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 Ratio9.40
Forward P/E Ratio7.55
P/E Growth1.51
Sales & Book Value
Annual Sales$2.73 billion
Price / Sales1.13
Cash Flow$3.2064 per share
Price / Cash Flow6.83
Book Value$11.07 per share
Price / Book1.98
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$3.09 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. Stockholders of record on Friday, November 16th will be given a dividend of $0.13 per share on Friday, November 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend 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 initiated a share repurchase program on Tuesday, August 7th 2018, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.7% of its stock through open market purchases. Stock repurchase programs are often 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) released its earnings results on Tuesday, November, 6th. The construction company reported $0.83 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.66 by $0.17. The construction company had revenue of $736.80 million for the quarter, compared to analysts' expectations of $724.92 million. Louisiana-Pacific had a return on equity of 27.84% and a net margin of 17.23%. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 shares. 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 47.4% 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?
News headlines about LPX stock have been trending positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next few days.
Who are some of Louisiana-Pacific's key competitors?
Some companies that are related to Louisiana-Pacific include Martin Marietta Materials (MLM), Lennar (LEN.B), SEKISUI HOUSE L/S (SKHSY), Masco (MAS), NVR (NVR), Jacobs Engineering Group (JEC), Lennox International (LII), United Rentals (URI), RPM International (RPM), PERSIMMON/ADR (PSMMY), PulteGroup (PHM), CHINA RESOURCES/ADR (CARCY), Cemex SAB de CV (CX), TAYLOR WIMPEY P/ADR (TWODY) and ANHUI CONCH CEM/ADR (AHCHY).
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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.67%), Vanguard Group Inc. (11.84%), Dimensional Fund Advisors LP (3.27%), Bank of New York Mellon Corp (2.88%), Credit Suisse AG (2.61%) and MERIAN GLOBAL INVESTORS UK Ltd (1.83%). 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 purchased 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 $21.90.
How big of a company is Louisiana-Pacific?
Louisiana-Pacific has a market capitalization of $3.09 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.
