UFP Industries, Inc. (UFPI)

NASDAQ: UFPI · Real-Time Price · USD
112.21
-0.01 (0.00%)
Dec 30, 2024, 12:42 PM EST - Market open
0.00%
Market Cap 6.81B
Revenue (ttm) 6.71B
Net Income (ttm) 431.20M
Shares Out 60.72M
EPS (ttm) 7.26
PE Ratio 15.45
Forward PE 16.18
Dividend $1.32 (1.18%)
Ex-Dividend Date Dec 2, 2024
Volume 76,558
Open 113.12
Previous Close 112.21
Day's Range 110.93 - 113.62
52-Week Range 107.49 - 141.33
Beta 1.42
Analysts Strong Buy
Price Target 148.00 (+31.9%)
Earnings Date Feb 18, 2025

About UFPI

UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and non-wood composites, and other materials in North America, Europe, Asia, and Australia. It operates through Retail, Packaging, and Construction segments. The Retail segment offers treated lumber products, including decking, fencing, lattice, and other products; pressure-treated and fire-retardant products used primarily for outdoor decking environments; and lawn and garden products, consisting of wood and vinyl fencing options, garden beds and planters, ... [Read more]

Sector Materials
IPO Date Nov 10, 1993
Employees 15,800
Stock Exchange NASDAQ
Ticker Symbol UFPI
Full Company Profile

Financial Performance

In 2023, UFP Industries's revenue was $7.22 billion, a decrease of -25.02% compared to the previous year's $9.63 billion. Earnings were $489.17 million, a decrease of -26.46%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for UFPI stock is "Strong Buy." The 12-month stock price forecast is $148.0, which is an increase of 31.90% from the latest price.

Price Target
$148.0
(31.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

UFP Packaging Expands with New Packaging Design and Development Center in Newnan, Georgia

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Packaging today announced the opening of its 10,000-square-foot Packaging Design and Development Center (DDC) in Newnan, Ga.

5 weeks ago - Business Wire

UFP Industries to Participate in Baird's Global Industrial Conference

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that management will participate in the 54th annual Global Industrial Conference hosted by Baird at the Ritz-Carlton...

2 months ago - Business Wire

UFP Industries, Inc. (UFPI) Q3 2024 Earnings Call Transcript

UFP Industries, Inc. (NASDAQ:UFPI) Q3 2024 Results Conference Call October 29, 2024 8:30 AM ET Company Participants Dick Gauthier - Vice President of Communications and Investor Relations Matt Missad...

2 months ago - Seeking Alpha

UFP Industries Announces Third Quarter Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Third Quarter Results.

2 months ago - Business Wire

Landon Tarvin named President of UFP Retail Solutions

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Landon Tarvin named President of UFP Retail Solutions.

3 months ago - Business Wire

Stanley Elliott named Director of Investor Relations at UFP Industries, replacing the retiring Dick Gauthier

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced that Stanley Elliott has joined the company as director of investor relations.

3 months ago - Business Wire

UFP Industries, Inc. (UFPI) Q2 2024 Earnings Call Transcript

UFP Industries, Inc. (NASDAQ:UFPI) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Dick Gauthier - Vice President of Communications and Investor Relations Matt Missad -...

5 months ago - Seeking Alpha

UFP Industries Announces Second Quarter Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Second Quarter Results.

5 months ago - Business Wire

UFP Industries on the FORTUNE 500 for Third Consecutive Year

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--For the third consecutive year, UFP Industries was named to the FORTUNE 500 list of largest U.S. companies, landing at 493 with $7.2 bil. in revenue.

7 months ago - Business Wire

UFP Industries to Participate in the Stifel 2024 Cross Sector Insight Conference

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that management will participate in the Stifel Cross Sector Insight Conference at the InterContinental Boston in Bos...

7 months ago - Business Wire

UFP Industries, Inc. (UFPI) Q1 2024 Earnings Call Transcript

UFP Industries, Inc. (NASDAQ:UFPI) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Dick Gauthier - VP, IR Matt Missad - CEO Mike Cole - CFO Conference Call Participant...

8 months ago - Seeking Alpha

UFP Industries Announces First Quarter Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces First Quarter Results.

8 months ago - Business Wire

UFP Packaging expands in Warrens, Wisconsin, with new production facility

WARRENS, Wis.--(BUSINESS WIRE)--UFP Packaging, an affiliate of UFP Industries (NASDAQ: UFPI), has expanded its presence in Warrens, Wisconsin. The company cut the ribbon on a new 11,840 sq.-ft. produc...

10 months ago - Business Wire

21 Upcoming Dividend Increases Including 2 Kings

Dividend Kings S&P Global and Genuine Parts Company extend their streaks with modest increases. The average dividend increase this week is 8.28% and the median is 7%.

11 months ago - Seeking Alpha

UFP Industries, Inc. (UFPI) Q4 2023 Earnings Call Transcript

UFP Industries, Inc. (UFPI) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

UFP Industries Announces Fourth Quarter and Fiscal 2023 Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Fourth Quarter and Fiscal 2023 Results.

11 months ago - Business Wire

UFP Industries announces quarterly dividend of $0.33 per share

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries announces quarterly dividend of $0.33 per share.

11 months ago - Business Wire

DECKORATORS RELEASES 2024 OUTDOOR LIVING REPORT

America's Top Contractors Share Exclusive Insights on Outdoor Trends for 2024 GRAND RAPIDS, Mich. , Jan. 16, 2024 /PRNewswire/ -- Deckorators®, a leading brand of UFP Industries, Inc. (Nasdaq: UFPI), ...

1 year ago - PRNewsWire

UFP Industries: An Antifragile Business Model Built For The Long-Term

Due to short-term economic headwinds concerning the construction sector, UFPI trades at a discount to the market and its own history. UFP Industries has a long growth track record, a decentralized bus...

1 year ago - Seeking Alpha

UFP Global Holdings Ltd. purchases remaining ownership interests in two Mexican packaging affiliates

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), announced today that it has acquired the remaining ownership interests in each of t...

1 year ago - Business Wire

TimberBase launches global B2B platform for buying and selling lumber and building materials

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--TimberBase, an affiliate of UFP Industries, Inc. (Nasdaq: UFPI), today announced the launch of TimberBase.com, a B2B digital platform for buying and selling lumbe...

1 year ago - Business Wire

UFP Industries, Inc. (UFPI) Q3 2023 Earnings Call Transcript

UFP Industries, Inc. (NASDAQ:UFPI) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Dick Gauthier - Vice President, Investor Relations Matt Missad - Chief Executive O...

1 year ago - Seeking Alpha

UFP Industries: Growth With Strong Management Incentives

UFP Industries has seen great growth over the last years. UFP Industries is actively working to reduce its reliance on commodity sales and maintain strong cash flows. The company has strong management...

1 year ago - Seeking Alpha

DECKORATORS® VOYAGE DECKING RECOGNIZED IN GOOD HOUSEKEEPING'S 2023 HOME RENOVATION AWARDS

GRAND RAPIDS, Mich. , Oct. 9, 2023 /PRNewswire/ -- Deckorators®, a leading brand of UFP Industries, Inc. (Nasdaq: UFPI), announced today that its patented Voyage Mineral-Based Composite Decking has be...

1 year ago - PRNewsWire

UFP Global Holdings Ltd. acquires controlling interest in Palets Suller Group

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), has acquired 80 percent of the equity in a newly formed company, UFP Palets y Embal...

1 year ago - Business Wire