Louisiana-Pacific - LPX Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.
View LPX analyst ratings or view top-rated stocks.

6 equities research analysts have issued 1 year price objectives for Louisiana-Pacific's stock. Their LPX share price forecasts range from $56.00 to $82.00. On average, they expect the company's stock price to reach $66.50 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price.
View analysts price targets for LPX or view top-rated stocks among Wall Street analysts.

Louisiana-Pacific's stock was trading at $78.35 at the beginning of 2022. Since then, LPX shares have decreased by 15.7% and is now trading at $66.05.
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Louisiana-Pacific saw a increase in short interest in November. As of November 15th, there was short interest totaling 5,340,000 shares, an increase of 7.0% from the October 31st total of 4,990,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 7.6% of the company's stock are short sold.
View Louisiana-Pacific's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our LPX earnings forecast.

Louisiana-Pacific Co. (NYSE:LPX) announced its earnings results on Monday, November, 1st. The building manufacturing company reported $3.87 EPS for the quarter, beating the consensus estimate of $3.42 by $0.45. The building manufacturing company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.03 billion. Louisiana-Pacific had a trailing twelve-month return on equity of 77.64% and a net margin of 29.88%. During the same period in the previous year, the company posted $1.56 earnings per share.

Louisiana-Pacific announced a quarterly dividend on Friday, October 28th. Stockholders of record on Wednesday, November 9th will be paid a dividend of $0.22 per share on Thursday, December 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, November 8th.
Read our dividend analysis for LPX.

Louisiana-Pacific (NYSE:LPX) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LPX will have a dividend payout ratio of 17.43% 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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.83%), BlackRock Inc. (9.76%), First Trust Advisors LP (5.04%), Macquarie Group Ltd. (4.37%), Dimensional Fund Advisors LP (3.41%) and State Street Corp (2.97%). 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.
View institutional ownership trends.

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 $66.05.

Louisiana-Pacific (NYSE:LPX) has a market capitalization of $4.74 billion and generates $4.55 billion in revenue each year. The building manufacturing company earns $1.38 billion in net income (profit) each year or $15.58 on an earnings per share basis.

The company employs 4,800 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.