As a leader in high-performance building solutions, LP manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as ® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile and Brazil.
Company profile
Ticker
LPX
Exchange
Website
CEO
William Southern
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LOUISIANA PACIFIC CORP
SEC CIK
Corporate docs
Subsidiaries
Ketchikan Pulp Company • Entekra Holdings, LLC • Entekra, LLC • Entekra Truss, LLC • Louisiana-Pacific Canada Holdings Ltd. • Louisiana-Pacific Canada Ltd. • Slocan-LP OSB Corp. • Louisiana-Pacific South America S.A. • Louisiana-Pacific Mexico • LP Brasil OSB Industria E. Comercio S.A. ...
IRS number
930609074
LPX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
14 Mar 23
DEFA14A
Additional proxy soliciting materials
14 Mar 23
DEF 14A
Definitive proxy
14 Mar 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Key Highlights for the Fourth Quarter of 2022, Compared to the Fourth Quarter of the Prior Year
21 Feb 23
8-K
LP Building Solutions Announces Quarterly Dividend
16 Feb 23
8-K
Entry into a Material Definitive Agreement
29 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
2 Nov 22
8-K
LP Building Solutions Reports Third Quarter of 2022 Results, Provides Capital Allocation Update, and Q4 2022 Outlook
31 Oct 22
Transcripts
LPX
Earnings call transcript
2022 Q4
21 Feb 23
LPX
Earnings call transcript
2022 Q3
1 Nov 22
LPX
Earnings call transcript
2022 Q2
9 Aug 22
LPX
Earnings call transcript
2022 Q1
3 May 22
LPX
Earnings call transcript
2021 Q4
22 Feb 22
LPX
Earnings call transcript
2021 Q3
2 Nov 21
LPX
Earnings call transcript
2021 Q2
3 Aug 21
LPX
Earnings call transcript
2021 Q1
4 May 21
LPX
Earnings call transcript
2020 Q4
16 Feb 21
LPX
Earnings call transcript
2020 Q3
3 Nov 20
Latest ownership filings
4
William Bradley Southern
14 Feb 23
4
Jason Paul Ringbloom
14 Feb 23
4
JIMMY EARL MASON
14 Feb 23
4
Alan Haughie
14 Feb 23
4
Derek Nelson Doyle
14 Feb 23
4
Nicole C Daniel
14 Feb 23
4
Michael W Blosser
14 Feb 23
SC 13G
BERKSHIRE HATHAWAY INC
14 Feb 23
4/A
Michael W Blosser
13 Feb 23
SC 13G
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 383.00 mm | 383.00 mm | 383.00 mm | 383.00 mm | 383.00 mm | 383.00 mm |
| Cash burn (monthly) | 33.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 97.58 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 285.42 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 8.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 389 |
| Opened positions | 73 |
| Closed positions | 51 |
| Increased positions | 100 |
| Reduced positions | 161 |
| 13F shares | Current |
|---|---|
| Total value | 4.04 tn |
| Total shares | 72.66 mm |
| Total puts | 999.20 k |
| Total calls | 655.30 k |
| Total put/call ratio | 1.5 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 7.12 mm | $421.62 bn |
| BRK.A Berkshire Hathaway | 7.04 mm | $417.06 bn |
| Vanguard | 6.88 mm | $407.46 bn |
| First Trust Portfolios | 4.02 mm | $0.00 |
| FMR | 3.52 mm | $208.31 bn |
| First Trust Advisors | 3.13 mm | $185.14 bn |
| Wellington Management | 3.07 mm | $181.58 bn |
| Dimensional Fund Advisors | 2.42 mm | $144.07 bn |
| MCQEF Macquarie | 2.19 mm | $129.44 bn |
| STT State Street | 2.09 mm | $123.87 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Feb 23 | Michael W Blosser | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 507 | 33.29 k | 215,844 |
| 12 Feb 23 | Nicole C. Daniel | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 609 | 39.99 k | 31,030 |
| 12 Feb 23 | Derek Nelson Doyle | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 173 | 11.36 k | 5,770 |
| 12 Feb 23 | Alan Haughie | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 1,430 | 93.91 k | 94,156 |
| 12 Feb 23 | Jimmy Earl Mason | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 253 | 16.61 k | 19,709 |
| 10 Feb 23 | Michael W Blosser | Common Stock | Grant | Acquire A | No | No | 65.67 | 3,622 | 237.86 k | 215,909 |
| 10 Feb 23 | Michael W Blosser | Common Stock | Payment of exercise | Dispose F | No | No | 65.67 | 3,939 | 258.67 k | 212,287 |
| 10 Feb 23 | Michael W Blosser | Common Stock | Option exercise | Acquire M | No | No | 65.67 | 8,632 | 566.86 k | 216,226 |
| 10 Feb 23 | Michael W Blosser | Performance Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 8,632 | 0.00 | 0 |
| 10 Feb 23 | Michael W Blosser | Performance Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 3,622 | 0.00 | 3,622 |
News
RBC Capital Reiterates Outperform on Louisiana-Pacific, Maintains $75 Price Target
20 Mar 23
5 Value Stocks In The Industrials Sector
8 Mar 23
Truist Securities Maintains Hold on Louisiana-Pacific, Lowers Price Target to $47
27 Feb 23
Warren Buffett May Think The Housing Market Has Bottomed: Berkshire's Bet On A Strong Recovery
24 Feb 23
Louisiana-Pacific's Return On Capital Employed Insights
22 Feb 23
Press releases
BlueLinx Announces Expansion of Distribution Partnership with LP
28 Feb 23
LP Building Solutions Reports Fourth Quarter and Full Year 2022 Results, Including Fourth Quarter Siding Solutions Net Sales Growth of 38%
21 Feb 23
LP Building Solutions Announces Increased Quarterly Dividend
17 Feb 23
LP Building Solutions Announces Date for Fourth Quarter and Year-End 2022 Earnings Conference Call
31 Jan 23