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 ratings firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $140.5714.

A number of research analysts have weighed in on the stock. Wall Street Zen lowered shares of LCI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Stifel Nicolaus lowered their price target on LCI Industries from $152.00 to $137.00 and set a “buy” rating on the stock in a research report on Monday. Robert W. Baird set a $140.00 price objective on LCI Industries in a research note on Wednesday, May 6th. Zacks Research cut LCI Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings downgraded LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th.

LCI Industries Trading Down 1.1%

Shares of LCII stock opened at $104.89 on Friday. LCI Industries has a 12 month low of $84.33 and a 12 month high of $159.66. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $101.94 and its two-hundred day moving average is $121.17. The company has a market cap of $2.55 billion, a PE ratio of 12.89 and a beta of 1.18.

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, topping analysts’ consensus estimates of $2.22 by $0.37. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. LCI Industries’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Equities analysts predict that LCI Industries will post 8.71 EPS for the current year.

LCI Industries Dividend Announcement

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

Institutional Investors Weigh In On LCI Industries

Several hedge funds and other institutional investors have recently modified their holdings of LCII. Fort Washington Investment Advisors Inc. OH increased its position in LCI Industries by 23.7% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 231,782 shares of the company’s stock worth $24,541,000 after acquiring an additional 44,341 shares during the period. Fifth Third Wealth Advisors LLC bought a new stake in LCI Industries in the 2nd quarter valued at $266,000. Y Intercept Hong Kong Ltd grew its position in LCI Industries by 504.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 10,829 shares of the company’s stock worth $1,147,000 after purchasing an additional 9,038 shares during the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in LCI Industries in the 2nd quarter worth $453,000. Finally, Central Pacific Bank Trust Division grew its position in LCI Industries by 21.7% in the 2nd quarter. Central Pacific Bank Trust Division now owns 1,514 shares of the company’s stock worth $160,000 after purchasing an additional 270 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

About LCI Industries

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.