Zacks Research Lowers Earnings Estimates for UFP Industries

UFP Industries, Inc. (NASDAQ:UFPIFree Report) – Analysts at Zacks Research cut their Q2 2026 EPS estimates for UFP Industries in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings of $2.39 per share for the quarter, down from their prior estimate of $2.40. The consensus estimate for UFP Industries’ current full-year earnings is $6.89 per share.

Several other research firms have also issued reports on UFPI. Wedbush reiterated an “outperform” rating and set a $155.00 price target on shares of UFP Industries in a research report on Monday, November 4th. StockNews.com cut UFP Industries from a “buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $148.00.

Read Our Latest Stock Report on UFP Industries

UFP Industries Stock Down 1.7 %

UFPI stock opened at $135.26 on Thursday. UFP Industries has a fifty-two week low of $107.49 and a fifty-two week high of $141.33. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.31 and a quick ratio of 3.25. The business’s fifty day moving average price is $131.53 and its two-hundred day moving average price is $122.86. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 18.61 and a beta of 1.39.

UFP Industries (NASDAQ:UFPIGet Free Report) last announced its quarterly earnings data on Monday, October 28th. The construction company reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.89 by ($0.25). The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.76 billion. UFP Industries had a net margin of 6.70% and a return on equity of 14.45%. UFP Industries’s revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.10 EPS.

Institutional Trading of UFP Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of UFP Industries by 0.9% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,224,593 shares of the construction company’s stock valued at $361,155,000 after purchasing an additional 28,601 shares during the last quarter. FMR LLC grew its position in UFP Industries by 13.4% during the third quarter. FMR LLC now owns 1,635,577 shares of the construction company’s stock valued at $214,604,000 after buying an additional 193,891 shares during the period. Geode Capital Management LLC increased its holdings in UFP Industries by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,528,221 shares of the construction company’s stock worth $200,553,000 after buying an additional 14,857 shares during the last quarter. Franklin Resources Inc. raised its position in UFP Industries by 18.2% in the third quarter. Franklin Resources Inc. now owns 1,225,972 shares of the construction company’s stock worth $169,675,000 after acquiring an additional 188,969 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in UFP Industries by 3.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 887,637 shares of the construction company’s stock valued at $116,467,000 after acquiring an additional 32,555 shares during the last quarter. 81.81% of the stock is owned by institutional investors.

Insider Transactions at UFP Industries

In other UFP Industries news, CEO Matthew J. Missad sold 15,000 shares of UFP Industries stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $131.03, for a total value of $1,965,450.00. Following the completion of the sale, the chief executive officer now directly owns 314,450 shares of the company’s stock, valued at approximately $41,202,383.50. The trade was a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.58% of the stock is currently owned by corporate insiders.

UFP Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Monday, December 2nd. UFP Industries’s dividend payout ratio is currently 18.16%.

About UFP Industries

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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.

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Earnings History and Estimates for UFP Industries (NASDAQ:UFPI)

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