Q2 Earnings Forecast for Boise Cascade Issued By DA Davidson

Boise Cascade, L.L.C. (NYSE:BCC - Free Report) - DA Davidson decreased their Q2 2025 EPS estimates for shares of Boise Cascade in a report issued on Monday, July 21st. DA Davidson analyst K. Yinger now expects that the construction company will post earnings of $1.60 per share for the quarter, down from their prior estimate of $1.85. 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.

BCC has been the topic of several other research reports. Bank of America dropped their price objective on shares of 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 target price on shares of Boise Cascade from $140.00 to $135.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Truist Financial decreased their target price on shares of Boise Cascade from $114.00 to $106.00 and set a "buy" rating for the company in a report on Tuesday, July 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $116.00.

Boise Cascade Stock Down 2.2%

NYSE:BCC traded down $1.98 during mid-day trading on Tuesday, hitting $86.37. 141,587 shares of the company's stock were exchanged, compared to its average volume of 350,595. Boise Cascade has a one year low of $83.09 and a one year high of $155.42. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.82 and a quick ratio of 1.51. The business has a fifty day moving average price of $88.22 and a 200 day moving average price of $100.15. The company has a market cap of $3.25 billion, a PE ratio of 10.78, a P/E/G ratio of 4.25 and a beta of 1.34.

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

Boise Cascade Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.97%. Boise Cascade's dividend payout ratio is currently 10.49%.

Insiders Place Their Bets

In related news, EVP Joanna L. Barney sold 1,000 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $87.68, for a total transaction of $87,680.00. Following the completion of the transaction, the executive vice president owned 12,372 shares in the company, valued at approximately $1,084,776.96. This represents a 7.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jill Twedt sold 1,200 shares of the company'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 transaction, the senior vice president owned 34,649 shares of the company's stock, valued at approximately $3,049,458.49. This represents a 3.35% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company's stock.

Hedge Funds Weigh In On Boise Cascade

Institutional investors have recently bought and sold shares of the business. Quarry LP lifted its position in Boise Cascade by 502.4% during the fourth quarter. Quarry LP now owns 253 shares of the construction company's stock valued at $30,000 after purchasing an additional 211 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Boise Cascade by 120.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 406 shares of the construction company's stock worth $40,000 after acquiring an additional 222 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Boise Cascade by 338.5% in the 1st quarter. Farther Finance Advisors LLC now owns 478 shares of the construction company's stock worth $47,000 after acquiring an additional 369 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of Boise Cascade in the 2nd quarter worth about $42,000. Finally, Blue Trust Inc. lifted its holdings in shares of Boise Cascade by 93.7% in the 1st quarter. Blue Trust Inc. now owns 918 shares of the construction company's stock worth $90,000 after acquiring an additional 444 shares during the last quarter. Institutional investors own 96.18% of the company's stock.

About Boise Cascade

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.