NYSE:LPX - Louisiana-Pacific Stock Price, Forecast & News

Louisiana-Pacific trades on the New York Stock Exchange (NYSE) under the ticker symbol "LPX."

Louisiana-Pacific announced a quarterly dividend on Monday, November 4th. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.135 per share on Wednesday, December 4th. This represents a $0.54 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, November 13th. View Louisiana-Pacific's Dividend History.

Louisiana-Pacific declared that its Board of Directors has approved a stock buyback program on Tuesday, August 7th 2018, which authorizes the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Louisiana-Pacific Co. (NYSE:LPX) posted its quarterly earnings data on Tuesday, November, 5th. The building manufacturing company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.10. The building manufacturing company earned $603 million during the quarter, compared to analyst estimates of $606.71 million. Louisiana-Pacific had a net margin of 2.67% and a return on equity of 4.93%. The business's revenue for the quarter was down 18.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.83 earnings per share. View Louisiana-Pacific's Earnings History.

Louisiana-Pacific is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Louisiana-Pacific.

6 brokers have issued twelve-month target prices for Louisiana-Pacific's shares. Their forecasts range from $24.75 to $35.00. On average, they expect Louisiana-Pacific's stock price to reach $31.46 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Louisiana-Pacific.

News coverage about LPX stock has trended extremely negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing 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 closest to five being the most favorable. Louisiana-Pacific earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave news headlines 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 effect on the stock's share price in the near term. View News Stories for Louisiana-Pacific.

Louisiana-Pacific saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,700,000 shares, an increase of 7.3% from the December 15th total of 5,310,000 shares. Based on an average daily volume of 1,430,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 4.9% of the company's stock are short sold. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Masco (MAS), CHINA RWY CONST/ADR (CWYCY), HEIDELBERGCEMEN/ADR (HDELY), CHINA RWY GRP L/ADR (CRWOY), Jacobs Engineering (J), Jacobs Engineering Group (JEC), Nippon Paint (NPCPF), PERSIMMON/ADR (PSMMY), CHINA COMMUNICA/ADR (CCCGY), Rollins (ROL), PulteGroup (PHM), United Rentals (URI), Atlas Copco (ALFVY), James Hardie Industries (JHX) and RPM International (RPM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Louisiana-Pacific investors own include AT&T (T), Energy Transfer LP Unit (ET), Intel (INTC), General Electric (GE), Ford Motor (F), Walt Disney (DIS), Pfizer (PFE), Alibaba Group (BABA), Micron Technology (MU) and Netflix (NFLX).

Louisiana-Pacific's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.24%), New York State Teachers Retirement System (0.20%), Nisa Investment Advisors LLC (0.10%), Patten & Patten Inc. TN (0.10%), Tocqueville Asset Management L.P. (0.08%) and W.E. Donoghue & Co. LLC (0.07%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman 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 California Public Employees Retirement System, New York State Teachers Retirement System, Arizona State Retirement System, State of Alaska Department of Revenue, Dupont Capital Management Corp, Alpha Windward LLC, Louisiana State Employees Retirement System and State of Michigan Retirement System. View Insider Buying and Selling for Louisiana-Pacific.

LPX stock was acquired by a variety of institutional investors in the last quarter, including W.E. Donoghue & Co. LLC, Meyer Handelman Co., TRUE Private Wealth Advisors, Cerebellum GP LLC, NEXT Financial Group Inc, Patten & Patten Inc. TN, Nisa Investment Advisors LLC and 6 Meridian. View Insider Buying and Selling 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 $31.11.

Louisiana-Pacific has a market capitalization of $3.65 billion and generates $2.83 billion in revenue each year. The building manufacturing company earns $394.60 million in net income (profit) each year or $2.74 on an earnings per share basis. Louisiana-Pacific employs 4,900 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, NASHVILLE TN, 37219. The building manufacturing company can be reached via phone at 615-986-5600.