Wedbush Issues Negative Outlook for UFP Industries Earnings

UFP Industries, Inc. (NASDAQ:UFPI) – Equities research analysts at Wedbush cut their Q1 2026 earnings per share estimates for shares of UFP Industries in a report released on Tuesday, April 29th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $1.75 per share for the quarter, down from their prior estimate of $1.84. The consensus estimate for UFP Industries’ current full-year earnings is $7.08 per share.

UFPI has been the topic of several other research reports. Benchmark reaffirmed a “buy” rating and issued a $135.00 price target on shares of UFP Industries in a research report on Wednesday, February 19th. StockNews.com lowered UFP Industries from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, UFP Industries has a consensus rating of “Moderate Buy” and a consensus target price of $143.00.

UFP Industries Stock Up 1.1 %

UFP Industries stock opened at $99.93 on Thursday. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of 14.76 and a beta of 1.45. The firm’s fifty day moving average price is $106.22 and its two-hundred day moving average price is $116.82. UFP Industries has a 1-year low of $96.99 and a 1-year high of $141.33. The company has a current ratio of 4.88, a quick ratio of 3.25 and a debt-to-equity ratio of 0.07.

UFP Industries (NASDAQ:UFPI) last issued its earnings results on Monday, April 28th. The construction company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.27). The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.61 billion. UFP Industries had a return on equity of 13.24% and a net margin of 6.23%. UFP Industries’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.96 earnings per share.

UFP Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Monday, June 2nd. UFP Industries’s payout ratio is 20.68%.

Hedge Funds Weigh In On UFP Industries

Hedge funds have recently modified their holdings of the company. Barclays PLC lifted its holdings in UFP Industries by 109.0% during the third quarter. Barclays PLC now owns 135,996 shares of the construction company’s stock worth $17,844,000 after acquiring an additional 70,927 shares during the period. Franklin Resources Inc. boosted its holdings in shares of UFP Industries by 18.2% in the 3rd quarter. Franklin Resources Inc. now owns 1,225,972 shares of the construction company’s stock worth $169,675,000 after buying an additional 188,969 shares during the last quarter. JPMorgan Chase & Co. grew its position in UFP Industries by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 631,404 shares of the construction company’s stock valued at $82,847,000 after buying an additional 60,859 shares during the period. Nordea Investment Management AB increased its holdings in UFP Industries by 3.8% during the fourth quarter. Nordea Investment Management AB now owns 109,476 shares of the construction company’s stock worth $12,331,000 after buying an additional 3,973 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in UFP Industries by 21.2% in the fourth quarter. Park Avenue Securities LLC now owns 2,085 shares of the construction company’s stock worth $235,000 after acquiring an additional 365 shares during the period. Institutional investors own 81.81% of the company’s stock.

About UFP Industries

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.