Wedbush Has Pessimistic View of UFP Industries Q1 Earnings

UFP Industries, Inc. (NASDAQ:UFPI - Free Report) - Investment analysts at Wedbush decreased their Q1 2025 earnings per share estimates for UFP Industries in a research report issued on Wednesday, February 19th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $1.63 for the quarter, down from their prior estimate of $1.69. Wedbush currently has a "Outperform" rating and a $155.00 target price on the stock. The consensus estimate for UFP Industries' current full-year earnings is $7.42 per share. Wedbush also issued estimates for UFP Industries' Q2 2025 earnings at $2.17 EPS, Q3 2025 earnings at $1.90 EPS, Q4 2025 earnings at $1.65 EPS, FY2025 earnings at $7.36 EPS and Q4 2026 earnings at $1.77 EPS.

A number of other research analysts have also issued reports on UFPI. StockNews.com lowered UFP Industries from a "buy" rating to a "hold" rating in a report on Wednesday. Benchmark reaffirmed a "buy" rating and set a $135.00 target price on shares of UFP Industries in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $143.00.

UFP Industries Stock Performance

Shares of UFPI traded down $1.29 during trading hours on Thursday, reaching $108.55. 422,812 shares of the company's stock traded hands, compared to its average volume of 293,965. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 16.03 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.88 and a quick ratio of 3.25. UFP Industries has a twelve month low of $107.25 and a twelve month high of $141.33. The business's fifty day simple moving average is $114.73 and its two-hundred day simple moving average is $123.03.

UFP Industries (NASDAQ:UFPI - Get Free Report) last issued its quarterly earnings results on Monday, February 17th. The construction company reported $1.20 EPS for the quarter, missing analysts' consensus estimates of $1.24 by ($0.04). The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.43 billion. UFP Industries had a net margin of 6.23% and a return on equity of 13.24%.

Hedge Funds Weigh In On UFP Industries

A number of hedge funds and other institutional investors have recently modified their holdings of UFPI. Putney Financial Group LLC acquired a new position in shares of UFP Industries in the 4th quarter valued at $30,000. Signaturefd LLC boosted its position in UFP Industries by 31.8% during the 3rd quarter. Signaturefd LLC now owns 315 shares of the construction company's stock worth $41,000 after acquiring an additional 76 shares during the period. Smartleaf Asset Management LLC boosted its position in UFP Industries by 1,683.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the construction company's stock worth $60,000 after acquiring an additional 505 shares during the period. Jones Financial Companies Lllp boosted its position in UFP Industries by 357.8% during the 4th quarter. Jones Financial Companies Lllp now owns 531 shares of the construction company's stock worth $60,000 after acquiring an additional 415 shares during the period. Finally, Kapitalo Investimentos Ltda acquired a new stake in UFP Industries during the 4th quarter worth about $61,000. Institutional investors and hedge funds own 81.81% of the company's stock.

Insider Activity at UFP Industries

In related news, Director William G. Currie sold 5,700 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $126.59, for a total value of $721,563.00. Following the completion of the transaction, the director now owns 61,140 shares in the company, valued at $7,739,712.60. This trade represents a 8.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.58% of the stock is currently owned by corporate insiders.

UFP Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.35 dividend. This is a positive change from UFP Industries's previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.29%. UFP Industries's dividend payout ratio (DPR) is 19.50%.

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.