NYSE:LPXLouisiana-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 (WHO). Since then, LPX shares have increased by 15.8% and is now trading at $25.48. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Louisiana-Pacific.

Louisiana-Pacific is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Louisiana-Pacific.

Louisiana-Pacific Co. (NYSE:LPX) released its quarterly earnings results on Tuesday, May, 5th. The building manufacturing company reported $0.34 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.04. The building manufacturing company earned $585 million during the quarter, compared to analysts' expectations of $581.98 million. Louisiana-Pacific had a net margin of 0.04% and a return on equity of 5.91%. Louisiana-Pacific's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.13 EPS. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Friday, May 15th will be given a dividend of $0.145 per share on Monday, June 1st. This represents a $0.58 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific announced that its board has approved a share buyback program on Tuesday, August 7th 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy 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.

7 brokerages have issued 1 year price objectives for Louisiana-Pacific's stock. Their forecasts range from $26.00 to $34.00. On average, they expect Louisiana-Pacific's stock price to reach $29.80 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Headlines about LPX stock have been trending negative recently, InfoTrie reports. The research firm rates the sentiment of media 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 five, with scores closest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the building manufacturing company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Louisiana-Pacific.

Louisiana-Pacific saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,890,000 shares, an increase of 10.7% from the May 31st total of 2,610,000 shares. Based on an average daily volume of 1,800,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.6% of the shares of the stock are short sold. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Jacobs Engineering Group (JEC), Jacobs Engineering (J), CHINA RWY CONST/ADR (CWYCY), United Rentals (URI), HEIDELBERGCEMEN/ADR (HDELY), RPM International (RPM), Spirax-Sarco Engineering (SPXSF), Atlas Copco (ALFVY), CHINA COMMUNICA/ADR (CCCGY), PERSIMMON/ADR (PSMMY), Lennox International (LII), PulteGroup (PHM), ANHUI CONCH CEM/ADR (AHCHY), James Hardie Industries (JHX) and Obayashi (OBYCF). View all competitors.

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

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

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 $25.48.

Louisiana-Pacific has a market capitalization of $2.86 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.