LCI Industries (NYSE:LCII) Receives $142.71 Average PT from Brokerages

Shares of LCI Industries (NYSE:LCII) have been given an average rating of “Hold” by the nine brokerages that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $140.5714.

LCII has been the subject of several analyst reports. Stifel Nicolaus reduced their target price on LCI Industries from $152.00 to $137.00 and set a “buy” rating for the company in a report on Monday. Robert W. Baird set a $140.00 price target on LCI Industries in a research note on Wednesday, May 6th. Weiss Ratings downgraded LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Roth Capital raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective for the company in a research note on Wednesday, May 6th. Finally, Truist Financial decreased their target price on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating for the company in a report on Wednesday, July 8th.

Hedge Funds Weigh In On LCI Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH grew its position in LCI Industries by 23.7% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 231,782 shares of the company’s stock worth $24,541,000 after purchasing an additional 44,341 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new stake in shares of LCI Industries in the second quarter valued at $266,000. Y Intercept Hong Kong Ltd lifted its holdings in shares of LCI Industries by 504.6% in the second quarter. Y Intercept Hong Kong Ltd now owns 10,829 shares of the company’s stock valued at $1,147,000 after purchasing an additional 9,038 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of LCI Industries in the second quarter worth $453,000. Finally, Central Pacific Bank Trust Division boosted its position in shares of LCI Industries by 21.7% in the second quarter. Central Pacific Bank Trust Division now owns 1,514 shares of the company’s stock worth $160,000 after buying an additional 270 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

LCI Industries Price Performance

Shares of NYSE:LCII opened at $104.62 on Friday. LCI Industries has a one year low of $84.33 and a one year high of $159.66. The stock has a fifty day moving average of $102.22 and a 200-day moving average of $121.41. The company has a market capitalization of $2.54 billion, a PE ratio of 12.85 and a beta of 1.18. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.20 and a current ratio of 2.91.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The company’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities analysts anticipate that LCI Industries will post 8.71 EPS for the current fiscal year.

LCI Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were issued a dividend of $1.15 per share. The ex-dividend date was Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.4%. LCI Industries’s payout ratio is currently 56.51%.

LCI Industries Company Profile

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.