Louisiana-Pacific (NYSE:LPX) Given “Buy” Rating at Truist Financial

Truist Financial restated their buy rating on shares of Louisiana-Pacific (NYSE:LPX) in a report released on Friday morning,Benzinga reports. The firm currently has a $93.00 price objective on the building manufacturing company’s stock, down from their prior price objective of $95.00.

A number of other research firms have also recently weighed in on LPX. Weiss Ratings cut shares of Louisiana-Pacific from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, April 21st. TD Securities raised shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday. Oppenheimer reduced their price target on shares of Louisiana-Pacific from $115.00 to $107.00 and set an “outperform” rating on the stock in a research report on Thursday. BMO Capital Markets raised shares of Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 price target on the stock in a research report on Thursday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $104.00 price target on shares of Louisiana-Pacific in a research report on Wednesday, February 18th. Nine investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $97.25.

Louisiana-Pacific Trading Down 0.3%

LPX stock opened at $75.23 on Friday. The company has a quick ratio of 1.53, a current ratio of 3.26 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $75.15 and a 200-day simple moving average of $82.00. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 63.75, a PEG ratio of 1.48 and a beta of 1.60. Louisiana-Pacific has a 52 week low of $66.68 and a 52 week high of $102.86.

Louisiana-Pacific (NYSE:LPX) last posted its quarterly earnings data on Wednesday, May 6th. The building manufacturing company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.29. The company had revenue of $574.00 million during the quarter, compared to analysts’ expectations of $569.99 million. Louisiana-Pacific had a net margin of 3.20% and a return on equity of 7.03%. The firm’s revenue for the quarter was down 20.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.27 EPS. On average, equities research analysts expect that Louisiana-Pacific will post 2.56 EPS for the current year.

Louisiana-Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Thursday, May 14th will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.20 annualized dividend and a yield of 1.6%. Louisiana-Pacific’s dividend payout ratio is 94.92%.

Insider Buying and Selling at Louisiana-Pacific

In other news, CEO William Bradley Southern sold 14,166 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $89.29, for a total value of $1,264,882.14. Following the completion of the transaction, the chief executive officer directly owned 461,719 shares in the company, valued at $41,226,889.51. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lizanne M. Bruce sold 1,300 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $78.59, for a total transaction of $102,167.00. Following the sale, the director owned 17,160 shares of the company’s stock, valued at $1,348,604.40. The trade was a 7.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.65% of the stock is owned by company insiders.

Institutional Investors Weigh In On Louisiana-Pacific

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Channing Capital Management LLC boosted its position in shares of Louisiana-Pacific by 12.0% during the 3rd quarter. Channing Capital Management LLC now owns 840,500 shares of the building manufacturing company’s stock valued at $74,670,000 after acquiring an additional 90,388 shares in the last quarter. Citigroup Inc. boosted its position in shares of Louisiana-Pacific by 48.9% during the 3rd quarter. Citigroup Inc. now owns 95,161 shares of the building manufacturing company’s stock valued at $8,454,000 after acquiring an additional 31,244 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Louisiana-Pacific by 1.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,549,853 shares of the building manufacturing company’s stock valued at $137,666,000 after acquiring an additional 28,535 shares in the last quarter. Eminence Capital LP boosted its position in shares of Louisiana-Pacific by 7.9% during the 3rd quarter. Eminence Capital LP now owns 3,115,959 shares of the building manufacturing company’s stock valued at $276,822,000 after acquiring an additional 228,521 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Louisiana-Pacific by 27.5% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 57,876 shares of the building manufacturing company’s stock valued at $5,142,000 after purchasing an additional 12,490 shares during the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Trending Headlines about Louisiana-Pacific

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

• Positive Sentiment: BMO Capital upgraded Louisiana-Pacific to outperform and set a $94 price target, adding to the bullish tone around the stock. BMO Capital upgrades Louisiana-Pacific (LPX)
• Positive Sentiment: Truist reaffirmed its buy rating on LPX and kept a $93 target, implying meaningful upside from current levels.
• Positive Sentiment: Barclays reiterated an overweight rating and only trimmed its target slightly to $89, signaling continued confidence in the stock.
• Positive Sentiment: TD Securities upgraded LPX from hold to buy and assigned an $86 target, reflecting improved sentiment after the earnings report.
• Positive Sentiment: BMO Capital Markets also upgraded LPX earlier this week from market perform to outperform, while Oppenheimer maintained an outperform rating despite lowering its target to $107.
• Positive Sentiment: Louisiana-Pacific’s Q1 2026 results beat expectations, with EPS of $0.38 versus the $0.14 consensus, helping support the recent analyst upgrades.
• Neutral Sentiment: Zacks Research upgraded LPX from strong sell to hold, which is an improvement but still not a bullish call.

About Louisiana-Pacific

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.