Louisiana-Pacific Stock Forecast, Price & 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 34.5% and is now trading at $29.59.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Louisiana-Pacific.

Louisiana-Pacific is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Louisiana-Pacific.

Louisiana-Pacific Co. (NYSE:LPX) issued its quarterly earnings data on Tuesday, August, 4th. The building manufacturing company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.25. The building manufacturing company had revenue of $548 million for the quarter, compared to analyst estimates of $531.91 million. Louisiana-Pacific had a return on equity of 9.74% and a net margin of 0.75%. The firm's revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share.
View Louisiana-Pacific's earnings history.

Louisiana-Pacific declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 14th will be given a dividend of $0.145 per share on Tuesday, September 1st. This represents a $0.58 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, August 13th.
View Louisiana-Pacific's dividend history.

8 brokerages have issued 12-month target prices for Louisiana-Pacific's shares. Their forecasts range from $27.00 to $37.00. On average, they expect Louisiana-Pacific's share price to reach $31.86 in the next year. This suggests a possible upside of 7.7% from the stock's current price.
View analysts' price targets for Louisiana-Pacific.

Louisiana-Pacific saw a drop in short interest in August. As of August 31st, there was short interest totaling 1,720,000 shares, a drop of 18.5% from the August 15th total of 2,110,000 shares. Based on an average daily volume of 1,340,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.5% of the company's shares are short sold.
View Louisiana-Pacific's Short Interest.

Some companies that are related to Louisiana-Pacific include ATLANTIA SPA/ADR (ATASY), SEKISUI HOUSE L/S (SKHSY), United Rentals (URI), Jacobs Engineering Group (JEC), PulteGroup (PHM), Jacobs Engineering (J), HEIDELBERGCEMEN/ADR (HDELY), CHINA RWY GRP L/ADR (CRWOY), RPM International (RPM), Spirax-Sarco Engineering (SPXSF), Lennox International (LII), James Hardie Industries (JHX), PERSIMMON/ADR (PSMMY), CHINA RWY CONST/ADR (CWYCY) and Atlas Copco (ALFVY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include Pfizer (PFE), Intel (INTC), AT&T (T), Energy Transfer LP Unit (ET), General Electric (GE), Advanced Micro Devices (AMD), Ford Motor (F), D. R. Horton (DHI), Micron Technology (MU) and Procter & Gamble (PG).

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.22%), Bank of New York Mellon Corp (7.38%), Macquarie Group Ltd. (3.51%), Thrivent Financial for Lutherans (2.35%), Impala Asset Management LLC (2.10%) and FMR LLC (1.91%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Kurt M Landgraf, 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 Impala Asset Management LLC, Vanguard Group Inc., Point72 Asset Management L.P., Jacobs Levy Equity Management Inc., AJO LP, Victory Capital Management Inc., Prudential Financial Inc., and Charles Schwab Investment Management Inc.. Company insiders that have sold Louisiana-Pacific company stock in the last year include Gary Cook, and Kurt M Landgraf.
View insider buying and selling activity for Louisiana-Pacific.

LPX stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Goldman Sachs Group Inc., Macquarie Group Ltd., Platinum Investment Management Ltd., FMR LLC, Thrivent Financial for Lutherans, Ziegler Capital Management LLC, and Gradient Investments 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 $29.59.

Louisiana-Pacific has a market capitalization of $3.32 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 or via email at [email protected]