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UFP Industries (NASDAQ:UFPI) Announces Earnings Results

UFP Industries logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • UFP Industries reported mixed quarterly results: EPS came in at $1.05, missing the $1.21 analyst consensus, while revenue reached $1.73 billion, ahead of the $1.60 billion estimate.
  • Shares fell 2.0% to $78.30 as the earnings miss and 3.99% net margin raised concerns about profitability, despite stronger-than-expected sales.
  • The company declared a quarterly dividend of $0.36 per share, equivalent to $1.44 annually and a 1.8% yield; analysts maintain a consensus “Hold” rating with a $103.25 price target.
  • MarketBeat previews top five stocks to own in November.

UFP Industries (NASDAQ:UFPI - Get Free Report) issued its earnings results on Wednesday. The construction company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.21 by ($0.16), FiscalAI reports. The company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.60 billion. UFP Industries had a return on equity of 8.00% and a net margin of 3.99%.

UFP Industries Stock Down 2.0%

Shares of UFP Industries stock traded down $1.62 during trading hours on Wednesday, hitting $78.30. 633,169 shares of the company's stock traded hands, compared to its average volume of 441,813. The company has a market cap of $4.32 billion, a PE ratio of 17.96 and a beta of 1.22. The company has a quick ratio of 2.64, a current ratio of 3.98 and a debt-to-equity ratio of 0.07. UFP Industries has a twelve month low of $73.72 and a twelve month high of $118.00. The stock has a 50 day simple moving average of $81.23 and a 200-day simple moving average of $89.99.

UFP Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.36 per share. The ex-dividend date is Tuesday, December 1st. This represents a $1.44 annualized dividend and a dividend yield of 1.8%. UFP Industries's dividend payout ratio (DPR) is currently 33.03%.

Key Stories Impacting UFP Industries

Here are the key news stories impacting UFP Industries this week:

  • Positive Sentiment: Third-quarter revenue increased to $1.73 billion, exceeding the $1.60 billion analyst consensus by approximately 8%. The sales beat indicates resilient demand across UFP’s Retail, Packaging, and Construction operations. UFP Industries Q3 revenue report
  • Positive Sentiment: UFP Packaging acquired Apache Products, a pallet manufacturer based in Silsbee, Texas. The transaction expands UFPI’s pallet network along the Gulf Coast and could strengthen regional capacity and customer coverage. UFP Packaging acquisition of Apache Products
  • Positive Sentiment: DA Davidson reaffirmed its “buy” rating and maintained a $105 price target, implying substantial upside from recent trading levels. DA Davidson rating
  • Neutral Sentiment: UFP Industries extended its $750 million revolving credit facility to October 23, 2031. The longer maturity supports liquidity and financial flexibility, although it does not immediately change earnings expectations. UFP Industries credit facility extension
  • Negative Sentiment: Third-quarter earnings per share fell short of expectations: UFPI reported $1.05 per share versus the $1.21 consensus estimate. The $0.16 shortfall outweighed the revenue beat for investors and is the primary reason the stock has moved lower. UFP Industries Q3 earnings miss
  • Negative Sentiment: The earnings decline was accompanied by a net margin of just 3.99%, highlighting continued profitability pressure even as quarterly sales exceeded forecasts. UFP Industries Q3 earnings results

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on UFPI shares. DA Davidson reiterated a "buy" rating and issued a $105.00 price objective on shares of UFP Industries in a research report on Tuesday. Stifel Nicolaus set a $85.00 price objective on UFP Industries and gave the stock a "hold" rating in a research report on Monday. Zacks Research upgraded UFP Industries from a "strong sell" rating to a "hold" rating in a research note on Friday, July 31st. Weiss Ratings lowered shares of UFP Industries from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, October 12th. Finally, Oppenheimer initiated coverage on shares of UFP Industries in a report on Wednesday, September 30th. They issued a "market perform" rating on the stock. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, UFP Industries currently has an average rating of "Hold" and a consensus price target of $103.25.

Check Out Our Latest Report on UFP Industries

About UFP Industries

(Get Free Report)

UFP Industries, Inc is a diversified manufacturer and distributor of wood, composite and other products serving the retail, construction and industrial markets. The company supplies materials and components used in outdoor living, residential and commercial construction, manufactured housing, packaging and a range of industrial applications.

Its products include treated lumber, decking, fencing, landscaping products, roof trusses, wall panels, wood components, pallets, crates, specialty packaging and other custom-engineered products.

Further Reading

Earnings History for UFP Industries (NASDAQ:UFPI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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