LCI Industries (LCII) - What Are Researchers Thinking About This Stock?

Key Points

• Analysts remain cautious: Ten brokerages give LCI Industries an average “Hold” rating, with eight holds and two buys. The average 12-month price target is $116.38, although Truist recently cut its target to $85.
• Recent results were mixed: LCI Industries reported quarterly EPS of $2.70, ahead of the $2.58 consensus, but revenue declined 12.6% year over year to $1.10 billion. The stock recently traded at $87.98, near the lower end of its 52-week range.
• Income remains a key attraction: The company pays a quarterly dividend of $1.15 per share, equivalent to a 5.2% annualized yield and a 53.49% payout ratio. Institutional investors and hedge funds own 99.71% of the outstanding shares.

Shares of LCI Industries (NYSE:LCII - Get Free Report) have earned an average recommendation of "Hold" from the ten brokerages that are covering the firm, MarketBeat.com reports. Eight research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $116.38.

LCII has been the subject of a number of recent research reports. Jefferies Financial Group reaffirmed a "hold" rating and set a $120.00 price objective on shares of LCI Industries in a research report on Thursday, August 6th. Zacks Research upgraded LCI Industries from a "strong sell" rating to a "hold" rating in a research note on Friday, October 9th. Weiss Ratings lowered LCI Industries from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, October 8th. Robert W. Baird set a $119.00 price target on LCI Industries in a report on Thursday, August 6th. Finally, Truist Financial lowered their price objective on shares of LCI Industries from $114.00 to $85.00 and set a "hold" rating on the stock in a research report on Friday.

Institutional Trading of LCI Industries

Hedge funds have recently made changes to their positions in the company. Squarepoint Ops LLC grew its holdings in LCI Industries by 32.6% during the second quarter. Squarepoint Ops LLC now owns 88,640 shares of the company's stock worth $9,385,000 after acquiring an additional 21,771 shares during the period. Corient Private Wealth LP acquired a new stake in LCI Industries in the second quarter valued at $1,315,000. Legal & General Group Plc acquired a new stake in LCI Industries in the second quarter valued at $6,023,000. The Manufacturers Life Insurance Company purchased a new stake in shares of LCI Industries during the 2nd quarter worth $1,216,000. Finally, Fort Washington Investment Advisors Inc. OH boosted its position in shares of LCI Industries by 23.7% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 231,782 shares of the company's stock worth $24,541,000 after purchasing an additional 44,341 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company's stock.

LCI Industries Price Performance

LCII stock opened at $87.98 on Tuesday. The company has a market capitalization of $2.14 billion, a P/E ratio of 10.23 and a beta of 1.21. LCI Industries has a twelve month low of $77.58 and a twelve month high of $159.66. The business has a 50 day simple moving average of $90.52 and a 200-day simple moving average of $112.25. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, beating analysts' consensus estimates of $2.58 by $0.12. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The company's quarterly revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.39 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, equities analysts anticipate that LCI Industries will post 8.37 EPS for the current year.

LCI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were given a dividend of $1.15 per share. The ex-dividend date was Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a yield of 5.2%. LCI Industries's dividend payout ratio is presently 53.49%.

LCI Industries Company Profile

LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), as well as in the marine, powersports, automotive, and other transportation markets. Through its Lippert business, the company provides products to original equipment manufacturers and serves consumers through replacement and aftermarket channels.

Its product portfolio includes chassis and structural components, axles and suspension systems, slide-out systems, windows, doors, entry steps, awnings, leveling systems, furniture, mattresses, appliances, electronics, and plumbing products.

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