Louisiana-Pacific Corporation (LPX)

NYSE: LPX · IEX Real-Time Price · USD
55.27
-0.82 (-1.46%)
At close: Sep 29, 2023, 4:00 PM
54.82
-0.45 (-0.81%)
After-hours: Sep 29, 2023, 7:51 PM EDT
-1.46%
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]

Sector Industrials
Founded 1973
Employees 4,300
Stock Exchange NYSE
Ticker Symbol LPX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$78.8
(42.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

3 days 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...

4 days 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
4 days 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...

4 weeks ago - PRNewsWire

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.

Other symbols: DHIFNDLENNVR
6 weeks ago - Kiplinger

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...

6 weeks 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...

7 weeks 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...

7 weeks 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,...

2 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...

2 months ago - PRNewsWire

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 $...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

Lumber Producers Are Back in Favor on Wall Street

Shares in sawmill and wood-products companies are rebounding this year as home construction recovers.

Other symbols: PHMWFG
3 months ago - WSJ

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...

3 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

The 7 Best Warren Buffett Dividend Stocks

The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are seven with healthy yields.

Other symbols: BACCVXHPQKHCKOPARA
5 months ago - Kiplinger

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.

Other symbols: BACCTSMUPS
5 months ago - GuruFocus

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire