LCI Industries (LCII) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LCI Industries in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LCII shares.
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7 brokerages have issued twelve-month price objectives for LCI Industries' stock. Their LCII share price forecasts range from $95.00 to $137.00. On average, they anticipate the company's stock price to reach $118.86 in the next year. This suggests a possible upside of 2.7% from the stock's current price.
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LCI Industries' stock was trading at $92.45 at the start of the year. Since then, LCII shares have increased by 25.2% and is now trading at $115.78.
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LCI Industries saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,350,000 shares, an increase of 6.3% from the August 15th total of 2,210,000 shares. Based on an average trading volume of 167,400 shares, the days-to-cover ratio is presently 14.0 days. Approximately 9.7% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our LCII earnings forecast.

LCI Industries (NYSE:LCII) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $1.31 earnings per share for the quarter, missing analysts' consensus estimates of $1.37 by $0.06. The business earned $1.01 billion during the quarter, compared to analysts' expectations of $997.16 million. LCI Industries had a net margin of 2.12% and a trailing twelve-month return on equity of 6.14%. The firm's revenue was down 33.9% compared to the same quarter last year. During the same period in the previous year, the company posted $6.06 EPS.

LCI Industries declared a quarterly dividend on Monday, August 21st. Shareholders of record on Friday, September 1st will be paid a dividend of $1.05 per share on Friday, September 15th. This represents a $4.20 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for LCII.

ETFs with the largest weight of LCI Industries (NYSE:LCII) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Pacer US Small Cap Cash Cows 100 ETF (CALF), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap Quality ETF (XSHQ), WisdomTree U.S. SmallCap Fund (EES), Royce Quant Small-Cap Quality Value ETF (SQLV) and WisdomTree U.S. SmallCap Dividend Fund (DES).

LCI Industries (NYSE:LCII) pays an annual dividend of $4.20 per share and currently has a dividend yield of 3.57%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 126.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LCII will have a dividend payout ratio of 44.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LCII.

82 employees have rated LCI Industries Chief Executive Officer Jason D. Lippert on Glassdoor.com. Jason D. Lippert has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other LCI Industries investors own include Exxon Mobil (XOM), Home Depot (HD), NVIDIA (NVDA), Pfizer (PFE), Procter & Gamble (PG), THOR Industries (THO), Broadcom (AVGO), Altria Group (MO), AT&T (T) and AbbVie (ABBV).

LCI Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "LCII."

LCI Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Shaolin Capital Management LLC (0.00%), Kayne Anderson Rudnick Investment Management LLC (9.48%), JPMorgan Chase & Co. (4.78%), Dimensional Fund Advisors LP (4.15%), Franklin Resources Inc. (2.50%) and Principal Financial Group Inc. (2.45%). Insiders that own company stock include James Gero, Jamie Schnur, Jason Lippert, Kieran M O'sullivan, Nick C Fletcher, Nick C Fletcher and Ryan Richard Smith.
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Shares of LCII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LCII stock can currently be purchased for approximately $115.78.

LCI Industries (NYSE:LCII) has a market capitalization of $2.93 billion and generates $5.21 billion in revenue each year. The company earns $394.97 million in net income (profit) each year or $3.32 on an earnings per share basis.

The company employs 12,900 workers across the globe.

LCI Industries' mailing address is 3501 COUNTY ROAD 6 EAST, ELKHART IN, 46514. The official website for the company is www.lci1.com. The company can be reached via phone at (574) 535-1125, via email at lciir@clermontpartners.com, or via fax at 914-428-4581.