NYSE:LPX - Louisiana-Pacific Stock Price, Forecast & News

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 given a dividend of $0.135 per share on Wednesday, December 4th. This represents a $0.54 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Wednesday, November 13th. View Louisiana-Pacific's Dividend History.

Louisiana-Pacific announced that its Board of Directors has initiated a share repurchase program on Tuesday, August 7th 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Louisiana-Pacific Co. (NYSE:LPX) announced its earnings results on Tuesday, November, 5th. The building manufacturing company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.10. The building manufacturing company had revenue of $603 million for the quarter, compared to analysts' expectations of $606.71 million. Louisiana-Pacific had a return on equity of 4.93% and a net margin of 2.67%. The business's revenue for the quarter was down 18.2% compared to the same quarter last year. During the same quarter in the prior year, the company 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 Wall Street analysts have issued 1-year price objectives for Louisiana-Pacific's stock. Their forecasts range from $24.75 to $35.00. On average, they expect Louisiana-Pacific's stock price to reach $31.46 in the next twelve months. This suggests a possible upside of 9.3% 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.

News stories about LPX stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Louisiana-Pacific earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the building manufacturing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Louisiana-Pacific.

Louisiana-Pacific saw a decrease in short interest during the month of 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. Approximately 4.6% of the company's shares are short sold. View Louisiana-Pacific's Current Options Chain.

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

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 many different of retail and institutional investors. Top institutional shareholders include Millennium Management LLC (3.68%), State Street Corp (3.38%), Owl Creek Asset Management L.P. (1.78%), Pictet Asset Management Ltd. (0.87%), First Trust Advisors LP (0.67%) and Gamco Investors INC. ET AL (0.50%). 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 Man Group plc, Tocqueville Asset Management L.P., Pictet Asset Management Ltd., California Public Employees Retirement System, Dupont Capital Management Corp, Voya Investment Management LLC, State Street Corp and Comerica Bank. View Insider Buying and Selling for Louisiana-Pacific.

LPX stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Parametric Portfolio Associates LLC, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, 6 Meridian, First Trust Advisors LP, Oppenheimer & Co. Inc. and Owl Creek Asset Management L.P.. 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 $28.79.

Louisiana-Pacific has a market capitalization of $3.38 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.