Brokerages Set LCI Industries (NYSE:LCII) PT at $126.25

Shares of LCI Industries (NYSE:LCIIGet Free Report) have received an average recommendation of “Hold” from the ten analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $126.25.

Several research analysts have recently issued reports on LCII shares. Truist Financial dropped their price objective 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. Robert W. Baird set a $119.00 target price on LCI Industries in a research note on Thursday, August 6th. Zacks Research downgraded shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. Stifel Nicolaus lowered their price target on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Roth Capital restated a “buy” rating and issued a $135.00 price objective (down from $155.00) on shares of LCI Industries in a research note on Monday, August 10th.

Read Our Latest Report on LCI Industries

LCI Industries Stock Down 3.5%

LCII opened at $95.68 on Monday. LCI Industries has a 1-year low of $84.33 and a 1-year high of $159.66. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 11.13 and a beta of 1.18. The business has a 50 day moving average of $104.14 and a 200-day moving average of $111.44.

LCI Industries (NYSE:LCIIGet Free Report) last announced its earnings results 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. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. LCI Industries’s revenue was down 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, sell-side analysts anticipate that LCI Industries will post 8.45 earnings per share for the current year.

LCI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were given a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries’s dividend payout ratio is 53.49%.

Institutional Investors Weigh In On LCI Industries

A number of institutional investors have recently added to or reduced their stakes in LCII. California State Teachers Retirement System boosted its stake in shares of LCI Industries by 9,845.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,818,631 shares of the company’s stock valued at $298,437,000 after purchasing an additional 2,790,289 shares in the last quarter. Bank of New York Mellon Corp bought a new position in LCI Industries during the 2nd quarter valued at about $45,200,000. Bank of America Corp DE acquired a new position in LCI Industries in the second quarter valued at about $40,408,000. Principal Financial Group Inc. boosted its position in LCI Industries by 36.7% in the first quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after buying an additional 176,101 shares in the last quarter. Finally, Rice Hall James & Associates LLC bought a new stake in LCI Industries during the second quarter worth about $15,105,000. 99.71% of the stock is owned by institutional investors and hedge funds.

About LCI Industries

(Get Free Report)

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.

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Analyst Recommendations for LCI Industries (NYSE:LCII)

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