NYSE:LPX - Louisiana-Pacific Stock Price, Forecast & News

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

Louisiana-Pacific declared a quarterly dividend on Monday, November 4th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.135 per share on Wednesday, December 4th. This represents a $0.54 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, November 13th. View Louisiana-Pacific's Dividend History.

Louisiana-Pacific declared that its Board of Directors has initiated a stock repurchase program on Tuesday, August 7th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Louisiana-Pacific Co. (NYSE:LPX) posted its earnings results on Tuesday, November, 5th. The building manufacturing company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.10. The building manufacturing company earned $603 million during the quarter, compared to the consensus estimate of $606.71 million. Louisiana-Pacific had a net margin of 2.67% and a return on equity of 4.93%. The firm's revenue was down 18.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 EPS. View Louisiana-Pacific's Earnings History.

Louisiana-Pacific is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Louisiana-Pacific.

6 analysts have issued 1 year price objectives for Louisiana-Pacific's shares. Their forecasts range from $24.75 to $35.00. On average, they anticipate Louisiana-Pacific's stock price to reach $31.46 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Louisiana-Pacific.

Press coverage about LPX stock has trended extremely negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage about the building manufacturing company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Louisiana-Pacific.

Louisiana-Pacific saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,700,000 shares, an increase of 7.3% from the December 15th total of 5,310,000 shares. Based on an average daily trading volume, of 1,430,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 4.9% of the company's shares are sold short. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Masco (MAS), HEIDELBERGCEMEN/ADR (HDELY), CHINA RWY CONST/ADR (CWYCY), CHINA RWY GRP L/ADR (CRWOY), Jacobs Engineering (J), Jacobs Engineering Group (JEC), PERSIMMON/ADR (PSMMY), Nippon Paint (NPCPF), CHINA COMMUNICA/ADR (CCCGY), Rollins (ROL), PulteGroup (PHM), United Rentals (URI), Atlas Copco (ALFVY), RPM International (RPM) and James Hardie Industries (JHX).

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

Louisiana-Pacific's stock is owned by many different of retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.20%), Nisa Investment Advisors LLC (0.10%), Patten & Patten Inc. TN (0.10%), Tocqueville Asset Management L.P. (0.08%), State of Michigan Retirement System (0.03%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman 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 New York State Teachers Retirement System, State of Alaska Department of Revenue, Alpha Windward LLC, Louisiana State Employees Retirement System, State of Michigan Retirement System, Strategic Wealth Management Group LLC, First Midwest Bank Trust Division and Tocqueville Asset Management L.P.. View Insider Buying and Selling for Louisiana-Pacific.

LPX stock was bought by a variety of institutional investors in the last quarter, including Meyer Handelman Co., Cerebellum GP LLC, NEXT Financial Group Inc, Patten & Patten Inc. TN, Nisa Investment Advisors LLC and 6 Meridian. View Insider Buying and Selling 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 $31.07.

Louisiana-Pacific has a market capitalization of $3.65 billion and generates $2.83 billion in revenue each year. The building manufacturing company earns $394.60 million in net income (profit) each year or $2.74 on an earnings per share basis. Louisiana-Pacific employs 4,900 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, NASHVILLE TN, 37219. The building manufacturing company can be reached via phone at 615-986-5600.