Louisiana-Pacific Stock Price, Forecast & Analysis (NYSE:LPX)

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

Louisiana-Pacific announced a quarterly dividend on Monday, November 4th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.135 per share on Wednesday, December 4th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Wednesday, November 13th. View Louisiana-Pacific's Dividend History.

Louisiana-Pacific declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 7th 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Louisiana-Pacific Co. (NYSE:LPX) issued its quarterly earnings results on Tuesday, November, 5th. The building manufacturing company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.10. The building manufacturing company earned $603 million during the quarter, compared to analysts' expectations of $606.71 million. Louisiana-Pacific had a net margin of 2.67% and a return on equity of 4.93%. The business's revenue was down 18.2% on a year-over-year basis. During the same quarter last year, the business posted $0.83 earnings per share. View Louisiana-Pacific's Earnings History.

Louisiana-Pacific is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Louisiana-Pacific.

6 brokerages have issued twelve-month price targets for Louisiana-Pacific's stock. Their forecasts range from $24.75 to $35.00. On average, they expect Louisiana-Pacific's share price to reach $31.46 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Louisiana-Pacific.

Headlines about LPX stock have trended very positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Louisiana-Pacific earned a news sentiment score of 3.6 on InfoTrie's scale. They also assigned media stories about the building manufacturing company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Louisiana-Pacific.

Louisiana-Pacific saw a decrease in short interest in October. As of October 31st, there was short interest totalling 5,420,000 shares, a decrease of 14.2% from the September 30th total of 6,320,000 shares. Based on an average daily volume of 1,890,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.6% of the shares of the company are sold short. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Masco (MAS), Jacobs Engineering Group (JEC), Nippon Paint (NPCPF), CHINA COMMUNICA/ADR (CCCGY), Rollins (ROL), United Rentals (URI), PulteGroup (PHM), Atlas Copco (ALFVY), PERSIMMON/ADR (PSMMY), Lennox International (LII), RPM International (RPM), James Hardie Industries (JHX), Spirax-Sarco Engineering (SPXSF), ANHUI CONCH CEM/ADR (AHCHY) and SHIMIZU CORP/ADR (SHMUY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include General Electric (GE), Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Intel (INTC), Micron Technology (MU), Walt Disney (DIS), Pfizer (PFE), CBL & Associates Properties (CBL) and Cornerstone Total Return Fund (CRF).

Louisiana-Pacific's stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.67%), Gamco Investors INC. ET AL (0.50%), Russell Investments Group Ltd. (0.38%), Rhumbline Advisers (0.35%), California Public Employees Retirement System (0.25%) and New York State Teachers Retirement System (0.21%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman and William Bradley Southern. View Institutional Ownership Trends for Louisiana-Pacific.

LPX stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., California Public Employees Retirement System, Dupont Capital Management Corp, Comerica Bank, SG Americas Securities LLC, New York State Teachers Retirement System, Boston Advisors LLC and Hancock Whitney Corp. View Insider Buying and Selling for Louisiana-Pacific.

LPX stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, 6 Meridian, First Trust Advisors LP, Oppenheimer & Co. Inc., 6 Meridian, State of Alaska Department of Revenue and Tower Research Capital LLC TRC. View Insider Buying and Selling for Louisiana-Pacific.

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

One share of LPX stock can currently be purchased for approximately $29.19.

Louisiana-Pacific has a market capitalization of $3.43 billion and generates $2.83 billion in revenue each year. The building manufacturing company earns $394.60 million in net income (profit) each year or $2.74 on an earnings per share basis. Louisiana-Pacific employs 4,900 workers across the globe.View Additional Information About Louisiana-Pacific.

The official website for Louisiana-Pacific is http://www.lpcorp.com/.

Louisiana-Pacific's mailing address is 414 UNION STREET, NASHVILLE TN, 37219. The building manufacturing company can be reached via phone at 615-986-5600.