NYSE:LPXLouisiana-Pacific Stock Price, Forecast & News

Louisiana-Pacific's stock was trading at $22.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LPX shares have increased by 26.5% and is now trading at $27.82. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Louisiana-Pacific.

Louisiana-Pacific is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Louisiana-Pacific.

Louisiana-Pacific Co. (NYSE:LPX) issued its earnings results on Tuesday, May, 5th. The building manufacturing company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The building manufacturing company had revenue of $585 million for the quarter, compared to analyst estimates of $581.98 million. Louisiana-Pacific had a net margin of 0.04% and a return on equity of 5.91%. The company's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 earnings per share. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.145 per share on Monday, June 1st. This represents a $0.58 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific announced that its Board of Directors has initiated a stock repurchase program on Tuesday, August 7th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase 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.

8 equities research analysts have issued twelve-month target prices for Louisiana-Pacific's stock. Their forecasts range from $26.00 to $34.00. On average, they expect Louisiana-Pacific's stock price to reach $29.33 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Media stories about LPX stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines 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 company's share price in the near term. View the latest news about Louisiana-Pacific.

Louisiana-Pacific saw a drop in short interest in June. As of June 30th, there was short interest totaling 2,330,000 shares, a drop of 19.4% from the June 15th total of 2,890,000 shares. Based on an average trading volume of 1,630,000 shares, the short-interest ratio is presently 1.4 days. Approximately 2.1% 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 NVR (NVR), United Rentals (URI), HEIDELBERGCEMEN/ADR (HDELY), PERSIMMON/ADR (PSMMY), Jacobs Engineering Group (JEC), Jacobs Engineering (J), CHINA COMMUNICA/ADR (CCCGY), RPM International (RPM), Spirax-Sarco Engineering (SPXSF), ANHUI CONCH CEM/ADR (AHCHY), Atlas Copco (ALFVY), PulteGroup (PHM), Lennox International (LII), James Hardie Industries (JHX) and Obayashi (OBYCF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include Intel (INTC), AT&T (T), Energy Transfer LP Unit (ET), General Electric (GE), Ford Motor (F), Walt Disney (DIS), Pfizer (PFE), Alibaba Group (BABA), Netflix (NFLX) and CBL & Associates Properties (CBL).

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

Louisiana-Pacific's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gradient Investments LLC (0.17%), TrimTabs Asset Management LLC (0.04%), Envestnet Asset Management Inc. (0.03%), Louisiana State Employees Retirement System (0.02%), Mount Yale Investment Advisors LLC (0.01%) and TRUE Private Wealth Advisors (0.01%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman, Stephen E Macadam 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 Envestnet Asset Management Inc., TRUE Private Wealth Advisors, and Louisiana State Employees Retirement System. View insider buying and selling activity for Louisiana-Pacific.

LPX stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, TrimTabs Asset Management LLC, and Mount Yale Investment Advisors LLC. Company insiders that have bought Louisiana-Pacific stock in the last two years include Stephen E Macadam, and William Bradley Southern. View insider buying and selling activity 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 $27.82.

Louisiana-Pacific has a market capitalization of $3.12 billion and generates $2.31 billion in revenue each year. The building manufacturing company earns $-5,000,000.00 in net income (profit) each year or $0.37 on an earnings per share basis. Louisiana-Pacific employs 4,800 workers across the globe.

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

Louisiana-Pacific's mailing address is 414 UNION STREET SUITE 2000, NASHVILLE TN, 37219. The building manufacturing company can be reached via phone at 615-986-5600.