NASDAQ:UFPI

UFP Industries Stock Forecast, Price & News

$88.18
-0.45 (-0.51 %)
(As of 05/7/2021 12:00 AM ET)
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Today's Range
$86.73
$88.56
50-Day Range
$67.85
$88.63
52-Week Range
$35.59
$89.75
Volume662,455 shs
Average Volume370,627 shs
Market Capitalization$5.45 billion
P/E Ratio24.56
Dividend Yield0.68%
Beta1.42
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Sawmills & planing mills, general
Sub-IndustryBuilding Products
Current SymbolNASDAQ:UFPI
CUSIP91354310
Phone616-364-6161
Employees12,000
Year Founded1955

Sales & Book Value

Annual Sales$4.42 billion
Cash Flow$6.26 per share
Book Value$20.49 per share

Profitability

Net Income$179.65 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$5.45 billion
Next Earnings Date7/28/2021 (Estimated)
OptionableOptionable

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About UFP Industries

UFP Industries, 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 roWood, Deckorators, UFP-Edge, Outdoor Essentials, Dimensions, and ProWood FR trademarks. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.

MarketRank

Overall MarketRank

1.51 out of 5 stars

Construction Sector

64th out of 206 stocks

Sawmills & Planing Mills, General Industry

1st out of 1 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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UFP Industries (NASDAQ:UFPI) Frequently Asked Questions

Is UFP Industries a buy right now?

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.

What stocks does MarketBeat like better than UFP Industries?

Wall Street analysts have given UFP Industries a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but UFP Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is UFP Industries' next earnings date?

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

How were UFP Industries' earnings last quarter?

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
.

How has UFP Industries' stock been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

How often does UFP Industries pay dividends? What is the dividend yield for UFP Industries?

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
.

Is UFP Industries a good dividend stock?

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.

When did UFP Industries' stock split? How did UFP Industries' stock split work?

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.

What price target have analysts set for UFPI?

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.

Who are UFP Industries' key executives?

UFP Industries' management team includes the following people:
  • Mr. Matthew Jon Missad C.P.A., CPA, CEO & Director (Age 60, Pay $2.5M)
  • Mr. Patrick M. Webster, Pres & COO (Age 61, Pay $1.48M)
  • Mr. Michael Richard Cole, CFO & Treasurer (Age 54, Pay $1.33M)
  • Mr. Allen T. Peters, Pres & COO of UFP Retail Solutions LLC (Age 53, Pay $969.48k)
  • Mr. Patrick M. Benton, Pres of UFP Construction LLC (Age 51, Pay $910.92k)
  • Mr. Scott T. Bravata, VP of Accounting & Admin. (Age 56)
  • Mr. David A. Tutas, Chief Compliance Officer, Gen. Counsel & Sec. (Age 51)
  • Ms. Lynn Afendoulis, Director of Corp. Communications
  • Mr. Donald L. James, Exec. VP of National Sales (Age 61)
  • Mr. Robert D. Coleman, Exec. VP of Manufacturing (Age 66)

What is Matthew J. (Matt) Missad's approval rating as UFP Industries' CEO?

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.

Who are some of UFP Industries' key competitors?

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 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
.

Which institutional investors are selling UFP Industries stock?

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.

Which institutional investors are buying UFP Industries stock?

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.

How do I buy shares of UFP Industries?

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.
Compare Top Brokerages Here.

What is UFP Industries' stock price today?

One share of UFPI stock can currently be purchased for approximately $88.18.

How much money does UFP Industries make?

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.

How many employees does UFP Industries have?

UFP Industries employs 12,000 workers across the globe.

When was UFP Industries founded?

UFP Industries was founded in 1955.

What is UFP Industries' official website?

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

Where are UFP Industries' headquarters?

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

How can I contact UFP Industries?

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.


This page was last updated on 5/9/2021 by MarketBeat.com Staff
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