LSI Industries (NASDAQ:LYTS) Price Target Raised to $27.00

LSI Industries (NASDAQ:LYTS) had its target price lifted by Canaccord Genuity Group from $25.00 to $27.00 in a research note released on Friday morning, MarketBeat reports. They currently have a buy rating on the construction company’s stock.

Other research analysts also recently issued reports about the company. Weiss Ratings reissued a “hold (c)” rating on shares of LSI Industries in a research note on Monday, December 29th. Wall Street Zen downgraded LSI Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 15th. Finally, Zacks Research upgraded LSI Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.33.

LSI Industries Trading Down 4.8%

NASDAQ:LYTS opened at $22.14 on Friday. LSI Industries has a 52 week low of $13.77 and a 52 week high of $25.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.36 and a current ratio of 2.19. The firm’s fifty day moving average is $18.90 and its 200-day moving average is $20.36. The firm has a market cap of $688.33 million, a P/E ratio of 27.00 and a beta of 0.18.

LSI Industries (NASDAQ:LYTS) last released its earnings results on Thursday, January 22nd. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. The business had revenue of $147.00 million for the quarter, compared to analyst estimates of $140.11 million. LSI Industries had a net margin of 4.34% and a return on equity of 11.10%. Equities analysts expect that LSI Industries will post 0.7 earnings per share for the current year.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Monday, February 2nd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd. LSI Industries’s dividend payout ratio (DPR) is 24.39%.

Hedge Funds Weigh In On LSI Industries

Institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. grew its position in LSI Industries by 11.8% in the 2nd quarter. Osaic Holdings Inc. now owns 6,007 shares of the construction company’s stock valued at $102,000 after purchasing an additional 635 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of LSI Industries by 22.0% during the second quarter. BNP Paribas Financial Markets now owns 4,077 shares of the construction company’s stock valued at $69,000 after buying an additional 736 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of LSI Industries by 1.2% during the third quarter. Two Sigma Investments LP now owns 59,774 shares of the construction company’s stock valued at $1,411,000 after buying an additional 737 shares during the last quarter. Johnson Investment Counsel Inc. increased its position in shares of LSI Industries by 0.9% during the second quarter. Johnson Investment Counsel Inc. now owns 117,863 shares of the construction company’s stock worth $2,005,000 after acquiring an additional 1,097 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of LSI Industries by 6.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,165 shares of the construction company’s stock worth $292,000 after acquiring an additional 1,113 shares during the last quarter. 73.91% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting LSI Industries

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

• Positive Sentiment: Q2 fiscal 2026 results beat expectations — EPS $0.20 vs. $0.17 consensus and revenue $147M vs. ~$140M est.; management highlighted improving margins and a stronger lighting mix. LSI Industries Inc (LYTS) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analyst support increased: Canaccord raised its price target from $25 to $27 and kept a Buy rating, signaling analyst conviction in upside from lighting growth. LYTS price target raised by Canaccord
• Positive Sentiment: Board declared a quarterly cash dividend of $0.05 per share (record Feb 2, payable Feb 10), adding modest income support and signaling confidence in cash flow.
• Neutral Sentiment: Management commentary (call/transcript) emphasized lighting segment strength and solid cash metrics; this supports the growth thesis but did not include a material guidance change. Q2 2026 Earnings Call Transcript
• Negative Sentiment: The stock is trading lower today on heavier volume despite the beat — likely profit-taking after the post-earnings run and recent gains (one-year high ~25.38) rather than fresh fundamental deterioration. Short-term downward pressure could also reflect investors needing more visible reacceleration in top-line trends or clearer forward guidance. Why LSI Industries Stock Surged Today

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.