Boise Cascade FY2025 EPS Forecast Reduced by DA Davidson

Boise Cascade, L.L.C. (NYSE:BCC - Free Report) - DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of Boise Cascade in a research note issued to investors on Monday, July 21st. DA Davidson analyst K. Yinger now forecasts that the construction company will post earnings per share of $5.31 for the year, down from their previous estimate of $6.27. DA Davidson currently has a "Buy" rating and a $100.00 target price 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 $6.92 EPS.

Other analysts have also issued research reports about the company. Bank of America decreased their price target on Boise Cascade from $111.00 to $107.00 and set a "buy" rating on the stock in a research note on Wednesday, July 9th. Loop Capital decreased their price target on Boise Cascade from $140.00 to $135.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Truist Financial decreased their price target on Boise Cascade from $114.00 to $106.00 and set a "buy" rating on the stock in a research note on Tuesday, July 8th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $116.00.

Boise Cascade Price Performance

BCC stock traded up $1.60 during trading on Wednesday, hitting $88.03. The company had a trading volume of 331,566 shares, compared to its average volume of 364,822. The company has a fifty day moving average price of $88.06 and a two-hundred day moving average price of $99.71. The company has a current ratio of 2.82, a quick ratio of 1.51 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.31 billion, a P/E ratio of 10.99, a P/E/G ratio of 4.21 and a beta of 1.34. Boise Cascade has a fifty-two week low of $83.09 and a fifty-two week high of $155.42.

Boise Cascade (NYSE:BCC - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The construction company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.30). Boise Cascade had a return on equity of 14.36% and a net margin of 4.72%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business posted $2.61 EPS. Boise Cascade's revenue for the quarter was down 6.6% compared to the same quarter last year.

Boise Cascade Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd were given a $0.21 dividend. The ex-dividend date was Monday, June 2nd. This represents a $0.84 annualized dividend and a yield of 0.95%. Boise Cascade's payout ratio is 10.49%.

Insider Buying and Selling at Boise Cascade

In other news, SVP Jill Twedt sold 1,200 shares of the business's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $88.01, for a total transaction of $105,612.00. Following the completion of the sale, the senior vice president owned 34,649 shares in the company, valued at $3,049,458.49. The trade was a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Joanna L. Barney sold 1,000 shares of the business's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $87.68, for a total value of $87,680.00. Following the sale, the executive vice president owned 12,372 shares of the company's stock, valued at approximately $1,084,776.96. The trade was a 7.48% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.98% of the company's stock.

Institutional Investors Weigh In On Boise Cascade

A number of institutional investors and hedge funds have recently made changes to their positions in BCC. Norges Bank acquired a new stake in shares of Boise Cascade during the fourth quarter worth $55,680,000. Westwood Holdings Group Inc. grew its stake in shares of Boise Cascade by 25.7% during the first quarter. Westwood Holdings Group Inc. now owns 1,499,305 shares of the construction company's stock worth $147,067,000 after purchasing an additional 306,684 shares during the period. First Trust Advisors LP grew its stake in shares of Boise Cascade by 37.9% during the fourth 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 during the period. GAMMA Investing LLC grew its stake in shares of Boise Cascade by 15,650.6% during the first quarter. GAMMA Investing LLC now owns 143,015 shares of the construction company's stock worth $14,028,000 after purchasing an additional 142,107 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Boise Cascade by 8.1% during the first quarter. American Century Companies Inc. now owns 1,226,383 shares of the construction company's stock worth $120,296,000 after purchasing an additional 92,019 shares during the period. Institutional investors own 96.18% of the company's stock.

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.