Boise Cascade
About: Boise Cascade Co is a producer of engineered wood products (EWP) and plywood. The firm operates in two segments namely Wood Products and Building Materials Distribution. Wood Products segment manufactures EWP, consisting of laminated veneer lumber (LVL), I-joists, and laminated beams. The Building Materials Distribution segment is engaged in the wholesale of building materials. It distributes products such as plywood, OSB, and lumber items such as siding, doors, metal products, insulation, and roofing, EWP and others. The company generates a majority of its revenue from the Building Material Distribution segment.
Employees: 7,480
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
139% more call options, than puts
Call options by funds: $17.7M | Put options by funds: $7.43M
13% more capital invested
Capital invested by funds: $4.59B [Q2] → $5.18B (+$589M) [Q3]
0% less funds holding
Funds holding: 368 [Q2] → 367 (-1) [Q3]
2% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 53
5% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 139
4.43% less ownership
Funds ownership: 97.44% [Q2] → 93.0% (-4.43%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$136
11%
upside
Avg. target
$151
23%
upside
High target
$161
31%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Loop Capital Jeffrey Stevenson 42% 1-year accuracy 5 / 12 met price target | 26%upside $155 | Buy Initiated | 1 Nov 2024 |
BMO Capital Ketan Mamtora 43% 1-year accuracy 3 / 7 met price target | 11%upside $136 | Market Perform Maintained | 22 Oct 2024 |
Truist Securities Michael Roxland 55% 1-year accuracy 24 / 44 met price target | 31%upside $161 | Buy Maintained | 15 Oct 2024 |
Financial journalist opinion
Based on 6 articles about BCC published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Boise Cascade Acquires 15th Door & Millwork Location in Florida
BCC expands its door and millwork locations by acquiring the Parksite door shop in Lakeland, FL. This marks the expansion of its business in the Southern region.
Positive
Seeking Alpha
1 week ago
Forget The S&P 500 - Here's What Smart Dividend Investors Buy Now
Dividend investing thrives outside the S&P 500, offering unique opportunities for smart investors seeking income and growth in dynamic markets. This article highlights four exceptional dividend stocks that stand out for their robust fundamentals, reliable payouts, and long-term potential. These picks are ideal for investors aiming to balance strong yields with sustainable growth, outperforming traditional index-based strategies.
Neutral
Business Wire
1 week ago
Boise Cascade Expands Its Millwork Business With the Purchase of a Florida Door Shop
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced today that it has purchased the assets of the Parksite door shop in Lakeland, Florida. Parksite currently has 22 locations, and this transaction involves their Florida door shop only. The remaining Parksite locations and products are not part of this agreement and will continue to be owned and operated by Parksite. The transaction was completed today. The Parksite Florida door shop offers a large selectio.
Positive
Seeking Alpha
1 week ago
3 Dividend Gems You Didn't Know Could Build Lasting Wealth
Over the next 25 years, $124 trillion in inheritances will be transferred, reshaping wealth distribution and offering new investment opportunities for younger generations. Three dividend growth companies on my watch list have impressive potential, enjoying strong secular growth. While these companies may not be “mainstream,” their solid business models and growth prospects make them excellent picks for long-term investors.
Positive
Zacks Investment Research
2 weeks ago
Why Is Boise Cascade (BCC) Up 5.7% Since Last Earnings Report?
Boise Cascade (BCC) reported earnings 30 days ago. What's next for the stock?
Positive
Seeking Alpha
2 weeks ago
A New Golden Age: 2 Dividend Stocks Set To Cash In On A Monumental Trend
In this article, I dive into two companies I believe are well-positioned to benefit from the golden age of commercial and residential remodeling. Both have strong growth prospects. As the U.S. experiences an aging building stock, the demand for renovations and replacements is on the rise, creating a robust market for companies in this space. I share why I'm excited about these two picks, both offering impressive returns, solid dividend growth, and exposure to the remodeling boom, making them excellent long-term investments.
Neutral
Business Wire
1 month ago
Boise Cascade Goes Exclusive With Trex Railing and Expands Trex Footprint
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE: TREX], the world's largest manufacturer of high-performance, wood-alternative decking and railing, has strengthened its relationship with Boise Cascade [NYSE: BCC], the leading national distributor of building products. Moving forward, Trex will be the only brand of composite decking and deck railings sold and distributed by Boise locations participating in the Trex program across the country, including incremental Trex distribution that Boi.
Negative
Zacks Investment Research
1 month ago
Boise Cascade Q3 Earnings Lag Estimates, Sales Beat, Both Dip Y/Y
BCC's third-quarter 2024 results reflect declining sales volume and lower sales price, along with a high expense structure.
Neutral
Seeking Alpha
1 month ago
Boise Cascade Company (BCC) Q3 2024 Earnings Call Transcript
Boise Cascade Company (NYSE:BCC ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Chris Forrey - Investor Relations Nate Jorgensen - Chief Executive Officer Kelly Hibbs - Senior Vice President, Chief Financial Officer and Treasurer Jeff Strom - Head, Building Materials Distribution Operations Troy Little - Head, Wood Products Operations Conference Call Participants Michael Roxland - Truist Securities Susan Maklari - Goldman Sachs Jeffrey Stevenson - Loop Capital Ketan Mamtora - BMO Capital Markets Kurt Yinger - D.A. Davidson Operator Good morning.
Negative
Zacks Investment Research
1 month ago
Boise Cascade (BCC) Q3 Earnings Lag Estimates
Boise Cascade (BCC) came out with quarterly earnings of $2.33 per share, missing the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $3.58 per share a year ago.
Charts implemented using Lightweight Charts™