Boise Cascade, Louisiana-Pacific cut at BofA on weak housing outlook [Seeking Alpha]
Louisiana-Pacific Corporation (LPX)
Last louisiana-pacific corporation earnings: 2/11 06:55 am
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Source: Seeking Alpha
Boise Cascade, Louisiana-Pacific cut at BofA on weak housing outlookJun. 23, 2022 3:33 PM ETBoise Cascade Company (BCC)LPXWYPCHBy:Carl SurranSA News Editorpixelprof/E+ via Getty ImagesBoise Cascade (NYSE:-10.3%-3.6%downgradesU.S. single-family housing starts, which the bank forecasts will drop to 800K-900K in 2023 from a current pace of 1.1M.Home affordability has dropped to the lowest levels since 2006, which has priced out many entry-level buyers, and BofA analysts led by George Staphos expect weaker housing demand will be reflected in wood volumes and pricing.Volatility among the wood stocks makes it difficult to catch tops and bottoms with rating changes, but Staphos notes Boise (BofA slashed stock price targets for Boise (With higher interest rates and soaring home prices beginning to take a toll on home sales,lumber futures recently fell to YTD lows
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- Here's What Cooper Investors Think About Louisiana-Pacific Corporation (LPX) [Yahoo! Finance]Yahoo! Finance
- Pulling back 6.1% this week, Louisiana-Pacific's NYSE:LPX) five-year decline in earnings may be coming into investors focus [Yahoo! Finance]Yahoo! Finance
- Global Oriented Strand Board (OSB) Industry Business Report 2024: Market to Surpass $50 Billion by 2030 - Rise in the Construction of Smart Buildings Bodes Well [Yahoo! Finance]Yahoo! Finance
- Will Louisiana-Pacific (LPX) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Louisiana-Pacific (LPX) and Lennar Forge Nationwide Partnership [Yahoo! Finance]Yahoo! Finance
LPX
Earnings
- 2/14/24 - Beat
LPX
Sec Filings
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- 3/27/24 - Form DEF
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