What is Wedbush's Forecast for UFP Industries Q2 Earnings?

Key Points

• Wedbush has revised its Q2 2026 earnings estimate for UFP Industries down to $1.85 per share from $1.93, and anticipates lower earnings for Q3 and Q4 2026 as well.
• Loop Capital has initiated coverage of UFP Industries with a "hold" rating and a price target of $112.00, with an overall consensus rating of "Moderate Buy" among analysts.
• UFP Industries recently reported a quarterly EPS of $1.70, missing the consensus estimate of $1.95 and showing a revenue decline of 3.5% compared to the same quarter last year.

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - Wedbush cut their Q2 2026 earnings per share (EPS) estimates for UFP Industries in a report issued on Tuesday, July 29th. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings of $1.85 per share for the quarter, down from their prior estimate of $1.93. The consensus estimate for UFP Industries' current full-year earnings is $7.08 per share. Wedbush also issued estimates for UFP Industries' Q3 2026 earnings at $1.58 EPS and Q4 2026 earnings at $1.35 EPS.

UFP Industries (NASDAQ:UFPI - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The construction company reported $1.70 EPS for the quarter, missing analysts' consensus estimates of $1.95 by ($0.25). UFP Industries had a return on equity of 10.95% and a net margin of 5.31%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the previous year, the firm posted $2.05 earnings per share. The company's revenue for the quarter was down 3.5% on a year-over-year basis.

Separately, Loop Capital started coverage on UFP Industries in a research note on Wednesday, July 23rd. They set a "hold" rating and a $112.00 price target on the stock.

UFP Industries Stock Performance

UFPI traded up $0.53 on Thursday, hitting $98.26. 113,303 shares of the stock traded hands, compared to its average volume of 443,664. UFP Industries has a 52 week low of $93.00 and a 52 week high of $141.33. The company has a current ratio of 4.54, a quick ratio of 3.16 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $5.93 billion, a PE ratio of 17.04 and a beta of 1.43. The business has a fifty day moving average price of $100.49 and a two-hundred day moving average price of $105.24.

Institutional Investors Weigh In On UFP Industries

Institutional investors have recently added to or reduced their stakes in the stock. Putney Financial Group LLC acquired a new position in shares of UFP Industries in the 4th quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of UFP Industries in the 1st quarter worth approximately $36,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of UFP Industries by 39.9% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company's stock worth $45,000 after acquiring an additional 119 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of UFP Industries in the 2nd quarter worth approximately $59,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of UFP Industries in the 4th quarter worth approximately $61,000. 81.81% of the stock is owned by institutional investors and hedge funds.

UFP Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 1st will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. UFP Industries's payout ratio is presently 24.31%.

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.