NASDAQ:UFPI UFP Industries - UFPI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding UFP Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $96.33 +2.78 (+2.97%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$92.40▼$97.2650-Day Range$77.50▼$96.3352-Week Range$64.13▼$97.26Volume377,761 shsAverage Volume197,379 shsMarket Capitalization$5.94 billionP/E Ratio8.68Dividend Yield1.12%Price Target$100.40 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability UFP Industries MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.2% Upside$100.40 Price TargetShort InterestHealthy2.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.59Upright™ Environmental ScoreNews Sentiment0.90Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-25.70%From $10.66 to $7.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.76 out of 5 starsConstruction Sector80th out of 107 stocksSawmills & Planing Mills, General Industry2nd out of 2 stocks 1.0 Analyst's Opinion Consensus RatingUFP Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $100.40, UFP Industries has a forecasted upside of 4.2% from its current price of $96.33.Amount of Analyst CoverageUFP Industries has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.32% of the float of UFP Industries has been sold short.Short Interest Ratio / Days to CoverUFP Industries has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in UFP Industries has recently decreased by 3.47%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldUFP Industries pays a meaningful dividend of 1.12%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUFP Industries has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of UFP Industries is 9.01%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, UFP Industries will have a dividend payout ratio of 12.63% next year. This indicates that UFP Industries will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreUFP Industries has received a 4.46% net impact score from Upright. Ufp Industries seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Construction of low-rise offices", "Crates", and "Construction of apartment buildings" products. See details.Environmental SustainabilityThe Environmental Impact score for UFP Industries is -2.59. Previous Next 2.7 News and Social Media Coverage News SentimentUFP Industries has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for UFP Industries this week, compared to 1 article on an average week.MarketBeat FollowsOnly 2 people have added UFP Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, UFP Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.74% of the stock of UFP Industries is held by insiders.Percentage Held by Institutions81.69% of the stock of UFP Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for UFP Industries are expected to decrease by -25.70% in the coming year, from $10.66 to $7.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of UFP Industries is 8.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.12.Price to Earnings Ratio vs. SectorThe P/E ratio of UFP Industries is 8.68, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 19.38.Price to Book Value per Share RatioUFP Industries has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About UFP Industries (NASDAQ:UFPI) StockUFP Industries, Inc. manufactures and distributes wood and wood alternative products. It operates through the following segments: Retail, Industrial and Construction. The Retail segment comprises national home center retailers, retail-oriented regional lumberyards and contractor-oriented lumberyards. The Industrial segment manufacturers pallets, specialty crates, wooden boxes, and other containers used for packaging, shipping and material handling purposes. The Construction segment engages in factory-built housing, site-built residential construction, concrete forming, and commercial construction, which represent the business units. The company was founded in 1955 and is headquartered in Grand Rapids, MI.Read More Receive UFPI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for UFP Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address UFPI Stock News HeadlinesJanuary 26, 2023 | msn.comHow to Find the Next Stock Market LeadersJanuary 25, 2023 | nasdaq.comBlackRock Inc. Ups Stake in Universal Forest Products, Inc. (UFPI)February 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 16, 2023 | finance.yahoo.comUFP Retail Solutions will showcase product innovations at IBS 2023December 21, 2022 | finance.yahoo.comDo UFP Industries' (NASDAQ:UFPI) Earnings Warrant Your Attention?December 6, 2022 | finance.yahoo.comUFP Packaging acquires Titan Corrugated and its affiliate, All Boxed Up, adding corrugated conversion to its industrial packaging offeringsNovember 25, 2022 | finance.yahoo.comUFP Industries, Inc. (NASDAQ:UFPI) Passed Our Checks, And It's About To Pay A US$0.25 DividendNovember 16, 2022 | finance.yahoo.comDeckorators® Launches 2023 Outdoor Living ReportFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 9, 2022 | finance.yahoo.comUFP Industries Third Quarter 2022 Earnings: Beats ExpectationsOctober 21, 2022 | seekingalpha.comUFP Industries posts earnings beat stemming from strong retail growthOctober 20, 2022 | msn.comArmstrong World (AWI) Hikes Dividend, Boosts Investors' ValueOctober 11, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Floor & Decor, UFP Industries, Boise Cascade and Masonite InternationalSeptember 28, 2022 | benzinga.comInsights on the Wood Plastic Composites Global Market to 2030 - by Application, Type and RegionSeptember 26, 2022 | finance.yahoo.comUFP Industries names Will Schwartz president of UFP Retail SolutionsSeptember 16, 2022 | seekingalpha.comUFP Industries: Current Robust Performance Is Not Needed To Justify UpsideSeptember 15, 2022 | finance.yahoo.comIs UFP Industries (UFPI) a Great Stock for Value Investors?September 13, 2022 | nasdaq.comUFP Industries (UFPI) Shares Enter Oversold TerritorySeptember 12, 2022 | finance.yahoo.comZacks.com featured highlights include PBF Energy, ArcBest, Ryder System, UFP Industries and EchoStarSeptember 5, 2022 | finance.yahoo.comWith 5.9% one-year returns, institutional owners may ignore UFP Industries, Inc.'s (NASDAQ:UFPI) 6.6% stock price declineAugust 22, 2022 | nasdaq.comUFP Industries (UFPI) Forges Ahead: Be Part of the RallyAugust 18, 2022 | nasdaq.comWill UFP Industries (UFPI) Gain on Rising Earnings Estimates?August 18, 2022 | nasdaq.comHere's How Much You'd Have If You Invested $1000 in UFP Industries a Decade AgoJuly 21, 2022 | finance.yahoo.comUFP Industries (UFPI) Beats Q2 Earnings and Revenue EstimatesJuly 14, 2022 | finance.yahoo.comUFP Industries (UFPI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?July 12, 2022 | finance.yahoo.comUFP Industries to Release Second Quarter Fiscal 2022 Earnings Results and Host Conference Call on July 21, 2022June 30, 2022 | apnews.comUFP Industries ranked tenth on Forbes annual list of America’s Best Mid-Sized CompaniesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive UFPI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for UFP Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address UFPI Company Calendar Last Earnings10/19/2021Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today2/01/2023Next Earnings (Estimated)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Sawmills & planing mills, general Sub-IndustryBuilding Products SectorConstruction Current SymbolNASDAQ:UFPI CUSIP91354310 CIK912767 Webwww.ufpi.com Phone(616) 364-6161Fax616-361-8302Employees15,000Year Founded1955Price Target and Rating Average Stock Price Forecast$100.40 High Stock Price Forecast$110.00 Low Stock Price Forecast$88.00 Forecasted Upside/Downside+4.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$11.10 Trailing P/E Ratio8.68 Forward P/E Ratio9.04 P/E GrowthN/ANet Income$535.64 million Net Margins7.17% Pretax Margin9.81% Return on Equity30.87% Return on Assets19.53% Debt Debt-to-Equity Ratio0.11 Current Ratio3.03 Quick Ratio1.78 Sales & Book Value Annual Sales$8.64 billion Price / Sales0.69 Cash Flow$10.85 per share Price / Cash Flow8.88 Book Value$32.58 per share Price / Book2.96Miscellaneous Outstanding Shares61,640,000Free Float59,333,000Market Cap$5.94 billion OptionableOptionable Beta1.45 Social Links Key ExecutivesMatthew Jon MissadChief Executive Officer & DirectorMichael R. ColeChief Financial Officer & TreasurerDavid A. TutasSecretary & Chief Compliance OfficerScoot T. BravataVP-Accounting & AdministrationAllen T. PetersExecutive Vice President-InnovationKey CompetitorsTrexNYSE:TREXEagle MaterialsNYSE:EXPFluorNYSE:FLRAcuity BrandsNYSE:AYIRayonierNYSE:RYNView All CompetitorsInsiders & InstitutionsDekaBank Deutsche GirozentraleBought 370 shares on 2/1/2023Ownership: 0.058%NorthCrest Asset Manangement LLCBought 200 shares on 2/1/2023Ownership: 0.031%CWM LLCBought 647 shares on 2/1/2023Ownership: 0.013%Bank of Montreal CanSold 382 shares on 2/1/2023Ownership: 0.011%Meritage Portfolio ManagementBought 117 shares on 2/1/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions UFPI Stock - Frequently Asked Questions Should I buy or sell UFP Industries stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UFP Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UFPI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UFPI, but not buy additional shares or sell existing shares. View UFPI analyst ratings or view top-rated stocks. What is UFP Industries' stock price forecast for 2023? 1 brokers have issued 12-month price targets for UFP Industries' shares. Their UFPI share price forecasts range from $88.00 to $110.00. On average, they anticipate the company's share price to reach $100.40 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View analysts price targets for UFPI or view top-rated stocks among Wall Street analysts. How have UFPI shares performed in 2023? UFP Industries' stock was trading at $79.25 at the start of the year. Since then, UFPI stock has increased by 21.6% and is now trading at $96.33. View the best growth stocks for 2023 here. When is UFP Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023. View our UFPI earnings forecast. How were UFP Industries' earnings last quarter? UFP Industries, Inc. (NASDAQ:UFPI) posted its quarterly earnings results on Tuesday, October, 19th. The construction company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.55 by $0.38. The construction company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $1.81 billion. UFP Industries had a net margin of 7.17% and a trailing twelve-month return on equity of 30.87%. The business's revenue for the quarter was up 40.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.25 earnings per share. How often does UFP Industries pay dividends? What is the dividend yield for UFP Industries? UFP Industries declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.25 per share on Thursday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Wednesday, November 30th. Read our dividend analysis for UFPI. Is UFP Industries a good dividend stock? UFP Industries (NASDAQ:UFPI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.12%. 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 9.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFPI will have a dividend payout ratio of 12.63% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UFPI. When did UFP Industries' stock split? UFP Industries's stock 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 payable 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. What is Matthew J. (Matt) Missad's approval rating as UFP Industries' CEO? 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. What other stocks do shareholders of UFP Industries own? 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). What is UFP Industries' stock symbol? UFP Industries trades on the NASDAQ under the ticker symbol "UFPI." Who are UFP Industries' major shareholders? UFP Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.29%), Copeland Capital Management LLC (0.94%), North Point Portfolio Managers Corp OH (0.29%), Ziegler Capital Management LLC (0.29%), New York State Teachers Retirement System (0.18%) and Assenagon Asset Management S.A. (0.17%). Insiders that own company stock include Allen T Peters, Benjamin J Mclean, Bruce A Merino, David A Tutas, Donald L James, Matthew J Missad, Michael G Wooldridge, Michael R Cole, Patrick M Benton, Patrick M Benton, Patrick M Webster, Scott T Bravata, Scott T Bravata and William G Currie. View institutional ownership trends. How do I buy shares of UFP Industries? 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. Compare Top Brokerages Here. What is UFP Industries' stock price today? One share of UFPI stock can currently be purchased for approximately $96.33. How much money does UFP Industries make? UFP Industries (NASDAQ:UFPI) has a market capitalization of $5.94 billion and generates $8.64 billion in revenue each year. The construction company earns $535.64 million in net income (profit) each year or $11.10 on an earnings per share basis. How many employees does UFP Industries have? The company employs 15,000 workers across the globe. How can I contact UFP Industries? 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. This page (NASDAQ:UFPI) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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