PotlatchDeltic (NASDAQ:PCH – Get Free Report) posted its quarterly earnings data on Monday. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17, Briefing.com reports. The firm had revenue of $320.70 million for the quarter, compared to the consensus estimate of $305.01 million. PotlatchDeltic had a net margin of 4.58% and a return on equity of 0.74%. The business’s revenue for the quarter was up 30.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS.
PotlatchDeltic Price Performance
NASDAQ PCH opened at $43.34 on Tuesday. The company has a market cap of $3.45 billion, a PE ratio of 76.04, a price-to-earnings-growth ratio of 9.83 and a beta of 1.12. PotlatchDeltic has a 52 week low of $37.06 and a 52 week high of $53.72. The company has a quick ratio of 1.12, a current ratio of 1.42 and a debt-to-equity ratio of 0.40. The firm’s 50-day simple moving average is $40.85 and its two-hundred day simple moving average is $43.31.
PotlatchDeltic Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend was Friday, June 7th. PotlatchDeltic’s dividend payout ratio (DPR) is presently 315.80%.
Analysts Set New Price Targets
View Our Latest Stock Report on PotlatchDeltic
PotlatchDeltic Company Profile
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.
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