Louisiana-Pacific Stock Price, News & Analysis (NYSE:LPX)

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

Louisiana-Pacific announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Monday, August 19th will be given a dividend of $0.135 per share on Tuesday, September 3rd. This represents a $0.54 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Friday, August 16th. View Louisiana-Pacific's Dividend History.

Louisiana-Pacific declared that its board has initiated a stock repurchase plan on Tuesday, August 7th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

Louisiana-Pacific Co. (NYSE:LPX) posted its quarterly earnings data on Tuesday, August, 6th. The building manufacturing company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by $0.14. The building manufacturing company had revenue of $588 million for the quarter, compared to the consensus estimate of $641.63 million. Louisiana-Pacific had a net margin of 7.41% and a return on equity of 11.70%. The company's revenue was down 27.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.11 EPS. View Louisiana-Pacific's Earnings History.

Louisiana-Pacific is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Louisiana-Pacific.

7 Wall Street analysts have issued 1 year price objectives for Louisiana-Pacific's shares. Their forecasts range from $24.75 to $32.00. On average, they expect Louisiana-Pacific's share price to reach $29.1071 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Louisiana-Pacific.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Louisiana-Pacific in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Louisiana-Pacific.

Press coverage about LPX stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. 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 news sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles 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 effect on the stock's share price in the near term. View News Stories for Louisiana-Pacific.

Louisiana-Pacific saw a increase in short interest in August. As of August 31st, there was short interest totalling 9,894,100 shares, an increase of 61.4% from the July 31st total of 6,128,300 shares. Based on an average daily volume of 2,040,000 shares, the days-to-cover ratio is presently 4.9 days. Currently, 8.0% of the company's stock are sold short. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include Masco (MAS), Rollins (ROL), United Rentals (URI), PulteGroup (PHM), Lennox International (LII), RPM International (RPM), PERSIMMON/ADR (PSMMY), Atlas Copco (ALFVY), Spirax-Sarco Engineering (SPXSF), ANHUI CONCH CEM/ADR (AHCHY), Servicemaster Global (SERV), SHIMIZU CORP/ADR (SHMUY), James Hardie Industries (JHX), Jiangsu Expressway (JEXYY) and Owens Corning (OC).

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

Louisiana-Pacific's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.56%), BlackRock Inc. (12.56%), Vanguard Group Inc. (11.74%), Bank of New York Mellon Corp (4.70%), Renaissance Technologies LLC (2.38%) and APG Asset Management N.V. (2.09%). Company insiders that own Louisiana-Pacific stock include Gary Cook, Lizanne C Gottung, Michael Emory Kinney, Neil Sherman 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 BlackRock Inc., BlackRock Inc., Man Group plc, Vanguard Group Inc., WINTON GROUP Ltd, Panagora Asset Management Inc., APG Asset Management N.V. and Royal Bank of Canada. View Insider Buying and Selling for Louisiana-Pacific.

LPX stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Nuveen Asset Management LLC, Deprince Race & Zollo Inc., Pictet Asset Management Ltd., Pictet Asset Management Ltd., Bank of Montreal Can, Point72 Asset Management L.P. and Balyasny Asset Management LLC. View Insider Buying and Selling 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 $25.06.

Louisiana-Pacific has a market capitalization of $3.10 billion and generates $2.83 billion in revenue each year. The building manufacturing company earns $394.60 million in net income (profit) each year or $2.74 on an earnings per share basis. Louisiana-Pacific employs 4,900 workers across the globe.View Additional Information About Louisiana-Pacific.

The official website for Louisiana-Pacific is http://www.lpcorp.com/.

Louisiana-Pacific's mailing address is 414 UNION STREET, NASHVILLE TN, 37219. The building manufacturing company can be reached via phone at 615-986-5600.