Louisiana-Pacific Corporation (NYSE:LPX) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Louisiana‑Pacific has a consensus broker rating of Hold from 11 analysts (2 sell, 2 hold, 7 buy) with an average 12‑month price target of $101.57.
• Shares trade around $75.61 (1‑year range $68.87–$102.86) with a market cap of $5.28B and a PE of 36.18; the company beat quarterly EPS ($0.03 vs. -$0.06) while revenue fell 16.7% year‑over‑year.
• The firm raised its quarterly dividend to $0.30 ($1.20 annually, ~1.6% yield) and shows mixed insider activity—a director bought 20,000 shares while insiders sold ~43,798 shares in the past 90 days—amid heavy institutional ownership (~94.7%).

Louisiana-Pacific Corporation (NYSE:LPX - Get Free Report) has been given a consensus recommendation of "Hold" by the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $101.5714.

A number of equities analysts recently commented on LPX shares. Truist Financial boosted their price objective on shares of Louisiana-Pacific from $102.00 to $108.00 and gave the stock a "buy" rating in a research note on Tuesday, January 6th. BMO Capital Markets reduced their price objective on shares of Louisiana-Pacific from $98.00 to $94.00 and set a "market perform" rating for the company in a research note on Monday, April 20th. Weiss Ratings downgraded shares of Louisiana-Pacific from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, April 21st. Barclays reduced their price objective on shares of Louisiana-Pacific from $104.00 to $90.00 and set an "overweight" rating for the company in a research note on Wednesday, April 8th. Finally, Oppenheimer reissued an "outperform" rating on shares of Louisiana-Pacific in a research note on Tuesday, March 3rd.

Louisiana-Pacific Stock Down 1.2%

Shares of NYSE:LPX opened at $75.61 on Wednesday. Louisiana-Pacific has a 1 year low of $68.87 and a 1 year high of $102.86. The business has a 50 day simple moving average of $76.30 and a two-hundred day simple moving average of $82.66. The firm has a market capitalization of $5.28 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 1.17 and a beta of 1.78. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.78 and a quick ratio of 1.53.

Louisiana-Pacific (NYSE:LPX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The building manufacturing company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.09. The firm had revenue of $567.00 million during the quarter, compared to analyst estimates of $589.96 million. Louisiana-Pacific had a return on equity of 10.72% and a net margin of 5.39%.Louisiana-Pacific's quarterly revenue was down 16.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. On average, equities analysts predict that Louisiana-Pacific will post 2.7 EPS for the current year.

Louisiana-Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.30 per share. The ex-dividend date was Friday, February 27th. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. This is a boost from Louisiana-Pacific's previous quarterly dividend of $0.28. Louisiana-Pacific's dividend payout ratio (DPR) is currently 53.59%.

Insider Activity at Louisiana-Pacific

In related news, Director Lizanne M. Bruce sold 1,300 shares of the company's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $78.59, for a total value of $102,167.00. Following the transaction, the director directly owned 17,160 shares of the company's stock, valued at $1,348,604.40. This represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director F Nicholas Grasberger III bought 20,000 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average cost of $85.49 per share, for a total transaction of $1,709,800.00. Following the completion of the transaction, the director owned 38,954 shares in the company, valued at $3,330,177.46. This trade represents a 105.52% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 43,798 shares of company stock valued at $3,844,196 in the last ninety days. Company insiders own 0.65% of the company's stock.

Hedge Funds Weigh In On Louisiana-Pacific

Several hedge funds have recently made changes to their positions in the company. Boston Partners acquired a new stake in Louisiana-Pacific during the 3rd quarter worth about $100,770,000. Capital Research Global Investors grew its position in Louisiana-Pacific by 306.2% during the 4th quarter. Capital Research Global Investors now owns 1,273,497 shares of the building manufacturing company's stock worth $102,848,000 after purchasing an additional 960,000 shares during the period. Eminence Capital LP grew its position in Louisiana-Pacific by 29.9% during the 4th quarter. Eminence Capital LP now owns 4,048,136 shares of the building manufacturing company's stock worth $326,927,000 after purchasing an additional 932,177 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in Louisiana-Pacific during the 1st quarter worth about $56,596,000. Finally, Norges Bank acquired a new stake in Louisiana-Pacific during the 4th quarter worth about $60,184,000. 94.73% of the stock is owned by institutional investors and hedge funds.

About Louisiana-Pacific

Louisiana-Pacific Corporation NYSE: LPX is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.

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