Shares of LCI Industries (NYSE:LCII – Get Free Report) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $126.25.
A number of research firms have recently weighed in on LCII. Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Jefferies Financial Group restated a “hold” rating and set a $120.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Benchmark decreased their price target on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. BMO Capital Markets set a $118.00 price objective on LCI Industries in a research report on Thursday, August 6th. Finally, Roth Capital reissued a “buy” rating and set a $135.00 price objective (down from $155.00) on shares of LCI Industries in a research note on Monday, August 10th.
LCI Industries Price Performance
LCI Industries (NYSE:LCII – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the business posted $2.39 earnings per share. The company’s revenue was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Research analysts anticipate that LCI Industries will post 8.45 earnings per share for the current year.
LCI Industries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, August 21st. LCI Industries’s payout ratio is presently 53.49%.
Institutional Investors Weigh In On LCI Industries
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its holdings in LCI Industries by 3.2% in the 4th quarter. Quadrant Capital Group LLC now owns 2,310 shares of the company’s stock worth $280,000 after acquiring an additional 71 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of LCI Industries by 3.3% in the fourth quarter. CIBC Asset Management Inc now owns 2,402 shares of the company’s stock valued at $291,000 after acquiring an additional 76 shares during the period. Huntington National Bank raised its stake in shares of LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after acquiring an additional 91 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of LCI Industries by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,559 shares of the company’s stock valued at $675,000 after acquiring an additional 100 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its holdings in shares of LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after purchasing an additional 139 shares during the period. 99.71% of the stock is currently owned by institutional investors.
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.
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