Zacks Research Reduces Earnings Estimates for UFP Industries

UFP Industries, Inc. (NASDAQ:UFPI) – Investment analysts at Zacks Research cut their Q3 2026 earnings per share estimates for UFP Industries in a research report issued on Wednesday, August 19th. Zacks Research analyst Team now expects that the construction company will post earnings of $1.16 per share for the quarter, down from their previous estimate of $1.31. Zacks Research has a “Hold” rating on the stock. The consensus estimate for UFP Industries’ current full-year earnings is $4.56 per share. Zacks Research also issued estimates for UFP Industries’ Q4 2026 earnings at $1.02 EPS, FY2026 earnings at $4.55 EPS, Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.61 EPS, Q3 2027 earnings at $1.38 EPS, Q4 2027 earnings at $1.16 EPS, Q1 2028 earnings at $1.55 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $6.73 EPS.

UFP Industries (NASDAQ:UFPI) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.11. UFP Industries had a net margin of 3.99% and a return on equity of 8.00%. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.79 billion.

Several other brokerages also recently commented on UFPI. Benchmark dropped their price objective on shares of UFP Industries from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Weiss Ratings upgraded UFP Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 6th. DA Davidson lowered their target price on UFP Industries from $110.00 to $105.00 and set a “buy” rating for the company in a report on Friday, May 1st. BMO Capital Markets upgraded UFP Industries from a “market perform” rating to an “outperform” rating and set a $108.00 price target on the stock in a report on Tuesday, May 5th. Finally, Stifel Nicolaus lowered their price objective on UFP Industries from $100.00 to $87.00 and set a “hold” rating for the company in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $103.75.

UFP Industries Trading Up 3.7%

Shares of UFP Industries stock opened at $90.42 on Thursday. The firm’s 50 day moving average is $87.97 and its 200 day moving average is $91.62. The firm has a market capitalization of $4.99 billion, a PE ratio of 20.74 and a beta of 1.23. UFP Industries has a 1 year low of $77.89 and a 1 year high of $118.00. The company has a current ratio of 3.98, a quick ratio of 2.64 and a debt-to-equity ratio of 0.07.

Institutional Investors Weigh In On UFP Industries

Several large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of UFP Industries during the 2nd quarter worth approximately $688,063,000. Norges Bank acquired a new stake in UFP Industries in the fourth quarter worth $75,183,000. Wasatch Advisors LP increased its stake in UFP Industries by 32.9% in the first quarter. Wasatch Advisors LP now owns 2,037,908 shares of the construction company’s stock valued at $187,732,000 after purchasing an additional 504,609 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in UFP Industries in the second quarter valued at $34,067,000. Finally, River Road Asset Management LLC raised its stake in UFP Industries by 64.1% during the 4th quarter. River Road Asset Management LLC now owns 879,935 shares of the construction company’s stock worth $80,118,000 after buying an additional 343,830 shares during the period. Institutional investors and hedge funds own 81.81% of the company’s stock.

UFP Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 1.6%. UFP Industries’s dividend payout ratio is presently 33.03%.

UFP Industries News Summary

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

• Positive Sentiment: Zacks raised its Q4 2026 EPS forecast to $1.02 from $1.01, increased its Q2 2027 estimate to $1.61 from $1.51, and lifted its Q2 2028 forecast to $1.95 from $1.91. The firm also raised its FY2028 EPS outlook to $6.73 from $6.69, suggesting improved longer-term earnings potential.
• Neutral Sentiment: Zacks’ FY2026 EPS estimate of $4.55 is essentially in line with the $4.56 consensus forecast. The revisions do not change the firm’s Hold rating, limiting the immediate bullish signal. UFP Industries previously exceeded quarterly expectations, reporting $1.48 in EPS versus the $1.37 consensus and revenue of $1.88 billion versus $1.79 billion.
• Neutral Sentiment: UFP’s Deckorators brand announced its inaugural “Build It Forward” volunteer event in Nashville, scheduled for October 20–23. While the event supports the brand’s visibility and community engagement, it is unlikely to materially affect near-term financial results. Deckorators Hosts Inaugural Build It Forward Volunteer Event in Nashville
• Negative Sentiment: Zacks cut several closer-term forecasts: Q3 2026 EPS fell to $1.16 from $1.31, FY2026 EPS declined to $4.55 from $4.71, Q1 2027 EPS dropped to $1.29 from $1.32, Q3 2027 EPS decreased to $1.38 from $1.44, and Q4 2027 EPS slipped to $1.16 from $1.17. These reductions may pressure the stock because they imply softer near-term operating performance.

About UFP Industries

UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.

With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.