LCI Industries (NYSE:LCII) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of LCI Industries (NYSE:LCII) have received an average rating of “Hold” from the ten research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $126.25.

Several analysts have recently issued reports on LCII shares. Roth Capital reissued a “buy” rating and issued a $135.00 price target (down from $155.00) on shares of LCI Industries in a research report on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LCI Industries in a report on Tuesday, September 1st. Truist Financial reduced their price objective on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating for the company in a research note on Wednesday, July 8th. Stifel Nicolaus lowered their target price on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, BMO Capital Markets set a $118.00 target price on LCI Industries in a research report on Thursday, August 6th.

LCI Industries Trading Down 0.4%

Shares of LCI Industries stock opened at $82.22 on Friday. LCI Industries has a 52-week low of $81.16 and a 52-week high of $159.66. The stock’s 50-day simple moving average is $97.11 and its 200 day simple moving average is $105.34. The stock has a market capitalization of $2.00 billion, a P/E ratio of 9.56 and a beta of 1.21. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 2.49.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, beating the consensus estimate of $2.58 by $0.12. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The company’s revenue was down 12.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, research analysts anticipate that LCI Industries will post 8.45 EPS for the current year.

LCI Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were given a $1.15 dividend. The ex-dividend date was Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 5.6%. LCI Industries’s payout ratio is 53.49%.

Institutional Trading of LCI Industries

Institutional investors have recently added to or reduced their stakes in the stock. Congress Asset Management Co. grew its holdings in LCI Industries by 21.0% during the 3rd quarter. Congress Asset Management Co. now owns 79,087 shares of the company’s stock valued at $6,617,000 after buying an additional 13,749 shares in the last quarter. Central Pacific Bank Trust Division increased its position in shares of LCI Industries by 30.4% during the third quarter. Central Pacific Bank Trust Division now owns 1,974 shares of the company’s stock valued at $165,000 after buying an additional 460 shares during the period. Versant Capital Management Inc lifted its holdings in shares of LCI Industries by 354.5% in the third quarter. Versant Capital Management Inc now owns 459 shares of the company’s stock worth $38,000 after buying an additional 358 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of LCI Industries by 21.3% in the second quarter. Tidal Investments LLC now owns 9,403 shares of the company’s stock worth $996,000 after buying an additional 1,651 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its position in shares of LCI Industries by 305.2% in the second quarter. Engineers Gate Manager LP now owns 16,127 shares of the company’s stock valued at $1,708,000 after acquiring an additional 12,147 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

About LCI Industries

LCI Industries, operating primarily through its Lippert subsidiary, is a manufacturer and supplier of components and systems for recreational vehicles, marine vessels and other specialty vehicles. Its products are used by original equipment manufacturers and sold through aftermarket and distribution channels.

The company’s product portfolio includes chassis, axles, suspension systems, slide-out mechanisms, leveling systems, windows, doors, awnings, steps, towing equipment, furniture, mattresses, appliances, electronics and plumbing products.