Boise Cascade - BCC Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boise Cascade in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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.

5 equities research analysts have issued 12-month price targets for Boise Cascade's shares. Their BCC share price forecasts range from $64.00 to $85.00. On average, they anticipate the company's share price to reach $73.25 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price.
View analysts price targets for BCC or view top-rated stocks among Wall Street analysts.

Boise Cascade's stock was trading at $71.20 at the beginning of 2022. Since then, BCC shares have decreased by 2.3% and is now trading at $69.53.
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Boise Cascade saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 733,200 shares, a drop of 18.9% from the October 31st total of 904,400 shares. Based on an average trading volume of 260,100 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.9% of the shares of the company are short sold.
View Boise Cascade's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our BCC earnings forecast.

Boise Cascade (NYSE:BCC) issued its quarterly earnings results on Tuesday, November, 1st. The construction company reported $5.52 earnings per share for the quarter, beating analysts' consensus estimates of $4.45 by $1.07. The construction company had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.03 billion. Boise Cascade had a net margin of 10.65% and a trailing twelve-month return on equity of 53.89%. The company's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.31 earnings per share.

Boise Cascade announced a None dividend on Thursday, October 27th. Shareholders of record on Thursday, December 1st will be paid a dividend of $1.15 per share on Thursday, December 15th. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 30th. This is a positive change from the stock's previous None dividend of $0.12.
Read our dividend analysis for BCC.

Boise Cascade (NYSE:BCC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.85%. 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 2.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCC will have a dividend payout ratio of 6.93% 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), Alkaline Water (WTER), 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (16.49%), Vanguard Group Inc. (12.49%), Dimensional Fund Advisors LP (6.52%), Macquarie Group Ltd. (5.45%), State Street Corp (3.72%) and Jacobs Levy Equity Management Inc. (1.75%). 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.
View institutional ownership trends.

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 $69.53.

Boise Cascade (NYSE:BCC) has a market capitalization of $2.74 billion and generates $7.93 billion in revenue each year. The construction company earns $712.49 million in net income (profit) each year or $22.88 on an earnings per share basis.

The company employs 6,110 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.