NYSE:LPXLouisiana-Pacific Stock Price, Forecast & News

Louisiana-Pacific's stock was trading at $22.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LPX shares have increased by 20.0% and is now trading at $26.41. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 4 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) posted its earnings results on Tuesday, May, 5th. The building manufacturing company reported $0.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate 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 business's quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Tuesday, May 5th. Investors 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 dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific declared that its board has authorized a share repurchase plan on Tuesday, August 7th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

7 analysts have issued 1 year price objectives for Louisiana-Pacific's shares. Their forecasts range from $26.00 to $34.00. On average, they expect Louisiana-Pacific's share price to reach $29.80 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Press coverage about LPX stock has trended negative on Thursday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Louisiana-Pacific earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press 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 effect on the company's share price in the near future. View the latest news about Louisiana-Pacific.

Louisiana-Pacific saw a decrease in short interest in June. As of June 30th, there was short interest totaling 2,330,000 shares, a decrease of 19.4% from the June 15th total of 2,890,000 shares. Based on an average daily trading volume, of 1,630,000 shares, the short-interest ratio is presently 1.4 days. Approximately 2.1% of the shares of the stock are short sold. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Jacobs Engineering Group (JEC), Jacobs Engineering (J), HEIDELBERGCEMEN/ADR (HDELY), United Rentals (URI), CHINA COMMUNICA/ADR (CCCGY), RPM International (RPM), PERSIMMON/ADR (PSMMY), ANHUI CONCH CEM/ADR (AHCHY), Spirax-Sarco Engineering (SPXSF), Atlas Copco (ALFVY), PulteGroup (PHM), Lennox International (LII), James Hardie Industries (JHX), Obayashi (OBYCF) and Trex (TREX). 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 number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.03%) 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., and TRUE Private Wealth Advisors. 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 $26.41.

Louisiana-Pacific has a market capitalization of $2.96 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.