Boise Cascade (NYSE:BCC – Free Report) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Boise Cascade in a note issued to investors on Tuesday, February 25th. DA Davidson analyst K. Yinger forecasts that the construction company will earn $1.35 per share for the quarter. DA Davidson has a “Buy” rating and a $125.00 price target on the stock. The consensus estimate for Boise Cascade’s current full-year earnings is $10.15 per share. DA Davidson also issued estimates for Boise Cascade’s FY2026 earnings at $9.91 EPS.
Other equities analysts also recently issued research reports about the company. Truist Financial lowered their price target on Boise Cascade from $157.00 to $134.00 and set a “buy” rating on the stock in a research report on Monday. Benchmark restated a “hold” rating on shares of Boise Cascade in a research note on Tuesday. BMO Capital Markets reduced their price objective on shares of Boise Cascade from $136.00 to $122.00 and set a “market perform” rating for the company in a research report on Tuesday. Loop Capital dropped their price objective on shares of Boise Cascade from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Monday. Finally, The Goldman Sachs Group reduced their target price on shares of Boise Cascade from $145.00 to $126.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $128.50.
Boise Cascade Stock Down 2.3 %
Shares of BCC stock opened at $104.03 on Wednesday. Boise Cascade has a 52-week low of $102.27 and a 52-week high of $155.42. The stock has a market cap of $3.95 billion, a price-to-earnings ratio of 10.88 and a beta of 1.57. The firm’s 50-day moving average is $121.52 and its 200-day moving average is $131.84. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.92 and a current ratio of 3.34.
Boise Cascade (NYSE:BCC – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The construction company reported $1.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.01). Boise Cascade had a return on equity of 17.04% and a net margin of 5.60%. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.57 billion.
Institutional Trading of Boise Cascade
Several large investors have recently modified their holdings of BCC. Larson Financial Group LLC grew its stake in Boise Cascade by 23.9% during the third quarter. Larson Financial Group LLC now owns 378 shares of the construction company’s stock worth $53,000 after buying an additional 73 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Boise Cascade by 4.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,757 shares of the construction company’s stock valued at $248,000 after buying an additional 78 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Boise Cascade by 3.4% during the 4th quarter. Vise Technologies Inc. now owns 3,021 shares of the construction company’s stock worth $359,000 after acquiring an additional 100 shares during the period. First Trust Direct Indexing L.P. boosted its position in shares of Boise Cascade by 7.3% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 1,893 shares of the construction company’s stock worth $267,000 after acquiring an additional 128 shares in the last quarter. Finally, Invst LLC increased its stake in Boise Cascade by 2.6% in the third quarter. Invst LLC now owns 5,060 shares of the construction company’s stock valued at $713,000 after acquiring an additional 128 shares during the last quarter. 96.18% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Boise Cascade news, Director Kristopher J. Matula sold 553 shares of Boise Cascade stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $103.16, for a total value of $57,047.48. Following the completion of the transaction, the director now directly owns 13,099 shares of the company’s stock, valued at $1,351,292.84. The trade was a 4.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.05% of the company’s stock.
Boise Cascade Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, February 24th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Monday, February 24th. Boise Cascade’s dividend payout ratio is 8.79%.
Boise Cascade Company Profile
Boise Cascade Company engages in manufacture of wood products and distribution of building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine shop lumber and appearance grade boards.
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