Louisiana-Pacific Co. (NYSE:LPX) declared a quarterly dividend on Monday, November 4th, Fidelity reports. Shareholders of record on Thursday, November 14th will be paid a dividend of 0.135 per share by the building manufacturing company on Wednesday, December 4th. This represents a $0.54 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Wednesday, November 13th.
Shares of LPX stock traded up $0.28 during midday trading on Tuesday, hitting $29.78. The company had a trading volume of 24,593 shares, compared to its average volume of 2,070,568. The company’s 50 day simple moving average is $26.77 and its 200 day simple moving average is $25.09. Louisiana-Pacific has a 52-week low of $20.39 and a 52-week high of $30.34. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 10.87 and a beta of 1.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.52 and a quick ratio of 2.32.
Louisiana-Pacific (NYSE:LPX) last announced its quarterly earnings data on Tuesday, November 5th. The building manufacturing company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.10). Louisiana-Pacific had a net margin of 2.67% and a return on equity of 4.93%. The business had revenue of $603.00 million during the quarter, compared to analysts’ expectations of $606.71 million. During the same period in the prior year, the firm earned $0.83 EPS. Louisiana-Pacific’s revenue for the quarter was down 18.2% on a year-over-year basis. Analysts anticipate that Louisiana-Pacific will post 0.39 EPS for the current year.
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 structure markets. It also markets and sells products for use in light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America.
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