Brokerages Set LCI Industries (NYSE:LCII) PT at $149.29

LCI Industries (NYSE:LCII) has received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $149.2857.

Several equities research analysts recently weighed in on LCII shares. Weiss Ratings downgraded shares of LCI Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Stifel Nicolaus started coverage on shares of LCI Industries in a research note on Tuesday, March 24th. They set a “buy” rating and a $152.00 target price on the stock. Truist Financial cut their target price on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Robert W. Baird set a $140.00 price objective on shares of LCI Industries in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th.

LCI Industries Price Performance

LCI Industries stock opened at $106.77 on Friday. The company’s 50 day simple moving average is $117.36 and its 200-day simple moving average is $125.89. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 13.12 and a beta of 1.17. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. 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 announced its earnings results 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. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm earned $2.19 EPS. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities research analysts expect that LCI Industries will post 8.95 earnings per share for the current year.

LCI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a $1.15 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.3%. LCI Industries’s dividend payout ratio is currently 56.51%.

Institutional Investors Weigh In On LCI Industries

A number of large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of LCI Industries by 21,741.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock valued at $16,537,000 after buying an additional 135,664 shares in the last quarter. Royce & Associates LP boosted its stake in LCI Industries by 8.6% during the 3rd quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock worth $62,597,000 after purchasing an additional 53,405 shares during the period. New York State Common Retirement Fund boosted its stake in LCI Industries by 563.9% during the 3rd quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock worth $4,829,000 after purchasing an additional 44,037 shares during the period. Tudor Investment Corp ET AL acquired a new stake in LCI Industries during the 3rd quarter worth $2,440,000. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in LCI Industries during the 4th quarter worth $27,142,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

About LCI Industries

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.