Boise Cascade (BCC) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boise Cascade in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BCC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCC, but not buy additional shares or sell existing shares.
View BCC analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12 month price objectives for Boise Cascade's stock. Their BCC share price forecasts range from $64.00 to $98.00. On average, they predict the company's share price to reach $75.40 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for BCC or view top-rated stocks among Wall Street analysts.

Boise Cascade's stock was trading at $68.67 at the start of the year. Since then, BCC stock has increased by 12.3% and is now trading at $77.11.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our BCC earnings forecast.

Boise Cascade (NYSE:BCC) released its earnings results on Friday, May, 5th. The construction company reported $2.43 EPS for the quarter, topping the consensus estimate of $1.81 by $0.62. The construction company earned $1.54 billion during the quarter, compared to analysts' expectations of $1.48 billion. Boise Cascade had a trailing twelve-month return on equity of 32.79% and a net margin of 8.57%. The firm's revenue was down 33.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.61 earnings per share.

Boise Cascade declared a quarterly dividend on Thursday, May 4th. Investors of record on Thursday, June 1st will be paid a dividend of $0.15 per share on Thursday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for BCC.

ETFs with the largest weight of Boise Cascade (NYSE:BCC) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Qraft AI-Enhanced Next Value ETF (NVQ) and ETC 6 Meridian Small Cap Equity ETF (SIXS).

Boise Cascade (NYSE:BCC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.80%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCC will have a dividend payout ratio of 8.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCC.

3 employees have rated Boise Cascade Chief Executive Officer Nate Jorgensen on Glassdoor.com. Nate Jorgensen has an approval rating of 100% among the company's employees. This puts Nate Jorgensen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Boise Cascade investors own include BCE (BCE), Activision Blizzard (ATVI), Weyerhaeuser (WY), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Walmart (WMT) and AbbVie (ABBV).

Boise Cascade trades on the New York Stock Exchange (NYSE) under the ticker symbol "BCC."

Boise Cascade's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.58%), Dimensional Fund Advisors LP (6.97%), Macquarie Group Ltd. (5.37%), State Street Corp (3.54%), Acadian Asset Management LLC (3.26%) and Wellington Management Group LLP (2.24%). Insiders that own company stock include Dean Michael Brown, Jill Twedt, Kelly E Hibbs, Mack L Hogans, Nick Stokes, Steven C Cooper, Thomas E Carlile and Wayne M Rancourt.
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Shares of BCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BCC stock can currently be purchased for approximately $77.11.

Boise Cascade (NYSE:BCC) has a market capitalization of $3.05 billion and generates $8.39 billion in revenue each year. The construction company earns $857.66 million in net income (profit) each year or $16.39 on an earnings per share basis.

The company employs 6,780 workers across the globe.

Boise Cascade's mailing address is 1111 WEST JEFFERSON STREET SUITE 300, BOISE ID, 83702. The official website for the company is www.bc.com. The construction company can be reached via phone at (208) 384-6161 or via email at investor@bc.com.