LCI Industries (LCII) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LCI Industries in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LCII shares.
View LCII analyst ratings or view top-rated stocks.

7 brokers have issued 1-year price objectives for LCI Industries' shares. Their LCII share price forecasts range from $95.00 to $137.00. On average, they predict the company's share price to reach $117.43 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price.
View analysts price targets for LCII or view top-rated stocks among Wall Street analysts.

LCI Industries' stock was trading at $92.45 at the beginning of the year. Since then, LCII stock has increased by 25.3% and is now trading at $115.85.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our LCII earnings forecast.

LCI Industries (NYSE:LCII) announced its quarterly earnings data on Tuesday, May, 9th. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.31. The company had revenue of $973.31 million for the quarter, compared to analysts' expectations of $866.61 million. LCI Industries had a trailing twelve-month return on equity of 14.83% and a net margin of 4.54%. The company's revenue for the quarter was down 40.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.71 earnings per share.

LCI Industries declared a quarterly dividend on Thursday, May 18th. Stockholders of record on Friday, June 2nd will be paid a dividend of $1.05 per share on Friday, June 16th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for LCII.

ETFs with the largest weight of LCI Industries (NYSE:LCII) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Motley Fool Mid-Cap Growth ETF (TMFM), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Alpha Architect U.S. Quantitative Value ETF (QVAL), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Mid Cap Value AlphaDEX Fund (FNK) and VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB).

LCI Industries (NYSE:LCII) pays an annual dividend of $4.20 per share and currently has a dividend yield of 3.63%. 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 52.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LCII will have a dividend payout ratio of 43.39% 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 variety of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (9.51%), JPMorgan Chase & Co. (4.72%), Neuberger Berman Group LLC (4.58%), Dimensional Fund Advisors LP (3.93%), Principal Financial Group Inc. (2.49%) and Jarislowsky Fraser Ltd (2.48%). Insiders that own company stock include Brendan Deely, James Gero, Jamie Schnur, Jason Lippert, Kieran M O'sullivan, Nick C Fletcher, Nick C Fletcher and Ryan Richard Smith.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of LCII stock can currently be purchased for approximately $115.85.

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 $8.07 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.