Latest news with #LPX
Globe and Mail
01-08-2025
- Business
- Globe and Mail
LP Building Solutions Announces Quarterly Dividend
LP Building Solutions ("LP") (NYSE: LPX) today announced that its Board of Directors has declared a quarterly cash dividend to common stockholders of $0.28 per share. The dividend will be payable on August 29, 2025, to stockholders of record as of August 15, 2025. About LP Building Solutions As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive portfolio of innovative and dependable products includes Siding Solutions (LP ® SmartSide ® Trim & Siding, LP ® SmartSide ® ExpertFinish ® Trim & Siding, LP BuilderSeries ® Lap Siding and LP ® Outdoor Building Solutions ™), LP ® Structural Solutions (LP ® TechShield ® Radiant Barrier Sheathing, LP WeatherLogic ® Air & Water Barrier, LP Legacy ® Premium Sub-Flooring, LP ® FlameBlock ® Fire-Rated Sheathing, LP NovaCore ® Thermal Insulated Sheathing and LP ® TopNotch ® 350 Durable Sub-Flooring) and LP ® Oriented Strand Board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World ™ by helping customers construct beautiful, durable homes while stockholders build lasting value. Headquartered in Nashville, Tennessee, LP operates over 20 manufacturing facilities across the U.S., Canada, Chile and Brazil. For more information, visit
Business Insider
17-07-2025
- Business
- Business Insider
RBC Capital Sticks to Its Buy Rating for Louisiana-Pacific (LPX)
RBC Capital analyst Matt McKellar maintained a Buy rating on Louisiana-Pacific yesterday and set a price target of $115.00. The company's shares closed yesterday at $87.34. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, McKellar is a 3-star analyst with an average return of 3.5% and a 44.19% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Clearwater Paper, Mercer International, and Rayonier Advanced Materials. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Louisiana-Pacific with a $107.00 average price target, implying a 22.51% upside from current levels. In a report released on July 11, Truist Financial also maintained a Buy rating on the stock with a $108.00 price target. Based on Louisiana-Pacific's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $724 million and a net profit of $91 million. In comparison, last year the company earned a revenue of $724 million and had a net profit of $108 million Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LPX in relation to earlier this year. Last month, Lizanne Gottung, a Director at LPX sold 1,179.00 shares for a total of $105,544.08.
Yahoo
24-06-2025
- Business
- Yahoo
Louisiana-Pacific (LPX) Beats Stock Market Upswing: What Investors Need to Know
Louisiana-Pacific (LPX) ended the recent trading session at $87.81, demonstrating a +1.4% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.96%. On the other hand, the Dow registered a gain of 0.89%, and the technology-centric Nasdaq increased by 0.94%. Prior to today's trading, shares of the home construction supplier had lost 6.52% lagged the Construction sector's loss of 2.29% and the S&P 500's gain of 0.5%. The investment community will be closely monitoring the performance of Louisiana-Pacific in its forthcoming earnings report. The company is expected to report EPS of $1.13, down 45.93% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $747.25 million, down 8.2% from the year-ago period. LPX's full-year Zacks Consensus Estimates are calling for earnings of $4.38 per share and revenue of $2.93 billion. These results would represent year-over-year changes of -25.51% and -0.49%, respectively. It's also important for investors to be aware of any recent modifications to analyst estimates for Louisiana-Pacific. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, Louisiana-Pacific is carrying a Zacks Rank of #3 (Hold). Investors should also note Louisiana-Pacific's current valuation metrics, including its Forward P/E ratio of 19.77. Its industry sports an average Forward P/E of 26.49, so one might conclude that Louisiana-Pacific is trading at a discount comparatively. Meanwhile, LPX's PEG ratio is currently 1.28. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Building Products - Wood industry currently had an average PEG ratio of 2.28 as of yesterday's close. The Building Products - Wood industry is part of the Construction sector. With its current Zacks Industry Rank of 201, this industry ranks in the bottom 19% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
18-06-2025
- Business
- Business Wire
SWIVEL® Announces Integration of Magic-Wrighter's LoanPay Xpress Into SWIVEL's Payments Platform
SAN ANTONIO--(BUSINESS WIRE)--Following its acquisition of Magic-Wrighter, Inc., SWBC's SWIVEL Transactions, LLC, a leading fintech company specializing in integrated solutions, today announced the upcoming transition to fully integrate Magic-Wrighter's LoanPay Xpress (LPX) into SWIVEL's award-winning payments platform, bringing improved performance and a streamlined experience to better serve consumers' needs. 'For our existing Magic-Wrighter clients, we are excited to provide them with access to the full range of benefits that SWIVEL provides, as well as SWIVEL's extensive resources and proven industry expertise.' Users of Magic-Writer's LoanPay Xpress (LPX) and New Account Funding platforms will be upgraded to the SWIVEL Platform. With the transition to SWIVEL, those clients gain additional feature functionality, including Apple Pay, access to AutoPilot®, upgraded experiences through SWIVEL Pay, access to SWIVEL's integration suite, and more. SWIVEL's cohesive, mobile-friendly, browser-based platform helps clients centralize management of their various payments portfolios with easy access to invoicing, settlement reporting, returned transactions, chargebacks, and robust reporting capabilities. For K-12 clients, SWIVEL will continue to provide its all-in-one solution, e~Funds for Schools. 'For our existing Magic-Wrighter clients, we are excited to provide them with access to the full range of benefits that SWIVEL provides, as well as SWIVEL's extensive resources and proven industry expertise,' said Amanda Crocker, President of SWIVEL. 'While the product name may be changing for some, rest assured that the platform reliability and commitment to service that they have come to expect will not.' A recognized paytech leader, SWIVEL helps financial institutions, K-12 education institutions, and the companies that support them, optimize and simplify their transaction processes so they can focus on what they do best. SWIVEL is consistently recognized within the industry, including being named a 2024 PayTech Awards USA winner in the category of "Top Innovation in Payments – Solutions for Banks & FIs,' a finalist in the category for 'Tech of the Future," and a 2024 Finovate Awards finalist for 'Best Enterprise Payments Solution.' About SWIVEL SWIVEL®, an SWBC company, offers an integrated platform that simplifies the use of Apple Pay ®, Debit, Credit, and ACH for payments. The platform serves over 2,000 clients, including financial institutions, K-12 education institutions, and the software companies that support them. SWIVEL integrates with existing systems to manage payments, streamline operations, and provide user engagement tools. With tailored risk management controls for each transaction, SWIVEL helps businesses maintain compliance and improve payment processes. The company is a wholly owned subsidiary of SWBC, headquartered in San Antonio, Texas. Find more information at Apple Pay ® is a registered trademark.
Yahoo
03-06-2025
- Business
- Yahoo
Louisiana-Pacific Expands BlueLinx Partnership in Springfield
Louisiana-Pacific Corporation LPX, a producer of engineered wood building products, expanded its distribution partnership with BlueLinx Holdings to include the market of Springfield, MO. This expansion adds LP SmartSide Trim & Siding and LP SmartSide ExpertFinish Trim & Siding to the market of Springfield, MO. It increases LPX product availability across 19 BlueLinx locations in five regions. Louisiana-Pacific Corporation focuses on growth through strategic acquisitions and wider product availability. The company has been enhancing manufacturing capabilities to support its siding product range. At the same time, LPX has been expanding its sales channels by increasing product options on online May 5, 2025, the company expanded its Amazon storefront to include LP SmartSide ExpertFinish Trim & Siding accessories. The storefront was originally launched in 2023 for LP Structural Solutions. With this expansion, Louisiana-Pacific aims to improve accessibility and convenience by offering more product options. These efforts aim to strengthen the company's market presence and drive growth. The company also continues to build strong relationships with key distribution partners like BlueLinx to support ongoing expansion. Image Source: Zacks Investment Research In the past six months, shares of this leading manufacturer of high-performance building products have lost 24.3% compared with the Zacks Building Products - Wood industry's 5% decline. Although housing market softness, newly levied tariffs and inflation are restricting growth, increased demand for its Siding products and disciplined capital management are likely to support growth and profitability in the upcoming term. Louisiana-Pacific currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the Construction sector are Sterling Infrastructure, Inc. STRL, EMCOR Group, Inc. EME and Gibraltar Industries, Inc. presently has a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks company delivered a trailing four-quarter earnings surprise of 11.5%, on average. The stock has increased 68.4% in the past year. The Zacks Consensus Estimate for Sterling's 2025 sales indicates a decrease of 1.7% and the same for earnings implies an increase of 38.5% year over currently holds a Zacks Rank #2. The company delivered a trailing four-quarter earnings surprise of 22.8%, on average. The stock has increased 27.3% in the past consensus estimate for EMCOR's 2025 sales and EPS implies an increase of 13.3% and 9.7%, respectively, from a year currently carries a Zacks Rank #2. The company delivered a trailing four-quarter earnings surprise of 3.1%, on average. The stock has lost 20.6% in the past Zacks Consensus Estimate for Gibraltar's 2025 sales and EPS implies an increase of 9.3% and 15.8%, respectively, from a year ago. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Gibraltar Industries, Inc. (ROCK) : Free Stock Analysis Report Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
