UFP Industries, Inc. (NASDAQ:UFPI – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $103.75.
Several research firms have commented on UFPI. BMO Capital Markets upgraded UFP Industries from a “market perform” rating to an “outperform” rating and set a $108.00 price target for the company in a report on Tuesday, May 5th. DA Davidson decreased their target price on shares of UFP Industries from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Weiss Ratings upgraded shares of UFP Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, August 6th. Zacks Research raised shares of UFP Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Stifel Nicolaus cut their price target on shares of UFP Industries from $100.00 to $87.00 and set a “hold” rating on the stock in a research note on Monday, May 11th.
Check Out Our Latest Stock Analysis on UFPI
UFP Industries Trading Up 0.8%
UFP Industries (NASDAQ:UFPI – Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.37 by $0.11. UFP Industries had a return on equity of 8.00% and a net margin of 3.99%.The firm had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.79 billion. As a group, analysts forecast that UFP Industries will post 4.51 EPS for the current year.
UFP Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 1st. UFP Industries’s dividend payout ratio is presently 33.03%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in UFP Industries by 3.0% during the first quarter. Royal Bank of Canada now owns 61,641 shares of the construction company’s stock worth $6,597,000 after acquiring an additional 1,798 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of UFP Industries by 8.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,959 shares of the construction company’s stock worth $317,000 after purchasing an additional 221 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of UFP Industries by 10.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 129,209 shares of the construction company’s stock valued at $13,831,000 after purchasing an additional 12,043 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of UFP Industries by 90.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 544 shares of the construction company’s stock valued at $54,000 after purchasing an additional 259 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of UFP Industries during the 2nd quarter worth about $232,000. 81.81% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting UFP Industries
Here are the key news stories impacting UFP Industries this week:
- Positive Sentiment: Zacks raised its Q2 2027 EPS forecast to $1.61 from $1.51, lifted its Q4 2026 forecast to $1.02 from $1.01, and increased its Q2 2028 estimate to $1.95 from $1.91.
- Positive Sentiment: The firm also raised its FY2028 EPS outlook to $6.73 from $6.69, indicating expectations for stronger longer-term earnings growth.
- Neutral Sentiment: Zacks left its current full-year consensus reference at approximately $4.56 EPS and retained a Hold rating. The revisions therefore represent a mixed outlook rather than a broad upgrade to the stock.
- Negative Sentiment: Zacks sharply reduced its Q3 2026 EPS forecast to $1.16 from $1.31 and cut FY2026 EPS to $4.55 from $4.71. These reductions could weigh on near-term sentiment and imply softer operating results than previously expected.
- Negative Sentiment: Additional modest cuts affected Q1 2027 EPS, now estimated at $1.29 versus $1.32; Q3 2027 EPS, at $1.38 versus $1.44; Q4 2027 EPS, at $1.16 versus $1.17; and Q1 2028 EPS, at $1.55 versus $1.56.
UFP Industries Company Profile
UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.
With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.
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