Boise Cascade (BCC) Expected to Announce Earnings on Monday

Boise Cascade (NYSE:BCC) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect Boise Cascade to post earnings of $1.40 per share and revenue of $1.53 billion for the quarter.

Boise Cascade (NYSE:BCC) last announced its quarterly earnings results on Thursday, February 20th. The construction company reported $1.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.01). The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.57 billion. Boise Cascade had a net margin of 5.60% and a return on equity of 17.04%. On average, analysts expect Boise Cascade to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Boise Cascade Stock Up 3.6 %

Shares of NYSE BCC opened at $96.05 on Friday. Boise Cascade has a 52-week low of $87.84 and a 52-week high of $155.42. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.92 and a current ratio of 3.34. The business has a fifty day moving average of $97.32 and a two-hundred day moving average of $119.30. The stock has a market cap of $3.65 billion, a PE ratio of 10.05 and a beta of 1.52.

Boise Cascade Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Monday, June 2nd will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Monday, June 2nd. Boise Cascade’s dividend payout ratio is currently 8.79%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Loop Capital cut their target price on shares of Boise Cascade from $140.00 to $135.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Benchmark reissued a “hold” rating on shares of Boise Cascade in a research note on Tuesday, February 25th. Truist Financial decreased their target price on Boise Cascade from $134.00 to $118.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. DA Davidson cut their price target on Boise Cascade from $155.00 to $125.00 and set a “buy” rating for the company in a report on Monday, February 24th. Finally, BMO Capital Markets reduced their price target on shares of Boise Cascade from $136.00 to $122.00 and set a “market perform” rating on the stock in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $125.00.

Insider Transactions at Boise Cascade

In other Boise Cascade news, COO Jeffrey Robert Strom sold 4,500 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $100.21, for a total transaction of $450,945.00. Following the completion of the sale, the chief operating officer now owns 38,026 shares in the company, valued at approximately $3,810,585.46. The trade was a 10.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kristopher J. Matula sold 553 shares of the firm’s stock in a transaction 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 owns 13,099 shares in the company, valued at $1,351,292.84. This represents a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.98% of the stock is currently owned by corporate insiders.

About Boise Cascade

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.