Louisiana-Pacific - LPX Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPX, but not buy additional shares or sell existing shares.
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5 equities research analysts have issued 1 year target prices for Louisiana-Pacific's stock. Their LPX share price forecasts range from $47.00 to $65.00. On average, they expect the company's share price to reach $59.20 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
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Louisiana-Pacific's stock was trading at $59.20 at the start of the year. Since then, LPX stock has decreased by 9.2% and is now trading at $53.76.
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Louisiana-Pacific saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 3,300,000 shares, a decrease of 6.8% from the February 13th total of 3,540,000 shares. Based on an average daily volume of 815,400 shares, the short-interest ratio is currently 4.0 days. Approximately 4.7% of the shares of the company are short sold.
View Louisiana-Pacific's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
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Louisiana-Pacific Co. (NYSE:LPX) posted its quarterly earnings results on Tuesday, February, 21st. The building manufacturing company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The building manufacturing company had revenue of $705 million for the quarter, compared to analysts' expectations of $695.37 million. Louisiana-Pacific had a trailing twelve-month return on equity of 64.50% and a net margin of 26.99%. The business's revenue for the quarter was down 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.24 earnings per share.

Louisiana-Pacific declared a quarterly dividend on Friday, February 17th. Investors of record on Friday, March 10th will be given a dividend of $0.24 per share on Friday, March 31st. This represents a $0.96 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, March 9th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for LPX.

ETFs with the largest weight of Louisiana-Pacific (NYSE:LPX) stock in their portfolio include The Acquirers Fund (ZIG), Invesco Dynamic Building & Construction ETF (PKB), Invesco DWA Basic Materials Momentum ETF (PYZ), Invesco MSCI Global Timber ETF (CUT), iShares Factors US Growth Style ETF (STLG), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and iShares Factors US Value Style ETF (STLV).

Louisiana-Pacific (NYSE:LPX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.74%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 7.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPX will have a dividend payout ratio of 23.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LPX.

24 employees have rated Louisiana-Pacific Chief Executive Officer Brad Southern on Glassdoor.com. Brad Southern has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include Intel (INTC), Pfizer (PFE), AT&T (T), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), General Electric (GE), Boeing (BA), D.R. Horton (DHI) 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 number of institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc (9.83%), First Trust Advisors LP (4.36%), Dimensional Fund Advisors LP (3.38%), Macquarie Group Ltd. (3.05%), LSV Asset Management (2.33%) and Barclays PLC (1.56%). Insiders that own company stock include Alan Haughie, Derek Nelson Doyle, Jason Paul Ringbloom, Kurt M Landgraf, Lizanne C Gottung, Michael Sims, Neil Sherman, Stephen E Macadam and William Bradley Southern.
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Shares of LPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LPX stock can currently be purchased for approximately $53.76.

Louisiana-Pacific (NYSE:LPX) has a market capitalization of $3.87 billion and generates $3.85 billion in revenue each year. The building manufacturing company earns $1.09 billion in net income (profit) each year or $13.27 on an earnings per share basis.

The company employs 4,300 workers across the globe.

Louisiana-Pacific's mailing address is 414 UNION STREET SUITE 2000, NASHVILLE TN, 37219. The official website for the company is www.lpcorp.com. The building manufacturing company can be reached via phone at (615) 986-5600, via email at aaron.howald@lpcorp.com, or via fax at 877-523-7192.