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

LCI Industries (NYSE:LCII) has received a consensus recommendation of “Hold” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $142.7143.

A number of equities analysts have recently commented on LCII shares. Robert W. Baird set a $140.00 price target on LCI Industries in a report on Wednesday, May 6th. Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Truist Financial dropped their price objective on LCI Industries from $135.00 to $114.00 and set a “hold” rating on the stock in a report on Wednesday, July 8th. Roth Capital upgraded LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 target price for the company in a research note on Wednesday, May 6th. Finally, Benchmark reduced their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd.

Institutional Trading of LCI Industries

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in LCI Industries by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,412,102 shares of the company’s stock worth $173,656,000 after purchasing an additional 20,943 shares in the last quarter. M&T Bank Corp boosted its holdings 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 valued at $89,686,000 after purchasing an additional 730,453 shares during the period. Principal Financial Group Inc. grew its position in shares of LCI Industries by 36.7% during the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after purchasing an additional 176,101 shares in the last quarter. Bank of Montreal Can grew its position in shares of LCI Industries by 5.2% during the 3rd quarter. Bank of Montreal Can now owns 458,478 shares of the company’s stock valued at $42,707,000 after purchasing an additional 22,634 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of LCI Industries by 29.0% in the fourth quarter. Bank of New York Mellon Corp now owns 429,541 shares of the company’s stock worth $52,120,000 after purchasing an additional 96,572 shares during the period. Institutional investors own 99.71% of the company’s stock.

LCI Industries Stock Performance

Shares of LCII stock opened at $108.15 on Friday. The firm’s 50 day moving average is $102.50 and its 200 day moving average is $121.65. The stock has a market capitalization of $2.63 billion, a P/E ratio of 13.29 and a beta of 1.18. LCI Industries has a 12 month low of $84.33 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 quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the business earned $2.19 EPS. LCI Industries’s revenue was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts anticipate that LCI Industries will post 8.71 earnings per share for the current year.

LCI Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 29th. LCI Industries’s dividend payout ratio (DPR) is 56.51%.

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.