DA Davidson Comments on UFP Industries Q1 Earnings

UFP Industries, Inc. (NASDAQ:UFPI) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for UFP Industries in a report released on Wednesday, February 19th. DA Davidson analyst K. Yinger expects that the construction company will earn $1.53 per share for the quarter. The consensus estimate for UFP Industries’ current full-year earnings is $7.42 per share. DA Davidson also issued estimates for UFP Industries’ FY2025 earnings at $6.49 EPS and FY2026 earnings at $7.62 EPS.

UFP Industries (NASDAQ:UFPI) last issued its quarterly earnings results on Monday, February 17th. The construction company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.04). The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.43 billion. UFP Industries had a net margin of 6.23% and a return on equity of 13.24%.

Several other brokerages have also commented on UFPI. StockNews.com lowered UFP Industries from a “buy” rating to a “hold” rating in a research report on Wednesday. Wedbush restated an “outperform” rating and issued a $155.00 target price on shares of UFP Industries in a research note on Monday, November 4th. Finally, Benchmark reiterated a “buy” rating and issued a $135.00 price target on shares of UFP Industries in a report on Wednesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $143.00.

UFP Industries Trading Down 1.2 %

NASDAQ:UFPI opened at $108.55 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.25 and a current ratio of 4.88. The firm’s fifty day moving average is $114.73 and its 200-day moving average is $123.03. UFP Industries has a 52 week low of $107.25 and a 52 week high of $141.33. The firm has a market cap of $6.59 billion, a P/E ratio of 16.03 and a beta of 1.45.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of UFP Industries in the fourth quarter worth about $83,149,000. Thrivent Financial for Lutherans lifted its stake in UFP Industries by 3,820.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 561,142 shares of the construction company’s stock worth $63,212,000 after purchasing an additional 546,830 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in UFP Industries by 39.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,546,745 shares of the construction company’s stock worth $174,241,000 after purchasing an additional 435,155 shares in the last quarter. Boston Partners boosted its holdings in UFP Industries by 100.8% in the 4th quarter. Boston Partners now owns 672,231 shares of the construction company’s stock valued at $75,736,000 after purchasing an additional 337,463 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of UFP Industries during the 4th quarter valued at $30,457,000. Hedge funds and other institutional investors own 81.81% of the company’s stock.

Insider Transactions at UFP Industries

In related news, Director William G. Currie sold 5,700 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $126.59, for a total transaction of $721,563.00. Following the completion of the transaction, the director now owns 61,140 shares in the company, valued at approximately $7,739,712.60. This represents a 8.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.58% of the company’s stock.

UFP Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.29%. This is an increase from UFP Industries’s previous quarterly dividend of $0.33. The ex-dividend date is Monday, March 3rd. UFP Industries’s payout ratio is currently 19.50%.

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.