UFP Industries (NASDAQ:UFPI – Get Free Report) issued its quarterly earnings results on Monday. The construction company reported $1.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.89 by ($0.25), Briefing.com reports. UFP Industries had a return on equity of 15.86% and a net margin of 7.02%. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period last year, the company posted $2.10 EPS. The business’s revenue was down 9.8% on a year-over-year basis.
UFP Industries Price Performance
UFPI stock opened at $123.04 on Wednesday. The company has a fifty day moving average price of $126.83 and a 200-day moving average price of $120.53. The company has a market capitalization of $7.60 billion, a P/E ratio of 15.30 and a beta of 1.39. UFP Industries has a 52-week low of $90.62 and a 52-week high of $139.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.18 and a current ratio of 4.34.
UFP Industries Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Monday, December 2nd. UFP Industries’s payout ratio is currently 16.42%.
Analyst Ratings Changes
Check Out Our Latest Analysis on UFPI
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.
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