Boise Cascade (BCC) – Research Analysts’ Recent Ratings Updates

Boise Cascade (NYSE: BCC) has recently received a number of price target changes and ratings updates:

• 2/25/2025 – Boise Cascade had its price target lowered by analysts at BMO Capital Markets from $136.00 to $122.00. They now have a “market perform” rating on the stock.
• 2/25/2025 – Boise Cascade had its “hold” rating reaffirmed by analysts at Benchmark Co..
• 2/24/2025 – Boise Cascade had its price target lowered by analysts at Truist Financial Co. from $157.00 to $134.00. They now have a “buy” rating on the stock.
• 2/24/2025 – Boise Cascade had its price target lowered by analysts at DA Davidson from $155.00 to $125.00. They now have a “buy” rating on the stock.
• 2/24/2025 – Boise Cascade had its price target lowered by analysts at Loop Capital from $145.00 to $140.00. They now have a “buy” rating on the stock.
• 1/14/2025 – Boise Cascade had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $145.00 to $126.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Boise Cascade had its price target lowered by analysts at Truist Financial Co. from $161.00 to $157.00. They now have a “buy” rating on the stock.

Boise Cascade Price Performance

Shares of NYSE BCC traded down $0.20 during midday trading on Thursday, hitting $103.88. The stock had a trading volume of 211,232 shares, compared to its average volume of 316,337. The company has a market capitalization of $3.94 billion, a PE ratio of 10.87 and a beta of 1.57. The stock has a 50 day simple moving average of $121.52 and a 200-day simple moving average of $131.84. Boise Cascade has a 1 year low of $102.17 and a 1 year high of $155.42. The company has a quick ratio of 1.92, a current ratio of 3.34 and a debt-to-equity ratio of 0.22.

Boise Cascade (NYSE:BCC) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $1.57 billion. On average, sell-side analysts expect that Boise Cascade will post 10.15 EPS for the current fiscal year.

Boise Cascade Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, February 24th will be given a dividend of $0.21 per share. The ex-dividend date 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%.

Insiders Place Their Bets

In related news, Director Kristopher J. Matula sold 553 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $103.16, for a total value 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.98% of the stock is owned by insiders.

Institutional Investors Weigh In On Boise Cascade

Large investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. acquired a new stake in shares of Boise Cascade during the third quarter worth $28,000. R Squared Ltd acquired a new stake in shares of Boise Cascade during the fourth quarter worth $29,000. Quarry LP boosted its holdings in shares of Boise Cascade by 502.4% during the fourth quarter. Quarry LP now owns 253 shares of the construction company’s stock worth $30,000 after purchasing an additional 211 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Boise Cascade by 23.9% during the third quarter. Larson Financial Group LLC now owns 378 shares of the construction company’s stock worth $53,000 after purchasing an additional 73 shares during the last quarter. Finally, Principal Securities Inc. boosted its holdings in Boise Cascade by 44.2% in the fourth quarter. Principal Securities Inc. now owns 473 shares of the construction company’s stock valued at $56,000 after acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 96.18% of the company’s stock.

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.