LCI Industries (NYSE:LCII) Plans Quarterly Dividend of $1.15

LCI Industries (NYSE:LCII) announced a quarterly dividend on Friday, August 7th. Investors of record on Friday, August 21st will be given a dividend of 1.15 per share on Friday, September 4th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, August 21st.

LCI Industries has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. LCI Industries has a dividend payout ratio of 64.4% meaning its dividend is sufficiently covered by earnings. Analysts expect LCI Industries to earn $9.95 per share next year, which means the company should continue to be able to cover its $4.60 annual dividend with an expected future payout ratio of 46.2%.

LCI Industries Trading Up 2.9%

LCII traded up $3.05 during trading on Friday, reaching $108.86. The company had a trading volume of 183,377 shares, compared to its average volume of 402,661. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59. The business has a 50 day simple moving average of $100.79 and a 200-day simple moving average of $119.35. The stock has a market cap of $2.64 billion, a P/E ratio of 12.66 and a beta of 1.18. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66.

LCI Industries (NYSE:LCII) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $2.39 earnings per share. The business’s 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. On average, equities analysts anticipate that LCI Industries will post 8.71 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on LCII shares. BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a report on Thursday. Wall Street Zen downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Roth Capital upgraded LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 target price for the company in a research report on Wednesday, May 6th. Stifel Nicolaus cut their target price on LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Zacks Research cut LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, LCI Industries currently has a consensus rating of “Hold” and an average price target of $129.88.

LCI Industries Company Profile

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.