Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building products. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are used principally in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products in South America and various export markets. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, manufactured housing producers, distributors, and wholesalers in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lumber & wood products, except furniture
Sub-IndustryForest Products
SectorConstruction
SymbolNYSE:LPX
CUSIP54634710
Phone615-986-5600
Debt
Debt-to-Equity Ratio0.20
Current Ratio5.68
Quick Ratio4.57
Price-To-Earnings
Trailing P/E Ratio11.92
Forward P/E Ratio9.06
P/E Growth1.82
Sales & Book Value
Annual Sales$2.73 billion
Price / Sales1.47
Cash Flow$3.1896 per share
Price / Cash8.81
Book Value$11.07 per share
Price / Book2.54
Profitability
EPS (Most Recent Fiscal Year)$2.33
Net Income$389.80 million
Net Margins16.85%
Return on Equity28.21%
Return on Assets18.59%
Miscellaneous
Employees5,000
Outstanding Shares142,720,000
Market Cap$4.03 billion
Louisiana-Pacific (NYSE:LPX) Frequently Asked Questions
What is Louisiana-Pacific's stock symbol?
Louisiana-Pacific trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPX."
How often does Louisiana-Pacific pay dividends? What is the dividend yield for Louisiana-Pacific?
Louisiana-Pacific announced a quarterly dividend on Friday, August 3rd. Stockholders of record on Friday, August 17th will be paid a dividend of $0.13 per share on Friday, August 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, August 16th. View Louisiana-Pacific's Dividend History.
How will Louisiana-Pacific's stock buyback program work?
Louisiana-Pacific declared that its board has approved a stock buyback program on Tuesday, August 7th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.
How were Louisiana-Pacific's earnings last quarter?
Louisiana-Pacific Co. (NYSE:LPX) issued its quarterly earnings data on Tuesday, August, 7th. The construction company reported $1.08 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.98 by $0.10. The construction company had revenue of $810.80 million for the quarter, compared to the consensus estimate of $788.55 million. Louisiana-Pacific had a return on equity of 28.21% and a net margin of 16.85%. View Louisiana-Pacific's Earnings History.
When is Louisiana-Pacific's next earnings date?
What price target have analysts set for LPX?
9 brokerages have issued 12 month price targets for Louisiana-Pacific's stock. Their forecasts range from $27.00 to $39.00. On average, they anticipate Louisiana-Pacific's share price to reach $33.5714 in the next year. This suggests a possible upside of 19.5% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.
What is the consensus analysts' recommendation for Louisiana-Pacific?
9 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Louisiana-Pacific.
Who are some of Louisiana-Pacific's key competitors?
Some companies that are related to Louisiana-Pacific include HEIDELBERGCEMEN/ADR (HDELY), D. R. Horton (DHI), Vulcan Materials (VMC), United Rentals (URI), Rollins (ROL), Lennar Co. Class B (LEN.B), Nippon Paint (NPCPF), Martin Marietta Materials (MLM), Masco (MAS), Jacobs Engineering Group (JEC), SEKISUI HOUSE L/S (SKHSY), Cemex SAB de CV (CX), PERSIMMON/ADR (PSMMY), NVR (NVR) and RPM International (RPM).
Who are Louisiana-Pacific's key executives?
Louisiana-Pacific's management team includes the folowing people:
- Mr. William Bradley Southern, CEO & Director (Age 58)
- Mr. Michael J. Sims, Sr. VP of Sales, Marketing & Strategy (Age 60)
- Mr. Neil Sherman, Exec. VP of the Siding Bus. (Age 55)
- Mr. Jason Ringblom, Exec. VP of the OSB & EWP (Age 35)
- Mr. Michael E. Kinney, Interim CFO & Treasurer (Age 60)
Who are Louisiana-Pacific's major shareholders?
Louisiana-Pacific's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.69%), Bank of New York Mellon Corp (3.11%), Bank of New York Mellon Corp (3.17%), Dimensional Fund Advisors LP (2.95%), Acadian Asset Management LLC (1.97%) and Northern Trust Corp (1.57%). Company insiders that own Louisiana-Pacific stock include Curtis M Stevens, Daniel K Frierson, Gary Cook, Kurt M Landgraf, Lizanne C Gottung, Michael Emory Kinney, Michael Sims, Neil Sherman, Rebecca Anne Barckley and William Bradley Southern. View Institutional Ownership Trends for Louisiana-Pacific.
Which institutional investors are selling Louisiana-Pacific stock?
LPX stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, FMR LLC, Capital Fund Management S.A., Convergence Investment Partners LLC, Royce & Associates LP, Alambic Investment Management L.P., Victory Capital Management Inc. and Chicago Equity Partners LLC. Company insiders that have sold Louisiana-Pacific company stock in the last year include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman and William Bradley Southern. View Insider Buying and Selling for Louisiana-Pacific.
Which institutional investors are buying Louisiana-Pacific stock?
LPX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Schroder Investment Management Group, Schroder Investment Management Group, Acadian Asset Management LLC, Wells Fargo & Company MN, Bank of Nova Scotia, Bank of New York Mellon Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Louisiana-Pacific.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Louisiana-Pacific's stock price today?
One share of LPX stock can currently be purchased for approximately $28.10.
How big of a company is Louisiana-Pacific?
Louisiana-Pacific has a market capitalization of $4.03 billion and generates $2.73 billion in revenue each year. The construction company earns $389.80 million in net income (profit) each year or $2.33 on an earnings per share basis. Louisiana-Pacific employs 5,000 workers across the globe.
What is Louisiana-Pacific's official website?
How can I contact Louisiana-Pacific?
Louisiana-Pacific's mailing address is 414 UNION STREET, NASHVILLE TN, 37219. The construction company can be reached via phone at 615-986-5600.
MarketBeat Community Rating for Louisiana-Pacific (NYSE LPX)
MarketBeat's community ratings are surveys of what our community members think about Louisiana-Pacific and other stocks. Vote "Outperform" if you believe LPX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LPX will underperform the S&P 500 over the long term. You may vote once every thirty days.
