Zacks Research Reduces Earnings Estimates for UFP Industries

UFP Industries, Inc. (NASDAQ:UFPI) – Research analysts at Zacks Research reduced their Q3 2026 earnings estimates for UFP Industries in a research note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the construction company will earn $1.16 per share for the quarter, down from their previous forecast of $1.31. Zacks Research currently 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 issued its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.11. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.79 billion. UFP Industries had a net margin of 3.99% and a return on equity of 8.00%.

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

UFP Industries Stock Up 3.7%

UFPI stock opened at $90.42 on Thursday. The stock has a market capitalization of $4.99 billion, a P/E ratio of 20.74 and a beta of 1.23. The business has a 50-day moving average of $87.97 and a 200-day moving average of $91.62. 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 fifty-two week low of $77.89 and a fifty-two week high of $118.00.

UFP Industries Announces Dividend

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

Hedge Funds Weigh In On UFP Industries

Institutional investors and hedge funds have recently modified their holdings of the business. IAG Wealth Partners LLC acquired a new stake in UFP Industries in the 1st quarter worth about $28,000. Root Financial Partners LLC grew its position in shares of UFP Industries by 86.0% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the construction company’s stock worth $29,000 after purchasing an additional 148 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of UFP Industries by 54.8% during the 2nd 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. Danske Bank A S increased its holdings in shares of UFP Industries by 300.0% during the fourth quarter. Danske Bank A S now owns 400 shares of the construction company’s stock worth $36,000 after purchasing an additional 300 shares during the period. Finally, CIBC Private Wealth Group LLC increased its stake in UFP Industries by 117.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 413 shares of the construction company’s stock worth $38,000 after acquiring an additional 223 shares during the period. 81.81% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting UFP Industries

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.

UFP Industries Company Profile

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.