FY2024 EPS Estimates for LCI Industries Cut by Roth Capital

LCI Industries (NYSE:LCII) – Roth Capital dropped their FY2024 earnings estimates for LCI Industries in a report released on Friday, November 8th. Roth Capital analyst S. Stember now anticipates that the company will post earnings per share of $5.53 for the year, down from their prior estimate of $6.00. The consensus estimate for LCI Industries’ current full-year earnings is $5.75 per share. Roth Capital also issued estimates for LCI Industries’ Q2 2025 earnings at $2.24 EPS.

Other equities analysts also recently issued research reports about the stock. StockNews.com downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. Raymond James began coverage on shares of LCI Industries in a research note on Tuesday, October 1st. They issued a “market perform” rating on the stock. Benchmark restated a “buy” rating and set a $130.00 target price on shares of LCI Industries in a research report on Wednesday, August 7th. Finally, Truist Financial increased their price target on LCI Industries from $100.00 to $108.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $112.20.

LCI Industries Trading Up 0.5 %

Shares of NYSE:LCII opened at $116.60 on Monday. The company has a quick ratio of 1.23, a current ratio of 2.88 and a debt-to-equity ratio of 0.58. LCI Industries has a 52-week low of $96.18 and a 52-week high of $131.36. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 22.66 and a beta of 1.41. The business has a 50-day moving average price of $116.94 and a 200-day moving average price of $111.55.

LCI Industries (NYSE:LCII) last issued its earnings results on Thursday, November 7th. The company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.08. The company had revenue of $915.50 million during the quarter, compared to analyst estimates of $922.85 million. LCI Industries had a return on equity of 9.48% and a net margin of 3.47%. The firm’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter last year, the business posted $1.02 EPS.

Institutional Investors Weigh In On LCI Industries

Several hedge funds have recently modified their holdings of LCII. UniSuper Management Pty Ltd acquired a new position in LCI Industries in the 1st quarter worth about $732,000. Comerica Bank increased its position in shares of LCI Industries by 24.1% in the first quarter. Comerica Bank now owns 31,784 shares of the company’s stock valued at $3,911,000 after buying an additional 6,174 shares in the last quarter. Quadrature Capital Ltd increased its position in shares of LCI Industries by 76.7% in the first quarter. Quadrature Capital Ltd now owns 12,672 shares of the company’s stock valued at $1,558,000 after buying an additional 5,500 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of LCI Industries by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 2,800,882 shares of the company’s stock worth $344,677,000 after buying an additional 15,670 shares during the period. Finally, Intech Investment Management LLC purchased a new position in shares of LCI Industries during the 2nd quarter valued at approximately $438,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were given a $1.05 dividend. The ex-dividend date was Friday, August 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.60%. LCI Industries’s dividend payout ratio (DPR) is currently 81.71%.

LCI Industries Company Profile

LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.