NYSE:LPXLouisiana-Pacific Stock Price, Forecast & News

Louisiana-Pacific's stock was trading at $22.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LPX shares have increased by 14.0% and is now trading at $25.09. 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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) announced its earnings results on Tuesday, May, 5th. The building manufacturing company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.04. The building manufacturing company earned $585 million during the quarter, compared to the consensus estimate of $581.98 million. Louisiana-Pacific had a net margin of 0.04% and a return on equity of 5.91%. The company's revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business earned $0.13 EPS. View Louisiana-Pacific's earnings history.

Louisiana-Pacific announced a quarterly dividend on Tuesday, May 5th. Investors of record on Friday, May 15th will be paid a dividend of $0.145 per share on Monday, June 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific announced that its board has initiated a share buyback program on Tuesday, August 7th 2018, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

7 analysts have issued 12 month price targets for Louisiana-Pacific's shares. Their forecasts range from $23.00 to $34.00. On average, they expect Louisiana-Pacific's share price to reach $29.20 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

News articles about LPX stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Louisiana-Pacific earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media stories about the building manufacturing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutLouisiana-Pacific.

Louisiana-Pacific saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,680,000 shares, a decline of 29.8% from the April 30th total of 3,820,000 shares. Based on an average daily trading volume, of 1,830,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.4% 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 COMMUNICA/ADR (CCCGY), United Rentals (URI), HEIDELBERGCEMEN/ADR (HDELY), RPM International (RPM), ANHUI CONCH CEM/ADR (AHCHY), PulteGroup (PHM), PERSIMMON/ADR (PSMMY), Atlas Copco (ALFVY), Lennox International (LII), James Hardie Industries (JHX), Trex (TREX), Watsco (WSO) and Watsco (WSO.B). 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."

Louisiana-Pacific's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.10%), Wellington Management Group LLP (7.41%), Bank of New York Mellon Corp (6.41%), State Street Corp (3.33%), APG Asset Management N.V. (2.44%) and APG Asset Management N.V. (2.44%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman, Stephen E Macadam 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 Wellington Management Group LLP, Nuveen Asset Management LLC, BlackRock Inc., Owl Creek Asset Management L.P., Deprince Race & Zollo Inc., Victory Capital Management Inc., Victory Capital Management Inc., and Pictet Asset Management Ltd.. View insider buying and selling activity for Louisiana-Pacific.

LPX stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Channing Capital Management LLC, JPMorgan Chase & Co., Bank of New York Mellon Corp, Thrivent Financial for Lutherans, and AJO LP. Company insiders that have bought Louisiana-Pacific stock in the last two years include Stephen E Macadam, and William Bradley Southern. View insider buying and selling activity 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 $25.09.

Louisiana-Pacific has a market capitalization of $2.82 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.