UFP Industries Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for UFP Industries in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UFP Industries stock.
View analyst ratings for UFP Industries or view top-rated stocks.

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UFP Industries is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for UFP Industries.

UFP Industries, Inc. (NASDAQ:UFPI) announced its quarterly earnings results on Tuesday, April, 20th. The construction company reported $1.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.88 by $0.79. The construction company had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.46 billion. UFP Industries had a net margin of 4.66% and a trailing twelve-month return on equity of 16.77%. The firm's revenue for the quarter was up 76.8% on a year-over-year basis. During the same quarter last year, the company posted $0.65 EPS.
View UFP Industries' earnings history.

UFP Industries' stock was trading at $42.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, UFPI shares have increased by 105.8% and is now trading at $88.18.
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UFP Industries declared a quarterly dividend on Wednesday, April 21st. Stockholders of record on Tuesday, June 1st will be given a dividend of $0.15 per share on Tuesday, June 15th. This represents a $0.60 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, May 28th.
View UFP Industries' dividend history.

UFP Industries pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.68%. UFP Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of UFP Industries is 20.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFP Industries will have a dividend payout ratio of 18.13% next year. This indicates that UFP Industries will be able to sustain or increase its dividend.
View UFP Industries' dividend history.

Shares of UFP Industries 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 payable to shareholders after the closing bell on Tuesday, November 14th 2017. An investor that had 100 shares of UFP Industries stock prior to the split would have 300 shares after the split.

5 brokers have issued 1-year price targets for UFP Industries' shares. Their forecasts range from $66.00 to $97.00. On average, they expect UFP Industries' share price to reach $80.60 in the next twelve months. This suggests that the stock has a possible downside of 8.6%.
View analysts' price targets for UFP Industries or view top-rated stocks among Wall Street analysts.

66 employees have rated UFP Industries CEO Matthew J. (Matt) Missad on Glassdoor.com. Matthew J. (Matt) Missad has an approval rating of 85% among UFP Industries' employees.

Some companies that are related to UFP Industries include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), Trex (TREX), A. O. Smith (AOS), Owens Corning (OC), Builders FirstSource (BLDR), Simpson Manufacturing (SSD), Armstrong World Industries (AWI), AAON (AAON), Gibraltar Industries (ROCK), Patrick Industries (PATK), American Woodmark (AMWD), PGT Innovations (PGTI) and Griffon (GFF).
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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 institutional and retail investors. Top institutional investors include BlackRock Inc. (16.00%), Victory Capital Management Inc. (2.52%), Rhumbline Advisers (0.35%), Ziegler Capital Management LLC (0.33%), Alliancebernstein L.P. (0.24%) and Fisher Asset Management LLC (0.23%). Company insiders that own UFP Industries stock include Allen T Peters, Bruce A Merino, David A Tutas, Donald L James, Matthew J Missad, Michael F Mordell, Michael G Wooldridge, Michael R Cole, Patrick M Benton, Patrick M Webster, Robert D Coleman, Scott T Bravata and William G Currie.
View institutional ownership trends for UFP Industries.

UFPI stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management LLC, Strs Ohio, New York State Teachers Retirement System, Virginia Retirement Systems ET AL, State of Alaska Department of Revenue, Texas Permanent School Fund, Ziegler Capital Management LLC, and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold UFP Industries company stock in the last year include Allen T Peters, Bruce A Merino, Matthew J Missad, Michael R Cole, Patrick M Benton, Patrick M Webster, Scott T Bravata, and William G Currie.
View insider buying and selling activity for UFP Industries or view top insider-selling stocks.

UFPI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Copeland Capital Management LLC, Victory Capital Management Inc., Assenagon Asset Management S.A., Gunderson Capital Management Inc., Dupont Capital Management Corp, Envestnet Asset Management Inc., and Rhumbline Advisers.
View insider buying and selling activity for UFP Industries or or view top insider-buying stocks.

Shares of UFPI 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 $88.18.

UFP Industries has a market capitalization of $5.45 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.

UFP Industries employs 12,000 workers across the globe.

UFP Industries was founded in 1955.

The official website for UFP Industries is www.ufpi.com.

UFP Industries is headquartered at 2801 East Beltline NE, Grand Rapids MI, 49525.

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