It’s Not Over Yet For Louisiana-Pacific Corp. (NYSE: LPX)

After Hours

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.

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Stocks Info

The company is listed on the NYSE and operates within the Building Products & Equipment industry segment. The current market capitalization of Louisiana-Pacific Corp. is $5.43B. A total of 0.97 million shares were traded on the day, compared to an average of 954.34K shares.

In the most recent transaction, Gottung Lizanne C sold 2,500 shares of LPX for 77.58 per share on Mar 15 ’24. After the transaction, the Director now owns 25,995 company shares. In a previous transaction on Dec 14 ’23, Blosser Michael W sold 4,060 shares at 67.00 per share. LPX shares that SVP, Manufacturing Services owns now total 49,858.

Among the insiders who sold shares, Gottung Lizanne C disposed of 3,313 shares on Dec 14 ’23 at a per-share price of $67.00. This resulted in the Director holding 28,495 shares of LPX after the transaction. In another insider transaction, Doyle Derek Nelson sold 1,500 shares at $58.65 per share on Nov 06 ’23. Company shares held by the VP, Controller & CAO now total 4,356.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Louisiana-Pacific Corp. pays an annual dividend of $0.98, resulting in a dividend yield of 1.30%, and it has a price to earnings (P/E) ratio of 30.41. LPX’s most recent ex-dividend date was 2/22/2024 when it declared a $0.26 quarterly dividend that was paid in cash on 3/8/2024. Previously, the company paid the dividend on 11/22/2023 with an ex-dividend date of 11/9/2023. The LPX stock dividend was $0.24 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, LPX has a high of $84.54 and a low of $49.47.

As of this writing, LPX has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $1.21 per share and a lower estimate of $0.98. The company reported an EPS of $0.34 in the last quarter

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LPX’s latest balance sheet shows that the firm has $358.00M in Cash & Short Term Investments as of fiscal 2021. There were $397.00M in debt and $360.00M in liabilities at the time. Its Book Value Per Share was $21.58, while its Total Shareholder’s Equity was $1.24B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.00.

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