FY2025 EPS Estimates for UFP Industries Reduced by Analyst

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - DA Davidson reduced their FY2025 EPS estimates for shares of UFP Industries in a research report issued to clients and investors on Wednesday, April 30th. DA Davidson analyst K. Yinger now anticipates that the construction company will post earnings per share of $5.91 for the year, down from their previous estimate of $6.49. The consensus estimate for UFP Industries' current full-year earnings is $7.08 per share. DA Davidson also issued estimates for UFP Industries' FY2026 earnings at $6.84 EPS.

UFP Industries (NASDAQ:UFPI - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The construction company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.27). The business had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.61 billion. UFP Industries had a net margin of 6.23% and a return on equity of 13.24%. The business's quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.96 earnings per share.

Several other research firms have also recently commented on UFPI. StockNews.com cut shares of UFP Industries from a "buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Benchmark reissued a "buy" rating and set a $135.00 price target on shares of UFP Industries in a research report on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $143.00.

UFP Industries Trading Down 2.2 %

NASDAQ:UFPI traded down $2.24 during midday trading on Friday, reaching $99.71. 379,024 shares of the stock traded hands, compared to its average volume of 331,176. The stock has a market capitalization of $6.06 billion, a P/E ratio of 14.73 and a beta of 1.54. UFP Industries has a 12 month low of $96.99 and a 12 month high of $141.33. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.25 and a current ratio of 4.88. The company has a fifty day moving average of $105.88 and a 200 day moving average of $116.08.

Hedge Funds Weigh In On UFP Industries

Several institutional investors have recently made changes to their positions in the business. FMR LLC increased its holdings in UFP Industries by 7.1% during the fourth quarter. FMR LLC now owns 1,751,264 shares of the construction company's stock valued at $197,280,000 after buying an additional 115,687 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in UFP Industries by 39.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,546,745 shares of the construction company's stock valued at $174,241,000 after purchasing an additional 435,155 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of UFP Industries by 5.0% in the fourth quarter. Franklin Resources Inc. now owns 1,287,833 shares of the construction company's stock worth $145,074,000 after purchasing an additional 61,861 shares during the period. Northern Trust Corp increased its stake in shares of UFP Industries by 9.7% in the fourth quarter. Northern Trust Corp now owns 1,111,147 shares of the construction company's stock worth $125,171,000 after purchasing an additional 98,533 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of UFP Industries by 14.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,051,613 shares of the construction company's stock worth $112,112,000 after purchasing an additional 132,595 shares in the last quarter. Institutional investors own 81.81% of the company's stock.

UFP Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.35 per share. The ex-dividend date is Monday, June 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.40%. UFP Industries's dividend payout ratio is currently 22.91%.

UFP Industries Company Profile

UFP Industries, Inc, through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, pergolas, picnic tables, and other landscaping products.