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NASDAQ:UFPI

UFP Industries (UFPI) Stock Price, News & Analysis

UFP Industries logo
$122.34
-0.05 (-0.04%)
(As of 10/31/2024 ET)

About UFP Industries Stock (NASDAQ:UFPI)

Key Stats

Today's Range
$120.87
$123.89
50-Day Range
$112.81
$138.40
52-Week Range
$90.62
$139.54
Volume
269,306 shs
Average Volume
281,225 shs
Market Capitalization
$7.55 billion
P/E Ratio
15.83
Dividend Yield
1.08%
Price Target
$139.60
Consensus Rating
Moderate Buy

Company Overview

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. This segment also offers wood plastic composites, composite decking, and related decking accessories, including non- aluminum railing systems, balusters, post caps, and other products, as well as pre-painted and primed shiplap and project boards. The Packaging segment provides custom and structural packaging products, pallets, corrugate, foam, labels, strapping, and films. The construction segment offers roof trusses, cut-to-size dimensional and board lumber, plywoods, and oriented strand boards; engineered wood components, including roof and floor trusses, wall panels, I-joists, and lumber packages; and alternate materials components, such as metal trusses, sheathed and pre-finished light gauge metal wall panels, aluminum decks, and rail accessories, as well as distributes siding, electrical, and plumbing products. This segment also engages in the manufacture of components; design, manufacture, and supply of wood forms and related products to set or form concrete for structures, such as parking garages, stadiums, and other infrastructure projects. It also offers interior fixtures, millwork, and casework for retail and commercial structures. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was incorporated in 1955 and is headquartered in Grand Rapids, Michigan.

UFP Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
89th Percentile Overall Score

UFPI MarketRank™: 

UFP Industries scored higher than 89% of companies evaluated by MarketBeat, and ranked 24th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    UFP Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    UFP Industries has only been the subject of 1 research reports in the past 90 days.

  • Read more about UFP Industries' stock forecast and price target.
  • Earnings Growth

    Earnings for UFP Industries are expected to grow by 7.70% in the coming year, from $7.27 to $7.83 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of UFP Industries is 15.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of UFP Industries is 15.83, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 33.92.

  • Price to Book Value per Share Ratio

    UFP Industries has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about UFP Industries' valuation and earnings.
  • Percentage of Shares Shorted

    1.40% of the float of UFP Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    UFP Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UFP Industries has recently decreased by 0.41%, indicating that investor sentiment is improving.
  • Dividend Yield

    UFP Industries pays a meaningful dividend of 1.01%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    UFP Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of UFP Industries is 16.42%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, UFP Industries will have a dividend payout ratio of 16.86% next year. This indicates that UFP Industries will be able to sustain or increase its dividend.

  • Read more about UFP Industries' dividend.
  • Percentage of Shares Shorted

    1.40% of the float of UFP Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    UFP Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UFP Industries has recently decreased by 0.41%, indicating that investor sentiment is improving.
  • News Sentiment

    UFP Industries has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for UFP Industries this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for UFPI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added UFP Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, UFP Industries insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.58% of the stock of UFP Industries is held by insiders.

  • Percentage Held by Institutions

    81.81% of the stock of UFP Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about UFP Industries' insider trading history.
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UFPI Stock News Headlines

UFP Industries Reports Q3 Earnings Amid Market Challenges
UFP Industries, Inc. Reveals Retreat In Q3 Profit, Misses Estimates
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Insights into UFP Industries's Upcoming Earnings
UFP Industries Announces Third Quarter Results
DA Davidson Decreases Earnings Estimates for UFP Industries
See More Headlines

UFPI Stock Analysis - Frequently Asked Questions

UFP Industries' stock was trading at $125.55 at the beginning of the year. Since then, UFPI shares have decreased by 2.6% and is now trading at $122.34.
View the best growth stocks for 2024 here
.

UFP Industries, Inc. (NASDAQ:UFPI) issued its quarterly earnings results on Monday, October, 28th. The construction company reported $1.64 earnings per share for the quarter, missing analysts' consensus estimates of $1.89 by $0.25. The company's revenue for the quarter was down 9.8% compared to the same quarter last year.

UFP Industries's stock split before market open on Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly created shares were issued to shareholders after the closing bell on Tuesday, November 14th 2017. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

UFP Industries' top institutional investors include Allspring Global Investments Holdings LLC (1.44%), Copeland Capital Management LLC (0.90%), Henrickson Nauta Wealth Advisors Inc. (0.40%) and Raymond James & Associates (0.36%). Insiders that own company stock include Matthew J Missad, Patrick M Webster, Michael R Cole, Allen T Peters, Patrick M Benton, William G Currie, David A Tutas, Kuras Mary Tuuk, Bruce A Merino and Benjamin J Mclean.
View institutional ownership trends
.

Shares of UFPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that UFP Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO), Adobe (ADBE) and Netflix (NFLX).

Company Calendar

Ex-Dividend for 9/16 Dividend
8/30/2024
Dividend Payable
9/16/2024
Last Earnings
10/28/2024
Today
10/31/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/18/2025

Industry, Sector and Symbol

Industry
Sawmills & planing mills, general
Sub-Industry
Building Products
Current Symbol
NASDAQ:UFPI
CUSIP
91354310
Employees
15,800
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$139.60
High Stock Price Target
$157.00
Low Stock Price Target
$106.00
Potential Upside/Downside
+14.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$514.31 million
Pretax Margin
9.06%

Debt

Sales & Book Value

Annual Sales
$6.89 billion
Cash Flow
$9.81 per share
Book Value
$49.12 per share

Miscellaneous

Free Float
59,347,000
Market Cap
$7.53 billion
Optionable
Optionable
Beta
1.39

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This page (NASDAQ:UFPI) was last updated on 10/31/2024 by MarketBeat.com Staff
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