Brokerages Set LCI Industries (NYSE:LCII) Price Target at $126.25

LCI Industries (NYSE:LCII) has earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $126.25.

A number of brokerages have recently weighed in on LCII. Benchmark lowered their price target on LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Truist Financial dropped their price target 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 cut their price objective on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Zacks Research cut LCI Industries from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $135.00 target price (down from $155.00) on shares of LCI Industries in a research report on Monday, August 10th.

Institutional Investors Weigh In On LCI Industries

Several large investors have recently made changes to their positions in the company. Huntington National Bank grew its position in LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares in the last quarter. Salomon & Ludwin LLC grew its stake in shares of LCI Industries by 1,818.2% in the fourth quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of LCI Industries during the 4th quarter worth about $30,000. Northwestern Mutual Wealth Management Co. increased its stake in LCI Industries by 358.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after acquiring an additional 488 shares during the period. Finally, Clearstead Advisors LLC increased its position in shares of LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after purchasing an additional 139 shares during the period. Institutional investors own 99.71% of the company’s stock.

LCI Industries Price Performance

Shares of NYSE LCII opened at $104.42 on Thursday. LCI Industries has a fifty-two week low of $84.33 and a fifty-two week high of $159.66. 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 firm has a market cap of $2.54 billion, a PE ratio of 12.14 and a beta of 1.18. The business has a 50 day moving average price of $101.45 and a two-hundred day moving average price of $117.44.

LCI Industries (NYSE:LCII) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share (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 analyst estimates of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The business’s revenue was down 12.6% compared to the same quarter last year. During the same quarter 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. Sell-side analysts expect that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Friday, August 21st. LCI Industries’s payout ratio is currently 53.49%.

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.