LCI Industries (NYSE:LCII) Shares Gap Down – What’s Next?

Shares of LCI Industries (NYSE:LCII) gapped down before the market opened on Monday . The stock had previously closed at $112.86, but opened at $106.47. LCI Industries shares last traded at $106.9470, with a volume of 10,406 shares.

Analyst Upgrades and Downgrades

A number of analysts recently commented on LCII shares. Zacks Research lowered LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Truist Financial decreased their price objective on LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Stifel Nicolaus started coverage on LCI Industries in a research note on Tuesday, March 24th. They set a “buy” rating and a $152.00 price objective on the stock. Weiss Ratings lowered LCI Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Finally, Benchmark decreased their price objective on LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, LCI Industries presently has a consensus rating of “Hold” and an average price target of $149.29.

LCI Industries Price Performance

The company has a 50-day moving average of $117.86 and a two-hundred day moving average of $125.92. The stock has a market capitalization of $2.60 billion, a PE ratio of 13.13 and a beta of 1.17. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20.

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

LCI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a dividend of $1.15 per share. The ex-dividend date is Friday, May 29th. This represents a $4.60 annualized dividend and a yield of 4.3%. LCI Industries’s dividend payout ratio is 56.51%.

Hedge Funds Weigh In On LCI Industries

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of LCI Industries by 21,741.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock worth $16,537,000 after purchasing an additional 135,664 shares during the period. New York State Common Retirement Fund raised its holdings in shares of LCI Industries by 563.9% in the 3rd quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock worth $4,829,000 after purchasing an additional 44,037 shares during the period. Tudor Investment Corp ET AL purchased a new position in shares of LCI Industries in the 3rd quarter worth about $2,440,000. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of LCI Industries in the 4th quarter worth about $27,142,000. Finally, Royce & Associates LP raised its holdings in shares of LCI Industries by 8.6% in the 3rd quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock worth $62,597,000 after purchasing an additional 53,405 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

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.