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.
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Industry, Sector and Symbol
Industry Sawmills & planing mills, general
Sub-IndustryBuilding Products
SectorConstruction
Phone616-364-6161
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.42 billion
Profitability
Miscellaneous
Employees12,000
Next Earnings Date4/22/2020 (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 declared a quarterly dividend on Wednesday, February 5th. Shareholders of record on Sunday, March 1st will be given a dividend of $0.125 per share on Sunday, March 15th. This represents a $0.50 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Universal Forest Products's previous quarterly dividend of $0.10. 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 on Wednesday, November 15th 2017. The 3-1 split was announced on Wednesday, October 18th 2017. The newly created shares were payable 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) announced its quarterly earnings results on Wednesday, February, 19th. The construction company reported $0.61 EPS for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.02. The construction company earned $998.04 million during the quarter, compared to the consensus estimate of $1.14 billion. Universal Forest Products had a net margin of 4.07% and a return on equity of 15.18%. The company's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.50 EPS. View Universal Forest Products' Earnings History.
When is Universal Forest Products' next earnings date?
What price target have analysts set for UFPI?
3 Wall Street analysts have issued 12 month target prices for Universal Forest Products' stock. Their forecasts range from $44.00 to $55.00. On average, they anticipate Universal Forest Products' stock price to reach $50.33 in the next year. This suggests that the stock has a possible downside of 12.3%. View Analyst Price Targets for Universal Forest Products.
What is the consensus analysts' recommendation for Universal Forest Products?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Forest Products in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Universal Forest Products.
Has Universal Forest Products been receiving favorable news coverage?
Press coverage about UFPI stock has been trending extremely negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. 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 news impact score of -4.2 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Universal Forest Products.
Are investors shorting Universal Forest Products?
Universal Forest Products saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 987,100 shares, a drop of 12.6% from the January 15th total of 1,130,000 shares. Based on an average daily volume of 409,900 shares, the short-interest ratio is presently 2.4 days. Approximately 1.7% of the company's shares are sold short. View Universal Forest Products' Current Options Chain.
Who are some of Universal Forest Products' key competitors?
Some companies that are related to Universal Forest Products include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), Owens Corning (OC), A. O. Smith (AOS), Trex (TREX), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Builders FirstSource (BLDR), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK), PGT Innovations (PGTI) and Griffon (GFF).
What other stocks do shareholders of Universal Forest Products own?
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 many different of institutional and retail investors. Top institutional investors include State Street Corp (2.86%), Franklin Resources Inc. (2.82%), Victory Capital Management Inc. (2.41%), Victory Capital Management Inc. (2.39%), Prudential Financial Inc. (2.25%) and Geode Capital Management LLC (1.53%). Company insiders that own Universal Forest Products stock include Allen T Peters, Chad C Uhlig-Eastin, Charles Scott Greene, David A Tutas, Donald L James, Jonathan E West, Mary E Tuuk, Matthew J Missad, Michael F Mordell, Michael G Wooldridge, Michael R Cole, Patrick M Benton, Patrick M Webster, Robert D Coleman and William G Currie. 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 Victory Capital Management Inc., Victory Capital Management Inc., PNC Financial Services Group Inc., SG Capital Management LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Rothschild & Co. Asset Management US Inc. and Foundry Partners LLC. Company insiders that have sold Universal Forest Products company stock in the last year include Allen T Peters, David A Tutas, Donald L James, Matthew J Missad, Michael F Mordell, Michael R Cole, Patrick M Benton, Patrick M Webster, Robert D Coleman and William G Currie. View Insider Buying and Selling for Universal Forest Products.
Which major investors are buying Universal Forest Products stock?
UFPI stock was acquired by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Amundi Pioneer Asset Management Inc., Panagora Asset Management Inc., Stifel Financial Corp, Prudential Financial Inc., AXA, AQR Capital Management LLC and Man Group plc. 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, Robinhood, Fidelity and Charles Schwab.
What is Universal Forest Products' stock price today?
One share of UFPI stock can currently be purchased for approximately $57.38.
How big of a company is Universal Forest Products?
Universal Forest Products has a market capitalization of $3.52 billion and generates $4.42 billion in revenue each year. The construction company earns $148.60 million in net income (profit) each year or $2.91 on an earnings per share basis. Universal Forest Products employs 12,000 workers across the globe.View Additional Information About Universal Forest Products.
What is Universal Forest Products' official website?
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)
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.
