NYSE:LPX - Louisiana-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 decreased by 20.1% and is now trading at $17.57. 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) issued its quarterly earnings results on Tuesday, February, 11th. The building manufacturing company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.05. The building manufacturing company had revenue of $537 million for the quarter, compared to the consensus estimate of $561.45 million. Louisiana-Pacific had a negative net margin of 0.22% and a positive return on equity of 3.79%. Louisiana-Pacific's revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 earnings per share. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Friday, February 7th. Shareholders of record on Tuesday, February 18th will be paid 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 3.30%. 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 has initiated a share buyback program on Tuesday, August 7th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase 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.

6 brokers have issued 12 month price targets for Louisiana-Pacific's stock. Their forecasts range from $20.00 to $34.00. On average, they expect Louisiana-Pacific's share price to reach $28.79 in the next year. This suggests a possible upside of 63.9% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Media headlines about LPX stock have been trending very positive on Monday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Louisiana-Pacific earned a news impact score of 4.0 on InfoTrie's scale. They also gave media headlines about the building manufacturing company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutLouisiana-Pacific.

Louisiana-Pacific saw a increase in short interest in 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 daily trading volume, of 1,340,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 3.4% 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 RPM International (RPM), Atlas Copco (ALFVY), Obayashi (OBYCF), PERSIMMON/ADR (PSMMY), Lennox International (LII), United Rentals (URI), PulteGroup (PHM), SHIMIZU CORP/ADR (SHMUY), Watsco (WSO), Watsco (WSO.B), Jiangsu Expressway (JEXYY), Trex (TREX), James Hardie Industries (JHX), Aecom (ACM) and TAYLOR WIMPEY P/ADR (TWODY).

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."

Louisiana-Pacific's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (5.66%), State Street Corp (3.16%), Macquarie Group Ltd. (2.70%), Macquarie Group Ltd. (2.70%), Renaissance Technologies LLC (2.48%) and Norges Bank (1.95%). 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 Ceredex Value Advisors LLC, NorthCoast Asset Management LLC, Royce & Associates LP, State Street Corp, Schonfeld Strategic Advisors LLC, Gabelli Funds LLC, UBS Group AG, and Van ECK Associates Corp. View insider buying and selling activity for Louisiana-Pacific.

LPX stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Bank of New York Mellon Corp, Castle Hook Partners LP, Macquarie Group Ltd., Macquarie Group Ltd., AJO LP, Castleark Management LLC, and FMR 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 $17.57.

Louisiana-Pacific has a market capitalization of $1.97 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.