Lifetime Brands FY2026 Earnings Forecast Decreased by Sidoti

Key Points

• Sidoti lowered Lifetime Brands’ FY2026 EPS forecast to $2.07 from $2.10, slightly below the consensus estimate of $2.08. The firm also projected FY2027 EPS of $0.98.
• Lifetime Brands’ latest quarterly results exceeded expectations, with EPS of $1.18 versus the consensus estimate of a $0.21 loss and revenue of $141.57 million compared with estimates of $136.64 million.
• The stock was trading down 7.3% at $8.56, while analysts maintained an overall “Hold” rating with a consensus price target of $9.50. The company also announced a quarterly dividend of $0.0425 per share, implying a 2.0% annual yield.

Lifetime Brands, Inc. (NASDAQ:LCUT - Free Report) - Sidoti lowered their FY2026 EPS estimates for shares of Lifetime Brands in a note issued to investors on Tuesday, October 13th. Sidoti analyst A. Lebiedzinski now expects that the company will post earnings of $2.07 per share for the year, down from their prior forecast of $2.10. The consensus estimate for Lifetime Brands' current full-year earnings is $2.08 per share. Sidoti also issued estimates for Lifetime Brands' Q1 2027 earnings at $0.04 EPS, Q2 2027 earnings at ($0.09) EPS and FY2027 earnings at $0.98 EPS.

Lifetime Brands (NASDAQ:LCUT - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $1.39. The business had revenue of $141.57 million during the quarter, compared to analyst estimates of $136.64 million. Lifetime Brands had a net margin of 4.81% and a return on equity of 26.39%.

Other equities analysts have also recently issued reports about the company. Weiss Ratings raised Lifetime Brands from a "sell (d-)" rating to a "hold (c)" rating in a research report on Tuesday, September 22nd. Roth Capital reissued a "buy" rating and issued a $12.00 target price on shares of Lifetime Brands in a report on Tuesday, August 11th. Zacks Research cut Lifetime Brands from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 9th. Finally, Canaccord Genuity Group increased their price objective on Lifetime Brands from $6.00 to $7.00 and gave the company a "hold" rating in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $9.50.

Lifetime Brands Trading Down 7.3%

NASDAQ:LCUT opened at $8.56 on Thursday. The stock has a market cap of $196.79 million, a price-to-earnings ratio of 3.88, a PEG ratio of 0.32 and a beta of 1.01. The company has a quick ratio of 0.99, a current ratio of 2.11 and a debt-to-equity ratio of 0.51. The company's 50 day moving average price is $9.04 and its 200-day moving average price is $8.30. Lifetime Brands has a 52 week low of $2.90 and a 52 week high of $10.17.

Lifetime Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a $0.0425 dividend. The ex-dividend date is Friday, October 30th. This represents a $0.17 annualized dividend and a yield of 2.0%. Lifetime Brands's dividend payout ratio (DPR) is currently 11.89%.

Insider Transactions at Lifetime Brands

In other Lifetime Brands news, Director Jeffrey Siegel sold 7,359 shares of Lifetime Brands stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $9.51, for a total value of $69,984.09. Following the completion of the sale, the director owned 1,158,978 shares of the company's stock, valued at approximately $11,021,880.78. The trade was a 0.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 22,423 shares of company stock valued at $213,176 in the last 90 days. Company insiders own 44.40% of the company's stock.

Hedge Funds Weigh In On Lifetime Brands

Several hedge funds and other institutional investors have recently modified their holdings of LCUT. JB Capital Partners LP purchased a new position in Lifetime Brands in the second quarter worth about $13,820,463. BlackRock Inc. bought a new position in shares of Lifetime Brands in the 2nd quarter worth approximately $8,092,000. Martin & Co. Inc. TN purchased a new position in shares of Lifetime Brands in the second quarter worth approximately $3,799,000. Empowered Funds LLC bought a new stake in Lifetime Brands during the second quarter valued at approximately $1,139,000. Finally, Renaissance Technologies LLC grew its position in Lifetime Brands by 14.3% during the first quarter. Renaissance Technologies LLC now owns 116,765 shares of the company's stock valued at $670,000 after buying an additional 14,614 shares during the period. 40.62% of the stock is owned by institutional investors.

Lifetime Brands Company Profile

Lifetime Brands, Inc designs, sources, and markets a broad range of kitchenware, tabletop products, and household tools. Its offerings include cookware, bakeware, cutlery, kitchen gadgets, food storage products, barware, and dining and serving items for consumers and foodservice customers.

The company sells products under a portfolio of owned and licensed brands, including Farberware, KitchenAid, Mikasa, Pfaltzgraff, Taylor, and Kitchara, among others. It distributes its products through mass merchants, department and specialty stores, warehouse clubs, e-commerce channels, and other retail outlets.

Lifetime Brands serves markets primarily in the United States and Canada, with additional international distribution.

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