Lennox International Company Profile (NYSE:LII)

Lennox International trades on the New York Stock Exchange (NYSE) under the ticker symbol "LII."

Lennox International announced a quarterly dividend on Wednesday, May 17th. Shareholders of record on Friday, June 30th will be given a dividend of $0.51 per share on Monday, July 17th. This represents a $2.04 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Wednesday, June 28th. This is a boost from Lennox International's previous quarterly dividend of $0.43. View Lennox International's Dividend History.

Lennox International declared that its board has initiated a stock buyback program on Sunday, June 4th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is undervalued.

Lennox International, Inc. (NYSE:LII) posted its quarterly earnings data on Monday, July, 24th. The company reported $2.83 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.76 by $0.07. The company earned $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Lennox International had a return on equity of 1,821.73% and a net margin of 7.92%. Lennox International's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.53 earnings per share. View Lennox International's Earnings History.

Lennox International updated its FY17 earnings guidance on Monday, July, 24th. The company provided earnings per share guidance of $7.75-8.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.95. The company issued revenue guidance of $3.79-3.90 billion, compared to the consensus revenue estimate of $3.84 billion.

9 analysts have issued 12 month price targets for Lennox International's stock. Their predictions range from $161.00 to $200.00. On average, they expect Lennox International's stock price to reach $177.00 in the next year. View Analyst Ratings for Lennox International.

Here are some recent quotes from research analysts about Lennox International stock:

• 1. Cowen and Company analysts commented, "Aviation and Healthcare profits continue to expand at a steady pace, while the Power outlook weakened and O&G persists softer than expected (O&G orders up 12%, but backlog down 12%, pricing challenging). At Power, gas turbine orders continue below shipments, and shipped units could decline by 10-15 in 2018 (100-105 ’17E vs. 104 in 2016); AGP units project up this year (155-165 vs. 145 LY), but 20-30 units lack timing visibility and mix shift to light overhauls creates OP headwind. GE’s guidance update to low end of prior framework appears at risk. O&G and Power cycles loom critical, and currently lack direction. GE digital orders of $2.3B in 1H rose 24% y-o-y, including $391M Predix platform (vs." (7/24/2017)
• 2. Stifel Nicolaus analysts commented, "We hosted a positive, upbeat, bullish meeting with the management of Lennox International including CEO Todd Bluedorn, CFO Joe Reitmeier and VP, IR Steve Harrison. We were also joined by CTO Prakash Bedapudi, who led an impressive Product Development and Research Tour at LII's R&D center, highlighting Lennox's continued strong product leadership (26 SEER anyone?) and competitive advantage on product/component testing and speed to market. The key message of the meeting was that the business environment is consistent with 4Q16 call commentary ('steady as she goes') with still solid industry fundamentals, and continued confidence in guidance of MSD top-line growth (3-7% official guide per 4Q call) for 2017 and over the longer term. 1Q17 was characterized in a similar vein, though CEO Bluedorn did note 'weather has been a little warm' and March is the deciding, decisive month of 1Q (40-50% of revenue). Management did note that homebuilder sentiment remains strong (where LII enjoys outsized market share, vs. mid to high teens overall) and the 10,000+ dealer network remains confident. Bottom line, 'Steady as She Goes'; No change materially to EPS Guidance or relevant inputs; we think trends sound OK to good (likely slight positive read through to WSO, UTX, and IR). Reiterate Hold, $180 target price based on 20x our 2018E EPS of $9.00." (3/22/2017)
• 3. According to Zacks Investment Research, "Lennox International Inc. is a leading global provider of climate control solutions. The company designs, manufactures and markets a broad range of products for the heating, ventilation, air conditioning and refrigeration markets. The company's products are sold under brand names that include Lennox, Armstrong Air, Bohn, Larkin, Heatcraft and others. The company's furnaces, heat pumps, air conditioners, pre-fabricated fireplaces and related products are available in a variety of designs, efficiency levels and price points that provide an extensive line of comfort systems. " (8/6/2016)

Some companies that are related to Lennox International include Martin Marietta Materials (MLM), D.R. Horton (DHI), Lennar Corporation (LEN), Masco Corporation (MAS), Lennar Corporation (LEN.B), United Rentals (URI), NVR (NVR), Rollins (ROL), Acuity Brands (AYI), PulteGroup (PHM), Owens Corning (OC), RPM International (RPM), James Hardie Industries PLC. (JHX), Toll Brothers (TOL), Jacobs Engineering Group (JEC), Fluor Corporation (FLR), ServiceMaster Global Holdings (SERV) and Thor Industries (THO).

Lennox International's management team includes the folowing people:

• Todd M. Bluedorn, Chairman of the Board, Chief Executive Officer
• Joseph W. Reitmeier, Chief Financial Officer, Executive Vice President
• Daniel M. Sessa, Chief Human Resource Officer, Executive Vice President
• Prakash Bedapudi, Chief Technology Officer, Executive Vice President
• John D. Torres, Chief Legal Officer, Executive Vice President, Secretary
• Terry L. Johnston, Executive Vice President, President and Chief Operating Officer - North America Commercial Heating & Cooling
• David W. Moon, Executive Vice President, President and Chief Operating Officer - LII Worldwide Refrigeration
• Douglas L. Young, Executive Vice President, President and Chief Operating Officer - LII Residential Heating & Cooling
• Chris Kosel, Chief Accounting Officer, Vice President, Controller
• Todd J. Teske, Lead Independent Director

Lennox International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (1.05%), First Quadrant L P CA (0.14%), Cobiz Wealth LLC (0.08%), US Bancorp DE (0.06%), Aperio Group LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Lennox International stock include Daniel M Sessa, David W Moon, Douglas L Young, Janet Katherine Cooper, John D Torres, John E Major, John W Norris III, Joseph William Reitmeier, Max H Mitchell, Paul W Schmidt, Prakash Bedapudi, Richard L Thompson, Roy A Rumbough, Terry L Johnston and Todd M Bluedorn. View Institutional Ownership Trends for Lennox International.

Lennox International's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, US Bancorp DE and Cobiz Wealth LLC. Company insiders that have sold Lennox International stock in the last year include Daniel M Sessa, David W Moon, Douglas L Young, John D Torres, John W Norris III, Joseph William Reitmeier, Paul W Schmidt, Prakash Bedapudi, Roy A Rumbough, Terry L Johnston and Todd M Bluedorn. View Insider Buying and Selling for Lennox International.

Lennox International's stock was purchased by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Denali Advisors LLC, Nisa Investment Advisors LLC, Aperio Group LLC, Xact Kapitalforvaltning AB, Copper Rock Capital Partners LLC, LS Investment Advisors LLC and Oregon Public Employees Retirement Fund. View Insider Buying and Selling for Lennox International.

Shares of Lennox International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Lennox International stock can currently be purchased for approximately $169.92.