DA Davidson Raises Earnings Estimates for Louisiana-Pacific

Louisiana-Pacific Co. (NYSE:LPX) – Investment analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for Louisiana-Pacific in a report released on Wednesday, November 6th. DA Davidson analyst K. Yinger now anticipates that the building manufacturing company will post earnings per share of $4.72 for the year, up from their prior 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 $5.29 per share.

Other analysts have also recently issued reports about the stock. The Goldman Sachs Group increased their target price on shares of Louisiana-Pacific from $90.00 to $99.00 and gave the stock a “sell” rating in a research note on Wednesday. TD Securities increased their price objective on Louisiana-Pacific from $115.00 to $123.00 and gave the stock a “hold” rating in a research report on Wednesday. Truist Financial boosted their target price on Louisiana-Pacific from $105.00 to $113.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Royal Bank of Canada upped their target price on Louisiana-Pacific from $119.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Bank of America lifted their price target on Louisiana-Pacific from $73.00 to $75.00 and gave the company an “underperform” rating in a research report on Thursday, September 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $101.78.

Louisiana-Pacific Price Performance

LPX stock opened at $111.63 on Friday. The firm has a 50 day moving average of $102.40 and a 200-day moving average of $93.49. The firm has a market capitalization of $7.84 billion, a P/E ratio of 19.25, a price-to-earnings-growth ratio of 4.79 and a beta of 1.88. Louisiana-Pacific has a 12 month low of $57.13 and a 12 month high of $113.04. The company has a current ratio of 2.92, a quick ratio of 1.95 and a debt-to-equity ratio of 0.21.

Louisiana-Pacific (NYSE:LPX) last posted its earnings results on Wednesday, August 7th. The building manufacturing company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.23. Louisiana-Pacific had a return on equity of 24.50% and a net margin of 14.29%. The business had revenue of $814.00 million during the quarter, compared to analyst estimates of $797.26 million. During the same quarter in the previous year, the firm earned $0.55 EPS. The company’s quarterly revenue was up 33.2% compared to the same quarter last year.

Louisiana-Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 20th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, November 20th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.93%. Louisiana-Pacific’s dividend payout ratio (DPR) is 17.93%.

Insider Activity

In other Louisiana-Pacific news, Director Lizanne C. Gottung sold 2,500 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $98.30, for a total value of $245,750.00. Following the completion of the sale, the director now directly owns 21,005 shares of the company’s stock, valued at $2,064,791.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Lizanne C. Gottung sold 2,500 shares of Louisiana-Pacific stock in a transaction on Monday, September 16th. The shares were sold at an average price of $98.30, for a total value of $245,750.00. Following the transaction, the director now directly owns 21,005 shares of the company’s stock, valued at $2,064,791.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO William Bradley Southern sold 32,600 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $93.44, for a total transaction of $3,046,144.00. Following the sale, the chief executive officer now directly owns 596,886 shares of the company’s stock, valued at $55,773,027.84. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LPX. Fidelis Capital Partners LLC bought a new position in Louisiana-Pacific in the 1st quarter worth $25,000. Whittier Trust Co. purchased a new position in shares of Louisiana-Pacific during the first quarter valued at about $31,000. Bessemer Group Inc. raised its stake in Louisiana-Pacific by 258.5% in the first quarter. Bessemer Group Inc. now owns 441 shares of the building manufacturing company’s stock worth $37,000 after buying an additional 318 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in Louisiana-Pacific in the third quarter worth about $38,000. Finally, GAMMA Investing LLC boosted its position in Louisiana-Pacific by 57.3% during the 2nd quarter. GAMMA Investing LLC now owns 486 shares of the building manufacturing company’s stock valued at $40,000 after acquiring an additional 177 shares in the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

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.