Research Analysts Issue Forecasts for LPX FY2025 Earnings

Louisiana-Pacific Co. (NYSE:LPX) – Research analysts at DA Davidson boosted their FY2025 earnings estimates for Louisiana-Pacific in a research note issued to investors on Wednesday, November 6th. DA Davidson analyst K. Yinger now forecasts that the building manufacturing company will earn $4.72 per share for the year, up from their previous forecast of $4.55. DA Davidson currently has a “Buy” rating and a $125.00 target price on the stock. The consensus estimate for Louisiana-Pacific’s current full-year earnings is $5.12 per share.

A number of other equities research analysts have also issued reports on the company. The Goldman Sachs Group lifted their target price on Louisiana-Pacific from $90.00 to $99.00 and gave the company a “sell” rating in a research report on Wednesday. BMO Capital Markets downgraded shares of Louisiana-Pacific from an “outperform” rating to a “market perform” rating and set a $99.00 price objective on the stock. in a report on Thursday, August 8th. Royal Bank of Canada increased their target price on shares of Louisiana-Pacific from $119.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday. Truist Financial lifted their price target on shares of Louisiana-Pacific from $105.00 to $113.00 and gave the company a “buy” rating in a research note on Tuesday, October 15th. Finally, Bank of America boosted their price target on shares of Louisiana-Pacific from $73.00 to $75.00 and gave the stock an “underperform” rating in a research report on Thursday, September 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $101.78.

Louisiana-Pacific Stock Performance

Shares of Louisiana-Pacific stock opened at $108.82 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.38 and a quick ratio of 1.95. The firm has a market cap of $7.65 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 4.63 and a beta of 1.88. The stock’s 50-day moving average is $102.11 and its 200-day moving average is $93.09. Louisiana-Pacific has a one year low of $57.13 and a one year high of $113.04.

Louisiana-Pacific (NYSE:LPX) last announced its earnings results on Wednesday, August 7th. The building manufacturing company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.23. Louisiana-Pacific had a net margin of 15.22% and a return on equity of 27.09%. The firm had revenue of $814.00 million during the quarter, compared to analyst estimates of $797.26 million. During the same period in the prior year, the business earned $0.55 EPS. The company’s revenue for the quarter was up 33.2% compared to the same quarter last year.

Louisiana-Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 20th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, November 20th. Louisiana-Pacific’s payout ratio is currently 16.91%.

Insiders Place Their Bets

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

Institutional Trading of Louisiana-Pacific

Hedge funds have recently added to or reduced their stakes in the company. William Blair Investment Management LLC bought a new position in Louisiana-Pacific during the 2nd quarter worth $91,053,000. Marshall Wace LLP grew its stake in shares of Louisiana-Pacific by 92.4% in the second quarter. Marshall Wace LLP now owns 1,255,474 shares of the building manufacturing company’s stock valued at $103,363,000 after acquiring an additional 602,803 shares in the last quarter. Renaissance Technologies LLC increased its position in Louisiana-Pacific by 188.3% during the second quarter. Renaissance Technologies LLC now owns 447,400 shares of the building manufacturing company’s stock worth $36,834,000 after acquiring an additional 292,200 shares during the period. Assenagon Asset Management S.A. raised its stake in Louisiana-Pacific by 768.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 270,341 shares of the building manufacturing company’s stock worth $22,257,000 after purchasing an additional 239,212 shares in the last quarter. Finally, Natixis acquired a new stake in Louisiana-Pacific in the 1st quarter worth about $16,371,000. 94.73% of the stock is owned by institutional investors and hedge funds.

Louisiana-Pacific Company Profile

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.