NASDAQ:UFPI UFP Industries (UFPI) Stock Forecast, Price & News $87.94 +3.94 (+4.69%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$83.74▼$88.3050-Day Range$76.05▼$87.9452-Week Range$64.13▼$99.40Volume352,003 shsAverage Volume493,873 shsMarket Capitalization$5.42 billionP/E Ratio8.82Dividend Yield1.14%Price Target$104.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability UFP Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.7% Upside$104.40 Price TargetShort InterestHealthy2.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.59Upright™ Environmental ScoreNews Sentiment0.45Based on 5 Articles This WeekInsider TradingSelling Shares$3.54 M Sold Last QuarterProj. Earnings Growth6.39%From $8.29 to $8.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsConstruction Sector24th out of 101 stocksSawmills & Planing Mills, General Industry2nd out of 2 stocks 2.5 Analyst's Opinion Consensus RatingUFP Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $104.40, UFP Industries has a forecasted upside of 18.7% from its current price of $87.94.Amount of Analyst CoverageUFP Industries has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.14% of the float of UFP Industries has been sold short.Short Interest Ratio / Days to CoverUFP Industries has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in UFP Industries has recently increased by 1.57%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldUFP Industries pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUFP Industries has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of UFP Industries is 10.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, UFP Industries will have a dividend payout ratio of 11.34% next year. This indicates that UFP Industries will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreUFP Industries has received a 4.46% net impact score from Upright. Ufp Industries seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Construction of low-rise offices", "Crates", and "Construction of apartment buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for UFP Industries is -2.59. Previous Next 2.5 News and Social Media Coverage News SentimentUFP Industries has a news sentiment score of 0.45. 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 0.68 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for UFP Industries this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for UFPI on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows3 people have added UFP Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, UFP Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,538,852.00 in company stock.Percentage Held by InsidersOnly 3.55% of the stock of UFP Industries is held by insiders.Percentage Held by Institutions81.69% of the stock of UFP Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for UFP Industries are expected to grow by 6.39% in the coming year, from $8.29 to $8.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of UFP Industries is 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.45.Price to Earnings Ratio vs. SectorThe P/E ratio of UFP Industries is 8.82, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.73.Price to Book Value per Share RatioUFP Industries has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About UFP Industries (NASDAQ:UFPI) StockUFP Industries, Inc. engages in the supply of products primarily manufactured from wood, wood and non-wood composites, and other materials to retail, packaging, and construction markets. It operates through the following segments: Retail Solutions, Packaging, and Construction. The Retail Solutions segment sells treated lumber products, wood plastic composite, mineral based composite decking and related decking accessories, exterior sliding, pattern, trim, and facia products. The Packaging segment manufactures custom packaging products made of wood, pallets, corrugate, foam, labels, strapping, and films. The Construction segment engages in factory-built housing and site-built residential construction. The company was founded in 1955 and is headquartered in Grand Rapids, MI.Read More Receive UFPI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for UFP Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address UFPI Stock News HeadlinesJune 5, 2023 | finance.yahoo.comZacks.com featured highlights include American International Group, Unum Group, EnerSys, Koppers Holdings and UFP IndustriesJune 1, 2023 | finance.yahoo.comUFP Industries (UFPI) Down 5.1% Since Last