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S&P 500   4,274.51
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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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66,000% upside on tiny biotech? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
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U.S. Loses to China in Shocking WAR GAMES (Ad)
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Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
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This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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66,000% upside on tiny biotech? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
U.S. Loses to China in Shocking WAR GAMES (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
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This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
NASDAQ:UFPI

UFP Industries (UFPI) Stock Forecast, Price & News

$101.66
+1.05 (+1.04%)
(As of 09/27/2023 ET)
Compare
Today's Range
$100.80
$102.19
50-Day Range
$98.65
$107.31
52-Week Range
$66.17
$107.57
Volume
277,279 shs
Average Volume
408,789 shs
Market Capitalization
$6.31 billion
P/E Ratio
11.17
Dividend Yield
1.18%
Price Target
$108.00

UFP Industries MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.2% Upside
$108.00 Price Target
Short Interest
Healthy
1.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.59
Upright™ Environmental Score
News Sentiment
1.13mentions of UFP Industries in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$906,300 Sold Last Quarter
Proj. Earnings Growth
2.18%
From $8.26 to $8.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Construction Sector

59th out of 99 stocks

Sawmills & Planing Mills, General Industry

2nd out of 2 stocks


UFPI stock logo

About UFP Industries (NASDAQ:UFPI) Stock

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-wood 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 and shaped lumbers, plywood, oriented strand boards, and dimensional lumbers; 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 Price History

UFPI Stock News Headlines

These 3 Wood Stocks are about to go on Discount (UFPI)
The wood industry is in a severe contraction, mainly driven by slowdowns in residential real estate, making these three companies great dip-buying opportunities
The Bio-Tech Stock That Needs Your Attention!
There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!
The Bio-Tech Stock That Needs Your Attention!
There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!
The 4 Best Dividend Contenders in August 2023
UFP Q2 Profit Decreases
UFP Industries: Not Trusting This Rally
UFP Industries (UFPI) Receives a Buy from D.A. Davidson
See More Headlines
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UFPI Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/28/2023
Next Earnings (Estimated)
10/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Sawmills & planing mills, general
Sub-Industry
Building Products
Current Symbol
NASDAQ:UFPI
CUSIP
91354310
Employees
15,500
Year Founded
1955

Price Target and Rating

Average Stock Price Forecast
$108.00
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+6.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$692.65 million
Pretax Margin
9.45%

Debt

Sales & Book Value

Annual Sales
$8.10 billion
Cash Flow
$13.03 per share
Book Value
$42.13 per share

Miscellaneous

Free Float
59,895,000
Market Cap
$6.31 billion
Optionable
Optionable
Beta
1.52

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Key Executives

  • Mr. Matthew Jon Missad CPAMr. Matthew Jon Missad CPA (Age 62)
    CPA, CEO & Chairman
    Comp: $2.6M
  • Mr. Michael Richard Cole CMA (Age 56)
    CPA, CFO & Treasurer
    Comp: $1.4M
  • Mr. Patrick M. BentonMr. Patrick M. Benton (Age 53)
    Pres of UFP Construction LLC
    Comp: $1.12M
  • Mr. Scott A. Worthington (Age 52)
    Pres of UFP Industrial LLC
    Comp: $1.1M
  • Mr. Scott T. Bravata (Age 58)
    VP of Accounting & Admin.
  • Dick Gauthier
    VP of Communications & Investor Relations
  • Mr. David A. TutasMr. David A. Tutas (Age 53)
    Chief Compliance Officer, Gen. Counsel & Sec.
  • Mr. Donald L. James (Age 63)
    Exec. VP of National Sales
  • Mr. Allen T. PetersMr. Allen T. Peters (Age 55)
    COO of UFP Retail Solutions LLC & Exec. VP of Innovation
  • Mr. Chad C. Uhlig-Eastin (Age 51)
    Exec. VP of ProWood













UFPI Stock - Frequently Asked Questions

Should I buy or sell UFP Industries stock right now?

1 Wall Street 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 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 analysts have issued twelve-month price targets for UFP Industries' shares. Their UFPI share price forecasts range from $100.00 to $120.00. On average, they predict the company's stock price to reach $108.00 in the next year. This suggests a possible upside of 6.2% 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 start of the year. Since then, UFPI shares have increased by 28.3% and is now trading at $101.66.
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, October 19th 2023.
View our UFPI earnings forecast
.

How were UFP Industries' earnings last quarter?

UFP Industries, Inc. (NASDAQ:UFPI) announced its quarterly earnings data on Wednesday, August, 2nd. The construction company reported $2.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.40 by $0.04. The construction company had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $2.29 billion. UFP Industries had a net margin of 7.12% and a trailing twelve-month return on equity of 21.75%. The business's quarterly revenue was down 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.23 EPS.

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

UFP Industries declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, September 1st will be paid a dividend of $0.30 per share on Friday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Thursday, August 31st. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for UFPI
.

Is UFP Industries a good dividend stock?

UFP Industries (NASDAQ:UFPI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.19%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFPI will have a dividend payout ratio of 14.22% 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 issued 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 shareholders include BlackRock Inc. (13.36%), Dimensional Fund Advisors LP (4.35%), State Street Corp (3.40%), Victory Capital Management Inc. (3.13%), Franklin Resources Inc. (2.91%) and Geode Capital Management LLC (2.16%). 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, 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 $101.66.

How much money does UFP Industries make?

UFP Industries (NASDAQ:UFPI) has a market capitalization of $6.31 billion and generates $8.10 billion in revenue each year. The construction company earns $692.65 million in net income (profit) each year or $9.10 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 9/28/2023 by MarketBeat.com Staff

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