NASDAQ:UFPI - Universal Forest Products Stock Price, Forecast & News

Universal Forest Products' stock was trading at $42.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, UFPI stock has decreased by 16.9% and is now trading at $35.59. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Forest Products in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Universal Forest Products.

Universal Forest Products is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Universal Forest Products.

Universal Forest Products will be holding an earnings conference call on Wednesday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Universal Forest Products, Inc. (NASDAQ:UFPI) released its quarterly earnings data on Wednesday, February, 19th. The construction company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.02. The construction company had revenue of $998.04 million for the quarter, compared to the consensus estimate of $1.14 billion. Universal Forest Products had a return on equity of 14.94% and a net margin of 4.07%. The company's quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the business earned $0.50 EPS. View Universal Forest Products' earnings history.

Universal Forest Products declared a quarterly dividend on Wednesday, February 5th. Shareholders of record on Sunday, March 1st will be paid a dividend of $0.125 per share on Sunday, March 15th. This represents a $0.50 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Thursday, February 27th. This is a boost from Universal Forest Products's previous quarterly dividend of $0.10. View Universal Forest Products' dividend history.

Shares of Universal Forest Products split on the morning of Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly minted shares were distributed to shareholders after the market closes on Tuesday, November 14th 2017. An investor that had 100 shares of Universal Forest Products stock prior to the split would have 300 shares after the split.

5 equities research analysts have issued twelve-month price objectives for Universal Forest Products' shares. Their forecasts range from $44.00 to $57.00. On average, they anticipate Universal Forest Products' share price to reach $52.60 in the next twelve months. This suggests a possible upside of 47.8% from the stock's current price. View analysts' price targets for Universal Forest Products.

Media coverage about UFPI stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Universal Forest Products earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutUniversal Forest Products.

Universal Forest Products saw a increase in short interest in March. As of March 13th, there was short interest totaling 1,148,400 shares, an increase of 17.9% from the February 27th total of 973,700 shares. Based on an average daily volume of 365,100 shares, the short-interest ratio is currently 3.1 days. Currently, 1.9% of the shares of the stock are short sold. View Universal Forest Products' Current Options Chain.

Some companies that are related to Universal Forest Products include Masco (MAS), Lennox International (LII), Fortune Brands Home & Security (FBHS), A. O. Smith (AOS), Trex (TREX), Owens Corning (OC), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), AAON (AAON), Builders FirstSource (BLDR), Gibraltar Industries (ROCK), American Woodmark (AMWD), Patrick Industries (PATK), Griffon (GFF) and PGT Innovations (PGTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Forest Products investors own include Chipotle Mexican Grill (CMG), Lowe's Companies (LOW), Weyerhaeuser (WY), Endologix (ELGX), Alibaba Group (BABA), Home Depot (HD), UnitedHealth Group (UNH), Advanced Micro Devices (AMD), Apache (APA) and United Rentals (URI).

Universal Forest Products trades on the NASDAQ under the ticker symbol "UFPI."

Universal Forest Products' stock is owned by a number of institutional and retail investors. Top institutional shareholders include State Street Corp (2.86%), Franklin Resources Inc. (2.82%), Franklin Resources Inc. (2.81%), Victory Capital Management Inc. (2.41%), Victory Capital Management Inc. (2.39%) and Prudential Financial Inc. (2.25%). Company insiders that own Universal Forest Products stock include Allen T Peters, Chad C Uhlig-Eastin, David A Tutas, Donald L James, Jonathan E West, Matthew J Missad, Michael F Mordell, Michael G Wooldridge, Michael R Cole, Patrick M Benton, Patrick M Webster, Robert D Coleman and William G Currie. View institutional ownership trends for Universal Forest Products.

UFPI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., PNC Financial Services Group Inc., SG Capital Management LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Rothschild & Co. Asset Management US Inc., and Kennedy Capital Management Inc.. Company insiders that have sold Universal Forest Products company stock in the last year include Allen T Peters, David A Tutas, Donald L James, Matthew J Missad, Michael F Mordell, Michael R Cole, Patrick M Benton, Patrick M Webster, Robert D Coleman, and William G Currie. View insider buying and selling activity for Universal Forest Products.

UFPI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Loomis Sayles & Co. L P, Amundi Pioneer Asset Management Inc., Panagora Asset Management Inc., Stifel Financial Corp, Prudential Financial Inc., AXA, and AQR Capital Management LLC. View insider buying and selling activity for Universal Forest Products.

Shares of UFPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of UFPI stock can currently be purchased for approximately $35.59.

Universal Forest Products has a market capitalization of $2.20 billion and generates $4.42 billion in revenue each year. The construction company earns $179.65 million in net income (profit) each year or $2.91 on an earnings per share basis. Universal Forest Products employs 12,000 workers across the globe. View additional information about Universal Forest Products.

The official website for Universal Forest Products is http://www.ufpi.com/.

Universal Forest Products' mailing address is 2801 East Beltline NE, Grand Rapids MI, 49525. The construction company can be reached via phone at 616-364-6161.