Louisiana-Pacific (LPX) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPX, but not buy additional shares or sell existing shares.
View LPX analyst ratings or view top-rated stocks.

5 analysts have issued 12 month price targets for Louisiana-Pacific's stock. Their LPX share price forecasts range from $47.00 to $75.00. On average, they expect the company's stock price to reach $61.60 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts price targets for LPX or view top-rated stocks among Wall Street analysts.

Louisiana-Pacific's stock was trading at $59.20 on January 1st, 2023. Since then, LPX shares have increased by 8.1% and is now trading at $64.00.
View the best growth stocks for 2023 here.

Louisiana-Pacific saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,540,000 shares, an increase of 17.1% from the April 15th total of 2,170,000 shares. Based on an average daily volume of 940,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.6% of the shares of the company are short sold.
View Louisiana-Pacific's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our LPX earnings forecast.

Louisiana-Pacific Co. (NYSE:LPX) posted its quarterly earnings data on Wednesday, May, 3rd. The building manufacturing company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.07 by $0.27. The building manufacturing company earned $584 million during the quarter, compared to the consensus estimate of $618.23 million. Louisiana-Pacific had a net margin of 19.05% and a trailing twelve-month return on equity of 37.43%. Louisiana-Pacific's revenue for the quarter was down 56.3% compared to the same quarter last year. During the same quarter last year, the firm posted $5.08 earnings per share.

Louisiana-Pacific announced a quarterly dividend on Friday, April 28th. Shareholders of record on Friday, May 12th will be given a dividend of $0.24 per share on Friday, May 26th. This represents a $0.96 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for LPX.

ETFs with the largest weight of Louisiana-Pacific (NYSE:LPX) stock in their portfolio include The Acquirers Fund (ZIG), Invesco Dynamic Building & Construction ETF (PKB), Invesco MSCI Global Timber ETF (CUT), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI), iShares Factors US Growth Style ETF (STLG), Invesco DWA Basic Materials Momentum ETF (PYZ) and iShares Factors US Value Style ETF (STLV).

Louisiana-Pacific (NYSE:LPX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.50%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 12.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPX will have a dividend payout ratio of 26.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPX.

24 employees have rated Louisiana-Pacific Chief Executive Officer Brad Southern on Glassdoor.com. Brad Southern has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include Intel (INTC), Pfizer (PFE), AT&T (T), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), General Electric (GE), Boeing (BA), D.R. Horton (DHI) and Walt Disney (DIS).

Louisiana-Pacific trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPX."

Louisiana-Pacific's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.82%), Wellington Management Group LLP (4.67%), First Trust Advisors LP (4.61%), FMR LLC (4.57%), Dimensional Fund Advisors LP (3.22%) and State Street Corp (2.92%). Insiders that own company stock include Alan Haughie, Derek Nelson Doyle, Jason Paul Ringbloom, Kurt M Landgraf, Lizanne C Gottung, Michael Sims, Neil Sherman, Stephen E Macadam and William Bradley Southern.
View institutional ownership trends.

Shares of LPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LPX stock can currently be purchased for approximately $64.00.

Louisiana-Pacific (NYSE:LPX) has a market capitalization of $4.61 billion and generates $3.85 billion in revenue each year. The building manufacturing company earns $1.09 billion in net income (profit) each year or $7.96 on an earnings per share basis.

The company employs 4,300 workers across the globe.

Louisiana-Pacific's mailing address is 414 UNION STREET SUITE 2000, NASHVILLE TN, 37219. The official website for the company is www.lpcorp.com. The building manufacturing company can be reached via phone at (615) 986-5600, via email at aaron.howald@lpcorp.com, or via fax at 877-523-7192.