Earnings Report: Can It Rebound?June 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | msn.comUFP Industries: Staying Steady Even When You 'Don't Know Nothing'May 29, 2023 | americanbankingnews.comUFP Industries, Inc. to Issue Quarterly Dividend of $0.25 (NASDAQ:UFPI)May 28, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for UFP Industries, Inc. (NASDAQ:UFPI) Lifted by Zacks ResearchMay 23, 2023 | americanbankingnews.comZacks Research Weighs in on UFP Industries, Inc.'s FY2023 Earnings (NASDAQ:UFPI)May 21, 2023 | msn.comUFP Industries Is A Good Long-Term AdditionJune 6, 2023 | MarketBeat Internal (Ad)Get MarketBeat All Access Free for 30 DaysMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Try it free for 30 days.May 20, 2023 | americanbankingnews.comMatthew J. Missad Sells 5,000 Shares of UFP Industries, Inc. (NASDAQ:UFPI) StockMay 19, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for UFP Industries, Inc. (NASDAQ:UFPI) Issued By Zacks ResearchMay 19, 2023 | americanbankingnews.comUFP Industries (NASDAQ:UFPI) Coverage Initiated at StockNews.comMay 19, 2023 | americanbankingnews.comBMO Capital Markets Boosts UFP Industries (NASDAQ:UFPI) Price Target to $100.00May 17, 2023 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover UFP Industries (UFPI)May 17, 2023 | msn.comCan UFP Industries (UFPI) Climb 26.47% to Reach the Level Wall Street Analysts Expect?May 17, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for UFP Industries, Inc.'s Q2 2023 Earnings (NASDAQ:UFPI)May 16, 2023 | msn.comAnalyst Ratings for UFP IndustriesMay 6, 2023 | finance.yahoo.comUFP Industries (NASDAQ:UFPI) Is Due To Pay A Dividend Of $0.25May 6, 2023 | americanbankingnews.comUFP Industries, Inc. (NASDAQ:UFPI) to Post Q2 2023 Earnings of $2.17 Per Share, DA Davidson ForecastsMay 6, 2023 | americanbankingnews.comDA Davidson Raises UFP Industries (NASDAQ:UFPI) Price Target to $112.00May 5, 2023 | americanbankingnews.comUFP Industries (NASDAQ:UFPI) Price Target Cut to $100.00May 3, 2023 | uk.finance.yahoo.comQ1 2023 Ufp Industries Inc Earnings CallMay 3, 2023 | finance.yahoo.comUFP Industries (UFPI) Q1 Earnings Beat, Revenues Miss, Stock DownMay 3, 2023 | finance.yahoo.comUFP Industries (UFPI) Surpasses Q1 Earnings EstimatesMay 2, 2023 | markets.businessinsider.comUFP Industries, Inc. Q1 Income Declines, but beats estimatesMay 2, 2023 | finance.yahoo.comUFP Industries Announces First Quarter ResultsMay 2, 2023 | finance.yahoo.comIs There Now An Opportunity In UFP Industries, Inc. (NASDAQ:UFPI)?See More Headlines UFPI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UFPI Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings5/02/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/06/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Sawmills & planing mills, general Sub-IndustryBuilding Products SectorConstruction Current SymbolNASDAQ:UFPI CUSIP91354310 CIK912767 Webwww.ufpi.com Phone(616) 364-6161Fax616-361-8302Employees15,500Year Founded1955Price Target and Rating Average Stock Price Forecast$104.40 High Stock Price Forecast$112.00 Low Stock Price Forecast$100.00 Forecasted Upside/Downside+18.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$9.97 Trailing P/E Ratio8.82 Forward P/E Ratio10.61 P/E GrowthN/ANet Income$692.65 million Net Margins7.02% Pretax Margin9.43% Return on Equity24.92% Return on Assets17.09% Debt Debt-to-Equity Ratio0.10 Current Ratio4.27 Quick Ratio2.46 Sales & Book Value Annual Sales$9.63 billion Price / Sales0.56 Cash Flow$13.69 per share Price / Cash Flow6.42 Book Value$42.13 per share Price / Book2.09Miscellaneous Outstanding Shares61,640,000Free Float59,450,000Market Cap$5.42 billion OptionableOptionable Beta1.47 Social Links Key ExecutivesMatthew Jon MissadChairman & Chief Executive OfficerMichael R. ColeChief Financial Officer & TreasurerDavid A. TutasSecretary & Chief Compliance OfficerScoot T. BravataVP-Accounting & AdministrationAllen T. PetersExecutive Vice President-InnovationKey CompetitorsAcuity BrandsNYSE:AYISimpson ManufacturingNYSE:SSDChampionXNASDAQ:CHXAAONNASDAQ:AAONTaylor Morrison HomeNYSE:TMHCView All CompetitorsInsiders & InstitutionsLevel Four Advisory Services LLCBought 2,600 shares on 6/5/2023Ownership: 0.004%Ontario Teachers Pension Plan BoardBought 5,603 shares on 6/1/2023Ownership: 0.009%ProShare Advisors LLCBought 995 shares on 5/26/2023Ownership: 0.017%Brandywine Global Investment Management LLCSold 40,700 shares on 5/25/2023Ownership: 0.171%Legato Capital Management LLCBought 1,805 shares on 5/25/2023Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions UFPI Stock - Frequently Asked Questions Should I buy or sell UFP Industries stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UFP Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UFPI shares. View UFPI analyst ratings or view top-rated stocks. What is UFP Industries' stock price forecast for 2023? 