Louisiana-Pacific Corporation (LPX)

Louisiana-Pacific reported Q3 2025 earnings per share (EPS) of $0.36, missing the consensus estimate by $0.01, with revenue declining 8.2% year-over-year. Oppenheimer initiated coverage of Louisiana-Pacific Inc. (LPX) with an Outperform rating and a $115 target price. LPX is expected to release its Q4 2025 earnings before the market opens on February 17, 2026. There have been several insider selling activities by company executives and directors, with some buying by Stephen Macadam. The stock price as of January 30, 2026, was $83.74, representing a decline of 28.88% from its price of $117.74 on February 3, 2025.

Demand for Louisiana-Pacific's products and services is inherently tied to the cyclical nature of the North American housing market and repair and remodel projects. While the company's businesses demonstrated an ability to outperform a flat housing market and soft repair and remodeling activity in 2024, the underlying market conditions are subject to seasonal and economic fluctuations. Management anticipated that housing starts for 2025 would be flat or experience low single-digit growth year-over-year. The Q3 2025 earnings call also noted sluggish demand, particularly in the Southeast for OSB products.

Louisiana-Pacific Corporation (LPX) is a leading manufacturer of engineered wood products, providing building solutions for new home construction, repair and remodeling, and outdoor structure markets globally. The company operates within the Capital Goods sector, specifically in the Construction - Supplies & Fixtures industry, also categorized as Building Products & Equipment or Forest & Wood Products. LPX's major products are categorized into three primary segments: Siding, Oriented Strand Board (OSB), and LP South America (LPSA). The company also has an Engineered Wood Products (EWP) segment.

Louisiana-Pacific Corporation has a significant geographic presence, operating multiple production facilities across the United States and Canada. The company is largely exposed to the North American housing market. Additionally, LPX has established capacity in Brazil and Chile, with sales offices in Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, and Peru, serving South American and certain export markets. The company's headquarters are located in Nashville, Tennessee.

Louisiana-Pacific has maintained a positive brand reputation, particularly with its Siding products. The LP SmartSide Trim & Siding and LP SmartSide ExpertFinish Trim & Siding lines have shown strong performance. The ExpertFinish product line reported a year-to-date sales increase of 24% (as of September 22, 2025), with significant volume expansion projected for the coming years. Analysts have generally praised the company's execution, and the company emphasizes environmental stewardship and continuous research and development.

Louisiana-Pacific Corporation has a significant institutional ownership, including Vanguard Group Inc., BlackRock, Inc., Berkshire Hathaway Inc., Eminence Capital, LP, 59 North Capital Management, LP, Fmr Llc, State Street Corp., and Dimensional Fund Advisors LP. Individual insiders hold approximately 1.31% of the shares.