Zacks Research Reduces Earnings Estimates for UFP Industries

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - Research analysts at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for UFP Industries in a note issued to investors on Monday, November 25th. Zacks Research analyst R. Department now expects that the construction company will post earnings per share of $2.39 for the quarter, down from their prior forecast of $2.40. The consensus estimate for UFP Industries' current full-year earnings is $6.89 per share.

UFPI has been the subject of several other reports. Wedbush reissued an "outperform" rating and issued a $155.00 price objective on shares of UFP Industries in a research report on Monday, November 4th. StockNews.com lowered shares of UFP Industries from a "buy" rating to a "hold" rating in a research note on Monday. Stifel Nicolaus lifted their price target on shares of UFP Industries from $125.00 to $157.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Benchmark upped their price objective on shares of UFP Industries from $133.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, July 31st. Finally, BMO Capital Markets raised their target price on UFP Industries from $115.00 to $125.00 and gave the company a "market perform" rating in a research note on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $148.00.

UFP Industries Trading Down 1.7 %

UFPI stock traded down $2.27 during midday trading on Thursday, hitting $135.26. The stock had a trading volume of 220,459 shares, compared to its average volume of 279,253. The company has a current ratio of 4.31, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07. The firm has a market cap of $8.21 billion, a P/E ratio of 18.61 and a beta of 1.39. The business has a fifty day moving average price of $131.53 and a two-hundred day moving average price of $122.86. UFP Industries has a 1-year low of $107.49 and a 1-year high of $141.33.

UFP Industries (NASDAQ:UFPI - Get Free Report) last issued its quarterly earnings results on Monday, October 28th. The construction company reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.89 by ($0.25). UFP Industries had a return on equity of 14.45% and a net margin of 6.70%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same quarter last year, the firm posted $2.10 EPS. The firm's revenue for the quarter was down 9.8% on a year-over-year basis.

Institutional Trading of UFP Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. UMB Bank n.a. grew its holdings in UFP Industries by 300.0% during the third quarter. UMB Bank n.a. now owns 192 shares of the construction company's stock worth $25,000 after buying an additional 144 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of UFP Industries in the 2nd quarter worth $29,000. Signaturefd LLC raised its holdings in shares of UFP Industries by 31.8% in the third quarter. Signaturefd LLC now owns 315 shares of the construction company's stock valued at $41,000 after purchasing an additional 76 shares during the last quarter. Triad Wealth Partners LLC bought a new position in shares of UFP Industries during the second quarter valued at about $56,000. Finally, GAMMA Investing LLC boosted its holdings in UFP Industries by 84.2% during the second quarter. GAMMA Investing LLC now owns 512 shares of the construction company's stock worth $57,000 after purchasing an additional 234 shares during the last quarter. 81.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other UFP Industries news, CEO Matthew J. Missad sold 15,000 shares of UFP Industries stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $131.03, for a total transaction of $1,965,450.00. Following the completion of the transaction, the chief executive officer now owns 314,450 shares in the company, valued at approximately $41,202,383.50. The trade was a 4.55 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.58% of the company's stock.

UFP Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.33 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.32 dividend on an annualized basis and a yield of 0.98%. UFP Industries's dividend payout ratio (DPR) is presently 18.16%.

UFP Industries Company Profile

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, pergolas, picnic tables, and other landscaping products.