LCI Industries (NYSE:LCII) Stock Has Consensus Price Target of $126.25 According to Brokerages

LCI Industries (NYSE:LCII) has received an average rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $126.25.

A number of equities analysts have issued reports on LCII shares. Robert W. Baird set a $119.00 target price on LCI Industries in a report on Thursday, August 6th. Zacks Research downgraded shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Truist Financial reduced 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 note on Wednesday, July 8th. Stifel Nicolaus decreased their price objective on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a report on Tuesday, September 1st.

Institutional Trading of LCI Industries

Hedge funds have recently added to or reduced their stakes in the business. Squarepoint Ops LLC lifted its holdings in shares of LCI Industries by 32.6% during the 2nd quarter. Squarepoint Ops LLC now owns 88,640 shares of the company’s stock valued at $9,385,000 after purchasing an additional 21,771 shares in the last quarter. Corient Private Wealth LP acquired a new position in shares of LCI Industries in the 2nd quarter valued at approximately $1,315,000. Fort Washington Investment Advisors Inc. OH increased its stake 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. The Manufacturers Life Insurance Company bought a new stake in LCI Industries during the 2nd quarter worth approximately $1,216,000. Finally, Legal & General Group Plc acquired a new stake in LCI Industries during the 2nd quarter worth approximately $6,023,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

LCI Industries Stock Performance

LCII stock opened at $80.22 on Friday. The business’s fifty day moving average is $96.13 and its 200-day moving average is $104.79. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59. The company has a market cap of $1.95 billion, a P/E ratio of 9.33 and a beta of 1.21. LCI Industries has a twelve month low of $78.67 and a twelve month high of $159.66.

LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm earned $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Equities research analysts forecast that LCI Industries will post 8.45 EPS for the current year.

LCI Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries’s dividend payout ratio (DPR) is currently 53.49%.

About LCI Industries

LCI Industries, operating primarily through its Lippert subsidiary, is a manufacturer and supplier of components and systems for recreational vehicles, marine vessels and other specialty vehicles. Its products are used by original equipment manufacturers and sold through aftermarket and distribution channels.

The company’s product portfolio includes chassis, axles, suspension systems, slide-out mechanisms, leveling systems, windows, doors, awnings, steps, towing equipment, furniture, mattresses, appliances, electronics and plumbing products.