Louisiana-Pacific (NYSE:LPX) Upgraded to Buy at TD Securities

TD Securities upgraded shares of Louisiana-Pacific (NYSE:LPX) from a hold rating to a buy rating in a report issued on Thursday morning, Marketbeat reports.

LPX has been the topic of several other reports. Zacks Research downgraded Louisiana-Pacific from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 5th. Weiss Ratings lowered shares of Louisiana-Pacific from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 21st. DA Davidson restated a “buy” rating and set a $114.00 price target on shares of Louisiana-Pacific in a research note on Tuesday. Oppenheimer reaffirmed an “outperform” rating on shares of Louisiana-Pacific in a research note on Tuesday, March 3rd. Finally, Barclays lowered their price target on Louisiana-Pacific from $104.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.13.

Louisiana-Pacific Stock Performance

NYSE:LPX traded up $0.20 during mid-day trading on Thursday, reaching $75.69. The stock had a trading volume of 390,899 shares, compared to its average volume of 1,140,948. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.53 and a current ratio of 3.26. Louisiana-Pacific has a twelve month low of $66.68 and a twelve month high of $102.86. The firm has a market capitalization of $5.29 billion, a price-to-earnings ratio of 64.09, a PEG ratio of 1.11 and a beta of 1.60. The business has a 50 day simple moving average of $75.15 and a 200 day simple moving average of $82.00.

Louisiana-Pacific (NYSE:LPX) last announced its quarterly earnings data on Wednesday, May 6th. The building manufacturing company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.29. Louisiana-Pacific had a return on equity of 7.03% and a net margin of 3.20%.The firm had revenue of $574.00 million for the quarter, compared to analyst estimates of $569.99 million. During the same quarter in the prior year, the company posted $1.27 earnings per share. Louisiana-Pacific’s quarterly revenue was down 20.7% on a year-over-year basis. On average, analysts expect that Louisiana-Pacific will post 2.7 earnings per share for the current fiscal year.

Louisiana-Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. Louisiana-Pacific’s payout ratio is presently 101.69%.

Insider Buying and Selling at Louisiana-Pacific

In other news, Director Lizanne M. Bruce sold 1,300 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $78.59, for a total value of $102,167.00. Following the transaction, the director directly owned 17,160 shares in the company, valued at approximately $1,348,604.40. This trade represents a 7.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William Bradley Southern sold 14,166 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $89.29, for a total transaction 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 represents a 2.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.65% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LPX. Channing Capital Management LLC boosted its stake in 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 purchasing an additional 90,388 shares during the period. Citigroup Inc. lifted its position in Louisiana-Pacific by 48.9% in the third quarter. Citigroup Inc. now owns 95,161 shares of the building manufacturing company’s stock worth $8,454,000 after purchasing an additional 31,244 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Louisiana-Pacific by 1.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,549,853 shares of the building manufacturing company’s stock valued at $137,666,000 after buying an additional 28,535 shares during the period. Eminence Capital LP lifted its holdings in Louisiana-Pacific by 7.9% in 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 during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its stake in Louisiana-Pacific by 27.5% during the third 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. Institutional investors and hedge funds own 94.73% of the company’s stock.

Louisiana-Pacific News Summary

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

• Positive Sentiment: Q1 earnings beat — LPX reported EPS of $0.38, well above street expectations, which supports the case for operational resilience despite cyclical pressure. Earnings Call Transcript
• Positive Sentiment: TD upgraded LPX from “hold” to “buy” with an $86 price target — signals dealer confidence in near‑term upside (~13.5% from recent prices). TD Upgrade
• Positive Sentiment: BMO upgraded to “outperform” with a $94 target — another constructive broker view implying meaningful upside if recovery continues. BMO Upgrade
• Positive Sentiment: Zacks moved LPX from “strong sell” to “hold” — a downgrade in negative stance that can reduce selling pressure. Zacks Note
• Neutral Sentiment: Oppenheimer trimmed its price target from $115 to $107 but kept an “outperform” rating — still a bullish stance, but the cut signals slightly reduced conviction on peak upside. Oppenheimer Note
• Negative Sentiment: Revenue and outlook concerns — revenue declined year-over-year and commentary/forward signals were viewed as disappointing by some outlets, which can temper the positive EPS surprise and pressure the share price. Revenue/Outlook Coverage

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.