Lennox International, Inc. (LII) To Go Ex-Dividend on September 30th

Lennox International, Inc. (NYSE:LII) announced a quarterly dividend on Friday, September 18th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $1.36 per share by the construction company on Thursday, October 15th. This represents a $5.44 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, September 30th.

Lennox International has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Lennox International has a dividend payout ratio of 21.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Lennox International to earn $25.98 per share next year, which means the company should continue to be able to cover its $5.44 annual dividend with an expected future payout ratio of 20.9%.

Lennox International Trading Down 0.1%

Shares of LII opened at $373.53 on Monday. The stock has a market capitalization of $12.91 billion, a PE ratio of 16.89, a P/E/G ratio of 1.48 and a beta of 1.18. The company’s fifty day moving average is $416.64 and its 200 day moving average is $476.44. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. Lennox International has a fifty-two week low of $350.22 and a fifty-two week high of $587.27.

Lennox International (NYSE:LII) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the firm earned $7.82 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Sell-side analysts expect that Lennox International will post 23.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on LII shares. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Morgan Stanley decreased their price objective on shares of Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research note on Thursday, September 3rd. The Goldman Sachs Group decreased their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada lowered their price objective on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Lennox International from a “buy” rating to a “hold” rating and reduced their target price for the stock from $609.00 to $444.00 in a research report on Monday, September 14th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $522.85.

Lennox International Company Profile

Lennox International Inc (NYSE:LII) designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.

The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.