Potlatchdeltic Corp (PCH) Stock AnalysisPCHPotlatchdeltic Corp

PotlatchDeltic Corporation is a real estate investment trust (REIT) with operations in approximately nine states. The Company operates in three segments: Timberlands, Wood Products, and Real Estate. The Timberlands segment supplies its Wood Products segment with a portion of its wood fiber needs. The Wood Products segment manufactures and markets lumber and plywood and residual products at seven mills located in Arkansas, Idaho, Michigan and Minnesota. The segment's products are largely commodity products, which are sold to end users, retailers or wholesalers for nationwide distribution primarily for use in home building, repair and remodeling, industrial products, and other construction activities. The Real Estate segment consists primarily of the sale of rural land and real estate development and subdivision activity. The Real Estate segment also engages in real estate development and sales, and at times sells undeveloped acreage, through its PotlatchDeltic TRS. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

Not a good buy right now for an impatient trader. Despite being near support and somewhat oversold (RSI ~33) with very bullish options positioning, momentum is still deteriorating (MACD histogram negative and expanding) and hedge funds have been aggressively selling. With the Rayonier merger closing imminently, upside is likely more “deal-value/arb” constrained than trend-driven, so the risk-reward for an immediate chase is not compelling.

9 analysts cover PCH: 0 rate it Buy, 5 Hold and 4 Sell. The average price target is 45.00.