NYSE:LPX - Louisiana-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 (WHO). Since then, LPX shares have decreased by 34.0% and is now trading at $14.53. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 3 hold ratings and 3 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, May 5th 2020. View our earnings forecast for Louisiana-Pacific.

Louisiana-Pacific Co. (NYSE:LPX) released its earnings results on Tuesday, February, 11th. The building manufacturing company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.10 by $0.05. The building manufacturing company earned $537 million during the quarter, compared to the consensus estimate of $561.45 million. Louisiana-Pacific had a positive return on equity of 3.79% and a negative net margin of 0.22%. The business's quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.19 EPS. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Friday, February 7th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.145 per share on Monday, March 2nd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Friday, February 14th. This is a positive change from Louisiana-Pacific's previous quarterly dividend of $0.14. View Louisiana-Pacific's dividend history.

Louisiana-Pacific declared that its Board of Directors has approved a stock repurchase plan 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 reacquire up to 3.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

6 brokerages have issued 1 year target prices for Louisiana-Pacific's shares. Their forecasts range from $20.00 to $34.00. On average, they expect Louisiana-Pacific's share price to reach $28.13 in the next twelve months. This suggests a possible upside of 93.6% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Media coverage about LPX stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. 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 daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the building manufacturing company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutLouisiana-Pacific.

Louisiana-Pacific saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,804,900 shares, an increase of 9.0% from the February 27th total of 3,490,000 shares. Based on an average trading volume of 1,340,000 shares, the short-interest ratio is presently 2.8 days. Approximately 3.4% of the company's shares are short sold. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include SHIMIZU CORP/ADR (SHMUY), Watsco (WSO), PulteGroup (PHM), Watsco (WSO.B), Jiangsu Expressway (JEXYY), James Hardie Industries (JHX), TAYLOR WIMPEY P/ADR (TWODY), Aecom (ACM), Quanta Services (PWR), Trex (TREX), Owens Corning (OC), BABCOCK Intl Gr/ADR (BCKIY), Armstrong World Industries (AWI), Servicemaster Global (SERV) and Buzzi Unicem (BZZUF).

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

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

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 $14.53.

Louisiana-Pacific has a market capitalization of $1.63 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. View additional information about Louisiana-Pacific.

The official website for Louisiana-Pacific is http://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.