Lennox International, Inc. (NYSE:LII) updated its FY17 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $7.75-8.15 for the period, compared to the Thomson Reuters consensus estimate of $7.95. The company issued revenue guidance of $3.79-3.90 billion, compared to the consensus revenue estimate of $3.84 billion.

A number of research firms recently weighed in on LII. Wolfe Research began coverage on shares of Lennox International in a report on Tuesday, July 11th. They set a market perform rating for the company. BidaskClub lowered shares of Lennox International from a buy rating to a hold rating in a report on Sunday, July 16th. TheStreet lowered shares of Lennox International from a b rating to a c+ rating in a report on Friday, April 28th. Wells Fargo & Company reaffirmed a market perform rating and set a $190.00 price target (up from $162.50) on shares of Lennox International in a report on Friday, July 7th. Finally, Cowen and Company increased their price objective on shares of Lennox International from $172.00 to $200.00 and gave the company a buy rating in a research note on Tuesday, June 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of $173.14.

Lennox International, Inc. (NYSE:LII) opened at 182.41 on Monday. The stock has a 50 day moving average of $184.15 and a 200-day moving average of $169.57. Lennox International, Inc. has a 52-week low of $140.97 and a 52-week high of $192.58. The company has a market capitalization of $7.78 billion, a P/E ratio of 26.87 and a beta of 1.15.

Lennox International (NYSE:LII) last issued its earnings results on Monday, April 24th. The construction company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.13. Lennox International had a net margin of 7.97% and a return on equity of 1,371.49%. The company had revenue of $793.40 million for the quarter, compared to the consensus estimate of $746.37 million. During the same quarter in the previous year, the company earned $0.60 EPS. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. On average, equities analysts forecast that Lennox International, Inc. will post $7.95 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a dividend of $0.51 per share. This is an increase from Lennox International’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $2.04 annualized dividend and a yield of 1.12%. Lennox International’s dividend payout ratio is 30.13%.

In other news, Director Max H. Mitchell acquired 600 shares of the company’s stock in a transaction on Friday, April 28th. The stock was purchased at an average cost of $168.30 per share, with a total value of $100,980.00. Following the acquisition, the director now owns 739 shares of the company’s stock, valued at approximately $124,373.70. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John W. Norris III sold 1,000 shares of the business’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $167.66, for a total value of $167,660.00. Following the sale, the director now directly owns 50,001 shares of the company’s stock, valued at $8,383,167.66. The disclosure for this sale can be found here. 3.60% of the stock is owned by corporate insiders.

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About Lennox International

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

Earnings History and Estimates for Lennox International (NYSE:LII)

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