LCI Industries (NYSE:LCII) Posts Earnings Results, Beats Expectations By $0.37 EPS

LCI Industries (NYSE:LCII) released its quarterly earnings results on Tuesday. The company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37, FiscalAI reports. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.19 earnings per share. LCI Industries updated its FY 2026 guidance to 8.750-9.250 EPS.

Here are the key takeaways from LCI Industries’ conference call:

• LCI reported Q1 revenue of $1.1 billion (+4%), expanded adjusted EBITDA margin to 11.5%, and tightened full-year 2026 adjusted EPS guidance to $8.75–$9.25 with revenue guidance of $4.2–$4.3 billion.
• The company lowered its RV wholesale shipment outlook to 315,000–330,000 units (a 20,000-unit cut at both ends), reflecting continued softness in retail and wholesale leisure markets.
• Aftermarket strength continues with aftermarket sales up 7% and automotive aftermarket trending mid-teens in Q2, and management sees an estimated $70 million incremental annual revenue opportunity from disruption at First Brands.
• Product innovation is driving content growth—towable content per unit rose 13% to $5,826, five recent product launches have an annualized run rate >$270 million, and management expects ~$140 million of incremental annualized run rate from the 2027 model change.
• Operational self-help and balance-sheet flexibility—LCI is consolidating 8–10 facilities and targeting 70–120 bps of operating margin improvement in 2026 while maintaining total liquidity >$700 million and net debt/adjusted EBITDA near 1.9x.

LCI Industries Stock Performance

LCII traded down $0.79 on Thursday, hitting $116.16. 346,880 shares of the company’s stock were exchanged, compared to its average volume of 375,108. The company has a current ratio of 2.91, a quick ratio of 1.14 and a debt-to-equity ratio of 0.68. The stock has a fifty day moving average of $124.30 and a two-hundred day moving average of $124.27. LCI Industries has a twelve month low of $83.87 and a twelve month high of $159.66. The firm has a market cap of $2.82 billion, a PE ratio of 14.27 and a beta of 1.21.

LCI Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, March 13th. LCI Industries’s dividend payout ratio is currently 56.51%.

Insider Activity

In other news, insider Jamie Schnur sold 10,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $144.66, for a total transaction of $1,446,600.00. Following the sale, the insider directly owned 19,420 shares in the company, valued at approximately $2,809,297.20. This represents a 33.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jason Lippert sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $145.03, for a total value of $4,350,900.00. Following the transaction, the chief executive officer owned 344,973 shares of the company’s stock, valued at $50,031,434.19. This represents a 8.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 90,000 shares of company stock valued at $13,137,900. 3.30% of the stock is currently owned by insiders.

Institutional Trading of LCI Industries

Several hedge funds have recently bought and sold shares of LCII. AQR Capital Management LLC acquired a new stake in shares of LCI Industries in the first quarter valued at approximately $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in LCI Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock valued at $1,290,000 after acquiring an additional 643 shares during the period. Empowered Funds LLC bought a new stake in LCI Industries during the 1st quarter valued at $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of LCI Industries by 10.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock worth $6,702,000 after purchasing an additional 7,515 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of LCI Industries during the second quarter valued at $1,542,000. 99.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Stifel Nicolaus initiated coverage on shares of LCI Industries in a report on Tuesday, March 24th. They set a “buy” rating and a $152.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LCI Industries in a research report on Thursday, January 22nd. Loop Capital reiterated a “hold” rating and issued a $149.00 price target on shares of LCI Industries in a research note on Thursday, January 22nd. Truist Financial lowered their price objective on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Finally, Roth Mkm upgraded LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $149.29.

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.