Potlatch (PCH) Receives Media Sentiment Rating of 0.22

Media coverage about Potlatch (NASDAQ:PCH) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Potlatch earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.4904676479625 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several equities research analysts have issued reports on the stock. BMO Capital Markets reaffirmed a “hold” rating on shares of Potlatch in a research note on Monday, October 23rd. Zacks Investment Research cut shares of Potlatch from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. DA Davidson lifted their target price on shares of Potlatch to $47.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 24th. Vertical Research cut shares of Potlatch from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Finally, BidaskClub cut shares of Potlatch from a “hold” rating to a “sell” rating in a research note on Saturday, December 2nd. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $48.60.

Shares of Potlatch (PCH) traded up $0.15 on Thursday, reaching $49.60. 439,411 shares of the company’s stock traded hands, compared to its average volume of 336,434. Potlatch has a 52 week low of $39.05 and a 52 week high of $56.35. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.72 and a current ratio of 2.17. The firm has a market cap of $2,010.00, a PE ratio of 22.96, a PEG ratio of 4.08 and a beta of 1.44.

Potlatch (NASDAQ:PCH) last posted its quarterly earnings results on Monday, October 23rd. The real estate investment trust reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. Potlatch had a return on equity of 54.42% and a net margin of 13.54%. The business had revenue of $190.40 million for the quarter, compared to analyst estimates of $187.29 million. During the same quarter in the previous year, the firm earned $0.68 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. sell-side analysts predict that Potlatch will post 2.39 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 8th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, December 7th. This is a positive change from Potlatch’s previous quarterly dividend of $0.38. Potlatch’s payout ratio is currently 74.07%.

In other news, VP William R. Dereu sold 4,720 shares of Potlatch stock in a transaction on Friday, November 10th. The stock was sold at an average price of $52.50, for a total transaction of $247,800.00. Following the transaction, the vice president now owns 26,142 shares in the company, valued at approximately $1,372,455. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.52% of the stock is owned by insiders.

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Potlatch Company Profile

Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.

Insider Buying and Selling by Quarter for Potlatch (NASDAQ:PCH)

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