UFP Industries, Inc. (UFPI)

NASDAQ: UFPI · IEX Real-Time Price · USD
113.64
+1.09 (0.97%)
At close: Apr 26, 2024, 4:00 PM
114.38
+0.74 (0.65%)
After-hours: Apr 26, 2024, 7:58 PM EDT
0.97%
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]

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 $514.31 million, a decrease of -25.75%.

Financial Statements

Analyst 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.

Price Target
$114.0
(0.32% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 months ago - Business Wire

UFP Industries Announces Fourth Quarter and Fiscal 2023 Results

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

2 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.

2 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), ...

3 months ago - PRNewsWire

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...

5 months 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...

5 months ago - Business Wire

UFP Industries Announces Third Quarter Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries Announces Third Quarter Results. Operating Margins Remain Historically Strong.

6 months ago - Business Wire

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...

7 months 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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

UFP Industries Announces Second Quarter Results

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

9 months ago - Business Wire

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 ...

11 months ago - Business Wire

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.

1 year ago - Business Wire

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 year ago - PRNewsWire

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 year 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 year 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 year 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 year 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 ...

1 year 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...

1 year 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
1 year ago - GuruFocus

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...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire