FY2025 EPS Forecast for Boise Cascade Lowered by Analyst

Boise Cascade (NYSE:BCC) – Analysts at DA Davidson lowered their FY2025 earnings estimates for shares of Boise Cascade in a report released on Wednesday, May 7th. DA Davidson analyst K. Yinger now forecasts that the construction company will post earnings per share of $6.27 for the year, down from their prior forecast of $7.90. DA Davidson currently 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 $8.35 EPS.

Boise Cascade (NYSE:BCC) last released its quarterly earnings data on Monday, May 5th. The construction company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.30). Boise Cascade had a net margin of 5.60% and a return on equity of 17.04%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the firm earned $2.61 earnings per share. The business’s revenue for the quarter was down 6.6% on a year-over-year basis.

BCC has been the subject of several other reports. Benchmark reiterated a “hold” rating on shares of Boise Cascade in a report on Tuesday, February 25th. Loop Capital reduced their price target on Boise Cascade from $140.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. BMO Capital Markets lowered their price objective on shares of Boise Cascade from $136.00 to $122.00 and set a “market perform” rating for the company in a research report on Tuesday, February 25th. The Goldman Sachs Group reduced their target price on shares of Boise Cascade from $145.00 to $126.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Finally, Truist Financial lowered their price target on shares of Boise Cascade from $134.00 to $118.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $125.00.

Boise Cascade Price Performance

BCC opened at $88.59 on Friday. The company has a 50 day moving average of $95.99 and a two-hundred day moving average of $117.53. Boise Cascade has a 52-week low of $84.53 and a 52-week 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. The company has a market cap of $3.37 billion, a P/E ratio of 9.27 and a beta of 1.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in Boise Cascade in the fourth quarter valued at approximately $55,680,000. Westwood Holdings Group Inc. grew its stake in Boise Cascade by 25.7% during the 1st quarter. Westwood Holdings Group Inc. now owns 1,499,305 shares of the construction company’s stock worth $147,067,000 after buying an additional 306,684 shares during the last quarter. First Trust Advisors LP increased its position in Boise Cascade by 37.9% in the fourth quarter. First Trust Advisors LP now owns 712,527 shares of the construction company’s stock worth $84,691,000 after buying an additional 195,773 shares during the period. GAMMA Investing LLC lifted its stake in Boise Cascade by 15,650.6% in the first quarter. GAMMA Investing LLC now owns 143,015 shares of the construction company’s stock valued at $14,028,000 after buying an additional 142,107 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Boise Cascade by 12.0% during the fourth quarter. American Century Companies Inc. now owns 1,134,364 shares of the construction company’s stock valued at $134,831,000 after acquiring an additional 121,790 shares during the period. 96.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Jeffrey Robert Strom sold 4,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $100.21, for a total transaction of $450,945.00. Following the sale, the chief operating officer now directly owns 38,026 shares of the company’s stock, valued at approximately $3,810,585.46. This represents a 10.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kristopher J. Matula sold 553 shares of Boise Cascade stock in a transaction on Tuesday, February 25th. The stock was 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 approximately $1,351,292.84. This represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.11% of the company’s stock.

Boise Cascade Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Monday, June 2nd. Boise Cascade’s payout ratio is currently 10.49%.

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.