UFP Industries, Inc. (UFPI)
Market Cap | 6.99B |
Revenue (ttm) | 7.22B |
Net Income (ttm) | 514.31M |
Shares Out | 61.53M |
EPS (ttm) | 8.07 |
PE Ratio | 14.08 |
Forward PE | 14.46 |
Dividend | $1.32 (1.16%) |
Ex-Dividend Date | Feb 29, 2024 |
Volume | 202,663 |
Open | 112.94 |
Previous Close | 112.55 |
Day's Range | 112.55 - 114.46 |
52-Week Range | 76.89 - 128.65 |
Beta | 1.46 |
Analysts | Buy |
Price Target | 114.00 (+0.32%) |
Earnings Date | Apr 30, 2024 |
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]
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 $514.31 million, a decrease of -25.75%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for UFPI stock is "Buy." The 12-month stock price forecast is $114.0, which is an increase of 0.32% from the latest price.
News
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...
UFP Industries Announces Fourth Quarter and Fiscal 2023 Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Fourth Quarter and Fiscal 2023 Results.
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.
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), ...
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...
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...
UFP Industries Announces Third Quarter Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Third Quarter Results. Operating Margins Remain Historically Strong.
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...
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...
UFP Packaging to Showcase Its Breadth and Depth as a Total Packaging Solutions Provider at PACK EXPO Las Vegas
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Packaging, part of UFP Industries, Inc. (Nasdaq: UFPI), will make its PACK EXPO Las Vegas debut from September 11-13, 2023. The company will feature packaging...
UFP Industries Announces Second Quarter Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Second Quarter Results.
UFP Industries Ranked 403 on FORTUNE 500
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) announced today that the company has, for the third time, secured a position on the esteemed FORTUNE 500 list, ranking at 403 among ...
UFP Industries Announces First Quarter Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced first quarter 2023 results including net sales of $1.82 billion.
UFP Packaging Expands PalletOne Nationally
It becomes the first coast-to-coast premier pallet supplier BARTOW, Fla. , March 28, 2023 /PRNewswire/ -- UFP Packaging today announced that its PalletOne business unit has completed an expansion into...
UFP Industries Announces Fourth Quarter and Fiscal 2022 Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $1.9 billion, net earnings attributable to controlling interest of $133 million, and earnings per...
UFP Industries announces quarterly dividend of $0.25 per share
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--On February 3, 2023, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.25 per share, a 25 percent increase...
CORRECTING and REPLACING Matthew J. Missad named Chairman of the Board for UFP Industries
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--First paragraph, third sentence of release dated February 3, 2023, should read: "[William G. Currie] then will step down after 54 years with the company."
Matthew J. Missad named Chairman of the Board for UFP Industries
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI), today announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of di...
UFP Industrial Changes Name to UFP Packaging
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--To better reflect its business focus and opportunity, UFP Industrial, LLC, a leading supplier of total packaging solutions, packaging logistics support and OEM ...
UFP Retail Solutions will showcase product innovations at IBS 2023
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Retail Solutions, a business segment of UFP Industries, Inc. (Nasdaq: UFPI), will feature new and innovative products from two leading brands, Deckorators a...
5 Chuck Royce Stocks Trading Below DCF Value
According to current portfolio statistics, a Premium feature of GuruFocus, five stocks in Royce Investment Partners' third-quarter 13F equity portfolio that are trading below discounted cash flow valu...
UFP Packaging acquires Titan Corrugated and its affiliate, All Boxed Up, adding corrugated conversion to its industrial packaging offerings
GRAND RAPIDS, Mich., Dec. 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc., a manufacturer of corr...
Deckorators® Launches 2023 Outdoor Living Report
Trend-leading brand leverages insights from experts in the field GRAND RAPIDS, Mich. , Nov. 16, 2022 /PRNewswire/ -- Brought to you by Deckorators®, a leading composite decking, railing, and accessori...
UFP Industries Reports Record Third Quarter Results
Earnings per share increase 37 percent; Unit sales increase 5 percent Earnings per share increase 37 percent; Unit sales increase 5 percent
UFP Industries names Will Schwartz president of UFP Retail Solutions
GRAND RAPIDS, Mich., Sept. 26, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that Will Schwartz has been named president of UFP Retail Solutions, LLC, effective January 1, 202...