FY2025 EPS Forecast for Louisiana-Pacific Boosted by Analyst

Louisiana-Pacific Co. (NYSE:LPX - Free Report) - DA Davidson upped their FY2025 earnings per share (EPS) estimates for shares of Louisiana-Pacific in a research note issued on Wednesday, November 6th. DA Davidson analyst K. Yinger now anticipates that the building manufacturing company will earn $4.72 per share for the year, up from their prior estimate of $4.55. DA Davidson has a "Buy" rating and a $125.00 price target on the stock. The consensus estimate for Louisiana-Pacific's current full-year earnings is $5.12 per share.

LPX has been the subject of a number of other research reports. Bank of America raised their price objective on shares of Louisiana-Pacific from $73.00 to $75.00 and gave the stock an "underperform" rating in a report on Thursday, September 12th. Truist Financial upped their price objective on Louisiana-Pacific from $105.00 to $113.00 and gave the company a "buy" rating in a research note on Tuesday, October 15th. The Goldman Sachs Group raised their target price on Louisiana-Pacific from $90.00 to $99.00 and gave the stock a "sell" rating in a research report on Wednesday. BMO Capital Markets cut Louisiana-Pacific from an "outperform" rating to a "market perform" rating and set a $99.00 price target on the stock. in a research report on Thursday, August 8th. Finally, TD Securities lifted their price objective on Louisiana-Pacific from $115.00 to $123.00 and gave the stock a "hold" rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $101.78.

Louisiana-Pacific Stock Performance

NYSE:LPX traded up $2.90 during trading on Friday, reaching $111.72. The company's stock had a trading volume of 307,692 shares, compared to its average volume of 843,932. Louisiana-Pacific has a 12 month low of $57.13 and a 12 month high of $113.04. The firm has a market cap of $7.85 billion, a price-to-earnings ratio of 18.08, a price-to-earnings-growth ratio of 4.63 and a beta of 1.88. The firm has a 50 day moving average of $102.11 and a 200-day moving average of $93.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.95 and a current ratio of 3.38.

Louisiana-Pacific (NYSE:LPX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The building manufacturing company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.86 by $0.23. The firm had revenue of $814.00 million during the quarter, compared to analyst estimates of $797.26 million. Louisiana-Pacific had a net margin of 15.22% and a return on equity of 27.09%. The company's revenue for the quarter was up 33.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS.

Louisiana-Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 20th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $1.04 annualized dividend and a dividend yield of 0.93%. Louisiana-Pacific's payout ratio is currently 16.91%.

Insider Buying and Selling at Louisiana-Pacific

In other Louisiana-Pacific news, CEO William Bradley Southern sold 32,600 shares of Louisiana-Pacific stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $93.44, for a total transaction of $3,046,144.00. Following the completion of the sale, the chief executive officer now owns 596,886 shares of the company's stock, valued at $55,773,027.84. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Lizanne C. Gottung sold 2,500 shares of the business's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $98.30, for a total transaction of $245,750.00. Following the sale, the director now owns 21,005 shares of the company's stock, valued at $2,064,791.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William Bradley Southern sold 32,600 shares of the company's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $93.44, for a total value of $3,046,144.00. Following the completion of the transaction, the chief executive officer now directly owns 596,886 shares in the company, valued at $55,773,027.84. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.53% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Louisiana-Pacific

Several institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC lifted its holdings in Louisiana-Pacific by 4.1% during the first quarter. Private Advisor Group LLC now owns 7,839 shares of the building manufacturing company's stock valued at $658,000 after purchasing an additional 312 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Louisiana-Pacific by 0.5% during the 1st quarter. BNP Paribas Financial Markets now owns 59,907 shares of the building manufacturing company's stock valued at $5,027,000 after buying an additional 285 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in Louisiana-Pacific in the 1st quarter worth $25,000. Whittier Trust Co. bought a new position in Louisiana-Pacific in the 1st quarter worth $31,000. Finally, GSA Capital Partners LLP increased its stake in Louisiana-Pacific by 106.0% in the 1st quarter. GSA Capital Partners LLP now owns 9,769 shares of the building manufacturing company's stock worth $820,000 after buying an additional 5,027 shares in the last quarter. Institutional investors own 94.73% of the company's stock.

About Louisiana-Pacific

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.