Louisiana-Pacific Corporation (NYSE:LPX – Free Report) – Seaport Res Ptn cut their FY2026 EPS estimates for shares of Louisiana-Pacific in a report released on Tuesday, July 15th. Seaport Res Ptn analyst M. Weintraub now anticipates that the building manufacturing company will post earnings per share of $5.10 for the year, down from their previous forecast of $5.40. The consensus estimate for Louisiana-Pacific’s current full-year earnings is $5.27 per share.
Louisiana-Pacific (NYSE:LPX – Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The building manufacturing company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.14. Louisiana-Pacific had a net margin of 13.74% and a return on equity of 23.75%. The firm had revenue of $724.00 million during the quarter, compared to the consensus estimate of $711.66 million. During the same period last year, the firm posted $1.53 EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis.
Louisiana-Pacific Trading Up 1.5%
Shares of NYSE LPX opened at $88.64 on Thursday. Louisiana-Pacific has a 1-year low of $78.82 and a 1-year high of $122.87. The company has a 50-day moving average of $90.57 and a two-hundred day moving average of $96.06. The company has a current ratio of 3.03, a quick ratio of 1.59 and a debt-to-equity ratio of 0.21. The company has a market cap of $6.17 billion, a PE ratio of 15.55, a P/E/G ratio of 1.39 and a beta of 1.84.
Louisiana-Pacific Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 20th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Tuesday, May 20th. Louisiana-Pacific’s dividend payout ratio (DPR) is presently 19.65%.
Insider Buying and Selling at Louisiana-Pacific
In other news, Director Lizanne C. Gottung sold 1,179 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $89.52, for a total value of $105,544.08. Following the completion of the transaction, the director owned 18,838 shares in the company, valued at $1,686,377.76. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in LPX. Alyeska Investment Group L.P. boosted its holdings in Louisiana-Pacific by 1,736.2% during the fourth quarter. Alyeska Investment Group L.P. now owns 891,351 shares of the building manufacturing company’s stock worth $92,299,000 after purchasing an additional 842,809 shares during the last quarter. Norges Bank acquired a new position in Louisiana-Pacific during the fourth quarter worth $78,181,000. 59 North Capital Management LP boosted its holdings in Louisiana-Pacific by 32.1% during the first quarter. 59 North Capital Management LP now owns 2,618,643 shares of the building manufacturing company’s stock worth $240,863,000 after purchasing an additional 635,817 shares during the last quarter. Palestra Capital Management LLC boosted its holdings in Louisiana-Pacific by 173.5% during the first quarter. Palestra Capital Management LLC now owns 911,621 shares of the building manufacturing company’s stock worth $83,851,000 after purchasing an additional 578,248 shares during the last quarter. Finally, FMR LLC boosted its holdings in Louisiana-Pacific by 17.1% during the fourth quarter. FMR LLC now owns 3,708,649 shares of the building manufacturing company’s stock worth $384,031,000 after purchasing an additional 540,703 shares during the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.
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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