PotlatchDeltic (newly named following Potlatch and Deltic Timber merger in February 2018) owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The Company operates in three business segments: Resource, Wood Products and Real Estate. The company was founded in 1903 and is based in Spokane, Washington.
PCH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Potlatchdeltic Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Potlatchdeltic Corp ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Potlatchdeltic Corp ended up being:
Potlatchdeltic Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than 63.75% of tickers in our DCF set.
Potlatchdeltic Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Real Estate), Potlatchdeltic Corp has a reliance on debt greater than only 13.73% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PCH, try MLP, KW, CXP, PSA, and CSGP.
The board of directors of PotlatchDeltic Corporation (NASDAQ: PCH) has declared a quarterly distribution on the Company's common stock. The distribution of $0.40 per share is payable June 30, 2020 to stockholders of record on June 5, 2020.
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq:PCH) today reported a net loss of $16.8 million, or ($0.25) per diluted share, on revenues of $208.9 million for the quarter ended March 31, 2020. Excluding an after-tax pension settlement charge, adjusted net income was $15.0 million, or $0.22 per diluted share for the first quarter of 2020. Net income was $6.6 million, or $0.10 per diluted share, on revenues of $181.7 million for the quarter ended March 31, 2019. Excluding af
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq:PCH) today reported net income of $11.4 million, or $0.17 per diluted share, on revenues of $203.5 million for the quarter ended December 31, 2019. Net income was $1.8 million, or $0.03 per diluted share, on revenues of $217.3 million for the quarter ended December 31, 2018. Excluding after-tax special items consisting of Deltic merger-related costs, adjusted net income was $2.7 million, or $0.04 per diluted share for the fourt