Barclays Cuts Louisiana-Pacific (NYSE:LPX) Price Target to $89.00

Louisiana-Pacific (NYSE:LPX) had its price objective trimmed by Barclays from $90.00 to $89.00 in a research report released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the building manufacturing company’s stock.

A number of other research analysts also recently weighed in on LPX. TD raised shares of Louisiana-Pacific from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research report on Thursday. DA Davidson reissued a “buy” rating and set a $114.00 target price on shares of Louisiana-Pacific in a research report on Tuesday, May 5th. TD Securities raised shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday. Oppenheimer reduced their target price on shares of Louisiana-Pacific from $115.00 to $107.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, BMO Capital Markets raised shares of Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 target price for the company in a research report on Thursday. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Louisiana-Pacific currently has an average rating of “Moderate Buy” and an average target price of $97.25.

Louisiana-Pacific Trading Up 0.1%

Shares of LPX stock opened at $75.23 on Friday. Louisiana-Pacific has a 52-week low of $66.68 and a 52-week high of $102.86. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.48 and a current ratio of 3.26. The company has a 50-day simple moving average of $75.15 and a two-hundred day simple moving average of $82.00. The company has a market capitalization of $5.26 billion, a price-to-earnings ratio of 63.75, a PEG ratio of 1.54 and a beta of 1.60.

Louisiana-Pacific (NYSE:LPX) last released its earnings results on Wednesday, May 6th. The building manufacturing company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.24. Louisiana-Pacific had a net margin of 3.20% and a return on equity of 7.03%. The firm had revenue of $574.00 million during the quarter, compared to the consensus estimate of $569.99 million. During the same period in the prior year, the firm earned $1.27 EPS. The company’s revenue was down 20.7% compared to the same quarter last year. Research analysts anticipate that Louisiana-Pacific will post 2.45 EPS for the current fiscal year.

Louisiana-Pacific Dividend Announcement

The firm also recently declared 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, May 14th. Louisiana-Pacific’s dividend payout ratio is presently 101.69%.

Insider Activity at Louisiana-Pacific

In other Louisiana-Pacific news, Director F Nicholas Grasberger III purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average cost of $85.49 per share, for a total transaction of $1,709,800.00. Following the purchase, the director owned 38,954 shares of the company’s stock, valued at $3,330,177.46. This represents a 105.52% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William Bradley Southern sold 14,166 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $89.29, for a total transaction of $1,264,882.14. Following the sale, the chief executive officer owned 461,719 shares in the company, valued at $41,226,889.51. The trade was a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.65% of the stock is currently owned by corporate insiders.

Institutional Trading of Louisiana-Pacific

Institutional investors have recently modified their holdings of the business. Millennium Management LLC lifted its stake in Louisiana-Pacific by 128.6% in the 1st quarter. Millennium Management LLC now owns 176,762 shares of the building manufacturing company’s stock worth $16,259,000 after purchasing an additional 99,455 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Louisiana-Pacific during the 1st quarter valued at $273,000. Goldman Sachs Group Inc. grew its position in shares of Louisiana-Pacific by 7.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 274,776 shares of the building manufacturing company’s stock valued at $25,274,000 after purchasing an additional 18,413 shares in the last quarter. Empowered Funds LLC grew its position in shares of Louisiana-Pacific by 207.1% during the 1st quarter. Empowered Funds LLC now owns 28,219 shares of the building manufacturing company’s stock valued at $2,596,000 after purchasing an additional 19,029 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Louisiana-Pacific by 15.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 225,565 shares of the building manufacturing company’s stock valued at $20,747,000 after purchasing an additional 29,846 shares in the last quarter. 94.73% of the stock is currently owned by hedge funds and other institutional investors.

Louisiana-Pacific News Roundup

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.

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.