What is Wedbush's Forecast for UFP Industries Q1 Earnings?

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - Investment analysts at Wedbush reduced their Q1 2026 earnings per share (EPS) estimates for shares of UFP Industries in a report released on Tuesday, April 29th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $1.75 per share for the quarter, down from their previous forecast of $1.84. The consensus estimate for UFP Industries' current full-year earnings is $7.08 per share.

UFP Industries (NASDAQ:UFPI - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The construction company reported $1.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.57 by ($0.27). The firm had revenue of $1.60 billion during 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 last year, the business earned $1.96 earnings per share.

UFPI has been the topic of a number of other research reports. StockNews.com lowered UFP Industries from a "buy" rating to a "hold" rating in a report on Wednesday, February 19th. Benchmark reaffirmed a "buy" rating and set a $135.00 price objective on shares of UFP Industries in a report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, UFP Industries presently has an average rating of "Moderate Buy" and a consensus price target of $143.00.

UFP Industries Stock Performance

Shares of NASDAQ:UFPI traded up $2.02 during midday trading on Thursday, hitting $101.95. The stock had a trading volume of 440,154 shares, compared to its average volume of 330,984. The company has a market capitalization of $6.20 billion, a PE ratio of 15.06 and a beta of 1.54. UFP Industries has a 1 year low of $96.99 and a 1 year high of $141.33. The stock has a 50 day moving average price of $106.06 and a two-hundred day moving average price of $116.45. The company has a current ratio of 4.88, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07.

UFP Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $1.40 annualized dividend and a yield of 1.37%. UFP Industries's dividend payout ratio is presently 22.91%.

Institutional Trading of UFP Industries

Large investors have recently bought and sold shares of the company. Putney Financial Group LLC purchased a new stake in shares of UFP Industries in the 4th quarter worth about $30,000. Smartleaf Asset Management LLC raised its position in UFP Industries by 1,683.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 535 shares of the construction company's stock worth $60,000 after acquiring an additional 505 shares during the last quarter. Jones Financial Companies Lllp raised its position in UFP Industries by 357.8% during the fourth quarter. Jones Financial Companies Lllp now owns 531 shares of the construction company's stock worth $60,000 after acquiring an additional 415 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new stake in shares of UFP Industries in the fourth quarter valued at about $61,000. Finally, UMB Bank n.a. grew its position in shares of UFP Industries by 182.1% in the first quarter. UMB Bank n.a. now owns 567 shares of the construction company's stock valued at $61,000 after purchasing an additional 366 shares during the last quarter. Institutional investors and hedge funds own 81.81% of the company's stock.

About UFP Industries

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.