UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. The company offers preserved and unpreserved dimensional lumber; outdoor living products, including wood and wood composite decking and related accessories, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It also provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications; designs, manufactures, and installs interior fixtures that are used in retail and commercial structures; and provides lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings. In addition, the company supplies siding, electrical, and plumbing products to manufactured housing and recreational vehicle customers; and wood forms and related products to set or form concrete for various structures, such as parking garages, stadiums, and bridges. Further, it provides framing services; and specialty wood packaging, components, and packing materials for various industries. The company primarily sells its products under the roWood, Deckorators, UFP-Edge, Outdoor Essentials, Dimensions, and ProWood FR trademarks. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.
IPO Year: 1993
Exchange: NASDAQ
Website: ufpi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/24/2025 | $112.00 | Hold | Loop Capital |
| 11/1/2023 | $122.00 → $106.00 | Buy → Neutral | DA Davidson |
| 7/26/2021 | $76.00 → $82.00 | Market Perform | BMO Capital |
| 7/19/2021 | $93.00 | Neutral → Buy | Sidoti |
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Both Look Forward to Meeting Builder Demands with Best-In-Class Products and Distribution Edge, manufacturer of advanced exterior trim, siding, and interior accents, has announced an expansion of its partnership with Associated Building Material Distributors of America, Inc. (ABMDA), growing its footprint of distribution partners throughout the United States and Canada. In addition to bolstering availability in the US, this represents the brand's entrance into Canadian markets. With the regional and distribution expertise of ABMDA members, builders will enjoy enhanced support of Edge's leading product lines, including treated wood EvoTrim™, the new thermally modified siding line, ForgeWoo
UFP Industries, Inc. (NASDAQ:UFPI) a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments reported results for the second quarter ended June, 28, 2025, including net sales of $1.84 billion, net earnings attributable to controlling interests of $100.7 million, earnings per diluted share of $1.70, and adjusted EBITDA of $174.1 million. Results for the quarter include impairment charges and one-time tax benefits which each amount to $0.05 per diluted share and offset one another. "Our second quarter was largely a continuation from our first quarter as visibility remains limited, tariff uncertainty remains a challenge for cons
UFP Industries (NASDAQ:UFPI) will announce second quarter 2025 results after the market close on Monday, July 28, 2025. The company will host a conference call to discuss these results on Tuesday, July 29, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com and can also be directly by accessing the link here. A webcast replay will be available on the company's website for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutio
Reusable U-Loc 200 fasteners address one of the shipping industry's biggest safety challenges. UFP Packaging today unveiled the U-Loc 200, a new crate featuring the first tool-free fastener for assembly and disassembly. This patent-pending fastener eliminates the need for nail and staple guns, tools that contribute to an estimated 37,000 emergency room visits annually. The U-Loc 200 provides a safer and more efficient crating solution with a fully reusable design. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250715256509/en/ "After decades without meaningful change, the U-Loc 200 marks the next major innovation in open-style
UFP Factory Built, a division of UFP Industries' Construction segment, today announced it has acquired the Twin Falls, Idaho facility of Robert Weed Corporation. The transaction that will add regional service and greater capacity to the unit's operations, and strengthen the company's position in the RV, cargo trailer and manufactured housing spaces by expanding its western footprint. "UFP Industries has decades of experience as a leading supplier of high-quality components for RV, cargo trailer and manufactured housing OEMs, and this transaction further extends our reach," said Patrick Benton, President of UFP Construction. "We're excited about the long-term growth opportunities this tran
UFP Industries, Inc. (NASDAQ:UFPI), a leading provider of wood and wood-alternative products, today announced that members of its executive team will participate in two upcoming investor conferences in June 2025. UFP will attend the Bank of America Housing Symposium on Tuesday, June 3, 2025, in New York, NY, and the Stifel Cross Sector Insight (CSI) Conference on Wednesday, June 4, 2025. The UFP Industries team will be represented by Mike Cole, Chief Financial Officer; Landon Tarvin, President of UFP Retail Solutions; and Stanley Elliott, Director of Investor Relations. Company representatives will host one-on-one and small group meetings with institutional investors at both events to dis
UFP Industries, Inc. (NASDAQ:UFPI) today announced first quarter 2025 results including net sales of $1.60 billion, net earnings attributable to controlling interests of $78.8 million, and earnings per diluted share of $1.30. "While our first quarter proved more challenging than anticipated and visibility remains limited, we are more encouraged by recent business trends," said Will Schwartz, UFP Industries CEO. "Business activity improved sequentially in each month during the quarter and that improvement has continued into April. Despite the uncertainty, our team continues to stay laser-focused on what we can control by directing our efforts to activities that improve profitability and str
