DA Davidson Expects Weaker Earnings for Louisiana-Pacific

Louisiana-Pacific Corporation (NYSE:LPX - Free Report) - Research analysts at DA Davidson decreased their FY2025 earnings per share estimates for Louisiana-Pacific in a research report issued on Thursday, June 26th. DA Davidson analyst K. Yinger now expects that the building manufacturing company will post earnings of $3.59 per share for the year, down from their previous estimate of $4.17. DA Davidson currently has a "Buy" rating and a $117.00 target price on the stock. The consensus estimate for Louisiana-Pacific's current full-year earnings is $5.27 per share. DA Davidson also issued estimates for Louisiana-Pacific's FY2026 earnings at $5.21 EPS.

Several other brokerages have also recently weighed in on LPX. Loop Capital raised Louisiana-Pacific from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research note on Wednesday, May 7th. Truist Financial dropped their target price on Louisiana-Pacific from $126.00 to $112.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Royal Bank Of Canada boosted their target price on Louisiana-Pacific from $114.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $106.63.

Louisiana-Pacific Trading Down 0.2%

Shares of NYSE LPX opened at $87.67 on Monday. The business's 50 day moving average is $89.57 and its two-hundred day moving average is $97.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.03 and a quick ratio of 1.59. Louisiana-Pacific has a 1-year low of $78.82 and a 1-year high of $122.87. The stock has a market capitalization of $6.10 billion, a P/E ratio of 15.38, a PEG ratio of 1.34 and a beta of 1.89.

Louisiana-Pacific (NYSE:LPX - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The building manufacturing company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.14. Louisiana-Pacific had a return on equity of 23.75% and a net margin of 13.74%. The company had revenue of $724.00 million for the quarter, compared to analysts' expectations of $711.66 million. During the same period in the previous year, the firm posted $1.53 earnings per share. The firm's revenue for the quarter was up .0% on a year-over-year basis.

Louisiana-Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Tuesday, May 20th were issued a $0.28 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.28%. Louisiana-Pacific's payout ratio is 19.65%.

Insider Activity at Louisiana-Pacific

In other Louisiana-Pacific news, Director Lizanne C. Gottung sold 1,179 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $89.52, for a total transaction of $105,544.08. Following the completion of the sale, the director now owns 18,838 shares in the company, valued at $1,686,377.76. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.42% of the stock is owned by company insiders.

Institutional Trading of Louisiana-Pacific

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Louisiana-Pacific by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 7,087,989 shares of the building manufacturing company's stock worth $733,961,000 after buying an additional 132,891 shares during the period. FMR LLC lifted its holdings in Louisiana-Pacific by 17.1% during the fourth quarter. FMR LLC now owns 3,708,649 shares of the building manufacturing company's stock worth $384,031,000 after buying an additional 540,703 shares during the period. 59 North Capital Management LP lifted its holdings in Louisiana-Pacific by 32.1% during the first quarter. 59 North Capital Management LP now owns 2,618,643 shares of the building manufacturing company's stock worth $240,863,000 after buying an additional 635,817 shares during the period. Eminence Capital LP lifted its holdings in Louisiana-Pacific by 16.0% during the first quarter. Eminence Capital LP now owns 1,675,943 shares of the building manufacturing company's stock worth $154,153,000 after buying an additional 230,837 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in Louisiana-Pacific by 2.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,266,145 shares of the building manufacturing company's stock worth $131,109,000 after buying an additional 24,285 shares during the period. Hedge funds and other institutional investors own 94.73% of the company's stock.

About Louisiana-Pacific

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.