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Last $60.07 USD
Change Today +0.07 / 0.12%
Volume 137.5K
UFPI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

universal forest products (UFPI) Snapshot

Open
$59.64
Previous Close
$60.00
Day High
$60.79
Day Low
$59.64
52 Week High
08/17/15 - $64.96
52 Week Low
10/13/14 - $40.70
Market Cap
1.2B
Average Volume 10 Days
135.0K
EPS TTM
$3.16
Shares Outstanding
20.1M
EX-Date
05/28/15
P/E TM
19.0x
Dividend
$0.80
Dividend Yield
1.33%
Current Stock Chart for UNIVERSAL FOREST PRODUCTS (UFPI)

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universal forest products (UFPI) Details

Universal Forest Products, Inc., through its subsidiaries, designs, manufactures, and markets wood, wood composite, and other products for retail, housing and construction, and industrial markets in the United States and internationally. It provides preserved and unpreserved dimensional lumber, wood composite decking, decorative lawn and garden products, roof trusses, wall panels, engineered floor systems, and other value-added products for the retail building materials market; roof and floor trusses, wall panels, I-joists, and lumber packages for residential and commercial construction markets; and framing services for the residential market and forming products for concrete construction. The company also offers roof trusses, lumber cut and shaped, plywood, particle board, and dimensional lumber products for use in the construction of manufactured housings. In addition, it provides specialty wood packaging and components, and packing materials for various industries. The company was founded in 1955 and is headquartered in Grand Rapids, Michigan.

6,000 Employees
Last Reported Date: 02/25/15
Founded in 1955

universal forest products (UFPI) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $526.0K
President and Chief Operating Officer
Total Annual Compensation: $386.1K
Chief Financial Officer and Treasurer
Total Annual Compensation: $326.7K
President of UFP Western Division Inc
Total Annual Compensation: $251.9K
Executive Vice President of UFP Eastern Divis...
Total Annual Compensation: $246.6K
Compensation as of Fiscal Year 2014.

universal forest products (UFPI) Key Developments

Universal Forest Products Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 2015; Reports Impairment Charges for the Second Quarter of 2015; Reaffirms Capital Expenditure Guidance for the Year 2015

Universal Forest Products Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 2015. For the quarter, the company reported net sales of USD 838.171 million compared to USD 772.752 million a year ago. Earnings from operations were USD 44.188 million compared to USD 36.723 million a year ago. Earnings before income taxes were USD 42.950 million compared to USD 36.037 million a year ago. Net earnings were USD 26.884 million compared to USD 22.449 million a year ago. Net earnings attributable to controlling interest were USD 25.976 million compared to USD 21.789 million a year ago. Diluted earnings per share were USD 1.28 compared to USD 1.08 a year ago. Overall sales for the quarter increased 8.5% due to a 10.5% increase in unit sales, offset by a 2% decrease in selling prices. For the six months, the company reported net sales of USD 1,471.195 million compared to USD 1,326.751 million a year ago. Earnings from operations were USD 62.051 million compared to USD 49.350 million a year ago. Earnings before income taxes were USD 59.858 million compared to USD 47.939 million a year ago. Net earnings were USD 37.688 million compared to USD 30.115 million a year ago. Net earnings attributable to controlling interest were USD 36.138 million compared to USD 29.004 million a year ago. Basic and diluted earnings per share were USD 1.79 compared to USD 1.44 a year ago. Net cash from operating activities was USD 36.822 million compared to USD 22.804 million a year ago. Purchases of property, plant, and equipment were USD 27.756 million compared to USD 20.100 million a year ago. Purchases of non-controlling interest were USD 1.256 million. EBITDA for the first half 2015 was USD 83 million compared with USD 67 million last year. For the quarter, the company reported impairment of assets of USD 0.176 million compared to USD 0.324 million a year ago. The company still plans to spend approximately USD 45 million on capital expenditures for the year 2015.

Universal Forest Products Inc., Q2 2015 Earnings Call, Jul 16, 2015

Universal Forest Products Inc., Q2 2015 Earnings Call, Jul 16, 2015

The Universal Forest Products, Inc. Approves Semiannual Dividend, Payable on June 15, 2015

The Universal Forest Products Inc.'s Board of Directors approved a semiannual dividend payment of $0.40 per share at their April 15, 2015, meeting. The dividend is payable on June 15, 2015, to shareholders of record on June 1, 2015.

 

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Industry Analysis

UFPI

Industry Average

Valuation UFPI Industry Range
Price/Earnings 18.7x
Price/Sales 0.4x
Price/Book 1.7x
Price/Cash Flow 18.7x
TEV/Sales 0.4x
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