UFP Industries (NASDAQ:UFPI) will announce first quarter 2025 results on Monday, April 28, 2025. The company will host a conference call to discuss these results on Tuesday, April 29, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on the company's website for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distribute and
UFP Industries, Inc. (NASDAQ:UFPI) today announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York. The site will be transformed into a new, state-of-the-art facility that will double production capacity for Deckorators'® industry-leading Surestone® composite-decking product. The $77 million investment includes a 30-acre campus with approximately 240,000 square feet of manufacturing and warehousing space and is part of a $250 million plan over the next five years to grow and expand the Deckorators® product line. Deckorators' Surestone technology decking stands apart from its peers that rely on tr
UFP Packaging, a subsidiary of UFP Industries (NASDAQ:UFPI), expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets. "This facility represents UFP Packaging's commitment to innovation and supporting the evolving needs of our customers across diverse markets," said Vice President of Protective Packaging Nick Hoffman. First opened in late 2024, the Jeffersonville facility will continue to scale throughout 2025 with machinery to enter new mar
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Loop Capital initiated coverage of UFP Industries with a rating of Hold and set a new price target of $112.00
DA Davidson downgraded UFP Industries from Buy to Neutral and set a new price target of $106.00 from $122.00 previously
BMO Capital reiterated coverage of UFP Industries with a rating of Market Perform and set a new price target of $82.00 from $76.00 previously
Sidoti upgraded UFP Industries from Neutral to Buy and set a new price target of $93.00
Wedbush reiterated coverage of UFP Industries with a rating of Neutral and set a new price target of $85.00 from $75.00 previously
Stifel resumed coverage of UFP Industries with a rating of Buy and set a new price target of $75.00
Stifel Nicolaus initiated coverage of UFP Industries with a rating of Buy
BMO Capital Markets reiterated coverage of UFP Industries with a rating of and set a new price target of $66.00 from $57.00 previously
DA Davidson reiterated coverage of UFP Industries with a rating of Buy and set a new price target of $75.00 from $67.00 previously
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UFP Industries, Inc. (NASDAQ:UFPI) a leading manufacturer focused on delivering value-added products across its Retail, Packaging, and Construction segments reported results for the second quarter ended June, 28, 2025, including net sales of $1.84 billion, net earnings attributable to controlling interests of $100.7 million, earnings per diluted share of $1.70, and adjusted EBITDA of $174.1 million. Results for the quarter include impairment charges and one-time tax benefits which each amount to $0.05 per diluted share and offset one another. "Our second quarter was largely a continuation from our first quarter as visibility remains limited, tariff uncertainty remains a challenge for cons
UFP Industries (NASDAQ:UFPI) will announce second quarter 2025 results after the market close on Monday, July 28, 2025. The company will host a conference call to discuss these results on Tuesday, July 29, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com and can also be directly by accessing the link here. A webcast replay will be available on the company's website for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutio
UFP Industries, Inc. (NASDAQ:UFPI) today announced first quarter 2025 results including net sales of $1.60 billion, net earnings attributable to controlling interests of $78.8 million, and earnings per diluted share of $1.30. "While our first quarter proved more challenging than anticipated and visibility remains limited, we are more encouraged by recent business trends," said Will Schwartz, UFP Industries CEO. "Business activity improved sequentially in each month during the quarter and that improvement has continued into April. Despite the uncertainty, our team continues to stay laser-focused on what we can control by directing our efforts to activities that improve profitability and str
UFP Industries (NASDAQ:UFPI) will announce first quarter 2025 results on Monday, April 28, 2025. The company will host a conference call to discuss these results on Tuesday, April 29, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on the company's website for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distribute and
UFP Industries, Inc. (NASDAQ:UFPI) today announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York. The site will be transformed into a new, state-of-the-art facility that will double production capacity for Deckorators'® industry-leading Surestone® composite-decking product. The $77 million investment includes a 30-acre campus with approximately 240,000 square feet of manufacturing and warehousing space and is part of a $250 million plan over the next five years to grow and expand the Deckorators® product line. Deckorators' Surestone technology decking stands apart from its peers that rely on tr
UFP Industries, Inc. (NASDAQ:UFPI) today announced fourth quarter 2024 results including net sales of $1.46 billion, net earnings attributable to controlling interest of $68.0 million, and earnings per diluted share of $1.12. The company also announced net sales of $6.7 billion and earnings per diluted share of $6.77 for fiscal 2024. These results include the impact of impairment charges and severances of approximately $0.11 per diluted share (net of income taxes) associated with ongoing actions to reduce capacity and personnel costs due to lower overall market demand, and a gain on the sale of real estate of approximately $.03 per diluted share (net of income taxes). "The second half of 2
UFP Industries (NASDAQ:UFPI) will announce fourth quarter 2024 results on Monday, February 17, 2025. The company will host a conference call to discuss these results on Tuesday, February 18, 2025, at 9 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on the company's website for at least 90 days following the call. UFP Industries, Inc. UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distr
