Roth Capital Decreases Earnings Estimates for LCI Industries

LCI Industries (NYSE:LCII - Free Report) - Stock analysts at Roth Capital cut their FY2024 earnings per share (EPS) estimates for shares of LCI Industries in a research report issued to clients and investors on Friday, November 8th. Roth Capital analyst S. Stember now forecasts that the company will post earnings of $5.53 per share for the year, down from their previous forecast of $6.00. The consensus estimate for LCI Industries' current full-year earnings is $5.75 per share. Roth Capital also issued estimates for LCI Industries' Q2 2025 earnings at $2.24 EPS.

LCII has been the topic of several other reports. StockNews.com lowered LCI Industries from a "buy" rating to a "hold" rating in a report on Tuesday, October 8th. Benchmark reiterated a "buy" rating and set a $130.00 price target on shares of LCI Industries in a research report on Wednesday, August 7th. Truist Financial boosted their price objective on shares of LCI Industries from $100.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, September 20th. Finally, Raymond James assumed coverage on LCI Industries in a report on Tuesday, October 1st. They issued a "market perform" rating on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, LCI Industries currently has an average rating of "Hold" and a consensus target price of $112.20.

LCI Industries Price Performance

NYSE:LCII traded up $0.56 during trading hours on Monday, reaching $116.60. 333,327 shares of the company were exchanged, compared to its average volume of 227,853. The business has a 50 day moving average of $116.94 and a 200 day moving average of $111.55. LCI Industries has a 1-year low of $96.18 and a 1-year high of $131.36. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.88 and a quick ratio of 1.23. The company has a market capitalization of $2.97 billion, a P/E ratio of 22.66 and a beta of 1.41.

LCI Industries (NYSE:LCII - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.08. LCI Industries had a net margin of 3.47% and a return on equity of 9.48%. The business had revenue of $915.50 million during the quarter, compared to analysts' expectations of $922.85 million. During the same quarter in the previous year, the company earned $1.02 EPS. The business's revenue was down 4.6% on a year-over-year basis.

LCI Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend was Friday, August 30th. LCI Industries's dividend payout ratio (DPR) is presently 81.71%.

Institutional Investors Weigh In On LCI Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. LRI Investments LLC bought a new stake in LCI Industries during the first quarter worth $46,000. Blue Trust Inc. lifted its position in shares of LCI Industries by 1,289.3% during the third quarter. Blue Trust Inc. now owns 389 shares of the company's stock valued at $47,000 after purchasing an additional 361 shares in the last quarter. GAMMA Investing LLC boosted its holdings in LCI Industries by 98.2% during the third quarter. GAMMA Investing LLC now owns 549 shares of the company's stock worth $66,000 after purchasing an additional 272 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in LCI Industries by 99.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 743 shares of the company's stock valued at $77,000 after buying an additional 370 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of LCI Industries during the 2nd quarter worth approximately $93,000. 99.71% of the stock is owned by institutional investors.

About LCI Industries

LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.