UFP Industries, Inc. (UFPI)

NASDAQ: UFPI · IEX Real-Time Price · USD
78.04
+0.36 (0.46%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.46%
Market Cap 4.87B
Revenue (ttm) 9.63B
Net Income (ttm) 692.65M
Shares Out 62.47M
EPS (ttm) 10.97
PE Ratio 7.11
Forward PE 7.98
Dividend $1.00 (1.28%)
Ex-Dividend Date Feb 28, 2023
Volume 240,217
Open 78.57
Previous Close 77.68
Day's Range 77.24 - 78.85
52-Week Range 64.13 - 99.40
Beta 1.50
Analysts Buy
Price Target 104.55 (+33.97%)
Earnings Date Apr 20, 2023

About UFPI

UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The Retail segment offers preserved and unpreserved dimensional lumber; and outdoor living products, including wood and wood composite decking and related accessories, decorative lawn, garden, craft, and hobby products. This segment serves national home center retailers, and retail-oriented regional and contractor-or... [Read more]

Sector Materials
IPO Date Nov 10, 1993
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol UFPI
Full Company Profile

Financial Performance

In 2022, UFP Industries's revenue was $9.63 billion, an increase of 11.47% compared to the previous year's $8.64 billion. Earnings were $692.65 million, an increase of 29.31%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for UFPI stock is "Buy." The 12-month stock price forecast is $104.55, which is an increase of 33.97% from the latest price.

Price Target
$104.55
(33.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Wood Stocks Worth Watching Despite a Challenging Industry

The Zacks Building Products - Wood industry is expected to gain from home improvement activities, the export market and cost control amid continued supply woes. Industry players UFPI, BCC and JELD are...

Other symbols: BCCJELD
19 hours ago - Zacks Investment Research

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...

1 day ago - PRNewsWire

UFP Industries (UFPI) Gains From Buyouts Amid High Inflation

UFP Industries (UFPI) benefits from robust acquisition and strategic product innovation investments. However, softness in lumber products demand and high inflation restrict its growth.

5 days ago - Zacks Investment Research

5 Stocks With Amazingly Low EV-to-EBITDA Ratios to Snap Up

We have screened value stocks JKS, UFPI, ASX, BBCP and SNY based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Other symbols: ASXBBCPJKSSNY
1 month ago - Zacks Investment Research

Are Investors Undervaluing UFP Industries (UFPI) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago - Zacks Investment Research

UFP Industries (UFPI) Q4 Earnings & Revenues Top, Shares Rise

UFP Industries (UFPI) reports impressive fourth-quarter 2022 earnings and revenues, thanks to increased selling prices.

1 month ago - Zacks Investment Research

UFP Industries (UFPI) Beats Q4 Earnings and Revenue Estimates

UFP Industries (UFPI) delivered earnings and revenue surprises of 21.39% and 4.74%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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."

1 month ago - Business Wire

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...

1 month ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

Other symbols: ABGLCIIMLIMMI
3 months ago - GuruFocus

UFP Industries (UFPI) Acquires Titan Corrugated & Affiliate

UFP Industries (UFPI) is exploring new markets and enhancing its product portfolio through regular buyouts.

4 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

Here's Why UFP Industries (UFPI) is a Strong Growth Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

4 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire

7 Stocks to Buy Before the Market Starts to Soar in 2023

With Americans being an optimistic bunch, the general assumption that the equities sector will rise following the ugly year in 2022 fundamentally bolsters several stocks to buy. However, it's importan...

Other symbols: ANIKBHPCRWSREXSNDRSTM
4 months ago - InvestorPlace

UFP Industries (UFPI) Q3 Earnings Beat Estimates, Stock Up

UFP Industries' (UFPI) third-quarter results benefit from strong demand and an improved pricing model.

5 months ago - Zacks Investment Research

UFP Industries (UFPI) Surpasses Q3 Earnings and Revenue Estimates

UFP Industries (UFPI) delivered earnings and revenue surprises of 5.98% and 1.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

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

5 months ago - GlobeNewsWire

UFP Industries (UFPI) to Report Q3 Earnings: What to Expect?

UFP Industries' (UFPI) third-quarter earnings are likely to gain from higher demand across the segments amid inflationary pressure.

5 months ago - Zacks Investment Research

Pick These 5 Low Price-to-Sales Stocks for a Winning Portfolio

The Price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like CAL, PAA, TA, GDOT and UFPI hold promise

Other symbols: CALGDOTPAATA
5 months ago - Zacks Investment Research

5 Value Stocks With Exciting EV-to-EBITDA Ratios to Snap Up

We have screened value stocks UFPI, PBF, BCC, PAA and TALO based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Other symbols: BCCPAAPBFTALO
5 months ago - Zacks Investment Research