LCI Industries (NYSE:LCII - Get Free Report) shares hit a new 52-week low on Thursday. The company traded as low as $82.78 and last traded at $82.52, with a volume of 4563 shares changing hands. The stock had previously closed at $83.67.
Analysts Set New Price Targets
LCII has been the subject of a number of research analyst reports. Robert W. Baird set a $119.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Truist Financial lowered their price objective on shares of LCI Industries from $135.00 to $114.00 and set a "hold" rating on the stock in a research report on Wednesday, July 8th. Zacks Research lowered shares of LCI Industries from a "hold" rating to a "strong sell" rating in a research note on Friday, August 7th. BMO Capital Markets set a $118.00 target price on shares of LCI Industries in a research report on Thursday, August 6th. Finally, Benchmark decreased their target price on shares of LCI Industries from $150.00 to $125.00 and set a "buy" rating for the company in a research note on Tuesday, June 23rd. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $126.25.
View Our Latest Stock Report on LCII
LCI Industries Trading Down 1.1%
The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 9.59 and a beta of 1.18. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The company has a fifty day moving average price of $98.91 and a 200-day moving average price of $106.49.
LCI Industries (NYSE:LCII - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, beating the consensus estimate of $2.58 by $0.12. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.12 billion. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The firm's quarterly revenue was down 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.39 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, equities research analysts predict that LCI Industries will post 8.45 EPS for the current year.
LCI Industries Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were paid a dividend of $1.15 per share. The ex-dividend date was Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 5.6%. LCI Industries's dividend payout ratio is 53.49%.
Institutional Investors Weigh In On LCI Industries
Several institutional investors and hedge funds have recently modified their holdings of LCII. Huntington National Bank increased its position in LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company's stock worth $25,000 after buying an additional 91 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of LCI Industries in the second quarter worth about $60,000. Clearstead Advisors LLC lifted its position in shares of LCI Industries by 36.8% in the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company's stock worth $63,000 after buying an additional 139 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of LCI Industries during the 2nd quarter worth about $64,000. Finally, Assetmark Inc. bought a new stake in shares of LCI Industries during the 1st quarter worth about $90,000. Institutional investors and hedge funds own 99.71% of the company's stock.
About LCI Industries
(
Get Free Report)
LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), marine products, and other specialty vehicles. The company operates under the Lippert brand and serves original equipment manufacturers as well as aftermarket customers.
Its product portfolio includes chassis and axles, suspension systems, slide-out mechanisms, leveling and stabilization equipment, windows, doors, awnings, steps, furniture, mattresses, appliances, electronics, and related interior and exterior components.
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