1 Wall Street research analysts have issued 1-year price objectives for UFP Industries' stock. Their UFPI share price forecasts range from $100.00 to $112.00. On average, they expect the company's stock price to reach $104.40 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts price targets for UFPI or view top-rated stocks among Wall Street analysts. How have UFPI shares performed in 2023? UFP Industries' stock was trading at $79.25 at the beginning of the year. Since then, UFPI shares have increased by 10.9% and is now trading at $87.92. View the best growth stocks for 2023 here. When is UFP Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023. View our UFPI earnings forecast. How were UFP Industries' earnings last quarter? UFP Industries, Inc. (NASDAQ:UFPI) released its quarterly earnings data on Tuesday, May, 2nd. The construction company reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.33. The construction company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.86 billion. UFP Industries had a net margin of 7.02% and a trailing twelve-month return on equity of 24.92%. The firm's revenue was down 26.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.00 EPS. How often does UFP Industries pay dividends? What is the dividend yield for UFP Industries? UFP Industries declared a quarterly dividend on Wednesday, April 26th. Investors of record on Thursday, June 1st will be paid a dividend of $0.25 per share on Thursday, June 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Wednesday, May 31st. Read our dividend analysis for UFPI. What ETFs hold UFP Industries' stock? ETFs with the largest weight of UFP Industries (NASDAQ:UFPI) stock in their portfolio include First Trust Dorsey Wright Momentum & Value ETF (DVLU), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Opus Small Cap Value Plus ETF (OSCV), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), iShares U.S. Home Construction ETF (ITB), Distillate Small/Mid Cash Flow ETF (DSMC) and First Trust Active Factor Mid Cap ETF (AFMC). Is UFP Industries a good dividend stock? UFP Industries (NASDAQ:UFPI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.19%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFPI will have a dividend payout ratio of 11.34% 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? UFP Industries's stock split on the morning of 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 market closes 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). What is UFP Industries' stock symbol? UFP Industries trades on the NASDAQ under the ticker symbol "UFPI." Who are UFP Industries' major shareholders? UFP Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.95%), Dimensional Fund Advisors LP (4.37%), State Street Corp (3.31%), Franklin Resources Inc. (3.20%), Victory Capital Management Inc. (2.94%) and Geode Capital Management LLC (2.03%). Insiders that own company stock include Allen T Peters, Benjamin J Mclean, Bruce A Merino, David A Tutas, Matthew J Missad, Michael R Cole, Patrick M Benton, Patrick M Benton, Patrick M Webster, Scott T Bravata, Scott T Bravata 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is UFP Industries' stock price today? One share of UFPI stock can currently be purchased for approximately $87.92. How much money does UFP Industries make? UFP Industries (NASDAQ:UFPI) has a market capitalization of $5.42 billion and generates $9.63 billion in revenue each year. The construction company earns $692.65 million in net income (profit) each year or $9.97 on an earnings per share basis. How many employees does UFP Industries have? The company employs 15,500 workers across the globe. How can I contact UFP Industries? UFP Industries' mailing address is 2801 East Beltline NE, Grand Rapids MI, 49525. The official website for the company is www.ufpi.com. The construction company can be reached via phone at (616) 364-6161 or via fax at 616-361-8302. This page (NASDAQ:UFPI) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding UFP Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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