Truist Financial Issues Positive Forecast for Boise Cascade (NYSE:BCC) Stock Price

Boise Cascade (NYSE:BCC) had its target price lifted by Truist Financial from $92.00 to $103.00 in a report released on Wednesday morning, Marketbeat.com reports. Truist Financial currently has a buy rating on the construction company’s stock.

Other equities research analysts have also recently issued reports about the stock. The Goldman Sachs Group raised their target price on shares of Boise Cascade from $85.00 to $94.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings upgraded shares of Boise Cascade from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, January 28th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Boise Cascade in a research report on Thursday, January 8th. Finally, DA Davidson reiterated a “buy” rating and set a $95.00 target price on shares of Boise Cascade in a report on Tuesday. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $105.67.

Boise Cascade Price Performance

Shares of Boise Cascade stock opened at $83.54 on Wednesday. The company has a quick ratio of 1.69, a current ratio of 3.36 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.09 billion, a PE ratio of 23.73 and a beta of 1.27. The business has a 50 day moving average of $81.81 and a 200 day moving average of $78.91. Boise Cascade has a 52 week low of $65.14 and a 52 week high of $106.67.

Boise Cascade Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Monday, February 23rd will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.1%. Boise Cascade’s dividend payout ratio (DPR) is currently 17.39%.

Institutional Trading of Boise Cascade

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Fund Management S.A. purchased a new position in shares of Boise Cascade in the 2nd quarter worth about $2,342,000. AlphaQuest LLC raised its holdings in Boise Cascade by 131.5% in the third quarter. AlphaQuest LLC now owns 35,873 shares of the construction company’s stock worth $2,774,000 after buying an additional 20,378 shares during the last quarter. ARGA Investment Management LP bought a new position in shares of Boise Cascade in the third quarter worth approximately $1,499,000. Allianz Asset Management GmbH grew its holdings in shares of Boise Cascade by 10.2% during the third quarter. Allianz Asset Management GmbH now owns 175,031 shares of the construction company’s stock valued at $13,533,000 after buying an additional 16,270 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of Boise Cascade by 4.5% during the second quarter. American Century Companies Inc. now owns 1,281,435 shares of the construction company’s stock valued at $111,254,000 after acquiring an additional 55,052 shares in the last quarter. Hedge funds and other institutional investors own 96.18% of the company’s stock.

Key Headlines Impacting Boise Cascade

Here are the key news stories impacting Boise Cascade this week:

• Positive Sentiment: Truist raised its price target to $103 and put a “buy” rating on BCC, implying ~23% upside from current levels — a clear bullish signal that likely helped intraday buying. Truist raise
• Positive Sentiment: DA Davidson reaffirmed its “buy” rating and set a $95 target, reinforcing institutional conviction among buy-side analysts. DA Davidson note
• Neutral Sentiment: Goldman Sachs raised its target to $94 but kept a “neutral” rating — a modest constructive move that signals improved estimates but not a full endorsement. Goldman Sachs note
• Neutral Sentiment: Boise Cascade published Q4 earnings materials and an earnings-call transcript/presentation; coverage highlights management navigating market challenges — investors should review the call for details on volumes, pricing and outlook. Q4 highlights Earnings transcript Presentation
• Positive Sentiment: Media coverage noted the stock “rocketing higher” earlier in the session as analysts issued upgrades and targets, indicating short-term momentum following the newsflow. MSN coverage
• Negative Sentiment: Despite the positive analyst moves and earnings commentary, the stock is down on higher-than-average volume — likely profit-taking after the intraday run and/or broader market/sector weakness. Investors should watch whether fundamentals in the Q4 call (volumes, margins, guidance) sustain analyst optimism or invite further re-pricing.

About Boise Cascade

Boise Cascade Company operates as a leading manufacturer and distributor of wood products and building materials in North America. The company’s operations are organized into two primary segments: wood products manufacturing and building materials distribution. In its manufacturing segment, Boise Cascade produces a wide array of engineered wood products, including plywood, oriented strand board (OSB), lumber, particleboard and laminated veneer lumber (LVL), serving residential, commercial and industrial customers.

In its distribution segment, Boise Cascade sources and delivers building materials through an extensive network of distribution centers, servicing professional builders, remodelers, contractors and industrial customers.