NYSE:LPXLouisiana-Pacific Stock Price, Forecast & News

Louisiana-Pacific's stock was trading at $22.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LPX stock has increased by 7.3% and is now trading at $23.61. 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) released its quarterly earnings data on Tuesday, May, 5th. The building manufacturing company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.04. The building manufacturing company earned $585 million during the quarter, compared to analysts' expectations of $581.98 million. Louisiana-Pacific had a return on equity of 5.91% and a net margin of 0.04%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 EPS. View Louisiana-Pacific's earnings history.

Louisiana-Pacific declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 15th will be given a dividend of $0.145 per share on Monday, June 1st. This represents a $0.58 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Thursday, May 14th. View Louisiana-Pacific's dividend history.

Louisiana-Pacific declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 7th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

7 analysts have issued 12-month price objectives for Louisiana-Pacific's stock. Their forecasts range from $23.00 to $34.00. On average, they anticipate Louisiana-Pacific's stock price to reach $29.20 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Headlines about LPX stock have been trending positive on Sunday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Louisiana-Pacific earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned media headlines about the building manufacturing company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutLouisiana-Pacific.

Louisiana-Pacific saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,680,000 shares, a decrease of 29.8% from the April 30th total of 3,820,000 shares. Based on an average trading volume of 1,830,000 shares, the short-interest ratio is presently 1.5 days. Approximately 2.4% of the shares of the stock are sold short. View Louisiana-Pacific's Current Options Chain.

Some companies that are related to Louisiana-Pacific include CHINA COMMUNICA/ADR (CCCGY), United Rentals (URI), HEIDELBERGCEMEN/ADR (HDELY), ANHUI CONCH CEM/ADR (AHCHY), RPM International (RPM), PERSIMMON/ADR (PSMMY), PulteGroup (PHM), Atlas Copco (ALFVY), Lennox International (LII), James Hardie Industries (JHX), Trex (TREX), Watsco (WSO), Watsco (WSO.B), SHIMIZU CORP/ADR (SHMUY) and Aecom (ACM). 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 shareholders 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 $23.61.

Louisiana-Pacific has a market capitalization of $2.65 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.