Potlatch Corporation (NASDAQ:PCH) Given Price Target Of $55


As per Potlatch Corporation (NASDAQ:PCH)’s news release on 2016-05-05, its shareholders will get cash dividend of $0.375 per share. The recent press release updated on the record date and payout date, which stands at 2016-06-08 and 2016-06-30, respectively.

The stock will commence trading ex-dividend from 2016-06-06, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Potlatch Corporation (NASDAQ:PCH) disbursed $0.375 in dividend compared to distribution of $0.375, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 5.2632%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Potlatch Corporation (NASDAQ:PCH) to attain a price target of $55. It is an average estimate figure given by 6 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $125. The low price range is set at $38 for next year while the arithmetic mean is seen at 2.17.

Eyeing Earnings Potlatch Corporation (NASDAQ:PCH) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.71 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Potlatch Corporation (NASDAQ:PCH) earnings came at $0.13 suggesting a deviation of $0.06. The brokerages targeted EPS of $0.07 for the quarter.

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