Louisiana-Pacific - LPX Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street 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.

5 Wall Street analysts have issued 1-year target prices for Louisiana-Pacific's shares. Their LPX share price forecasts range from $56.00 to $72.00. On average, they anticipate the company's stock price to reach $62.60 in the next twelve months. This suggests that the stock has a possible downside of 6.7%.
View analysts price targets for LPX or view top-rated stocks among Wall Street analysts.

Louisiana-Pacific's stock was trading at $59.20 at the beginning of 2023. Since then, LPX stock has increased by 13.4% and is now trading at $67.12.
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Louisiana-Pacific saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 3,370,000 shares, a decrease of 22.0% from the December 15th total of 4,320,000 shares. Based on an average daily volume of 880,400 shares, the days-to-cover ratio is currently 3.8 days. Approximately 4.8% of the company's shares 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) released its earnings results on Tuesday, November, 1st. The building manufacturing company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.10. The building manufacturing company earned $852 million during the quarter, compared to the consensus estimate of $847.81 million. Louisiana-Pacific had a net margin of 29.88% and a trailing twelve-month return on equity of 77.64%.

Louisiana-Pacific declared a quarterly dividend on Friday, October 28th. Shareholders 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 annualized dividend and a yield of 1.31%. The ex-dividend date 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 1.34%. 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 21.52% 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 many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.20%), Wedge Capital Management L L P NC (0.15%), Paradiem LLC (0.08%), Strong Tower Advisory Services (0.07%), Yousif Capital Management LLC (0.05%) and Comerica Bank (0.05%). 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 $67.12.

Louisiana-Pacific (NYSE:LPX) has a market capitalization of $4.81 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.