FY2026 EPS Estimates for Potlatch Lowered by Seaport Res Ptn

Potlatch Corporation (NASDAQ:PCH) – Investment analysts at Seaport Res Ptn cut their FY2026 earnings per share estimates for Potlatch in a research note issued on Tuesday, July 15th. Seaport Res Ptn analyst M. Weintraub now expects that the real estate investment trust will earn $0.80 per share for the year, down from their prior estimate of $0.90. The consensus estimate for Potlatch’s current full-year earnings is $0.80 per share.

Potlatch (NASDAQ:PCH) last posted its quarterly earnings data on Monday, April 28th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13. Potlatch had a return on equity of 2.36% and a net margin of 4.35%. The business had revenue of $268.26 million during the quarter, compared to the consensus estimate of $243.68 million. The business’s revenue for the quarter was up 17.6% on a year-over-year basis.

A number of other equities research analysts have also recently commented on PCH. Truist Financial raised Potlatch from a “hold” rating to a “buy” rating and increased their target price for the stock from $44.00 to $52.00 in a research note on Wednesday. Citigroup reissued a “buy” rating and issued a $47.00 target price (down from $49.00) on shares of Potlatch in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

Potlatch Trading Down 1.1%

NASDAQ PCH opened at $40.20 on Thursday. Potlatch has a 12 month low of $36.82 and a 12 month high of $48.12. The stock has a market cap of $3.16 billion, a P/E ratio of 65.90 and a beta of 1.14. The stock’s fifty day moving average price is $39.42 and its 200-day moving average price is $41.33. The company has a current ratio of 1.43, a quick ratio of 1.04 and a debt-to-equity ratio of 0.45.

Institutional Investors Weigh In On Potlatch

Several institutional investors have recently modified their holdings of PCH. JPMorgan Chase & Co. lifted its holdings in Potlatch by 27.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,145,473 shares of the real estate investment trust’s stock valued at $44,960,000 after acquiring an additional 245,026 shares during the period. Principal Financial Group Inc. lifted its holdings in Potlatch by 1.0% in the first quarter. Principal Financial Group Inc. now owns 166,650 shares of the real estate investment trust’s stock valued at $7,519,000 after acquiring an additional 1,624 shares during the period. First Horizon Advisors Inc. bought a new position in Potlatch in the first quarter valued at about $5,138,000. Bank of America Corp DE lifted its holdings in Potlatch by 11.0% in the fourth quarter. Bank of America Corp DE now owns 745,033 shares of the real estate investment trust’s stock valued at $29,243,000 after acquiring an additional 73,781 shares during the period. Finally, SG Americas Securities LLC bought a new position in Potlatch in the first quarter valued at about $1,183,000. 86.06% of the stock is owned by hedge funds and other institutional investors.

Potlatch Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 6th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $1.80 annualized dividend and a dividend yield of 4.48%. Potlatch’s dividend payout ratio (DPR) is presently 295.08%.

About Potlatch

PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program.