Louisiana-Pacific - LPX Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research 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.
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5 brokers have issued twelve-month target prices for Louisiana-Pacific's shares. Their LPX share price forecasts range from $47.00 to $65.00. On average, they predict the company's share price to reach $59.20 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for LPX or view top-rated stocks among Wall Street analysts.

Louisiana-Pacific's stock was trading at $59.20 at the beginning of 2023. Since then, LPX shares have decreased by 7.3% and is now trading at $54.89.
View the best growth stocks for 2023 here.

Louisiana-Pacific saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 3,300,000 shares, a decrease of 6.8% from the February 13th total of 3,540,000 shares. Based on an average daily volume of 815,400 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.7% of the company's shares are sold short.
View Louisiana-Pacific's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our LPX earnings forecast.

Louisiana-Pacific Co. (NYSE:LPX) issued its quarterly earnings results on Tuesday, February, 21st. The building manufacturing company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The building manufacturing company earned $705 million during the quarter, compared to analyst estimates of $695.37 million. Louisiana-Pacific had a trailing twelve-month return on equity of 64.50% and a net margin of 26.99%. Louisiana-Pacific's quarterly revenue was down 15.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.24 earnings per share.

Louisiana-Pacific declared a quarterly dividend on Friday, February 17th. Shareholders of record on Friday, March 10th will be given a dividend of $0.24 per share on Friday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, March 9th. This is a positive change from the stock's previous quarterly dividend of $0.22.
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 DWA Basic Materials Momentum ETF (PYZ), Invesco MSCI Global Timber ETF (CUT), iShares Factors US Growth Style ETF (STLG), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) 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 1.70%. 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 7.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPX will have a dividend payout ratio of 23.02% 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 Berkshire Hathaway Inc (9.83%), First Trust Advisors LP (4.36%), Dimensional Fund Advisors LP (3.38%), Macquarie Group Ltd. (3.05%), LSV Asset Management (2.33%) and Barclays PLC (1.56%). 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 $54.89.

Louisiana-Pacific (NYSE:LPX) has a market capitalization of $3.95 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 $13.27 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.