LCI Industries (LCII) Expected to Announce Quarterly Earnings on Tuesday

LCI Industries (NYSE:LCII - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $799.81 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

LCI Industries (NYSE:LCII - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.08. LCI Industries had a return on equity of 9.48% and a net margin of 3.47%. The business had revenue of $915.50 million for the quarter, compared to analyst estimates of $922.85 million. During the same quarter last year, the company earned $1.02 earnings per share. The business's revenue for the quarter was down 4.6% compared to the same quarter last year. On average, analysts expect LCI Industries to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

LCI Industries Price Performance

LCII stock traded down $0.48 during trading on Friday, hitting $100.81. The stock had a trading volume of 244,623 shares, compared to its average volume of 230,297. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 19.61 and a beta of 1.44. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.25 and a current ratio of 2.88. The company's 50 day moving average price is $107.49 and its two-hundred day moving average price is $113.10. LCI Industries has a 1-year low of $96.18 and a 1-year high of $129.38.

LCI Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a dividend of $1.15 per share. The ex-dividend date was Friday, November 29th. This is an increase from LCI Industries's previous quarterly dividend of $1.05. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.56%. LCI Industries's payout ratio is 89.49%.

Insider Activity at LCI Industries

In other news, CEO Jason Lippert sold 10,000 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $126.00, for a total transaction of $1,260,000.00. Following the completion of the sale, the chief executive officer now owns 373,145 shares in the company, valued at approximately $47,016,270. The trade was a 2.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of LCI Industries from $108.00 to $102.00 and set a "hold" rating on the stock in a research report on Tuesday, January 7th. StockNews.com upgraded LCI Industries from a "hold" rating to a "buy" rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, LCI Industries presently has a consensus rating of "Moderate Buy" and a consensus target price of $113.75.

LCI Industries Company Profile

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.