UFP Industries - UFPI Stock Forecast, Price & News

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.

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.
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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.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our UFPI earnings forecast.

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.

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.

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.

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.

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."

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.
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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 $96.33.

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.

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 (616) 364-6161 or via fax at 616-361-8302.