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 38.5% and is now trading at $30.47.
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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) announced its earnings results 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 earned $548 million during the quarter, compared to the consensus estimate of $531.91 million. Louisiana-Pacific had a net margin of 0.75% and a return on equity of 9.74%. The business's quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share.
View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.145 per share on Tuesday, September 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, August 13th.
View Louisiana-Pacific's dividend history.

8 Wall Street analysts have issued twelve-month price objectives for Louisiana-Pacific's shares. Their forecasts range from $27.00 to $37.00. On average, they anticipate Louisiana-Pacific's share price to reach $31.86 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for Louisiana-Pacific.

Louisiana-Pacific saw a drop in short interest in the month of 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 trading volume, of 1,340,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.5% of the company's stock 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), PulteGroup (PHM), Jacobs Engineering Group (JEC), United Rentals (URI), Jacobs Engineering (J), HEIDELBERGCEMEN/ADR (HDELY), CHINA RWY GRP L/ADR (CRWOY), RPM International (RPM), Lennox International (LII), Spirax-Sarco Engineering (SPXSF), James Hardie Industries (JHX), Atlas Copco (ALFVY), CHINA RWY CONST/ADR (CWYCY) and PERSIMMON/ADR (PSMMY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include Pfizer (PFE), AT&T (T), Energy Transfer LP Unit (ET), Intel (INTC), Ford Motor (F), General Electric (GE), Advanced Micro Devices (AMD), D. R. Horton (DHI), Micron Technology (MU) and Walt Disney (DIS).

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 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 bought 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 $30.47.

Louisiana-Pacific has a market capitalization of $3.42 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]