Raymond James analyst Buck Horne maintained a Buy rating on PotlatchDeltic (NASDAQ:PCH) Corporation on Friday, setting a price target of $70, which is approximately 36.77% above the present share price of $51.18.
Horne expects PotlatchDeltic Corporation to post earnings per share (EPS) of $2.79 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in PotlatchDeltic, with an average price target of $64.
The analysts price targets range from a high of $70 to a low of $60.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $447.51 million and a net profit of $250.22 million. The company's market cap is $3.43 billion.
According to TipRanks.com, Raymond James analyst Buck Horne is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.9% and a 63.80% success rate.
PotlatchDeltic Corp. operates as a real estate investment trust. The firm engages in the ownership and management of acres of timberlands. It operates through the following segments: Resource, Wood Products and Real Estate. The Resource segment includes planting and harvesting trees, building and maintaining roads, hunting leases, recreation permits, biomass production and carbon sequestration. The Wood Products segment produces and trades lumber, plywood and residuals. The Real Estate segment markets and sells land holdings. The company was founded in 1903 and is headquartered in Spokane, WA.