Boise Cascade (BCC) Projected to Post Quarterly Earnings on Monday

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

Boise Cascade (NYSE:BCC) last released its earnings results on Thursday, February 20th. The construction company reported $1.78 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.01). Boise Cascade had a return on equity of 17.04% and a net margin of 5.60%. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.57 billion. 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 Trading Up 3.6 %

Shares of Boise Cascade stock opened at $96.05 on Friday. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 10.05 and a beta of 1.52. Boise Cascade has a 52-week low of $87.84 and a 52-week high of $155.42. The company’s 50-day simple moving average is $97.32 and its 200-day simple moving average is $119.11. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd will be given 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 payout ratio is 8.79%.

Insider Activity

In related news, Director Kristopher J. Matula sold 553 shares of Boise Cascade stock in a transaction dated 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 sale, the director now owns 13,099 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, COO Jeffrey Robert Strom sold 4,500 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer now directly owns 38,026 shares of the company’s stock, valued at $3,810,585.46. The trade was a 10.58 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BCC. Loop Capital decreased their price target on Boise Cascade from $140.00 to $135.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. DA Davidson lowered their price target on shares of Boise Cascade from $155.00 to $125.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Truist Financial reduced their price objective on shares of Boise Cascade from $134.00 to $118.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Benchmark restated a “hold” rating on shares of Boise Cascade in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group reduced their price target on shares of Boise Cascade from $145.00 to $126.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $125.00.

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.