UFP Industries (NASDAQ:UFPI) Downgraded by Zacks Research to “Strong Sell”

Zacks Research downgraded shares of UFP Industries (NASDAQ:UFPI) from a hold rating to a strong sell rating in a report released on Tuesday,Zacks.com reports. Zacks Research also issued estimates for UFP Industries’ FY2025 earnings at $5.31 EPS, Q2 2026 earnings at $1.71 EPS, Q3 2026 earnings at $1.47 EPS, Q1 2027 earnings at $1.50 EPS, Q2 2027 earnings at $1.78 EPS and Q3 2027 earnings at $1.62 EPS.

A number of other research analysts have also weighed in on the stock. DA Davidson raised shares of UFP Industries from a “neutral” rating to a “buy” rating and raised their target price for the stock from $110.00 to $112.00 in a research note on Friday, October 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of UFP Industries in a research report on Thursday, October 30th. Stifel Nicolaus set a $95.00 target price on UFP Industries and gave the company a “hold” rating in a report on Wednesday, October 8th. Finally, Loop Capital started coverage on UFP Industries in a research note on Wednesday, July 23rd. They issued a “hold” rating and a $112.00 target price for the company. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $113.50.

UFP Industries Trading Down 0.1%

Shares of UFPI opened at $88.65 on Tuesday. UFP Industries has a 52-week low of $87.11 and a 52-week high of $141.33. The stock has a market cap of $5.16 billion, a PE ratio of 16.39 and a beta of 1.43. The firm’s fifty day moving average is $92.54 and its two-hundred day moving average is $97.84. The company has a quick ratio of 3.16, a current ratio of 4.54 and a debt-to-equity ratio of 0.07.

UFP Industries (NASDAQ:UFPI) last posted its quarterly earnings results on Wednesday, October 29th. The construction company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.08). The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.61 billion. UFP Industries had a return on equity of 10.16% and a net margin of 5.00%.The business’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.64 earnings per share. Research analysts forecast that UFP Industries will post 7.08 earnings per share for the current fiscal year.

UFP Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, December 1st. UFP Industries’s payout ratio is 25.88%.

Institutional Investors Weigh In On UFP Industries

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its stake in UFP Industries by 54.8% during the second quarter. Geneos Wealth Management Inc. now owns 322 shares of the construction company’s stock worth $32,000 after purchasing an additional 114 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in UFP Industries by 648.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 434 shares of the construction company’s stock worth $41,000 after acquiring an additional 376 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in UFP Industries by 39.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 417 shares of the construction company’s stock valued at $45,000 after acquiring an additional 119 shares during the period. Winnow Wealth LLC acquired a new position in UFP Industries in the 3rd quarter valued at about $51,000. Finally, EverSource Wealth Advisors LLC increased its stake in UFP Industries by 90.9% during the second quarter. EverSource Wealth Advisors LLC now owns 544 shares of the construction company’s stock worth $54,000 after purchasing an additional 259 shares during the period. 81.81% of the stock is owned by hedge funds and other institutional investors.

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.