Last $39.35 USD
Change Today +0.21 / 0.54%
Volume 3.2K
UFPI On Other Exchanges
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Exchange
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As of 9:46 AM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

universal forest products (UFPI) Snapshot

Open
$39.07
Previous Close
$39.14
Day High
$39.57
Day Low
$39.07
52 Week High
09/25/12 - $43.36
52 Week Low
08/16/12 - $30.76
Market Cap
779.1M
Average Volume 10 Days
51.7K
EPS TTM
$1.12
Shares Outstanding
19.8M
EX-Date
05/29/13
P/E TM
35.1x
Dividend
$0.40
Dividend Yield
1.02%
Current Stock Chart for UNIVERSAL FOREST PRODUCTS (UFPI)

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universal forest products (UFPI) Details

Universal Forest Products, Inc., through its subsidiaries, primarily designs, manufactures, and markets wood and wood-alternative products for retail building home centers and other retailers. Its products comprise dimensional lumber, such as preserved and unpreserved lumber, and various value-added products; conventional lumber products; composite wood and plastic products; and engineered wood products that comprise roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. The company also offers structural lumber and other products, such as roof trusses, cut and shaped lumber, plywood, particle board, and dimensional lumber for the manufactured housing industry; engineered wood components for the residential construction market; and specialty wood packaging, and components and packing materials consisting of pallets, specialty crates, and wooden boxes for various industries. In addition, it provides outdoor living products, including wood composite decking, decorative balusters, post caps, and plastic lattice; lawn and garden products, such as trellises and arches, as well as offers framing services for the residential market and forming products for concrete construction. The company sells its products in the United States and internationally. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.

5,200 Employees
Last Reported Date: 02/26/13
Founded in 1955

universal forest products (UFPI) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $506.9K
President and Chief Operating Officer
Total Annual Compensation: $369.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $297.7K
President of UFP Eastern Division Inc
Total Annual Compensation: $276.8K
President of UFP Western Division Inc
Total Annual Compensation: $233.3K
Compensation as of Fiscal Year 2012.

universal forest products (UFPI) Key Developments

Universal Forest Products Inc. Approves Semiannual Dividend Payable on June 15, 2013

Universal Forest Products Inc. announced that the company's Board of Directors approved a semiannual dividend payment of $0.20 per share at their April 17, 2013 meeting. The dividend is payable on June 15, 2013, to shareholders of record on June 1, 2013.

Universal Forest Products Inc. Announces Earnings Results for the First Quarter of 2013

Universal Forest Products Inc. announced earnings results for the first quarter of 2013. For the quarter, net sales of $554.5 million, up 21.3% over net sales for the same period of 2012. Net earnings were $5.2 million, up 25.7% over the same period of last year. Diluted earnings per share were $0.26, compared to $0.21 for the first quarter of 2012. Cash flow used in operating activities in 2013 is comprised of net earnings of $6 million and $8 million of noncash expenses, offset by a $79 million increase in working capital since last December. Capital expenditures totaled $8.1 million, which includes $2.2 million related to expanding capacity for new products and industrial business. Overall sales increased 21% due to a 19% increase in prices and a 2% increase in units. Unit sales increased as a result of business acquisitions and results vary quite a bit by market.

Universal Forest Products Inc., Annual General Meeting, Apr 17, 2013

Universal Forest Products Inc., Annual General Meeting, Apr 17, 2013., at 08:30 US Eastern Standard Time. Location: Technology and Training Building. Agenda: To elect three directors for three year terms expiring in 2016; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2013; to consider an advisory vote on executive compensation; to consider a shareholder proposal to amend equal employment opportunity policy; and to approve the transaction of such other business as may properly come before the meeting or any adjournment thereof.

 

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Industry Analysis

UFPI

Industry Average

Valuation UFPI Industry Range
Price/Earnings 31.1x
Price/Sales 0.4x
Price/Book 1.3x
Price/Cash Flow 31.2x
TEV/Sales -- Not Meaningful
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