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 22.7% and is now trading at $26.99. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 5 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) issued its quarterly earnings data 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 earned $585 million during the quarter, compared to analysts' expectations of $581.98 million. Louisiana-Pacific had a net margin of 0.04% and a return on equity of 5.91%. The company's revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 earnings per share. View Louisiana-Pacific's earnings history.

Louisiana-Pacific declared 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 2.15%. The ex-dividend date is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific declared that its Board of Directors has initiated a share buyback program on Tuesday, August 7th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

8 equities research analysts have issued twelve-month target prices for Louisiana-Pacific's stock. Their forecasts range from $26.00 to $34.00. On average, they expect Louisiana-Pacific's stock price to reach $29.33 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Press coverage about LPX stock has been trending very negative on Sunday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring 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 nearest to five being the most favorable. Louisiana-Pacific earned a daily sentiment score of -3.8 on InfoTrie's scale. They also gave news articles 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 next several days. View the latest news about Louisiana-Pacific.

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

Some companies that are related to Louisiana-Pacific include CHINA RWY GRP L/ADR (CRWOY), NVR (NVR), Jacobs Engineering Group (JEC), HEIDELBERGCEMEN/ADR (HDELY), United Rentals (URI), PERSIMMON/ADR (PSMMY), Jacobs Engineering (J), CHINA COMMUNICA/ADR (CCCGY), RPM International (RPM), Spirax-Sarco Engineering (SPXSF), ANHUI CONCH CEM/ADR (AHCHY), PulteGroup (PHM), Atlas Copco (ALFVY), Lennox International (LII) and James Hardie Industries (JHX). 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 variety of retail and institutional investors. Top institutional investors include Gradient Investments LLC (0.17%), TrimTabs Asset Management LLC (0.04%), Envestnet Asset Management Inc. (0.03%), Mount Yale Investment Advisors LLC (0.01%) 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.

LPX stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, TrimTabs Asset Management LLC, and Mount Yale Investment Advisors 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 $26.99.

Louisiana-Pacific has a market capitalization of $3.03 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.