There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Louisiana-Pacific Corporation (LPX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.11%, to $64.35. The Louisiana-Pacific Corporation has recorded 33,975 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed LP Building Solutions Launches Amazon Storefront with LP® Structural Solutions Accessories.
This NYSE-listed company operates within the Building Products & Equipment industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $64.28 and fluctuated between $64.78 as its day high and $62.94 as its day low. The current market capitalization of Louisiana-Pacific Corporation is $4.51B. A total of 1.17 million shares were traded on the day, compared to an average of 941.25K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, LPX has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 6,543 shares. Over the last 12 months, there were 16 BUYs and 30 SELLs from insiders. Insiders purchased 272,355 shares during that period but sold 137,559.
In the most recent transaction, Gottung Lizanne C sold 3,587 shares of LPX for 62.52 per share on Dec 15. After the transaction, the Director now owns 27,470 company shares.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Louisiana-Pacific Corporation pays an annual dividend of $0.96, resulting in a dividend yield of 1.49%, and it has a price to earnings (P/E) ratio of 39.73. LPX’s most recent ex-dividend date was 8/10/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 8/25/2023. Previously, the company paid the dividend on 5/26/2023 with an ex-dividend date of 5/11/2023. The LPX stock dividend was $0.24 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for LPX in the last 3 months, the mean price target is $76.00 with high estimates of $88.00 and low estimates of $60.00. In terms of 52-week highs and lows, LPX has a high of $79.56 and a low of $48.20.
As of this writing, LPX has an earnings estimate of $1.48 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.73 per share and a lower estimate of $1.37. The company reported an EPS of $0.34 in the last quarter, which was 580.00% higher than expectations of $0.05.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LPX’s latest balance sheet shows that the firm has $358.00M in Cash & Short Term Investments as of fiscal 2021. There were $390.00M in debt and $351.00M in liabilities at the time. Its Book Value Per Share was $19.71, while its Total Shareholder’s Equity was $1.24B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LPX is Buy with a score of 3.75.