Louisiana-Pacific Corporation (NYSE:LPX – Free Report) – Research analysts at DA Davidson dropped their FY2025 earnings per share estimates for shares of Louisiana-Pacific in a research note issued to investors on Thursday, June 26th. DA Davidson analyst K. Yinger now forecasts that the building manufacturing company will post earnings of $3.59 per share for the year, down from their prior estimate of $4.17. DA Davidson currently has a “Buy” rating and a $117.00 target price on the stock. The consensus estimate for Louisiana-Pacific’s current full-year earnings is $5.27 per share. DA Davidson also issued estimates for Louisiana-Pacific’s FY2026 earnings at $5.21 EPS.
Louisiana-Pacific (NYSE:LPX – Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The building manufacturing company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.14. The business had revenue of $724.00 million for the quarter, compared to analysts’ expectations of $711.66 million. Louisiana-Pacific had a return on equity of 23.75% and a net margin of 13.74%. The business’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 EPS.
Get Our Latest Stock Analysis on Louisiana-Pacific
Louisiana-Pacific Stock Up 6.1%
Shares of Louisiana-Pacific stock opened at $91.25 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.59 and a current ratio of 3.03. Louisiana-Pacific has a 52-week low of $78.82 and a 52-week high of $122.87. The company’s 50 day moving average price is $89.78 and its 200-day moving average price is $97.23. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 16.01, a P/E/G ratio of 1.32 and a beta of 1.85.
Hedge Funds Weigh In On Louisiana-Pacific
Institutional investors have recently bought and sold shares of the stock. Truist Financial Corp grew its holdings in shares of Louisiana-Pacific by 47.3% during the 4th quarter. Truist Financial Corp now owns 9,751 shares of the building manufacturing company’s stock worth $1,010,000 after acquiring an additional 3,129 shares during the period. Victory Capital Management Inc. boosted its position in shares of Louisiana-Pacific by 23.8% during the fourth quarter. Victory Capital Management Inc. now owns 167,439 shares of the building manufacturing company’s stock valued at $17,338,000 after purchasing an additional 32,210 shares in the last quarter. New York Life Investment Management LLC bought a new stake in shares of Louisiana-Pacific during the fourth quarter valued at approximately $699,000. Putney Financial Group LLC purchased a new stake in Louisiana-Pacific in the fourth quarter worth $389,000. Finally, Atria Investments Inc grew its stake in Louisiana-Pacific by 353.0% in the fourth quarter. Atria Investments Inc now owns 15,782 shares of the building manufacturing company’s stock worth $1,634,000 after purchasing an additional 12,298 shares during the period. 94.73% of the stock is owned by institutional investors.
Insider Activity at Louisiana-Pacific
In other news, Director Lizanne C. Gottung sold 1,179 shares of Louisiana-Pacific stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $89.52, for a total transaction of $105,544.08. Following the sale, the director owned 18,838 shares of the company’s stock, valued at approximately $1,686,377.76. The trade was a 5.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.42% of the company’s stock.
Louisiana-Pacific Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, May 20th were issued a $0.28 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $1.12 annualized dividend and a yield of 1.23%. Louisiana-Pacific’s dividend payout ratio (DPR) is presently 19.65%.
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.
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