Boise Cascade (NYSE:BCC) Price Target Raised to $94.00 at The Goldman Sachs Group

Boise Cascade (NYSE:BCC) had its target price raised by The Goldman Sachs Group from $85.00 to $94.00 in a report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the construction company’s stock.

BCC has been the subject of a number of other reports. Weiss Ratings raised shares of Boise Cascade from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, January 28th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Boise Cascade in a report on Thursday, January 8th. DA Davidson reaffirmed a “buy” rating and set a $95.00 price target on shares of Boise Cascade in a research report on Tuesday. Finally, Truist Financial lifted their price target on Boise Cascade from $88.00 to $92.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Boise Cascade has a consensus rating of “Moderate Buy” and an average target price of $105.67.

Boise Cascade Stock Performance

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

Boise Cascade Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BCC. Wellington Management Group LLP increased its holdings in Boise Cascade by 19.8% in the 3rd quarter. Wellington Management Group LLP now owns 3,268,407 shares of the construction company’s stock worth $252,713,000 after acquiring an additional 539,962 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Boise Cascade by 2.6% during the third quarter. Dimensional Fund Advisors LP now owns 2,280,347 shares of the construction company’s stock worth $176,313,000 after purchasing an additional 58,131 shares during the period. Westwood Holdings Group Inc. increased its stake in shares of Boise Cascade by 9.7% in the second quarter. Westwood Holdings Group Inc. now owns 1,645,026 shares of the construction company’s stock worth $142,821,000 after purchasing an additional 145,721 shares in the last quarter. State Street Corp raised its position in shares of Boise Cascade by 0.3% in the fourth quarter. State Street Corp now owns 1,472,071 shares of the construction company’s stock valued at $108,344,000 after purchasing an additional 3,817 shares during the period. Finally, American Century Companies Inc. lifted its stake in shares of Boise Cascade by 4.5% during the 2nd quarter. American Century Companies Inc. now owns 1,281,435 shares of the construction company’s stock valued at $111,254,000 after buying an additional 55,052 shares in the last quarter. Hedge funds and other institutional investors own 96.18% of the company’s stock.

Trending Headlines about 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.