Shares of LCI Industries (NYSE:LCII – Get Free Report) have been assigned an average rating of “Hold” from the ten brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $126.25.
A number of equities research analysts have weighed in on LCII shares. Stifel Nicolaus reduced their target price on LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Benchmark decreased their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. BMO Capital Markets set a $118.00 target price on LCI Industries in a research note on Thursday, August 6th. Jefferies Financial Group reiterated a “hold” rating and set a $120.00 price objective on shares of LCI Industries in a research report on Thursday, August 6th. Finally, Zacks Research downgraded shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th.
Get Our Latest Analysis on LCII
LCI Industries Stock Performance
LCI Industries (NYSE:LCII – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the company posted $2.39 earnings per share. The business’s revenue for the quarter was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Sell-side analysts expect that LCI Industries will post 8.45 EPS for the current fiscal year.
LCI Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were given a dividend of $1.15 per share. The ex-dividend date was Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a yield of 5.1%. LCI Industries’s payout ratio is currently 53.49%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Huntington National Bank raised its holdings in LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of LCI Industries during the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of LCI Industries by 358.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after purchasing an additional 488 shares during the period. Clearstead Advisors LLC grew its stake in shares of LCI Industries by 36.8% in the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after purchasing an additional 139 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of LCI Industries in the fourth quarter worth $64,000. Institutional investors and hedge funds own 99.71% of the company’s stock.
LCI Industries Company Profile
LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), marine products, and other specialty vehicles. The company operates under the Lippert brand and serves original equipment manufacturers as well as aftermarket customers.
Its product portfolio includes chassis and axles, suspension systems, slide-out mechanisms, leveling and stabilization equipment, windows, doors, awnings, steps, furniture, mattresses, appliances, electronics, and related interior and exterior components.
Recommended Stories
- Five stocks we like better than LCI Industries
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.
