LCI Industries (NYSE:LCII – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.90, Briefing.com reports. LCI Industries had a return on equity of 4.70% and a net margin of 1.70%. The company had revenue of $968.00 million for the quarter, compared to analysts’ expectations of $963.02 million. During the same quarter last year, the business earned $0.29 earnings per share. LCI Industries’s revenue was down .5% on a year-over-year basis.
LCI Industries Stock Up 2.4 %
LCII traded up $2.62 during mid-day trading on Thursday, reaching $113.82. 303,939 shares of the stock were exchanged, compared to its average volume of 229,343. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.88 and a current ratio of 2.83. The company has a 50 day moving average price of $113.02 and a two-hundred day moving average price of $115.48. LCI Industries has a 1 year low of $102.39 and a 1 year high of $137.07. The stock has a market capitalization of $2.90 billion, a PE ratio of 44.69 and a beta of 1.41.
LCI Industries Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were given a dividend of $1.05 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.20 annualized dividend and a dividend yield of 3.69%. LCI Industries’s payout ratio is 166.01%.
Analyst Upgrades and Downgrades
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LCI Industries Company Profile
LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.
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