Wedbush Estimates UFP Industries’ Q1 Earnings (NASDAQ:UFPI)

UFP Industries, Inc. (NASDAQ:UFPI) – Wedbush dropped their Q1 2026 earnings per share estimates for shares of UFP Industries in a note issued to investors on Tuesday, April 29th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings of $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.

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

Other analysts have also issued reports about the company. StockNews.com lowered UFP Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Benchmark reiterated a “buy” rating and set a $135.00 price target on shares of UFP Industries in a research report on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, UFP Industries has an average rating of “Moderate Buy” and a consensus target price of $143.00.

UFP Industries Trading Up 1.1 %

Shares of UFPI stock opened at $99.93 on Thursday. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 14.76 and a beta of 1.45. The company’s fifty day simple moving average is $106.22 and its two-hundred day simple moving average 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 debt-to-equity ratio of 0.07, a current ratio of 4.88 and a quick ratio of 3.25.

Hedge Funds Weigh In On UFP Industries

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC grew its holdings in shares of 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 purchasing an additional 70,927 shares in the last quarter. Franklin Resources Inc. lifted its position in UFP Industries by 18.2% during the third quarter. Franklin Resources Inc. now owns 1,225,972 shares of the construction company’s stock valued at $169,675,000 after purchasing an additional 188,969 shares during the last quarter. JPMorgan Chase & Co. grew its stake in UFP Industries by 10.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 631,404 shares of the construction company’s stock worth $82,847,000 after buying an additional 60,859 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of UFP Industries by 3.8% in the 4th 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 shares of UFP Industries by 21.2% during the 4th quarter. Park Avenue Securities LLC now owns 2,085 shares of the construction company’s stock valued at $235,000 after buying an additional 365 shares in the last quarter. 81.81% of the stock is currently owned by institutional investors.

UFP Industries Dividend Announcement

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

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.