LCI Industries (NYSE:LCII) Receives Average Rating of “Hold” from Analysts

Shares of LCI Industries (NYSE:LCII) have been assigned an average recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $149.2857.

Several equities analysts recently issued reports on LCII shares. Roth Mkm raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price target for the company in a report on Wednesday, May 6th. Robert W. Baird set a $140.00 price target on shares of LCI Industries in a report on Wednesday, May 6th. Truist Financial cut their price target on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Zacks Research downgraded shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Wall Street Zen downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th.

LCI Industries Trading Down 2.0%

Shares of LCII stock opened at $94.16 on Friday. LCI Industries has a 12-month low of $84.33 and a 12-month high of $159.66. The company has a market capitalization of $2.29 billion, a P/E ratio of 11.57 and a beta of 1.17. The firm has a 50-day moving average price of $116.25 and a 200 day moving average price of $125.59. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the firm posted $2.19 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Research analysts forecast that LCI Industries will post 8.95 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a $1.15 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.9%. LCI Industries’s dividend payout ratio (DPR) is currently 56.51%.

Institutional Trading of LCI Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL acquired a new stake in shares of LCI Industries in the third quarter valued at approximately $2,440,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of LCI Industries by 21,741.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock valued at $16,537,000 after purchasing an additional 135,664 shares in the last quarter. Royce & Associates LP increased its holdings in shares of LCI Industries by 8.6% in the third quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock valued at $62,597,000 after purchasing an additional 53,405 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of LCI Industries by 563.9% in the third quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock valued at $4,829,000 after purchasing an additional 44,037 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of LCI Industries in the fourth quarter valued at approximately $27,142,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.