Brokerages Set LCI Industries (NYSE:LCII) Target Price at $142.71

Shares of LCI Industries (NYSE:LCII) have been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $140.5714.

Several research analysts recently weighed in on the stock. Truist Financial cut their price target on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating on the stock in a report on Wednesday, July 8th. Roth Capital raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 target price on the stock in a research report on Wednesday, May 6th. Stifel Nicolaus cut their target price on LCI Industries from $152.00 to $137.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Finally, Wall Street Zen lowered LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th.

Hedge Funds Weigh In On LCI Industries

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Huntington National Bank raised its position in LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Salomon & Ludwin LLC grew its position in shares of LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the period. Global Retirement Partners LLC bought a new position in shares of LCI Industries during the 4th quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of LCI Industries by 358.8% during the 3rd 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 last quarter. Finally, Clearstead Advisors LLC increased its stake in shares of LCI Industries by 36.8% during the 4th 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. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Stock Down 1.0%

Shares of NYSE:LCII opened at $103.58 on Friday. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 12.72 and a beta of 1.18. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. LCI Industries has a 12-month low of $84.33 and a 12-month high of $159.66. The business’s 50 day moving average is $101.79 and its 200 day moving average is $121.04.

LCI Industries (NYSE:LCII) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the business earned $2.19 EPS. The business’s revenue was up 4.3% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts forecast that LCI Industries will post 8.71 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 annualized dividend and a dividend yield of 4.4%. LCI Industries’s dividend payout ratio (DPR) is currently 56.51%.

LCI Industries Company Profile

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.