Key Points
- CEO Eric Cremers sold 24,123 shares on Dec. 22 at an average price of $39.33 for about $948,758, trimming his position by 7.53% to 296,043 shares (≈$11.64M).
- The company filed a proxy and scheduled a shareholder vote for a Jan. 27, 2026 merger-of-equals with Rayonier, a transaction that could create a larger timberland REIT with potential scale and cost synergies.
- Potlatch declared a quarterly dividend of $0.45 per share (annualized $1.80, ~4.5% yield), but the dividend payout ratio is very high at 219.51%, suggesting the payout may exceed current earnings coverage.
Potlatch Corporation (NASDAQ:PCH - Get Free Report) CFO Wayne Wasechek sold 1,651 shares of Potlatch stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $39.48, for a total value of $65,181.48. Following the sale, the chief financial officer directly owned 29,026 shares in the company, valued at $1,145,946.48. The trade was a 5.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Potlatch Stock Performance
Shares of NASDAQ PCH opened at $39.73 on Wednesday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 48.45 and a beta of 1.10. Potlatch Corporation has a one year low of $36.82 and a one year high of $48.12. The business has a fifty day simple moving average of $40.25 and a 200 day simple moving average of $40.77. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.53.
Potlatch (NASDAQ:PCH - Get Free Report) last announced its quarterly earnings results on Friday, May 6th. The real estate investment trust reported $1.94 earnings per share (EPS) for the quarter. Potlatch had a net margin of 5.76% and a return on equity of 3.38%. The firm had revenue of $354.19 million for the quarter. Sell-side analysts expect that Potlatch Corporation will post 0.8 EPS for the current year.
Potlatch Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, December 15th. Potlatch's dividend payout ratio is 219.51%.
Institutional Trading of Potlatch
Large investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of Potlatch in the second quarter valued at $217,543,000. Legal & General Group Plc grew its holdings in Potlatch by 13.9% during the 2nd quarter. Legal & General Group Plc now owns 2,819,875 shares of the real estate investment trust's stock worth $108,199,000 after acquiring an additional 344,553 shares during the last quarter. Westwood Holdings Group Inc. increased its position in Potlatch by 19.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 2,792,075 shares of the real estate investment trust's stock valued at $107,132,000 after acquiring an additional 461,356 shares in the last quarter. Millennium Management LLC raised its stake in shares of Potlatch by 58.3% in the third quarter. Millennium Management LLC now owns 1,288,642 shares of the real estate investment trust's stock worth $52,512,000 after acquiring an additional 474,526 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Potlatch by 74.3% during the second quarter. Ameriprise Financial Inc. now owns 1,027,190 shares of the real estate investment trust's stock worth $39,413,000 after purchasing an additional 438,032 shares in the last quarter. Institutional investors own 86.06% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on PCH. DA Davidson reissued a "neutral" rating and issued a $40.00 target price (down from $54.00) on shares of Potlatch in a report on Thursday, November 13th. Bank of America cut Potlatch from a "buy" rating to an "underperform" rating and lowered their price target for the company from $49.00 to $46.00 in a research report on Monday, November 17th. Weiss Ratings reissued a "hold (c)" rating on shares of Potlatch in a report on Wednesday, October 8th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $48.00 target price on shares of Potlatch in a report on Monday, November 10th. Finally, Citigroup dropped their target price on shares of Potlatch from $45.00 to $44.00 and set a "neutral" rating for the company in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $45.80.
Check Out Our Latest Report on Potlatch
Key Headlines Impacting Potlatch
Here are the key news stories impacting Potlatch this week:
- Positive Sentiment: The company filed a Form DEFM14A scheduling a Jan. 27, 2026 shareholder vote on a merger-of-equals with Rayonier — a transaction that, if approved, would create a larger timberland REIT with potential scale, cost synergies and a clearer strategic outlook. That vote date and formal proxy filing make the deal timetable concrete and can support a re-rating or takeover premium expectations. PotlatchDeltic Sets January 27, 2026 Vote on Merger-of-Equals With Rayonier
- Negative Sentiment: Multiple insiders sold shares on Dec. 22 — including CEO Eric J. Cremers (24,123 shares) and several VPs and the CFO — representing meaningful percentage reductions in their holdings. Concentrated insider selling can raise governance or sentiment concerns for investors (or reflect tax/liquidity planning). Monitor whether these trades were part of pre-arranged 10b5-1 plans (not disclosed in these notices) and watch for further insider activity or commentary. CEO SEC filing: CEO Filing — Other insider filings: Darin Ball William Dereu Ashlee Cribb Michele Tyler Wayne Wasechek
Potlatch Company Profile
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Get Free Report)
PotlatchDeltic Corporation, which trades on the NASDAQ under the ticker PCH, is a real estate investment trust (REIT) specializing in the ownership and sustainable management of timberland. Headquartered in Spokane, Washington, the company holds approximately two million acres of forested land across the United States. Its integrated business model combines timberland stewardship with manufacturing and marketing of wood products to serve residential, agricultural and industrial markets.
In its timberland segment, PotlatchDeltic focuses on responsible forest management practices, including reforestation, habitat conservation and wildfire mitigation.
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