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

Company Overview

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. Its Oriented Strand Board segment manufactures and distributes oriented strand board structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP NovaCore, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The LP South America segment manufactures and distributes oriented strand board structural panel and siding products. This segment distributes and sells related products for the region's transition to wood frame construction. It offers timber and timberlands and other products and services. sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. The company was incorporated in 1972 and is headquartered in Nashville, Tennessee.

Key Stats

• Today's Range: $102.67 to $105.29
• 50-Day Range: $98.02 to $120.27
• 52-Week Range: $63.76 to $122.87
• Volume: 2.68 million shs
• Average Volume: 819,722 shs
• Market Capitalization: $7.33 billion
• P/E Ratio: 18.00
• Dividend Yield: 1.00%
• Price Target: $102.22
• Consensus Rating: Hold

Louisiana-Pacific Stock Analysis - MarketRank™

Louisiana-Pacific scored higher than 63% of companies evaluated by MarketBeat, and ranked 66th out of 99 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Louisiana-Pacific has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 3 buy ratings, 5 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Louisiana-Pacific has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -7.40%

Earnings Growth

Earnings for Louisiana-Pacific are expected to decrease by -7.40% in the coming year, from $5.54 to $5.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Louisiana-Pacific is 18.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Louisiana-Pacific is 18.00, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.66.

Price to Earnings Growth Ratio

Louisiana-Pacific has a PEG Ratio of 2.82. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Louisiana-Pacific has a P/B Ratio of 4.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.11% of the float of Louisiana-Pacific has been sold short.

Short Interest Ratio / Days to Cover

Louisiana-Pacific has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Louisiana-Pacific has recently decreased by 12.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Louisiana-Pacific has a dividend yield of 0.94%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Louisiana-Pacific does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Louisiana-Pacific is 17.93%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Louisiana-Pacific will have a dividend payout ratio of 20.27% next year. This indicates that Louisiana-Pacific will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.11% of the float of Louisiana-Pacific has been sold short.

Short Interest Ratio / Days to Cover

Louisiana-Pacific has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Louisiana-Pacific has recently decreased by 12.60%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.07

News Sentiment

Louisiana-Pacific has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Louisiana-Pacific this week, compared to 7 articles on an average week.

Search Interest

5 people have searched for LPX on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Louisiana-Pacific to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Louisiana-Pacific insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $317,773.00 in company stock.

Percentage Held by Insiders

Only 1.26% of the stock of Louisiana-Pacific is held by insiders.

Percentage Held by Institutions

94.73% of the stock of Louisiana-Pacific is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LPX Stock Analysis - Frequently Asked Questions

How have LPX shares performed this year?

Louisiana-Pacific's stock was trading at $70.83 at the start of the year. Since then, LPX shares have increased by 47.4% and is now trading at $104.40.
View the best growth stocks for 2024 here.

How were Louisiana-Pacific's earnings last quarter?

Louisiana-Pacific Co. (NYSE:LPX) issued its earnings results on Wednesday, August, 7th. The building manufacturing company reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.23. The firm's revenue was up 33.2% compared to the same quarter last year.

Who are Louisiana-Pacific's major shareholders?

Top institutional shareholders of Louisiana-Pacific include FMR LLC (4.51%), State Street Corp (3.07%), Jacobs Levy Equity Management Inc. (1.77%) and Pacer Advisors Inc. (1.58%). Insiders that own company stock include William Bradley Southern, Michael W Blosser, Ozey K Horton Jr, Lizanne C Gottung and Derek Nelson Doyle.
View institutional ownership trends.

How do I buy shares of Louisiana-Pacific?

Shares of LPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Louisiana-Pacific own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Louisiana-Pacific investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 11/27 Dividend: 11/20/2024
• Dividend Payable: 11/27/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Lumber & wood products, except furniture
• Sub-Industry: Forest Products
• Current Symbol: NYSE:LPX
• CUSIP: 54634710
• CIK: 60519
• Web: www.lpcorp.com
• Phone: (615) 986-5600
• Fax: 877-523-7192
• Employees: 4,100
• Year Founded: 1973

Price Target and Rating

• Average Stock Price Target: $102.22
• High Stock Price Target: $125.00
• Low Stock Price Target: $75.00
• Potential Upside/Downside: -2.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.80
• Trailing P/E Ratio: 18.00
• Forward P/E Ratio: 18.84
• P/E Growth: 2.82
• Net Income: $178 million
• Net Margins: 14.29%
• Pretax Margin: 18.09%
• Return on Equity: 24.50%
• Return on Assets: 15.87%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 2.92
• Quick Ratio: 1.69

Sales & Book Value

• Annual Sales: $2.92 billion
• Price / Sales: 2.51
• Cash Flow: $4.35 per share
• Price / Cash Flow: 24.00
• Book Value: $21.59 per share
• Price / Book: 4.84

Miscellaneous

• Outstanding Shares: 70,238,000
• Free Float: 69,353,000
• Market Cap: $7.33 billion
• Optionable: Optionable
• Beta: 1.91