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NASDAQ:UFPI

UFP Industries (UFPI) Stock Price, News & Analysis

$120.14
+1.68 (+1.42%)
(As of 05/24/2024 ET)
Today's Range
$118.34
$120.44
50-Day Range
$110.65
$124.00
52-Week Range
$77.47
$128.65
Volume
175,646 shs
Average Volume
260,500 shs
Market Capitalization
$7.42 billion
P/E Ratio
14.94
Dividend Yield
1.10%
Price Target
$116.50

UFP Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.0% Downside
$116.50 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.59
Upright™ Environmental Score
News Sentiment
0.17mentions of UFP Industries in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$3.05 M Sold Last Quarter
Proj. Earnings Growth
8.90%
From $7.53 to $8.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Construction Sector

30th out of 92 stocks

Sawmills & Planing Mills, General Industry

1st out of 2 stocks

UFPI stock logo

About UFP Industries Stock (NASDAQ:UFPI)

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.

UFPI Stock Price History

UFPI Stock News Headlines

7 Cheap Russell 2000 Stocks to Buy Now: May 2024
Evaluating UFP Industries: Insights From 4 Financial Analysts
UFP Industries Announces First Quarter Results
UFPI Crosses Above Average Analyst Target
3 Industrial Stocks Poised for Profits in April
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
4/30/2024
Today
5/25/2024
Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

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
$116.50
High Stock Price Target
$133.00
Low Stock Price Target
$102.00
Potential Upside/Downside
-3.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$514.31 million
Pretax Margin
9.29%

Debt

Sales & Book Value

Annual Sales
$7.22 billion
Cash Flow
$10.62 per share
Book Value
$50.46 per share

Miscellaneous

Free Float
60,161,000
Market Cap
$7.42 billion
Optionable
Optionable
Beta
1.47

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UFPI Stock Analysis - Frequently Asked Questions

Should I buy or sell UFP Industries stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UFP Industries in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" UFPI shares.
View UFPI analyst ratings
or view top-rated stocks.

What is UFP Industries' stock price target for 2024?

4 analysts have issued 1-year target prices for UFP Industries' shares. Their UFPI share price targets range from $102.00 to $133.00. On average, they expect the company's share price to reach $116.50 in the next year. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for UFPI
or view top-rated stocks among Wall Street analysts.

How have UFPI shares performed in 2024?

UFP Industries' stock was trading at $125.55 on January 1st, 2024. Since then, UFPI shares have decreased by 4.3% and is now trading at $120.14.
View the best growth stocks for 2024 here
.

When is UFP Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our UFPI earnings forecast
.

How were UFP Industries' earnings last quarter?

UFP Industries, Inc. (NASDAQ:UFPI) announced its quarterly earnings data on Tuesday, April, 30th. The construction company reported $1.96 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.34. The construction company earned $1.64 billion during the quarter, compared to the consensus estimate of $1.71 billion. UFP Industries had a net margin of 7.24% and a trailing twelve-month return on equity of 17.07%. The company's quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.98 earnings per share.

How often does UFP Industries pay dividends? What is the dividend yield for UFP Industries?

UFP Industries declared a quarterly dividend on Wednesday, April 24th. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.33 per share on Monday, June 17th. This represents a $1.32 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, June 3rd.
Read our dividend analysis for UFPI
.

Is UFP Industries a good dividend stock?

UFP Industries (NASDAQ:UFPI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 1.11%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFPI will have a dividend payout ratio of 16.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UFPI.

When did UFP Industries' stock split?

Shares of UFP Industries split before market open on Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly minted 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.

What is Matthew J. (Matt) Missad's approval rating as UFP Industries' CEO?

66 employees have rated UFP Industries Chief Executive Officer Matthew J. (Matt) Missad on Glassdoor.com. Matthew J. (Matt) Missad has an approval rating of 85% among the company's employees.

What other stocks do shareholders of UFP Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other UFP Industries investors own include Advanced Micro Devices (AMD), Lowe's Companies (LOW), Taiwan Semiconductor Manufacturing (TSM), Micron Technology (MU), Weyerhaeuser (WY), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Target (TGT), Alibaba Group (BABA) and D.R. Horton (DHI).

Who are UFP Industries' major shareholders?

UFP Industries' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.17%), Allspring Global Investments Holdings LLC (1.41%), Price T Rowe Associates Inc. MD (1.20%), Wasatch Advisors LP (0.54%), Henrickson Nauta Wealth Advisors Inc. (0.41%) and Principal Financial Group Inc. (0.41%). Insiders that own company stock include Allen T Peters, Benjamin J Mclean, Bruce A Merino, David A Tutas, Kuras Mary Tuuk, Matthew J Missad, Michael R Cole, Patrick M Benton, Patrick M Benton, Patrick M Webster and William G Currie.
View institutional ownership trends
.

How do I buy shares of UFP Industries?

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.

This page (NASDAQ:UFPI) was last updated on 5/26/2024 by MarketBeat.com Staff

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