LCI Industries (NYSE:LCII – Get Free Report) has been assigned an average rating of “Hold” from the eight analysts that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $156.6667.
LCII has been the subject of a number of research analyst reports. Truist Financial set a $147.00 price objective on shares of LCI Industries in a report on Tuesday, January 20th. Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Loop Capital reaffirmed a “hold” rating and set a $149.00 price target on shares of LCI Industries in a research note on Thursday, January 22nd. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a report on Wednesday, February 18th. Finally, Roth Mkm reiterated a “neutral” rating and set a $164.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th.
Check Out Our Latest Analysis on LCII
LCI Industries Trading Down 3.0%
LCI Industries (NYSE:LCII – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $913.04 million. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. During the same quarter in the previous year, the company earned $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Sell-side analysts forecast that LCI Industries will post 6.76 earnings per share for the current fiscal year.
LCI Industries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.60 annualized dividend and a yield of 3.9%. LCI Industries’s dividend payout ratio is currently 60.93%.
Insider Buying and Selling at LCI Industries
In other LCI Industries news, CEO Jason Lippert sold 30,000 shares of LCI Industries stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $145.03, for a total transaction of $4,350,900.00. Following the transaction, the chief executive officer directly owned 344,973 shares of the company’s stock, valued at approximately $50,031,434.19. This trade represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Ryan Richard Smith sold 20,000 shares of LCI Industries stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $147.81, for a total transaction of $2,956,200.00. Following the transaction, the insider directly owned 10,092 shares in the company, valued at $1,491,698.52. This trade represents a 66.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 90,000 shares of company stock worth $13,137,900 over the last ninety days. Insiders own 3.50% of the company’s stock.
Institutional Trading of LCI Industries
Several hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of LCI Industries by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,391,159 shares of the company’s stock valued at $168,806,000 after buying an additional 11,726 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of LCI Industries by 7.4% in the 3rd quarter. American Century Companies Inc. now owns 870,454 shares of the company’s stock valued at $81,083,000 after acquiring an additional 59,734 shares during the last quarter. M&T Bank Corp lifted its stake in shares of LCI Industries by 8,419.2% in the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock valued at $89,686,000 after acquiring an additional 730,453 shares during the last quarter. Royce & Associates LP boosted its holdings in LCI Industries by 8.6% during the 3rd quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock valued at $62,597,000 after acquiring an additional 53,405 shares during the period. Finally, Geode Capital Management LLC grew its position in LCI Industries by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 589,603 shares of the company’s stock worth $53,772,000 after acquiring an additional 8,942 shares during the last quarter. 99.71% of the stock is owned by 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.
Recommended Stories
Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.
