Media headlines about Louisiana-Pacific (NYSE:LPX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Louisiana-Pacific earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 48.080410995188 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
Get Louisiana-Pacific alerts:
Louisiana-Pacific (LPX) Investor Presentation – Slideshow (seekingalpha.com) Ex-Dividend Reminder: Louisiana-Pacific, Innophos Holdings and Sherwin-Williams (nasdaq.com) Form 4 LOUISIANA-PACIFIC CORP For: May 12 Filed by: COOK GARY (streetinsider.com) Here’s Why You Should Add Louisiana-Pacific (LPX) Stock Now (zacks.com) Is Louisiana-Pacific Corporation (LPX) a Great Stock for Value Investors? (zacks.com)
Shares of Louisiana-Pacific opened at $27.34 on Wednesday, according to MarketBeat Ratings. The stock has a market cap of $4.03 billion, a PE ratio of 11.73, a PEG ratio of 1.91 and a beta of 1.59. Louisiana-Pacific has a 12 month low of $26.96 and a 12 month high of $27.50. The company has a quick ratio of 4.53, a current ratio of 5.92 and a debt-to-equity ratio of 0.21.
Louisiana-Pacific (NYSE:LPX) last released its earnings results on Monday, May 7th. The construction company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.08). Louisiana-Pacific had a net margin of 15.13% and a return on equity of 25.35%. The company had revenue of $691.30 million during the quarter, compared to analysts’ expectations of $702.19 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. Louisiana-Pacific’s revenue for the quarter was up 13.1% compared to the same quarter last year. research analysts predict that Louisiana-Pacific will post 2.91 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, May 18th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, May 17th. This represents a $0.52 dividend on an annualized basis and a yield of 1.90%. Louisiana-Pacific’s payout ratio is 22.32%.
LPX has been the topic of several research reports. Bank of America raised shares of Louisiana-Pacific from an “underperform” rating to a “neutral” rating in a research report on Wednesday, January 24th. Scotiabank raised their price objective on shares of Louisiana-Pacific from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 14th. ValuEngine raised shares of Louisiana-Pacific from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 3rd. DA Davidson raised their price objective on shares of Louisiana-Pacific to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 14th. Finally, Seaport Global Securities began coverage on shares of Louisiana-Pacific in a research report on Thursday, March 15th. They set a “buy” rating and a $37.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $32.71.
In other Louisiana-Pacific news, EVP Neil Sherman sold 18,885 shares of Louisiana-Pacific stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $30.04, for a total transaction of $567,305.40. Following the transaction, the executive vice president now directly owns 62,770 shares of the company’s stock, valued at $1,885,610.80. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Gary Cook sold 5,000 shares of Louisiana-Pacific stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $28.58, for a total transaction of $142,900.00. Following the transaction, the director now directly owns 50,026 shares in the company, valued at $1,429,743.08. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by insiders.
Louisiana-Pacific Company Profile
Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America.
LPX)' title='News Sentimetn History for Louisiana-Pacific (NYSE:LPX)' />