Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building products. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are used principally in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products in South America and various export markets. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, manufactured housing producers, distributors, and wholesalers in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lumber & wood products, except furniture
Sub-IndustryForest Products
SectorConstruction
Current SymbolNYSE:LPX
Previous Symbol
CUSIP54634710
Phone615-986-5600
Debt
Debt-to-Equity Ratio0.19
Current Ratio6.13
Quick Ratio4.91
Price-To-Earnings
Trailing P/E Ratio9.82
Forward P/E Ratio7.84
P/E Growth1.56
Sales & Book Value
Annual Sales$2.73 billion
Price / Sales1.18
Cash Flow$3.2045 per share
Price / Cash7.14
Book Value$12.83 per share
Price / Book1.78
Profitability
EPS (Most Recent Fiscal Year)$2.33
Net Income$389.80 million
Net Margins17.23%
Return on Equity27.84%
Return on Assets18.74%
Miscellaneous
Employees5,000
Outstanding Shares141,180,000
Market Cap$3.23 billion
OptionableOptionable
Louisiana-Pacific (NYSE:LPX) Frequently Asked Questions
What is Louisiana-Pacific's stock symbol?
Louisiana-Pacific trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPX."
How often does Louisiana-Pacific pay dividends? What is the dividend yield for Louisiana-Pacific?
Louisiana-Pacific announced a quarterly dividend on Friday, November 2nd. Investors of record on Friday, November 16th will be paid a dividend of $0.13 per share on Friday, November 30th. This represents a $0.52 annualized dividend and a yield of 2.27%. The ex-dividend date is Thursday, November 15th. View Louisiana-Pacific's Dividend History.
How will Louisiana-Pacific's stock buyback program work?
Louisiana-Pacific declared that its board has approved a share buyback plan 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 reacquire up to 3.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.
How were Louisiana-Pacific's earnings last quarter?
Louisiana-Pacific Co. (NYSE:LPX) issued its quarterly earnings results on Tuesday, November, 6th. The construction company reported $0.83 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.66 by $0.17. The construction company earned $736.80 million during the quarter, compared to analyst estimates of $724.92 million. Louisiana-Pacific had a net margin of 17.23% and a return on equity of 27.84%. The company's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 earnings per share. View Louisiana-Pacific's Earnings History.
When is Louisiana-Pacific's next earnings date?
What price target have analysts set for LPX?
8 analysts have issued 12 month target prices for Louisiana-Pacific's stock. Their predictions range from $24.00 to $39.00. On average, they expect Louisiana-Pacific's share price to reach $32.2857 in the next year. This suggests a possible upside of 41.1% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.
What is the consensus analysts' recommendation for Louisiana-Pacific?
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.
Has Louisiana-Pacific been receiving favorable news coverage?
Media coverage about LPX stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Are investors shorting Louisiana-Pacific?
Louisiana-Pacific saw a decline in short interest in the month of October. As of October 15th, there was short interest totalling 5,406,929 shares, a decline of 34.7% from the September 28th total of 8,274,735 shares. Based on an average daily trading volume, of 3,279,993 shares, the days-to-cover ratio is presently 1.6 days. Approximately 3.8% of the shares of the company are short sold. View Louisiana-Pacific's Current Options Chain.
Who are some of Louisiana-Pacific's key competitors?
Some companies that are related to Louisiana-Pacific include Nippon Paint (NPCPF), Martin Marietta Materials (MLM), Lennar (LEN.B), Jacobs Engineering Group (JEC), SEKISUI HOUSE L/S (SKHSY), Masco (MAS), United Rentals (URI), Lennox International (LII), NVR (NVR), PERSIMMON/ADR (PSMMY), RPM International (RPM), Cemex SAB de CV (CX), CHINA RESOURCES/ADR (CARCY), TAYLOR WIMPEY P/ADR (TWODY) and PulteGroup (PHM).
Who are Louisiana-Pacific's key executives?
Louisiana-Pacific's management team includes the folowing people:
- Mr. William Bradley Southern, CEO & Director (Age 58)
- Mr. Michael J. Sims, Sr. VP of Sales, Marketing & Strategy (Age 60)
- Mr. Neil Sherman, Exec. VP of the Siding Bus. (Age 55)
- Mr. Jason Ringblom, Exec. VP of the OSB & EWP (Age 35)
- Mr. Michael Emory Kinney, Interim CFO & Treasurer (Age 60)
Who are Louisiana-Pacific's major shareholders?
Louisiana-Pacific's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.67%), Dimensional Fund Advisors LP (3.27%), Bank of New York Mellon Corp (2.88%), Credit Suisse AG (2.61%), MERIAN GLOBAL INVESTORS UK Ltd (1.83%) and Man Group plc (1.75%). Company insiders that own Louisiana-Pacific stock include Curtis M Stevens, Daniel K Frierson, Gary Cook, Kurt M Landgraf, Lizanne C Gottung, Michael Emory Kinney, Michael Sims, Neil Sherman, Rebecca Anne Barckley and William Bradley Southern. View Institutional Ownership Trends for Louisiana-Pacific.
Which major investors are selling Louisiana-Pacific stock?
LPX stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Teachers Advisors LLC, Acadian Asset Management LLC, Bank of New York Mellon Corp, Hsbc Holdings PLC, Key Group Holdings Cayman LTD., BlackRock Inc. and FMR LLC. Company insiders that have sold Louisiana-Pacific company stock in the last year include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman and William Bradley Southern. View Insider Buying and Selling for Louisiana-Pacific.
Which major investors are buying Louisiana-Pacific stock?
LPX stock was acquired by a variety of institutional investors in the last quarter, including Credit Suisse AG, Macquarie Group Ltd., LSV Asset Management, MERIAN GLOBAL INVESTORS UK Ltd, Skandinaviska Enskilda Banken AB publ, Fuller & Thaler Asset Management Inc., Renaissance Technologies LLC and Man Group plc. View Insider Buying and Selling for Louisiana-Pacific.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Louisiana-Pacific's stock price today?
One share of LPX stock can currently be purchased for approximately $22.88.
How big of a company is Louisiana-Pacific?
Louisiana-Pacific has a market capitalization of $3.23 billion and generates $2.73 billion in revenue each year. The construction company earns $389.80 million in net income (profit) each year or $2.33 on an earnings per share basis. Louisiana-Pacific employs 5,000 workers across the globe.
What is Louisiana-Pacific's official website?
How can I contact Louisiana-Pacific?
Louisiana-Pacific's mailing address is 414 UNION STREET, NASHVILLE TN, 37219. The construction company can be reached via phone at 615-986-5600.
MarketBeat Community Rating for Louisiana-Pacific (NYSE LPX)
MarketBeat's community ratings are surveys of what our community members think about Louisiana-Pacific and other stocks. Vote "Outperform" if you believe LPX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LPX will underperform the S&P 500 over the long term. You may vote once every thirty days.
