FY2026 EPS Estimates for Potlatch Reduced by Seaport Res Ptn

Potlatch Corporation (NASDAQ:PCH) – Equities researchers at Seaport Res Ptn decreased their FY2026 earnings per share (EPS) estimates for Potlatch in a research note issued to investors on Wednesday, September 24th. Seaport Res Ptn analyst M. Weintraub now anticipates that the real estate investment trust will post earnings of $0.72 per share for the year, down from their previous forecast of $0.80. The consensus estimate for Potlatch’s current full-year earnings is $0.80 per share.

Potlatch (NASDAQ:PCH) last announced its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $274.99 million during the quarter, compared to analyst estimates of $267.66 million. Potlatch had a net margin of 3.94% and a return on equity of 2.10%. Potlatch’s revenue was down 14.2% on a year-over-year basis. During the same period last year, the firm posted $0.17 EPS.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Potlatch from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Citigroup restated a “buy” rating and set a $47.00 target price (down from $49.00) on shares of Potlatch in a report on Tuesday, June 3rd. Finally, Truist Financial raised Potlatch from a “hold” rating to a “buy” rating and increased their price target for the company from $44.00 to $52.00 in a research report on Wednesday, July 16th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $49.83.

Potlatch Price Performance

Shares of NASDAQ PCH opened at $40.18 on Friday. The firm has a market cap of $3.11 billion, a PE ratio of 75.81 and a beta of 1.12. Potlatch has a one year low of $36.82 and a one year high of $48.12. The firm has a fifty day moving average of $41.78 and a 200 day moving average of $40.77. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.75 and a current ratio of 1.13.

Hedge Funds Weigh In On Potlatch

Several institutional investors and hedge funds have recently bought and sold shares of PCH. Osaic Holdings Inc. lifted its stake in shares of Potlatch by 27.5% during the second quarter. Osaic Holdings Inc. now owns 9,887 shares of the real estate investment trust’s stock worth $386,000 after purchasing an additional 2,131 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Potlatch during the second quarter valued at approximately $668,000. State of Wyoming lifted its stake in Potlatch by 35.5% during the second quarter. State of Wyoming now owns 22,330 shares of the real estate investment trust’s stock worth $857,000 after purchasing an additional 5,852 shares during the last quarter. Westwood Holdings Group Inc. lifted its position in shares of Potlatch by 19.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 2,792,075 shares of the real estate investment trust’s stock worth $107,132,000 after buying an additional 461,356 shares during the last quarter. Finally, Headlands Technologies LLC boosted its stake in Potlatch by 49.8% in the second quarter. Headlands Technologies LLC now owns 21,127 shares of the real estate investment trust’s stock valued at $811,000 after acquiring an additional 7,025 shares during the period. Institutional investors and hedge funds own 86.06% of the company’s stock.

Potlatch Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, September 15th. Potlatch’s payout ratio is presently 339.62%.

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.