HC Wainwright Estimates LSI Industries Q1 Earnings

Key Points

• HC Wainwright maintained a “Buy” rating on LSI Industries and forecasts Q1 fiscal 2027 EPS of $0.21. Its estimates rise to $3.16 in fiscal 2031, while the broader analyst consensus is “Moderate Buy” with an average price target of $29.
• LSI Industries reported quarterly EPS of $0.38, beating the $0.35 consensus estimate, while revenue of $234.62 million exceeded expectations of $222.78 million.
• The company declared a quarterly dividend of $0.05, equal to a $0.20 annualized payout and a 1.0% yield. Institutional investors own 73.91% of the stock, while insiders have sold shares worth $6.22 million over the past 90 days.

LSI Industries Inc. (NASDAQ:LYTS - Free Report) - HC Wainwright issued their Q1 2027 EPS estimates for shares of LSI Industries in a research report issued on Friday, August 21st. HC Wainwright analyst A. Dayal forecasts that the construction company will post earnings per share of $0.21 for the quarter. HC Wainwright currently has a "Buy" rating on the stock. The consensus estimate for LSI Industries' current full-year earnings is $1.18 per share. HC Wainwright also issued estimates for LSI Industries' Q3 2027 earnings at $0.20 EPS, Q4 2027 earnings at $0.28 EPS, FY2028 earnings at $1.55 EPS, FY2029 earnings at $2.04 EPS, FY2030 earnings at $2.54 EPS and FY2031 earnings at $3.16 EPS.

A number of other research analysts have also recently commented on the company. Morgan Stanley set a $30.00 target price on LSI Industries in a research note on Friday. Wall Street Zen lowered LSI Industries from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Oppenheimer dropped their price objective on LSI Industries from $30.00 to $29.00 and set an "outperform" rating for the company in a report on Friday, August 21st. Finally, Weiss Ratings downgraded LSI Industries from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, LSI Industries has a consensus rating of "Moderate Buy" and an average price target of $29.00.

LSI Industries Stock Up 5.4%

Shares of NASDAQ LYTS opened at $20.65 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86. The company has a market cap of $758.06 million, a P/E ratio of 30.82 and a beta of 0.56. LSI Industries has a 1 year low of $17.20 and a 1 year high of $27.36. The firm has a 50-day simple moving average of $24.40 and a two-hundred day simple moving average of $22.66.

LSI Industries (NASDAQ:LYTS - Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The company had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 31st will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 annualized dividend and a yield of 1.0%. LSI Industries's dividend payout ratio is 29.85%.

Insider Transactions at LSI Industries

In other news, Director Ernest W. Marshall, Jr. acquired 2,000 shares of LSI Industries stock in a transaction on Monday, August 24th. The shares were bought at an average cost of $19.73 per share, for a total transaction of $39,460.00. Following the acquisition, the director directly owned 28,643 shares of the company's stock, valued at $565,126.39. This trade represents a 7.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Wilfred T. Ogara sold 10,369 shares of LSI Industries stock in a transaction on Monday, June 1st. The shares were sold at an average price of $24.09, for a total value of $249,789.21. Following the sale, the director directly owned 103,686 shares of the company's stock, valued at approximately $2,497,795.74. This trade represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 256,173 shares of company stock valued at $6,220,368. Company insiders own 7.30% of the company's stock.

Institutional Trading of LSI Industries

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in LSI Industries during the 2nd quarter worth about $72,118,000. California State Teachers Retirement System increased its position in LSI Industries by 3,782.7% during the 2nd quarter. California State Teachers Retirement System now owns 1,005,548 shares of the construction company's stock valued at $26,727,000 after purchasing an additional 979,650 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of LSI Industries by 70.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 742,592 shares of the construction company's stock valued at $13,604,000 after purchasing an additional 306,864 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of LSI Industries in the 2nd quarter valued at about $6,232,000. Finally, Juniper Investment Company LLC lifted its position in shares of LSI Industries by 211.0% in the 4th quarter. Juniper Investment Company LLC now owns 341,504 shares of the construction company's stock worth $6,256,000 after purchasing an additional 231,693 shares during the period. 73.91% of the stock is currently owned by institutional investors.

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.

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