potlatchdeltic (nasdaq:pch) is a leading real estate investment trust (reit) that owns 1.8 million acres of timberlands in alabama, arkansas, idaho, louisiana, minnesota and mississippi. 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. potlatchdeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.
Company profile
Ticker
PCH
Exchange
Website
CEO
Michael Covey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
POTLATCH CORP, Potlatch Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
PotlatchDeltic Forest Holdings, Inc. • PotlatchDeltic Land & Lumber, LLC • Potlatch Timberlands, LLC • PotlatchDeltic Real Estate, LLC ...
IRS number
820156045
PCH stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
PotlatchDeltic Appoints Wayne Wasechek as Chief Financial Officer
29 Aug 23
8-K
Regulation FD Disclosure
28 Aug 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
8-K
PotlatchDeltic Corporation Reports Second Quarter 2023 Results
31 Jul 23
8-K
Entry into a Material Definitive Agreement
21 Jul 23
15-12G
Securities registration termination
1 Jun 23
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jun 23
8-K
Entry into a Material Definitive Agreement
18 May 23
8-K
Amendments to Articles of Incorporation or Bylaws
4 May 23
8-K/A
Regulation FD Disclosure
4 May 23
Transcripts
PCH
Earnings call transcript
2023 Q2
1 Aug 23
PCH
Earnings call transcript
2023 Q1
25 Apr 23
PCH
Earnings call transcript
2022 Q4
31 Jan 23
PCH
Earnings call transcript
2022 Q3
25 Oct 22
PCH
Earnings call transcript
2022 Q2
26 Jul 22
PCH
Earnings call transcript
2022 Q1
26 Apr 22
PCH
Earnings call transcript
2021 Q4
2 Feb 22
PCH
Earnings call transcript
2021 Q3
26 Oct 21
PCH
Earnings call transcript
2021 Q2
27 Jul 21
PCH
Earnings call transcript
2021 Q1
27 Apr 21
Latest ownership filings
4
WILLIAM LINDEKE DRISCOLL
17 Aug 23
4
Robert L. Schwartz
8 Aug 23
4
LARRY PEIROS
3 Jul 23
4
WILLIAM LINDEKE DRISCOLL
3 Jul 23
11-K
Annual report of employee stock purchases
27 Jun 23
11-K
Annual report of employee stock purchases
27 Jun 23
4
WILLIAM LINDEKE DRISCOLL
19 May 23
4
LENORE M SULLIVAN
4 May 23
4
R HUNTER PIERSON JR
4 May 23
4
LARRY PEIROS
4 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 336.78 mm | 336.78 mm | 336.78 mm | 336.78 mm | 336.78 mm | 336.78 mm |
| Cash burn (monthly) | 2.09 mm | 14.93 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 5.84 mm | 41.77 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 330.94 mm | 295.01 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 158.7 | 19.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
85.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 295 |
| Opened positions | 14 |
| Closed positions | 44 |
| Increased positions | 86 |
| Reduced positions | 133 |
| 13F shares | Current |
|---|---|
| Total value | 3.60 tn |
| Total shares | 68.49 mm |
| Total puts | 2.60 k |
| Total calls | 67.80 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 11.73 mm | $620.16 bn |
| BLK Blackrock | 9.72 mm | $513.62 bn |
| Wellington Management | 4.89 mm | $258.38 bn |
| Pictet Asset Management | 3.26 mm | $172.07 bn |
| Inclusive Capital Partners | 3.15 mm | $166.26 bn |
| STT State Street | 2.73 mm | $144.03 bn |
| Geode Capital Management | 2.15 mm | $113.55 bn |
| T. Rowe Price Investment Management | 1.86 mm | $98.15 bn |
| LGEN Legal & General | 1.83 mm | $96.53 bn |
| Capital Research Global Investors | 1.58 mm | $83.34 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Aug 23 | Driscoll William Lindeke | Common Stock | Gift | Dispose G | No | No | 0 | 837 | 0.00 | 115,369.039 |
| 17 Aug 23 | Driscoll William Lindeke | Common Stock | Gift | Dispose G | No | No | 0 | 419 | 0.00 | 116,206.039 |
| 7 Aug 23 | Robert L. Schwartz | Common Stock | Discretionary | Dispose I | Yes | No | 51 | 4,551 | 232.10 k | 0 |
| 3 Jul 23 | Driscoll William Lindeke | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 390.551 | 0.00 | 20,938.376 |
| 3 Jul 23 | Peiros Larry | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 532.57 | 0.00 | 8,822.93 |
| 18 May 23 | Driscoll William Lindeke | Common Stock | Gift | Dispose G | No | No | 0 | 217 | 0.00 | 116,083.89 |
News
PotlatchDeltic Names Wayne Wasechek As Vice President, CFO, Effective Immediately
29 Aug 23
PotlatchDeltic Q2 Adj EPS $0.06 Misses $0.09 Estimate, Sales $246.10M Beat $230.63M Estimate
31 Jul 23
Earnings Scheduled For July 31, 2023
31 Jul 23
Earnings Outlook For PotlatchDeltic
28 Jul 23
PotlatchDeltic Downgraded To Sector Perform: Examining Limited Upside Post 23% Share Price Rise
19 Jul 23
Press releases
PotlatchDeltic Board Declares Distribution on Common Stock
29 Aug 23
PotlatchDeltic Appoints Wayne Wasechek as Chief Financial Officer
29 Aug 23
PotlatchDeltic Corporation Reports Second Quarter 2023 Results
31 Jul 23
PotlatchDeltic Scheduled to Release Second Quarter 2023 Earnings on July 31, 2023
27 Jun 23