Louisiana-Pacific Corporation (LPX)
Market Cap | 3.99B |
Revenue (ttm) | 2.75B |
Net Income (ttm) | 116.00M |
Shares Out | 72.11M |
EPS (ttm) | 1.56 |
PE Ratio | 35.43 |
Forward PE | 11.33 |
Dividend | $0.96 (1.74%) |
Ex-Dividend Date | Aug 10, 2023 |
Volume | 424,134 |
Open | 56.62 |
Previous Close | 56.09 |
Day's Range | 55.10 - 56.98 |
52-Week Range | 50.59 - 79.56 |
Beta | 1.72 |
Analysts | Strong Buy |
Price Target | 78.80 (+42.57%) |
Earnings Date | Oct 31, 2023 |
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, and South America. 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. The Oriented Strand Board segment man... [Read more]
Financial Performance
In 2022, LPX's revenue was $3.85 billion, a decrease of -15.35% compared to the previous year's $4.55 billion. Earnings were $1.09 billion, a decrease of -21.13%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for LPX stock is "Strong Buy." The 12-month stock price forecast is $78.8, which is an increase of 42.57% from the latest price.
News

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...

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...

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.

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...

5 Stocks Warren Buffett Is Buying (and 8 He's Selling)
Warren Buffett made bets on the housing market, cut back on GM and ultimately sold more stocks than he bought in Q2.

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...

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...

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...

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,...

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...

LP Building Solutions Announces Quarterly Dividend
NASHVILLE, Tenn. , July 28, 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 $...

LP Building Solutions Wins APA's 2022 Safest Company Award
LP's industry-leading safety program wins eleventh APA Safest Company Award since 2009 NASHVILLE, Tenn. , July 25, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of high-perfo...

LP Building Solutions Announces Date for Second Quarter 2023 Earnings Conference Call
NASHVILLE, Tenn. , July 12, 2023 /PRNewswire/ -- LP Building Solutions ("LP") (NYSE: LPX) today announced that it will release financial results for the second quarter 2023 on Wednesday, August 2, 202...

Lumber Producers Are Back in Favor on Wall Street
Shares in sawmill and wood-products companies are rebounding this year as home construction recovers.

LP Building Solutions Earns The Tennessean's Top Workplaces of Middle Tennessee Award for Second Consecutive Year
Survey findings show high rates for employee loyalty, motivation, and likelihood to recommend LP as a place to work NASHVILLE, Tenn. , June 26, 2023 /PRNewswire/ -- LP Building Solutions (LP), a lead...

LP Building Solutions Announces Grand Opening of LP Innovation Center
Partnership with Natural Resources Research Institute at University of Minnesota Duluth signals commitment to innovation and sustainability and fuels product pipeline NASHVILLE, Tenn. , June 22, 2023 ...

LP Building Solutions Announces Nationwide Product Distribution with Return to California
Availability supports LP's mission to provide an innovative and sustainable portfolio of high-quality products that help customers build beautiful, durable homes NASHVILLE, Tenn. , June 20, 2023 /PRNe...

LP® SmartSide® Trim & Siding Showcased as Sustainable Siding Product at the 2023 Berkshire Hathaway Shareholders Meeting
Bringing together sustainability and attainability, LP's home siding product was selected for Clayton's manufactured home built to Department of Energy Zero Energy Ready Home™ Specifications NASHVILLE...

LP Building Solutions Reports First Quarter 2023 Results, Provides Capital Allocation Update, and Second Quarter 2023 Outlook
NASHVILLE, Tenn. , May 3, 2023 /PRNewswire/ -- Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for th...

A Look at 5 Undervalued Buffett Stocks Ahead of Annual Meeting
Investors around the world are preparing to make the journey to Omaha, Nebraska to attend Berkshire Hathaway Inc.'s (BRK.A, Financial) (BRK.B, Financial) annual shareholder meeting this weekend.

LP Building Solutions to Acquire Forex's Wawa OSB Facility
Ontario-based mill set to become next LP® SmartSide® manufacturing facility NASHVILLE, Tenn. , April 21, 2023 /PRNewswire/ -- LP Building Solutions (LP) (NYSE: LPX), a leading manufacturer of high-per...

LP Building Solutions Partners With Outland Youth Employment Program
Award-winning program introduces Indigenous youth to careers in natural resource industries through hands-on learning opportunities NASHVILLE, Tenn. , April 20, 2023 /PRNewswire/ -- LP Building Soluti...

LP Building Solutions Announces Date for First Quarter 2023 Earnings Conference Call
NASHVILLE, Tenn. , April 12, 2023 /PRNewswire/ -- LP Building Solutions ("LP") (NYSE: LPX) today announced that it will release financial results for the first quarter of 2023 on Wednesday, May 3, 202...

LP Building Solutions Names Berman and Hopkins as Vice Presidents
Berman appointed Vice President, Chief Tax Officer; Hopkins appointed Vice President, Treasurer NASHVILLE, Tenn. , March 1, 2023 /PRNewswire/ -- LP Building Solutions (LP), a leading manufacturer of h...