LCI Industries (NYSE:LCII) Given Consensus Recommendation of “Hold” by Brokerages

Shares of LCI Industries (NYSE:LCII) have received an average rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $126.25.

Several research firms have recently weighed in on LCII. Benchmark cut their target price on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Jefferies Financial Group reissued a “hold” rating and set a $120.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Zacks Research lowered shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Robert W. Baird set a $119.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Finally, Stifel Nicolaus cut their price objective on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 6th.

Hedge Funds Weigh In On LCI Industries

Several institutional investors and hedge funds have recently modified their holdings of LCII. Quadrant Capital Group LLC boosted its position in LCI Industries by 3.2% during the fourth quarter. Quadrant Capital Group LLC now owns 2,310 shares of the company’s stock worth $280,000 after purchasing an additional 71 shares in 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 buying an additional 76 shares in the last quarter. Huntington National Bank increased its position in shares of LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of LCI Industries by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,559 shares of the company’s stock worth $675,000 after buying an additional 100 shares during the period. Finally, Clearstead Advisors LLC raised its stake in shares of LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after buying an additional 139 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

LCI Industries Stock Up 4.1%

LCI Industries stock opened at $107.47 on Thursday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 12.50 and a beta of 1.18. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66. The business’s 50-day moving average price is $101.98 and its 200 day moving average price is $116.83. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the business earned $2.39 earnings per share. LCI Industries’s quarterly 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. As a group, sell-side analysts anticipate that LCI Industries will post 8.45 earnings per share for the current year.

LCI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be given a dividend of $1.15 per share. The ex-dividend date is Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.3%. LCI Industries’s dividend payout ratio (DPR) is 53.49%.

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.