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 |
|---|---|---|---|
| 5/5/2026 | $108.00 | Market Perform → Outperform | BMO Capital Markets |
| 10/31/2025 | $112.00 | Neutral → Buy | DA Davidson |
| 10/9/2025 | $95.00 | Hold | Stifel |
| 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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4 - UFP INDUSTRIES INC (0000912767) (Issuer)
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8-K - UFP INDUSTRIES INC (0000912767) (Filer)
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Latest expansion makes newest enhanced treated lumber product available to builders across nearly half of the U.S. GRAND RAPIDS, Mich., May 21, 2026 /PRNewswire/ -- ProWood®, a leading manufacturer of pressure-treated lumber and part of UFP Industries, Inc. (NASDAQ:UFPI), is once again expanding availability of TrueFrame™ Joist, the first product of its kind in the new enhanced treated lumber category. Previously available in Colorado and across the Great Lakes and Midwest states, TrueFrame Joist is now available throughout the Northeast and South Atlantic. TrueFrame Joist is bu
GRAND RAPIDS, Mich., May 5, 2026 /PRNewswire/ -- UFP Packaging a division of UFP Industries (NASDAQ:UFPI), has brought two strategic acquisitions into its network that significantly expand UFP Packaging's national pallet manufacturing into the Northeast and Upper Midwest and advance its ability to deliver consistent, large-scale pallet solutions to national customers across the country. As of this week, UFP Packaging has acquired the operating assets of three locations of John Rock, Inc., a pallet manufacturer headquartered in Coatesville, Pa. This is in addition to the acquisit
GRAND RAPIDS, Mich., May 4, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) today announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer headquartered in Coatesville, Pa., for approximately $48 million. The transaction fills a key gap in PalletOne, Inc.'s geographic reach and strengthens UFP Packaging's ability to serve national customers with a presence in the northeast region. John Rock, a subsidiary of Kamps Pallets, designs and manufactures new pallets across Pennsylvania and Virginia. UFP Industries is purchasing three of the four
GRAND RAPIDS, Mich., April 29, 2026 /PRNewswire/ -- 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 first quarter 2026. Net Sales of $1.46 billion decreased by 8 percent compared to $1.6 billion a year ago due to a 1 percent decrease in price and a 7 percent decline in organic units.Diluted earnings per share of $0.89 compared to $1.30 a year ago, and Net Earnings Attributable to Controlling Interests of $51 million compared to $79 million a year
GRAND RAPIDS, Mich., April 29, 2026 /PRNewswire/ -- UFP Packaging, a division of UFP Industries (NASDAQ:UFPI), announced this week the acquisition of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minn. The transaction extends UFP Packaging's national pallet manufacturing network into the Upper Midwest — and reflects a deliberate effort to building a business that can grow alongside national customers to every corner of the country and North America."The way we build a truly national network isn't by planting a flag and moving on, it's by finding the right business
GRAND RAPIDS, Mich., April 28, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) today announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens UFP Packaging's ability to serve customers across the upper Midwest. Berry Pallets designs and manufactures new pallets from its facility in Waseca. The acquisition adds approximately $23 million in annual sales and brings 75 experie
GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ -- As UFP Industries (NASDAQ:UFPI) accelerates its acquisition strategy, President and CEO Will Schwartz today announced the creation of a new executive role designed to maximize the value of newly acquired businesses and strengthen the performance of existing operations across the enterprise. The newly created position of Executive Vice President of Operations Integration will be filled by current UFP Construction President Patrick Benton, effective July 1. Throughout his 33- year career at UFP Industries, Benton has firmly estab
GRAND RAPIDS, Mich., April 8, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) will announce first quarter 2026 results after the market close on Wednesday, April 29, 2026. A conference call to discuss these results will take place on Thursday, April 30, 2026, at 10:00 a.m. Eastern Time, hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer.A live audio webcast of the call along with supporting materials can be accessed using the following link or on the UFP Industries Investor Relations website. (www.ufpinvestor.com).A replay of
GRAND RAPIDS, Mich., April 6, 2026 /PRNewswire/ -- Deckorators®, a leading brand in the outdoor living industry and a division of UFP Industries, today announced it has acquired the remaining operating assets for MoistureShield decking, a respected brand in the decking and outdoor living market. The acquisition represents a strategic step forward for Deckorators as it continues to expand its wood plastic composite manufacturing capabilities, strengthen its product portfolio, and accelerate innovation in the rapidly growing outdoor living category.The newly acquired Arkansas faci
