UFP Industries (UFPI) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our UFPI earnings forecast.

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.

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.

ETFs with the largest weight of UFP Industries (NASDAQ:UFPI) stock in their portfolio include 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 Indxx Global Natural Resources Income ETF (FTRI), Invesco S&P MidCap Value with Momentum ETF (XMVM), JPMorgan Active Small Cap Value ETF (JPSV), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and Victoryshares Dividend Accelerator ETF (VSDA).

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.

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.

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.

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).

UFP Industries trades on the NASDAQ under the ticker symbol "UFPI."

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.
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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.
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One share of UFPI stock can currently be purchased for approximately $101.66.

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.

The company employs 15,500 workers across the globe.

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.