LCI Industries (NYSE:LCII) Stock Now Rated “Hold” by Wall Street Brokerages

LCI Industries (NYSE:LCII) has been given an average recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $113.50.

Several equities analysts recently weighed in on the stock. Roth Capital set a $112.00 price objective on shares of LCI Industries in a research report on Tuesday. BMO Capital Markets set a $118.00 target price on shares of LCI Industries in a research report on Thursday, August 6th. Stifel Nicolaus lowered shares of LCI Industries from a “buy” rating to a “hold” rating and dropped their price target for the stock from $130.00 to $80.00 in a research note on Sunday, October 18th. Jefferies Financial Group restated a “hold” rating and set a $120.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Finally, Robert W. Baird set a $119.00 price objective on shares of LCI Industries in a research note on Thursday, August 6th.

Institutional Trading of LCI Industries

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bessemer Group Inc. lifted its holdings in LCI Industries by 0.6% in the 1st quarter. Bessemer Group Inc. now owns 27,207 shares of the company’s stock worth $3,346,000 after purchasing an additional 152 shares during the last quarter. NewEdge Advisors LLC boosted its position in LCI Industries by 6.8% during the second quarter. NewEdge Advisors LLC now owns 2,454 shares of the company’s stock worth $260,000 after purchasing an additional 156 shares during the period. Choreo LLC grew its holdings in LCI Industries by 4.0% during the third quarter. Choreo LLC now owns 4,801 shares of the company’s stock valued at $402,000 after purchasing an additional 183 shares during the last quarter. Central Pacific Bank Trust Division grew its holdings in LCI Industries by 21.7% during the second quarter. Central Pacific Bank Trust Division now owns 1,514 shares of the company’s stock valued at $160,000 after purchasing an additional 270 shares during the last quarter. Finally, QRG Capital Management Inc. grew its holdings in LCI Industries by 14.3% during the first quarter. QRG Capital Management Inc. now owns 2,571 shares of the company’s stock valued at $316,000 after purchasing an additional 322 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

LCI Industries Price Performance

Shares of NYSE:LCII opened at $99.08 on Tuesday. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. LCI Industries has a 1 year low of $77.58 and a 1 year high of $159.66. The business has a fifty day simple moving average of $89.82 and a 200 day simple moving average of $111.58. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 11.52 and a beta of 1.21.

LCI Industries (NYSE:LCII) last issued its earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the company posted $2.39 earnings per share. The business’s quarterly revenue was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, sell-side analysts predict that LCI Industries will post 8.33 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries’s dividend payout ratio is presently 53.49%.

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), as well as in the marine, powersports, automotive, and other transportation markets. Through its Lippert business, the company provides products to original equipment manufacturers and serves consumers through replacement and aftermarket channels.

Its product portfolio includes chassis and structural components, axles and suspension systems, slide-out systems, windows, doors, entry steps, awnings, leveling systems, furniture, mattresses, appliances, electronics, and plumbing products.