LSI Industries (NASDAQ:LYTS) Price Target Raised to $27.00 at Canaccord Genuity Group

LSI Industries (NASDAQ:LYTS) had its price target lifted by Canaccord Genuity Group from $25.00 to $27.00 in a research report report published on Friday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the construction company’s stock.

A number of other equities research analysts have also weighed in on LYTS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LSI Industries in a report on Monday, December 29th. Zacks Research raised shares of LSI Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen downgraded LSI Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

LSI Industries Stock Performance

Shares of NASDAQ:LYTS opened at $22.14 on Friday. The business’s 50-day simple moving average is $18.90 and its 200 day simple moving average is $20.33. The company has a market cap of $688.33 million, a P/E ratio of 27.00 and a beta of 0.18. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.36 and a current ratio of 2.19. LSI Industries has a one year low of $13.77 and a one year high of $25.38.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings data on Thursday, January 22nd. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $147.00 million during the quarter, compared to the consensus estimate of $140.11 million. LSI Industries had a net margin of 4.34% and a return on equity of 11.10%. On average, sell-side analysts forecast that LSI Industries will post 0.7 earnings per share for the current fiscal year.

LSI Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd. LSI Industries’s dividend payout ratio (DPR) is currently 24.39%.

Hedge Funds Weigh In On LSI Industries

Several large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in LSI Industries in the third quarter worth about $38,000. Strs Ohio bought a new position in LSI Industries during the 1st quarter worth approximately $34,000. Quarry LP acquired a new position in shares of LSI Industries in the 3rd quarter worth approximately $55,000. Russell Investments Group Ltd. grew its position in shares of LSI Industries by 711.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,703 shares of the construction company’s stock worth $64,000 after acquiring an additional 2,370 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of LSI Industries in the 2nd quarter valued at approximately $47,000. Institutional investors own 73.91% of the company’s stock.

Key LSI Industries News

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Q2 fiscal 2026 results beat expectations — EPS $0.20 vs. $0.17 consensus and revenue $147M vs. ~$140M est.; management highlighted improving margins and a stronger lighting mix. LSI Industries Inc (LYTS) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analyst support increased: Canaccord raised its price target from $25 to $27 and kept a Buy rating, signaling analyst conviction in upside from lighting growth. LYTS price target raised by Canaccord
• Positive Sentiment: Board declared a quarterly cash dividend of $0.05 per share (record Feb 2, payable Feb 10), adding modest income support and signaling confidence in cash flow.
• Neutral Sentiment: Management commentary (call/transcript) emphasized lighting segment strength and solid cash metrics; this supports the growth thesis but did not include a material guidance change. Q2 2026 Earnings Call Transcript
• Negative Sentiment: The stock is trading lower today on heavier volume despite the beat — likely profit-taking after the post-earnings run and recent gains (one-year high ~25.38) rather than fresh fundamental deterioration. Short-term downward pressure could also reflect investors needing more visible reacceleration in top-line trends or clearer forward guidance. Why LSI Industries Stock Surged Today

LSI Industries Company Profile

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.