NYSE:LPXLouisiana-Pacific Stock Price, Forecast & News

$25.77

+0.68 (+2.71 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$25.09

Now: $25.77▼

$25.95

50-Day Range

$16.13

MA: $20.19▼

$24.78

52-Week Range

$12.97

Now: $25.77▼

$34.35

Volume91,215 shs

Average Volume1.55 million shs

Market Capitalization$2.89 billion

P/E Ratio2,579.58

Dividend Yield2.41%

Beta1.71

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It also markets and sells products for use in light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America. The Siding segment offers siding products and related accessories, such as wood-based siding, trim, soffit, and fascia products; and CanExel siding and accessory products, including pre-finished lap and trim products, as well as outdoor building solutions. The OSB segment manufactures and distributes structural panel products comprising OSBs, TechShield radiant barriers, TopNotch sub-floorings, Legacy super tough products, moisture-resistant sub-floorings, and FlameBlock fire-rated sheathing products. The Engineered Wood Products segment provides laminated veneer lumber, laminated strand lumber, and other related products; and I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB and siding products. This segment also distributes and sells related products to augment the transition to wood frame construction. The company also offers timber and timberlands, as well as other products and services. Louisiana-Pacific Corporation sells its products, primarily to retail home centers, manufactured housing producers, distributors, and wholesalers in North America and South America, as well as in Asia, Australia, and Europe. The company was founded in 1973 and is headquartered in Nashville, Tennessee.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Louisiana-Pacific has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.20, Louisiana-Pacific has a potential upside of 12.9% from its current price of $25.87.
Amount of Analyst Coverage
Louisiana-Pacific has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Louisiana-Pacific has received 307 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Louisiana-Pacific has received 437 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Louisiana-Pacific has received 58.74% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Louisiana-Pacific and other stocks. Vote “Outperform” if you believe LPX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LPX will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Louisiana-Pacific is a leading dividend payer. It pays a dividend yield of 2.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Louisiana-Pacific has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Louisiana-Pacific is 156.76 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Louisiana-Pacific will have a dividend payout ratio of 42.96 % next year. This indicates that Louisiana-Pacific will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Louisiana-Pacific insiders have bought more of their company's stock than they have sold. Specifically, they have bought $109,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.40% of the stock of Louisiana-Pacific is held by insiders.
Percentage Held by Institutions
96.15% of the stock of Louisiana-Pacific is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Louisiana-Pacific are expected to grow by 128.81% in the coming year, from $0.59 to $1.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Louisiana-Pacific is 2,589.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Louisiana-Pacific is 2,589.59, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 38.57.
Price to Book Value per Share Ratio
Louisiana-Pacific has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.75 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Lumber & wood products, except furniture

Sub-IndustryForest Products

SectorConstruction

Current SymbolNYSE:LPX

Previous Symbol

CUSIP54634710

CIK60519

Webwww.lpcorp.com

Phone615-986-5600

Debt

Debt-to-Equity Ratio0.74

Current Ratio4.56

Quick Ratio3.23

Price-To-Earnings

Trailing P/E Ratio2,579.58

Forward P/E Ratio43.68

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.31 billion

Price / Sales1.25

Cash Flow$1.53 per share

Price / Cash Flow16.86

Book Value$8.44 per share

Price / Book3.05

Profitability

EPS (Most Recent Fiscal Year)$0.37

Net Income$-5,000,000.00

Net Margins0.04%

Return on Equity5.91%

Return on Assets3.26%

Miscellaneous

Employees4,800

Outstanding Shares112,210,000

Market Cap$2.89 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Louisiana-Pacific (NYSE:LPX) Frequently Asked Questions

How has Louisiana-Pacific's stock been impacted by COVID-19 (Coronavirus)?

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. Since then, LPX shares have increased by 17.6% and is now trading at $25.87. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Louisiana-Pacific?

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.

When is Louisiana-Pacific's next earnings date?

Louisiana-Pacific is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Louisiana-Pacific.

How were Louisiana-Pacific's earnings last quarter?

Louisiana-Pacific Co. (NYSE:LPX) issued its earnings results on Tuesday, May, 5th. The building manufacturing company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.04. The building manufacturing company had revenue of $585 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 EPS. View Louisiana-Pacific's earnings history.

How often does Louisiana-Pacific pay dividends? What is the dividend yield for Louisiana-Pacific?

Louisiana-Pacific announced a quarterly dividend on Tuesday, May 5th. Investors 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 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, May 14th. View Louisiana-Pacific's dividend history.

How will Louisiana-Pacific's stock buyback program work?

Louisiana-Pacific announced that its Board of Directors has authorized a stock repurchase 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 reacquire up to 3.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

What price target have analysts set for LPX?

7 equities research analysts have issued 12-month target prices for Louisiana-Pacific's shares. Their forecasts range from $23.00 to $34.00. On average, they expect Louisiana-Pacific's stock price to reach $29.20 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View analysts' price targets for Louisiana-Pacific.

Has Louisiana-Pacific been receiving favorable news coverage?

News articles about LPX stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Louisiana-Pacific earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news stories about the building manufacturing company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutLouisiana-Pacific.

Are investors shorting Louisiana-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 days-to-cover ratio is presently 1.5 days. Currently, 2.4% of the shares of the stock are sold short. View Louisiana-Pacific's Current Options Chain.

Who are some of Louisiana-Pacific's key competitors?

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

What other stocks do shareholders of Louisiana-Pacific own?

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).

Who are Louisiana-Pacific's key executives?

Louisiana-Pacific's management team includes the following people:

Mr. William Bradley Southern, CEO & Director (Age 59)
Mr. Timothy Mann Jr., Exec. VP of Bus. Devel., Gen. Counsel & Sec. (Age 53)
Mr. Neil Sherman, Exec. VP of the Siding Bus. (Age 56)
Mr. Jason Ringblom, Exec. VP, OSB (Age 36)
Mr. Alan J. M. Haughie, Exec. VP & CFO (Age 55)

What is Louisiana-Pacific's stock symbol?

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

Who are Louisiana-Pacific's major shareholders?

Louisiana-Pacific's stock is owned by a number of retail and institutional 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.

Which major investors are selling Louisiana-Pacific stock?

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.

Which major investors are buying Louisiana-Pacific stock?

LPX stock was purchased 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.

How do I buy shares of 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.

What is Louisiana-Pacific's stock price today?

One share of LPX stock can currently be purchased for approximately $25.87.

How big of a company is Louisiana-Pacific?

Louisiana-Pacific has a market capitalization of $2.90 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.

What is Louisiana-Pacific's official website?

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

How can I contact Louisiana-Pacific?

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.

This page was last updated on 6/3/2020 by MarketBeat.com Staff