Q2 Earnings Forecast for Boise Cascade Issued By DA Davidson

Boise Cascade (NYSE:BCC - Free Report) - DA Davidson issued their Q2 2025 earnings per share estimates for Boise Cascade in a research note issued on Wednesday, May 7th. DA Davidson analyst K. Yinger expects that the construction company will post earnings of $1.85 per share for the quarter. DA Davidson currently 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.

Boise Cascade (NYSE:BCC - Get Free Report) last issued its earnings results on Monday, May 5th. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.36 by ($0.30). The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Boise Cascade had a return on equity of 17.04% and a net margin of 5.60%. The firm's revenue was down 6.6% compared to the same quarter last year. During the same period last year, the business earned $2.61 earnings per share.

Several other research firms have also recently commented on BCC. Truist Financial lowered their target price on Boise Cascade from $134.00 to $118.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Benchmark reissued a "hold" rating on shares of Boise Cascade in a research report on Tuesday, February 25th. BMO Capital Markets lowered their target price on shares of Boise Cascade from $136.00 to $122.00 and set a "market perform" rating for the company in a research note on Tuesday, February 25th. Loop Capital decreased their price target on Boise Cascade from $140.00 to $135.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, The Goldman Sachs Group dropped their price objective on Boise Cascade from $145.00 to $126.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $125.00.

Boise Cascade Trading Down 1.1 %

Shares of BCC stock traded down $0.99 during trading hours on Thursday, hitting $88.59. The company had a trading volume of 278,111 shares, compared to its average volume of 329,144. Boise Cascade has a fifty-two week low of $84.53 and a fifty-two week high of $155.42. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.34 and a quick ratio of 1.92. The company's fifty day moving average is $95.99 and its 200 day moving average is $117.28. The stock has a market capitalization of $3.33 billion, a PE ratio of 9.27 and a beta of 1.43.

Boise Cascade Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Monday, June 2nd will be given a $0.21 dividend. The ex-dividend date is Monday, June 2nd. This represents a $0.84 annualized dividend and a yield of 0.95%. Boise Cascade's dividend payout ratio (DPR) is 10.49%.

Insider Buying and Selling

In other Boise Cascade news, COO Jeffrey Robert Strom sold 4,500 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $100.21, for a total transaction of $450,945.00. Following the sale, the chief operating officer now directly owns 38,026 shares in the company, valued at approximately $3,810,585.46. The trade was a 10.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kristopher J. Matula sold 553 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $103.16, for a total transaction of $57,047.48. Following the completion of the transaction, the director now owns 13,099 shares of the company's stock, valued at $1,351,292.84. This represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. 0.98% of the stock is owned by company insiders.

Hedge Funds Weigh In On Boise Cascade

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Boise Cascade in the fourth quarter valued at $55,680,000. Westwood Holdings Group Inc. lifted its holdings in shares of Boise Cascade by 25.7% in the first quarter. Westwood Holdings Group Inc. now owns 1,499,305 shares of the construction company's stock valued at $147,067,000 after purchasing an additional 306,684 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Boise Cascade by 37.9% during the 4th quarter. First Trust Advisors LP now owns 712,527 shares of the construction company's stock worth $84,691,000 after purchasing an additional 195,773 shares in the last quarter. GAMMA Investing LLC lifted its stake in Boise Cascade by 15,650.6% in the 1st quarter. GAMMA Investing LLC now owns 143,015 shares of the construction company's stock valued at $14,028,000 after buying an additional 142,107 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in Boise Cascade by 12.0% during the 4th quarter. American Century Companies Inc. now owns 1,134,364 shares of the construction company's stock valued at $134,831,000 after buying an additional 121,790 shares during the last quarter. 96.18% of the stock is owned by institutional investors and hedge funds.

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.