Louisiana-Pacific Corporation (LPX)

NYSE: LPX · IEX Real-Time Price · USD
90.42
+0.75 (0.84%)
May 17, 2024, 4:00 PM EDT - Market closed
0.84%
Market Cap 6.47B
Revenue (ttm) 2.72B
Net Income (ttm) 265.00M
Shares Out 71.67M
EPS (ttm) 3.66
PE Ratio 24.70
Forward PE 18.03
Dividend $1.04 (1.15%)
Ex-Dividend Date May 21, 2024
Volume 548,131
Open 90.04
Previous Close 89.67
Day's Range 88.71 - 90.48
52-Week Range 49.47 - 92.37
Beta 1.87
Analysts Buy
Price Target 84.56 (-6.48%)
Earnings Date May 8, 2024

About LPX

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... [Read more]

Sector Industrials
Founded 1973
Employees 4,100
Stock Exchange NYSE
Ticker Symbol LPX
Full Company Profile

Financial Performance

In 2023, LPX's revenue was $2.58 billion, a decrease of -33.03% compared to the previous year's $3.85 billion. Earnings were $178.00 million, a decrease of -83.61%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LPX stock is "Buy." The 12-month stock price forecast is $84.56, which is a decrease of -6.48% from the latest price.

Price Target
$84.56
(-6.48% downside)
Analyst Consensus: Buy
Stock Forecasts

News

4 Stocks Warren Buffett Is Buying (and 6 He's Selling)

Warren Buffett's Berkshire Hathaway initiated a big stake in Chubb and dumped HPQ, among other moves.

2 days ago - Kiplinger

Price of engineered-wood siding soars 38%, fueling earnings beat for LP Building

Shares of Louisiana-Pacific Corp. took flight Wednesday toward a fresh record close after the maker of wood building products beat first-quarter earnings expectations and raised its full-year outlook,...

10 days ago - Market Watch

LP Building Solutions Reports First Quarter 2024 Results and Increases Second Quarter and Full Year Outlook for 2024

NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for the three mont...

10 days ago - Business Wire

LP Building Solutions and Lennar Announce Nationwide Partnership

NASHVILLE, Tenn. & MIAMI--(BUSINESS WIRE)--LP Building Solutions (LP), a leading manufacturer of high-performance building products, and Lennar Corporation, one of the nation's leading homebuilders, a...

5 weeks ago - Business Wire

LP Building Solutions Announces Date for First Quarter 2024 Earnings Conference Call

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (“LP”) (NYSE: LPX) today announced that it will release financial results for the first quarter 2024 on Wednesday, May 8, 2024. The company wil...

5 weeks ago - Business Wire

LP Building Solutions Expands LP NovaCore® Thermal Insulated Sheathing Line for More Energy-Efficient Homes

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced a significant expansion in its LP NovaCore® Thermal Insulat...

5 weeks ago - Business Wire

LP Building Solutions Recognized as Sustainable Brand Leader by Green Builder Media's 2024 Brand Index

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP), a leading manufacturer of high-performance building products, is proud to announce that LP® SmartSide® Trim & Siding was recognized as Gr...

5 weeks ago - Business Wire

LP Building Solutions Reports Fourth Quarter and Full Year 2023 Results, and Provides First Quarter and Full Year Outlook for 2024

NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (LP) (NYSE: LPX) today reported its financial results for the fourth quarter and year ended December 31, 2023. Key Highlights for the F...

3 months ago - Business Wire

LP Building Solutions Announces Increased Quarterly Dividend

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions ("LP") (NYSE: LPX) today announced that its Board of Directors has declared an increased quarterly cash dividend to common stockholders of $0.2...

3 months ago - Business Wire

LP and LP Foundation Drive Positive Change in 2023 With $875,000 in Donations

Celebrating its 50th year, the LP Foundation supported over 80 nonprofits and public schools NASHVILLE, Tenn., Dec. 27, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-...

5 months ago - PRNewsWire

LP Building Solutions Named One of America's Most Responsible Companies by Newsweek

Ranking places LP among America's top companies for environmental, social and governance practices NASHVILLE, Tenn. , Dec. 6, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of...

