LSI Industries (NASDAQ:LYTS) Stock Price Down 4.1% Following Analyst Downgrade

LSI Industries Inc. (NASDAQ:LYTS)’s stock price dropped 4.1% on Friday after Oppenheimer lowered their price target on the stock from $30.00 to $29.00. Oppenheimer currently has an outperform rating on the stock. LSI Industries traded as low as $19.75 and last traded at $19.77. 243,447 shares were traded during mid-day trading, a decline of 28% from the average session volume of 339,042 shares. The stock had previously closed at $20.62.

Several other equities research analysts also recently issued reports on the company. Wall Street Zen downgraded LSI Industries from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. HC Wainwright reissued a “buy” rating on shares of LSI Industries in a research report on Friday. Finally, Weiss Ratings downgraded shares of LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.80.

Insider Activity at LSI Industries

In other news, Director Wilfred T. Ogara sold 10,369 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $24.09, for a total value of $249,789.21. Following the completion of the transaction, the director directly owned 103,686 shares in the company, valued at approximately $2,497,795.74. This represents a 9.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Thomas A. Caneris sold 109,226 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $24.29, for a total value of $2,653,099.54. Following the completion of the transaction, the executive vice president owned 64,790 shares of the company’s stock, valued at $1,573,749.10. The trade was a 62.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 256,173 shares of company stock valued at $6,220,368 in the last quarter. Insiders own 7.30% of the company’s stock.

LSI Industries News Roundup

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Fiscal fourth-quarter revenue rose 51% year over year to $234.6 million, exceeding the $222.8 million consensus estimate. Adjusted EPS was $0.38, ahead of the $0.35 forecast, while organic sales growth reached 8%. LSI Industries fiscal 2026 results
• Positive Sentiment: Full-year revenue increased 20% to a record $689.4 million, indicating continued expansion in LSI’s commercial lighting and display-solutions businesses.
• Positive Sentiment: LSI declared a quarterly dividend of $0.05 per share, payable September 8 to shareholders of record on August 31. The ongoing dividend provides modest income support, with an indicated yield of about 1%.
• Positive Sentiment: Oppenheimer maintained an “outperform” rating and still sees substantial potential appreciation despite reducing its price target from $30 to $29. Oppenheimer price-target update
• Neutral Sentiment: The quarterly earnings call provided additional management commentary on the fiscal 2026 results and outlook. LSI Industries Q4 2026 earnings call transcript
• Negative Sentiment: GAAP EPS was $0.18, below the Zacks consensus estimate of $0.29 and down from $0.26 a year earlier. Full-year GAAP net income also declined to $22.6 million from $24.4 million, despite higher sales. LSI Industries earnings estimate report
• Negative Sentiment: Insiders reported eight open-market sales and no purchases over the past six months, a potential caution signal for investors evaluating management’s view of the shares.

Hedge Funds Weigh In On LSI Industries

Several large investors have recently bought and sold shares of the company. Bailard Inc. grew its stake in shares of LSI Industries by 3.4% in the fourth quarter. Bailard Inc. now owns 15,300 shares of the construction company’s stock worth $280,000 after acquiring an additional 500 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in LSI Industries by 1.2% in the first quarter. Quantinno Capital Management LP now owns 46,120 shares of the construction company’s stock worth $858,000 after purchasing an additional 536 shares during the last quarter. New York State Teachers Retirement System grew its holdings in shares of LSI Industries by 28.5% in the first quarter. New York State Teachers Retirement System now owns 2,495 shares of the construction company’s stock worth $46,000 after acquiring an additional 554 shares during the period. Rockefeller Capital Management L.P. increased its holdings in LSI Industries by 57.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock valued at $31,000 after buying an additional 625 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in LSI Industries by 11.8% during the second quarter. Osaic Holdings Inc. now owns 6,007 shares of the construction company’s stock valued at $102,000 after buying an additional 635 shares during the last quarter. 73.91% of the stock is currently owned by institutional investors.

LSI Industries Stock Down 4.1%

The company’s 50-day simple moving average is $24.70 and its two-hundred day simple moving average is $22.71. The firm has a market capitalization of $725.76 million, a P/E ratio of 26.36 and a beta of 0.56. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86.

LSI Industries (NASDAQ:LYTS) last announced its quarterly earnings data on Thursday, August 20th. The construction company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. The company had revenue of $234.62 million during the quarter, compared to the consensus estimate of $222.78 million. LSI Industries had a return on equity of 8.90% and a net margin of 3.91%. As a group, research analysts expect that LSI Industries Inc. will post 0.78 earnings per share for the current year.

LSI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.0%. LSI Industries’s dividend payout ratio (DPR) is currently 26.67%.

About LSI Industries

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.