LCI Industries (NYSE:LCII) Given Average Recommendation of “Hold” by Analysts

Shares of LCI Industries (NYSE:LCII) have been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $149.2857.

Several research analysts have weighed in on the company. Benchmark dropped their price target on LCI Industries from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Stifel Nicolaus assumed coverage on LCI Industries in a research note on Tuesday, March 24th. They issued a “buy” rating and a $152.00 price target for the company. Zacks Research downgraded LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Wall Street Zen downgraded LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Finally, Truist Financial dropped their price target on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th.

LCI Industries Trading Down 3.5%

LCI Industries stock opened at $108.88 on Friday. The firm has a 50 day moving average of $118.15 and a 200 day moving average of $125.83. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 13.38 and a beta of 1.21. LCI Industries has a 12-month low of $84.25 and a 12-month high of $159.66. The company has a current ratio of 2.91, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68.

LCI Industries (NYSE:LCII) last released its earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, research analysts predict that LCI Industries will post 8.95 earnings per share for the current year.

LCI Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, May 29th. LCI Industries’s dividend payout ratio is presently 56.51%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LCII. M&T Bank Corp boosted its stake in LCI Industries by 8,419.2% in the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock worth $89,686,000 after purchasing an additional 730,453 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new position in LCI Industries in the 4th quarter worth approximately $27,142,000. Principal Financial Group Inc. boosted its stake in LCI Industries by 36.7% in the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock worth $80,666,000 after purchasing an additional 176,101 shares during the period. FIL Ltd bought a new position in LCI Industries in the 4th quarter worth approximately $16,660,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of LCI Industries by 21,741.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock valued at $16,537,000 after acquiring an additional 135,664 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors.

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.