GRAND RAPIDS, Mich., March 24, 2026 /PRNewswire/ -- UFP Packaging debuted Slot-Lock and Clamp-Lock 100, two new industrial crate systems engineered for nail-gun-free assembly. The additions expand its pneumatic-free product portfolio alongside U-Loc 200, introduced in 2025. The new systems improve workplace safety and efficiency by eliminating the need for nail and staple guns, providing safer alternatives to traditional pneumatic construction."Even in mature markets like crating, innovation can meaningfully improve how work gets done," said Robert Bilbrough, director of product
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BMO Capital Markets upgraded UFP Industries from Market Perform to Outperform and set a new price target of $108.00
DA Davidson upgraded UFP Industries from Neutral to Buy and set a new price target of $112.00
Stifel initiated coverage of UFP Industries with a rating of Hold and set a new price target of $95.00
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
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GRAND RAPIDS, Mich., May 4, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) today announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer headquartered in Coatesville, Pa., for approximately $48 million. The transaction fills a key gap in PalletOne, Inc.'s geographic reach and strengthens UFP Packaging's ability to serve national customers with a presence in the northeast region. John Rock, a subsidiary of Kamps Pallets, designs and manufactures new pallets across Pennsylvania and Virginia. UFP Industries is purchasing three of the four
GRAND RAPIDS, Mich., April 29, 2026 /PRNewswire/ -- 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 first quarter 2026. Net Sales of $1.46 billion decreased by 8 percent compared to $1.6 billion a year ago due to a 1 percent decrease in price and a 7 percent decline in organic units.Diluted earnings per share of $0.89 compared to $1.30 a year ago, and Net Earnings Attributable to Controlling Interests of $51 million compared to $79 million a year
GRAND RAPIDS, Mich., April 28, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) today announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens UFP Packaging's ability to serve customers across the upper Midwest. Berry Pallets designs and manufactures new pallets from its facility in Waseca. The acquisition adds approximately $23 million in annual sales and brings 75 experie
GRAND RAPIDS, Mich., April 8, 2026 /PRNewswire/ -- UFP Industries (NASDAQ:UFPI) will announce first quarter 2026 results after the market close on Wednesday, April 29, 2026. A conference call to discuss these results will take place on Thursday, April 30, 2026, at 10:00 a.m. Eastern Time, hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer.A live audio webcast of the call along with supporting materials can be accessed using the following link or on the UFP Industries Investor Relations website. (www.ufpinvestor.com).A replay of
GRAND RAPIDS, Mich., Feb. 23, 2026 /PRNewswire/ -- 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 fourth quarter 2025. Net Sales of $1.33 billion decreased by 9 percent due to a 2 percent decrease in price and a 7 percent decline in organic units.Diluted earnings per share of $0.70 compared to $1.12 a year ago, and Net Earnings Attributable to Controlling Interests of $40 million compared to $68 million a year ago. Earnings were impacted by a hig
GRAND RAPIDS, Mich., Feb. 13, 2026 /PRNewswire/ -- UFP Industries, Inc. (NASDAQ:UFPI), a leading manufacturer focused on delivering value-added products is pleased to announce that its Board of Directors has declared a quarterly cash dividend of $0.36 per share of common stock, payable on March 16, 2026, to shareholders of record on March 2, 2026. The dividend represents a 3% increase over the March 2025 dividend and marks the 14th consecutive year of dividend increases. The company is committed to delivering strong returns on investment to its shareholders through share price
UFP Industries (NASDAQ:UFPI) will announce fourth quarter 2025 results after the market close on Monday, February 23, 2026. A conference call to discuss these results will take place on Tuesday, February 24, 2026, at 9:00 a.m. Eastern Time, hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer. A live audio webcast of the call along with supporting materials can be accessed using the following link (here) or on the UFP Industries Investor Relations website (www.ufpinvestor.com). A replay of the call will be made available on the company's website for at least 90 days. View source version on businesswire.com: https://www.businesswire.com/ne
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 third quarter 2025. Net Sales of $1.56 billion decreased by 5 percent due to a 1 percent decrease in price and a 4 percent decline in organic units. Diluted earnings per share of $1.29 compared to $1.64 a year ago. Net earnings attributable to controlling interest of $76 million compared to $100 million a year ago. Adjusted EBITDA1 was $140.0 million in the quarter, or 9.0 percent of net sales compared to 10.0 percent a year ago. New product sales were 7.6 percent of total sales. Repurchased ap
UFP Industries (NASDAQ:UFPI) will announce third quarter 2025 results after the market close on Wednesday, October 29, 2025. A conference call to discuss the company's results will be hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer, on Thursday, October 30, 2025, at 10 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. View source version on businesswire.com
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
Live Leadership Updates
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
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