UFP Industries - UFPI Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UFP Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" UFPI shares.
View UFPI analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year price targets for UFP Industries' stock. Their UFPI share price forecasts range from $88.00 to $110.00. On average, they expect the company's share price to reach $101.40 in the next year. This suggests a possible upside of 33.7% 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 $92.01 on January 1st, 2022. Since then, UFPI shares have decreased by 17.6% and is now trading at $75.82.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our UFPI earnings forecast.

UFP Industries will be holding an earnings conference call on Thursday, October 20th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

UFP Industries, Inc. (NASDAQ:UFPI) announced its earnings results on Thursday, July, 21st. The construction company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.25 by $0.98. The construction company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.36 billion. UFP Industries had a trailing twelve-month return on equity of 30.84% and a net margin of 6.86%.

UFP Industries announced a quarterly dividend on Thursday, July 21st. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.25 per share on Thursday, September 15th. This represents a $1.00 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for UFPI.

UFP Industries (NASDAQ:UFPI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.34%. 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 9.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFPI will have a dividend payout ratio of 10.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UFPI.

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 payable 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.

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."

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 $75.82.

UFP Industries (NASDAQ:UFPI) has a market capitalization of $4.67 billion and generates $8.64 billion in revenue each year. The construction company earns $535.64 million in net income (profit) each year or $10.37 on an earnings per share basis.

The company employs 15,000 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 (800) 598-9663 or via fax at 616-361-8302.