Louisiana-Pacific (NYSE:LPX) Price Target Lowered to $99.00 at DA Davidson

Louisiana-Pacific (NYSE:LPX) had its price target trimmed by DA Davidson from $103.00 to $99.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the building manufacturing company’s stock.

A number of other research analysts have also weighed in on the stock. Truist Financial dropped their price target on shares of Louisiana-Pacific from $91.00 to $89.00 and set a “buy” rating on the stock in a research report on Thursday. Zacks Research downgraded Louisiana-Pacific from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. Bank of America raised their target price on Louisiana-Pacific from $85.00 to $101.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. The Goldman Sachs Group increased their price target on shares of Louisiana-Pacific from $66.00 to $74.00 and gave the company a “sell” rating in a research report on Thursday. Finally, TD lifted their price objective on shares of Louisiana-Pacific from $86.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Eleven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.00.

Louisiana-Pacific Stock Down 1.9%

Louisiana-Pacific stock traded down $1.48 during midday trading on Wednesday, reaching $75.88. The stock had a trading volume of 1,440,417 shares, compared to its average volume of 1,154,627. The company has a market capitalization of $5.30 billion, a P/E ratio of 64.31, a PEG ratio of 2.50 and a beta of 1.62. Louisiana-Pacific has a 12 month low of $66.12 and a 12 month high of $102.86. The company has a fifty day moving average price of $75.14 and a two-hundred day moving average price of $77.81. The company has a current ratio of 3.26, a quick ratio of 1.48 and a debt-to-equity ratio of 0.20.

Louisiana-Pacific (NYSE:LPX) last issued its earnings results on Wednesday, August 5th. The building manufacturing company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.13). Louisiana-Pacific had a return on equity of 7.03% and a net margin of 3.20%.The firm had revenue of $665.00 million for the quarter, compared to analyst estimates of $667.31 million. During the same period in the previous year, the company earned $0.99 earnings per share. Louisiana-Pacific’s revenue for the quarter was down 12.1% compared to the same quarter last year. As a group, equities analysts expect that Louisiana-Pacific will post 1.86 EPS for the current fiscal year.

Louisiana-Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.30 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. Louisiana-Pacific’s dividend payout ratio (DPR) is presently 101.69%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new stake in Louisiana-Pacific during the 2nd quarter valued at $43,845,000. Wedge Capital Management L L P NC boosted its holdings in shares of Louisiana-Pacific by 35.8% in the second quarter. Wedge Capital Management L L P NC now owns 120,492 shares of the building manufacturing company’s stock worth $9,478,000 after acquiring an additional 31,734 shares during the period. Handelsbanken Fonder AB grew its position in shares of Louisiana-Pacific by 8.1% in the second quarter. Handelsbanken Fonder AB now owns 20,085 shares of the building manufacturing company’s stock valued at $1,580,000 after purchasing an additional 1,500 shares in the last quarter. Valeo Financial Advisors LLC raised its stake in shares of Louisiana-Pacific by 1.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 9,225 shares of the building manufacturing company’s stock valued at $726,000 after purchasing an additional 147 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Louisiana-Pacific by 30.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,486 shares of the building manufacturing company’s stock valued at $117,000 after purchasing an additional 349 shares during the period. 94.73% of the stock is owned by institutional investors.

Key Stories Impacting Louisiana-Pacific

Here are the key news stories impacting Louisiana-Pacific this week:

• Positive Sentiment: Truist remains bullish: Truist Financial lowered its price target from $91 to $89 but maintained a “buy” rating, implying approximately 17% upside. Benzinga analyst rating report
• Positive Sentiment: Barclays maintains an overweight rating: Barclays reduced its target from $93 to $92 while retaining an “overweight” recommendation, implying roughly 21% upside. Benzinga analyst rating report
• Neutral Sentiment: Goldman Sachs is more cautious: Goldman raised its target from $66 to $74 but assigned a “sell” rating, suggesting limited downside at recent trading levels and highlighting disagreement among analysts about LPX’s valuation and outlook. Benzinga analyst rating report
• Negative Sentiment: Second-quarter results missed expectations: LPX reported adjusted earnings of $0.40 per share, below the $0.53–$0.58 consensus range, while revenue of $665 million was slightly below estimates and fell 12.1% year over year. Earnings also declined from $0.99 per share in the prior-year quarter. Louisiana-Pacific Q2 earnings report
• Negative Sentiment: Revenue guidance was substantially below expectations: Management projected third-quarter revenue of $460 million to $470 million versus consensus of $684.3 million, and full-year 2026 revenue of approximately $1.7 billion versus consensus of $2.6 billion. The outlook raises concerns about weaker demand and near-term operating performance. Louisiana-Pacific earnings call

Louisiana-Pacific Company Profile

Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.