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

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$34.16 +0.34 (+1.01 %)
(As of 05/27/2019 03:01 AM ET)
Previous Close$34.16
Today's Range$33.70 - $34.24
52-Week Range$24.14 - $39.41
Volume94,805 shs
Average Volume252,668 shs
Market Capitalization$2.10 billion
P/E Ratio14.66
Dividend Yield1.06%
Beta1.84
Universal Forest Products, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. The company offers preserved and unpreserved dimensional lumber; outdoor living products, including wood and wood composite decking and related accessories, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It also provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications; designs, manufactures, and installs interior fixtures that are used in retail and commercial structures; and provides lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings. In addition, the company supplies siding, electrical, and plumbing products to manufactured housing and recreational vehicle customers; and wood forms and related products to set or form concrete for various structures, such as parking garages, stadiums, and bridges. Further, it provides framing services; and specialty wood packaging, components, and packing materials for various industries. The company primarily sells its products under the ProWood, Deckorators, and UFP-Edge names. It serves retail market comprising home center retailers, retail-oriented regional lumberyards, and contractor-oriented lumberyards; industrial market, including manufacturers and agricultural customers; and construction market, such as manufactured housing, residential construction, and commercial construction markets. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.

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Industry, Sector and Symbol

Industry Sawmills & planing mills, general
Sub-IndustryBuilding Products
SectorConstruction
Current SymbolNASDAQ:UFPI
CUSIP91354310
Phone616-364-6161

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.49 billion
Cash Flow$3.2105 per share
Book Value$18.56 per share

Profitability

Net Income$148.60 million

Miscellaneous

Employees12,000
Market Cap$2.10 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

Universal Forest Products (NASDAQ:UFPI) Frequently Asked Questions

What is Universal Forest Products' stock symbol?

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

How often does Universal Forest Products pay dividends? What is the dividend yield for Universal Forest Products?

Universal Forest Products announced a semiannual dividend on Thursday, April 25th. Shareholders of record on Saturday, June 1st will be paid a dividend of $0.20 per share on Saturday, June 15th. This represents a dividend yield of 1.02%. The ex-dividend date is Thursday, May 30th. This is an increase from Universal Forest Products's previous semiannual dividend of $0.18. View Universal Forest Products' Dividend History.

When did Universal Forest Products' stock split? How did Universal Forest Products' stock split work?

Universal Forest Products's stock split before market open on Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly created shares were distributed to shareholders after the closing bell 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.

How were Universal Forest Products' earnings last quarter?

Universal Forest Products, Inc. (NASDAQ:UFPI) released its quarterly earnings data on Wednesday, April, 24th. The construction company reported $0.58 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.08. The construction company earned $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Universal Forest Products had a net margin of 3.35% and a return on equity of 13.90%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.53 EPS. View Universal Forest Products' Earnings History.

When is Universal Forest Products' next earnings date?

Universal Forest Products is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Universal Forest Products.

What price target have analysts set for UFPI?

1 Wall Street analysts have issued 12 month price targets for Universal Forest Products' shares. Their predictions range from $47.00 to $47.00. On average, they anticipate Universal Forest Products' share price to reach $47.00 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for Universal Forest Products.

What is the consensus analysts' recommendation for Universal Forest Products?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Forest Products in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Universal Forest Products.

Has Universal Forest Products been receiving favorable news coverage?

Headlines about UFPI stock have trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Universal Forest Products earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Universal Forest Products' key competitors?

What other stocks do shareholders of Universal Forest Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Forest Products investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Weyerhaeuser (WY), Lowe's Companies (LOW), Caterpillar (CAT), Home Depot (HD), Accenture (ACN), Aegean Marine Petroleum Network (ANW) and Fiat Chrysler Automobiles (FCAU).

Who are Universal Forest Products' key executives?

Universal Forest Products' management team includes the folowing people:
  • Mr. Matthew Jon Missad CPA, CPA, CEO & Director (Age 58)
  • Mr. Patrick M. Webster, Pres & COO (Age 59)
  • Mr. Michael Richard Cole, CFO & Treasurer (Age 52)
  • Mr. Allen T. Peters, Pres of UFP Western Division (Age 51)
  • Mr. Patrick M. Benton, Pres of UFP Northern Division (Age 49)

Who are Universal Forest Products' major shareholders?

Universal Forest Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.09%), Dimensional Fund Advisors LP (7.75%), Victory Capital Management Inc. (3.72%), Northern Trust Corp (1.76%), Westwood Holdings Group Inc. (1.74%) and PNC Financial Services Group Inc. (1.37%). Company insiders that own Universal Forest Products stock include Allen T Peters, Chad C Uhlig-Eastin, Charles Scott Greene, Donald L James, Jonathan E West, Mary E Tuuk, Matthew J Missad, Michael G Wooldridge, Michael R Cole, Patrick M Benton, Patrick M Webster and Robert D Coleman. View Institutional Ownership Trends for Universal Forest Products.

Which major investors are selling Universal Forest Products stock?

UFPI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BlackRock Inc., Morgan Stanley, FMR LLC, JPMorgan Chase & Co., Voya Investment Management LLC, Kennedy Capital Management Inc. and Renaissance Technologies LLC. Company insiders that have sold Universal Forest Products company stock in the last year include Allen T Peters, Chad C Uhlig-Eastin, Donald L James, Michael R Cole, Patrick M Benton, Patrick M Webster and Robert D Coleman. View Insider Buying and Selling for Universal Forest Products.

Which major investors are buying Universal Forest Products stock?

UFPI stock was bought by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Hillcrest Asset Management LLC, SG Capital Management LLC, Charles Schwab Investment Management Inc., Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, First Trust Advisors LP and WCM Investment Management LLC. Company insiders that have bought Universal Forest Products stock in the last two years include Mary E Tuuk and Michael G Wooldridge. View Insider Buying and Selling for Universal Forest Products.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Universal Forest Products' stock price today?

One share of UFPI stock can currently be purchased for approximately $34.16.

How big of a company is Universal Forest Products?

Universal Forest Products has a market capitalization of $2.10 billion and generates $4.49 billion in revenue each year. The construction company earns $148.60 million in net income (profit) each year or $2.33 on an earnings per share basis. Universal Forest Products employs 12,000 workers across the globe.

What is Universal Forest Products' official website?

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

How can I contact Universal Forest Products?

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.


MarketBeat Community Rating for Universal Forest Products (NASDAQ UFPI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  493
MarketBeat's community ratings are surveys of what our community members think about Universal Forest Products and other stocks. Vote "Outperform" if you believe UFPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UFPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

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