Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Louisiana-Pacific Corporation (NASDAQ:LPX) To Release Earnings

Analysts await Louisiana-Pacific Corporation (NASDAQ:LPX) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.02 EPS, up 750% or $0.15 from last year’s $-0.13 per share.

At the moment 11 analysts are watching Louisiana-Pacific Corporation (NASDAQ:LPX), 3 rate it “Buy”, 1 “Outperform”, 7 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 8 analysts have a mean sales target of 572.37 million. For the quarter ending Sep-16, 8 analysts have a mean sales target of 582.46 million whilst for the year ending Dec-16, 12 analysts have a mean target of 2,197.25 million.

In terms of earnings per share, 11 analysts have a 0.13 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 11 analysts have a 0.19 EPS mean target and for the quarter ending Sep-16 there are 12 estimates of 0.46 EPS.

The biggest institutional shareholders in Louisiana-Pacific Corporation include T Rowe Price Associates, Inc which owns 15 million shares in the company valued at $224.66 million. T. Rowe Price Associates, Inc. is the second biggest holder with 13 million shares currently valued at 235.36 million whilst Wellington Management Company LLP has 12 million shares valued at 224.90 million.

Total shares held by institutions as of the most recent company filings are 186,176,773 with a reported 7,540,578 bought and 13,057,051 sold. These holdings make up 93.92% of the company’s outstanding shares.

Currently insiders hold 2,077,928 shares in the business which makes up 1.45% of shares. The biggest holder currently is Archie W. Dunham who owns 646,314 shares (0.45% of those outstanding), whilst Curtis M. Stevens holds 359,418 (0.25% of shares outstanding) and Richard (Rick) W. Frost holds 341,746 (0.24% of shares outstanding).

The stock increased 1.61% or $0.29 during the last trading session, hitting $18.75. Louisiana-Pacific Corporation (NASDAQ:LPX) has risen 6.24% over the past 6 months and is uptrending.

Receive News & Ratings Via Email


Enter your email address below to get the latest news and analysts' ratings for your stocks with MarketBeat's FREE daily email newsletter:


Navigation