5 months ago - PRNewsWire

LP Building Solutions Pledges Support to Veteran Hiring Initiative

Sponsorship of veteran-focused recruitment and training program adds to LP's efforts to foster a diverse and inclusive workforce NASHVILLE, Tenn. , Nov. 9, 2023 /PRNewswire/ -- LP Building Solutions (...

6 months ago - PRNewsWire

LP Building Solutions Reports Third Quarter 2023 Results and Reaffirms Full Year Siding Guidance

NASHVILLE, Tenn. , Nov. 1, 2023 /PRNewswire/ -- Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for t...

7 months ago - PRNewsWire

LP Building Solutions Announces Quarterly Dividend

NASHVILLE, Tenn. , Oct. 26, 2023 /PRNewswire/ -- LP Building Solutions ("LP") (NYSE: LPX) today announced that its Board of Directors has declared a quarterly cash dividend to common stockholders of $...

7 months ago - PRNewsWire

LP Building Solutions Announces Date for Third Quarter 2023 Earnings Conference Call

NASHVILLE, Tenn. , Oct. 11, 2023 /PRNewswire/ -- LP Building Solutions ("LP") (NYSE: LPX) today announced that it will release financial results for the third quarter 2023 on Wednesday, November 1, 20...

7 months ago - PRNewsWire

LP Building Solutions Opens New LP® SmartSide® ExpertFinish® Facility in Bath, New York

The Steuben County-based manufacturing site marks the 13th siding facility in LP's portfolio NASHVILLE, Tenn. , Oct. 3, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-...

8 months ago - PRNewsWire

LP Building Solutions Releases 2023 Sustainability Report

Report details LP's resilience and sustainability across its operations and commitment to carbon-negative products NASHVILLE, Tenn. , Sept. 27, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leadi...

8 months ago - PRNewsWire

LP Building Solutions Releases Environmental Product Declarations Announcing Carbon Negativity for Structural Solutions Products

With five products included in the new classification, LP continues to deliver resiliency, performance and sustainability in the building products industry NASHVILLE, Tenn. , Sept. 26, 2023 /PRNewswir...

8 months ago - PRNewsWire

Top 4 Materials Stocks Which Could Rescue Your Portfolio This Month - Albemarle (NYSE:ALB), FMC (NYSE:FMC)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: ALBFMCPCT
8 months ago - Benzinga

LP Building Solutions Launches Amazon Storefront with LP® Structural Solutions Accessories

Select products now more accessible on LP's first-ever online storefront, available today NASHVILLE, Tenn. , Aug. 29, 2023 /PRNewswire/ -- LP Building Solutions  (LP), a leading manufacturer of high-p...

9 months ago - PRNewsWire

LP Building Solutions Awards More Than 60 College Scholarships to the Children of Team Members for the 2023-2024 Academic Year

More than $2.2 million in scholarships has been awarded to nearly 450 students through the LP Scholarship Program NASHVILLE, Tenn. , Aug. 15, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading...

9 months ago - PRNewsWire

LP Building Solutions Names Farias as Vice President of OSB Manufacturing and Stephens as Director of OSB Sales and Marketing

NASHVILLE, Tenn. , Aug. 9, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced that Gabriel Farias has been named Vice Presid...

10 months ago - PRNewsWire

LP Building Solutions and Huber Engineered Woods LLC Reach Settlement in Patent Infringement Litigation

Under the agreement, LP to continue to manufacture and sell LP WeatherLogic® Air & Water Barrier NASHVILLE, Tenn. , Aug. 7, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of h...

10 months ago - PRNewsWire

LP Building Solutions Honored by Newsweek with America's Greatest Workplaces 2023 Award

Designation ranks LP among America's top companies, highlighting its efforts to foster a safe, inclusive work environment where every team member can grow, thrive and belong NASHVILLE, Tenn. , Aug. 3,...

10 months ago - PRNewsWire

LP Building Solutions Reports Second Quarter 2023 Results, Provides Capital Allocation Update, and Outlook

NASHVILLE, Tenn. , Aug. 2, 2023 /PRNewswire/ -- Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for t...

10 months ago - PRNewsWire