Lennox International, Inc. (LII) To Go Ex-Dividend on March 31st

Lennox International, Inc. (NYSE:LII) announced a quarterly dividend on Friday, March 20th. Shareholders of record on Tuesday, March 31st will be given a dividend of 1.30 per share by the construction company on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, March 31st.

Lennox International has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 16 consecutive years. Lennox International has a payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Lennox International to earn $25.70 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 20.2%.

Lennox International Price Performance

Lennox International stock opened at $438.60 on Friday. The company has a current ratio of 1.60, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $15.26 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 1.68 and a beta of 1.16. The firm has a 50-day moving average price of $517.62 and a 200-day moving average price of $512.01. Lennox International has a 12-month low of $434.06 and a 12-month high of $689.44.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the firm earned $5.60 EPS. The business’s quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities research analysts forecast that Lennox International will post 22.94 EPS for the current year.

Wall Street Analyst Weigh In

LII has been the topic of several research reports. Wall Street Zen upgraded Lennox International from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. Wells Fargo & Company upped their target price on shares of Lennox International from $520.00 to $560.00 and gave the stock an “equal weight” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. increased their target price on shares of Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a research report on Friday, January 16th. Finally, UBS Group initiated coverage on shares of Lennox International in a research note on Monday, January 5th. They issued a “neutral” rating and a $530.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $579.64.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.