UFP Industries, Inc. (NASDAQ:UFPI) today announced third quarter 2024 results including net sales of $1.65 billion, net earnings attributable to controlling interest of $100 million, and earnings per diluted share of $1.64. "Our third quarter results were impacted by softer demand and broad-based pricing pressure which reduced our revenue and profit margins. We are managing through these ongoing challenges by operating more efficiently, aligning our overhead with lower demand levels and eliminating unnecessary costs. I am confident our teammates will respond appropriately to the changing economy while enhancing the pursuit of our strategic priorities. While we expect conditions to remain c
UFP Industries, Inc. (NASDAQ:UFPI) today announced second quarter 2024 results including net sales of $1.9 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $2.05. "Our second quarter results were in line with expectations in a more challenging business cycle, and I am grateful for the efforts of all of our UFP teammates to adapt to this environment and adjust capacity to meet demand," said Chairman and CEO Matthew J. Missad. "The weaker environment and expected near-term softness in demand have enabled us to more aggressively pursue our long-term expansion plans and improvement strategies. These efforts include investments in au
UFP Industries, Inc. (NASDAQ:UFPI) today announced first quarter 2024 results including net sales of $1.64 billion, net earnings attributable to controlling interests of $121 million, and earnings per diluted share of $1.96. "We would like to credit our hard-working team and our balanced business model for allowing us to achieve first-quarter results that were in line with expectations," said Chairman and CEO Matthew J. Missad. "As demand returns to more normalized levels, we are increasingly focused on improving our operational efficiencies by investing in automation and technology while consolidating operations where opportunities exist. We are also investing in growth through new produ
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UFP Industries (NASDAQ:UFPI) marks 70 years in business on February 9, never failing to turn a profit in each of them. Founded in 1955, its leaders say the keys to success in all these years are its ability to recruit and retain high-achieving employees, its down-to-earth company culture and its unique incentive system that aligns employee interests with shareholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250207216118/en/Nasdaq celebrated UFP Industries' 70th anniversary at its headquarters in New York City on February 7, 2025. (Photo: Business Wire) "Our company's motto is, ‘No mission statement; just people on a missi
-- Acquisition expands national leader PalletOne's presence to Northern Alabama and Central Tennessee -- UFP Industries (NASDAQ:UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging's PalletOne business unit, a top manufacturer of machine-built pallets in the U.S. C&L's leadership team, including President Henry Bowman and Operations Manager Frank Janek, will remain with the company. "The addition of C&L expands PalletOne's geographic f
Delivering ProWood FR Fire Retardant Treated Wood to New Markets Through a Strong, Aligned Partnership ProWood, a leader in treated wood products known for safety and durability, is proud to announce a new partnership with Dixieply, an employee-owned distributor with a history of delivering building solutions since 1944. Through this partnership, Dixieply will now offer ProWood FR Fire Retardant Treated (FRT) wood across its network of locations in Tennessee, Georgia, North Carolina, and Florida, making ProWood's trusted fire-retardant products more accessible to builders and contractors in key markets. "We're thrilled to join forces with Dixieply, an industry-leading company that share
MICHIGAN CITY, Ind., July 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) Horizon Bancorp, Inc. ("Horizon" or the "Company") announced the appointments on June 18, 2024 of Michele A. Samuels and Brian C. Walker to serve as independent directors on the Board of its wholly owned subsidiary, Horizon Bank. Samuels is Senior Vice President, General Auditor & Compliance Officer at Blue Cross Blue Shield of Michigan (BCBSM), headquartered in Detroit. She joined BCBSM in 1990 and has served in her current role since 2009, leading a team of over 100 audit, compliance, and investigative assurance and advisory services at one of the largest Blues affiliates in the United States with more than $30 bil
UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (NASDAQ:UFPI), has acquired 80 percent of the equity in a newly formed company, UFP Palets y Embalajes SL, for approximately $52 million USD. UFP Palets is comprised of the former pallet manufacturing operations of Palets Suller SL, Serrería y Palets Chiva SL and Drevex Castellón SL, collectively known as Palets Suller Group. The company had trailing 12-month sales of approximately $38 million USD through August 2023. Headquartered in Castellón, Spain, Palets Suller is the market leader in machine-built wood pallets, serving the region's ceramic tile industry as well as other industries. Spain is one of the largest ceramic til
GRAND RAPIDS, Mich., Sept. 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (NASDAQ:UFPI) today announced the appointment of Allen Peters to executive vice president of innovation, effective January 1, 2023. Allen's new duties will include leading UFP's Innovation Accelerator and Innov8 Fund teams. He will also use his unique experience as president of UFP Retail Solutions to drive the ambitious new products and technology push necessary for rapid iterative changes through the organization. "After 24 years of managing operations and sales, I am excited to use my experience to discover new opportunities and execute the strategies of our innovation teams," said Allen. "I am ready to help shape t