Boise Cascade (BCC) Stock Price, News & Analysis

Company Overview

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. The Building Materials Distribution segment distributes a line of building materials, including oriented strand boards, plywood, and lumber; general line items, such as siding, composite decking, doors, metal products, insulation, and roofing; and engineered wood products. It markets and sells its products to dealers, home improvement centers, wholesalers, specialty distributors, and industrial converters for use in the construction of new residential housing, repair-and-remodeling of existing housing, construction of light industrial and commercial buildings, and other industrial applications. Boise Cascade Company was incorporated in 2004 and is headquartered in Boise, Idaho.

Key Stats

• Today's Range: $121.35 to $125.06
• 50-Day Range: $122.75 to $152.50
• 52-Week Range: $113.89 to $155.42
• Volume: 1.70 million shs
• Average Volume: 307,334 shs
• Market Capitalization: $4.71 billion
• P/E Ratio: 12.01
• Dividend Yield: 0.68%
• Price Target: $139.60
• Consensus Rating: Hold

Boise Cascade Stock Analysis - MarketRank™

Boise Cascade scored higher than 80% of companies evaluated by MarketBeat, and ranked 50th out of 99 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Boise Cascade has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Boise Cascade has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.63%

Earnings Growth

Earnings for Boise Cascade are expected to grow by 7.63% in the coming year, from $9.57 to $10.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boise Cascade is 12.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boise Cascade is 12.01, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.66.

Price to Book Value per Share Ratio

Boise Cascade has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.74% of the float of Boise Cascade has been sold short.

Short Interest Ratio / Days to Cover

Boise Cascade has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boise Cascade has recently increased by 5.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boise Cascade has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boise Cascade does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boise Cascade is 8.22%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Boise Cascade will have a dividend payout ratio of 8.16% next year. This indicates that Boise Cascade will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -3.12

Percentage of Shares Shorted

2.74% of the float of Boise Cascade has been sold short.

Short Interest Ratio / Days to Cover

Boise Cascade has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boise Cascade has recently increased by 5.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.50

News Sentiment

Boise Cascade has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Boise Cascade this week, compared to 6 articles on an average week.

MarketBeat Follows

Only 1 people have added Boise Cascade to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boise Cascade insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.98% of the stock of Boise Cascade is held by insiders.

Percentage Held by Institutions

96.18% of the stock of Boise Cascade is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BCC Stock Analysis - Frequently Asked Questions

How have BCC shares performed this year?

Boise Cascade's stock was trading at $129.36 at the start of the year. Since then, BCC shares have decreased by 5.1% and is now trading at $122.75.
View the best growth stocks for 2024 here.

How were Boise Cascade's earnings last quarter?

Boise Cascade (NYSE:BCC) posted its quarterly earnings results on Monday, November, 4th. The construction company reported $2.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.37 by $0.04. Boise Cascade's quarterly revenue was down 6.6% on a year-over-year basis.

Who are Boise Cascade's major shareholders?

Boise Cascade's top institutional investors include Wellington Management Group LLP (6.98%), State Street Corp (3.96%), Geode Capital Management LLC (2.64%) and Charles Schwab Investment Management Inc. (1.14%). Insiders that own company stock include Jeffrey Robert Strom, Kelly E Hibbs, Dean Michael Brown, Jill Twedt, Kristopher J Matula, Sue Ying Taylor, Sue Ying Taylor, Steven C Cooper and Mack L Hogans.
View institutional ownership trends.

How do I buy shares of Boise Cascade?

Shares of BCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Boise Cascade own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Boise Cascade investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), NVIDIA (NVDA), Charles Schwab (SCHW), Comcast (CMCSA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/04/2024
• Ex-Dividend for 12/18 Dividend: 12/02/2024
• Dividend Payable: 12/18/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Lumber & other construction materials
• Sub-Industry: Forest Products
• Current Symbol: NYSE:BCC
• CUSIP: 09739D10
• CIK: 1328581
• Web: www.bc.com
• Phone: (208) 384-6161
• Fax: N/A
• Employees: 7,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $139.60
• High Stock Price Target: $161.00
• Low Stock Price Target: $122.00
• Potential Upside/Downside: +13.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.22
• Trailing P/E Ratio: 12.01
• Forward P/E Ratio: 12.83
• P/E Growth: N/A
• Net Income: $483.66 million
• Net Margins: 5.95%
• Pretax Margin: 7.88%
• Return on Equity: 18.24%
• Return on Assets: 11.42%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 3.13
• Quick Ratio: 1.90

Sales & Book Value

• Annual Sales: $6.80 billion
• Price / Sales: 0.69
• Cash Flow: $13.47 per share
• Price / Cash Flow: 9.11
• Book Value: $55.46 per share
• Price / Book: 2.21

Miscellaneous

• Outstanding Shares: 38,405,000
• Free Float: 38,029,000
• Market Cap: $4.71 billion
• Optionable: Optionable
• Beta: 1.53