UFP Industries (NASDAQ:UFPI) Announces Quarterly Earnings Results

UFP Industries (NASDAQ:UFPI) issued its quarterly earnings data on Wednesday. The construction company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.16), FiscalAI reports. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.60 billion. UFP Industries had a return on equity of 8.00% and a net margin of 3.99%.

UFP Industries Stock Down 2.0%

Shares of UFPI stock traded down $1.62 on Wednesday, reaching $78.30. 633,169 shares of the company were exchanged, compared to its average volume of 441,813. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 17.96 and a beta of 1.22. The company has a 50-day moving average of $81.23 and a 200-day moving average of $89.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.98 and a quick ratio of 2.64. UFP Industries has a one year low of $73.72 and a one year high of $118.00.

UFP Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, December 1st. UFP Industries’s dividend payout ratio is 33.03%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Oppenheimer initiated coverage on shares of UFP Industries in a research report on Wednesday, September 30th. They set a “market perform” rating for the company. Zacks Research upgraded shares of UFP Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. Weiss Ratings lowered shares of UFP Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, October 12th. Stifel Nicolaus set a $85.00 price objective on shares of UFP Industries and gave the company a “hold” rating in a research note on Monday. Finally, DA Davidson reissued a “buy” rating and set a $105.00 target price on shares of UFP Industries in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, UFP Industries has a consensus rating of “Hold” and a consensus target price of $103.25.

Key Stories Impacting UFP Industries

Here are the key news stories impacting UFP Industries this week:

• Positive Sentiment: Third-quarter revenue increased to $1.73 billion, exceeding the $1.60 billion analyst consensus by approximately 8%. The sales beat indicates resilient demand across UFP’s Retail, Packaging, and Construction operations. UFP Industries Q3 revenue report
• Positive Sentiment: UFP Packaging acquired Apache Products, a pallet manufacturer based in Silsbee, Texas. The transaction expands UFPI’s pallet network along the Gulf Coast and could strengthen regional capacity and customer coverage. UFP Packaging acquisition of Apache Products
• Positive Sentiment: DA Davidson reaffirmed its “buy” rating and maintained a $105 price target, implying substantial upside from recent trading levels. DA Davidson rating
• Neutral Sentiment: UFP Industries extended its $750 million revolving credit facility to October 23, 2031. The longer maturity supports liquidity and financial flexibility, although it does not immediately change earnings expectations. UFP Industries credit facility extension
• Negative Sentiment: Third-quarter earnings per share fell short of expectations: UFPI reported $1.05 per share versus the $1.21 consensus estimate. The $0.16 shortfall outweighed the revenue beat for investors and is the primary reason the stock has moved lower. UFP Industries Q3 earnings miss
• Negative Sentiment: The earnings decline was accompanied by a net margin of just 3.99%, highlighting continued profitability pressure even as quarterly sales exceeded forecasts. UFP Industries Q3 earnings results

UFP Industries Company Profile

UFP Industries, Inc is a diversified manufacturer and distributor of wood, composite and other products serving the retail, construction and industrial markets. The company supplies materials and components used in outdoor living, residential and commercial construction, manufactured housing, packaging and a range of industrial applications.

Its products include treated lumber, decking, fencing, landscaping products, roof trusses, wall panels, wood components, pallets, crates, specialty packaging and other custom-engineered products.