Q1 Earnings Forecast for Boise Cascade Issued By DA Davidson

Boise Cascade (NYSE:BCC - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Boise Cascade in a research note issued on Tuesday, February 25th. DA Davidson analyst K. Yinger anticipates that the construction company will post earnings of $1.35 per share for the quarter. DA Davidson has a "Buy" rating and a $125.00 price objective 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 $9.91 EPS.

Boise Cascade (NYSE:BCC - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $1.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.01). Boise Cascade had a net margin of 5.60% and a return on equity of 17.04%. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.57 billion.

BCC has been the topic of several other research reports. StockNews.com lowered Boise Cascade from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th. Loop Capital cut their price target on Boise Cascade from $145.00 to $140.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Truist Financial cut their price target on Boise Cascade from $157.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, February 24th. Benchmark restated a "hold" rating on shares of Boise Cascade in a report on Tuesday. Finally, The Goldman Sachs Group lowered their price target on Boise Cascade from $145.00 to $126.00 and set a "neutral" rating for the company in a research note 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 assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $128.50.

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Boise Cascade Trading Up 1.1 %

Shares of BCC traded up $1.17 during trading hours on Wednesday, hitting $103.72. 579,120 shares of the stock traded hands, compared to its average volume of 330,275. The company has a current ratio of 3.34, a quick ratio of 1.92 and a debt-to-equity ratio of 0.22. Boise Cascade has a 1-year low of $102.17 and a 1-year high of $155.42. The firm has a market capitalization of $3.93 billion, a PE ratio of 10.85 and a beta of 1.57. The business has a fifty day moving average of $120.73 and a 200-day moving average of $131.48.

Hedge Funds Weigh In On Boise Cascade

Several hedge funds have recently made changes to their positions in the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Boise Cascade during the 4th quarter worth approximately $9,894,000. Mackenzie Financial Corp grew its stake in shares of Boise Cascade by 263.7% in the fourth quarter. Mackenzie Financial Corp now owns 19,142 shares of the construction company's stock valued at $2,275,000 after buying an additional 13,879 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Boise Cascade by 3.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 50,833 shares of the construction company's stock valued at $6,042,000 after buying an additional 1,471 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of Boise Cascade by 3.4% in the fourth quarter. Vise Technologies Inc. now owns 3,021 shares of the construction company's stock valued at $359,000 after buying an additional 100 shares in the last quarter. Finally, Voloridge Investment Management LLC grew its stake in shares of Boise Cascade by 80.9% in the fourth quarter. Voloridge Investment Management LLC now owns 15,702 shares of the construction company's stock valued at $1,866,000 after buying an additional 7,021 shares in the last quarter. 96.18% of the stock is owned by institutional investors.

Insider Transactions at Boise Cascade

In other news, Director Kristopher J. Matula sold 553 shares of the firm's stock in a transaction that occurred on 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 directly owns 13,099 shares of the company's stock, valued at $1,351,292.84. This trade represents a 4.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.98% of the company's stock.

Boise Cascade Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, February 24th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, February 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.81%. Boise Cascade's payout ratio is 8.79%.

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.