LCI Industries (NYSE:LCII - Get Free Report) has received a consensus rating of "Hold" from the five brokerages that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $121.50.
LCII has been the topic of a number of analyst reports. CJS Securities upgraded shares of LCI Industries from a "market perform" rating to an "outperform" rating and set a $145.00 price target on the stock in a research report on Wednesday, February 12th. Truist Financial upped their target price on shares of LCI Industries from $102.00 to $108.00 and gave the company a "hold" rating in a research note on Monday, February 10th. Finally, StockNews.com cut shares of LCI Industries from a "buy" rating to a "hold" rating in a research report on Monday.
Check Out Our Latest Report on LCII
LCI Industries Trading Down 10.0 %
Shares of LCII stock traded down $9.00 during trading hours on Monday, reaching $80.81. The company had a trading volume of 619,451 shares, compared to its average volume of 261,284. LCI Industries has a 1-year low of $80.77 and a 1-year high of $129.38. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.82 and a quick ratio of 1.03. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 14.43 and a beta of 1.45. The company has a 50 day moving average of $98.77 and a 200 day moving average of $108.57.
LCI Industries (NYSE:LCII - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. LCI Industries had a return on equity of 10.28% and a net margin of 3.82%. On average, equities research analysts anticipate that LCI Industries will post 6.76 EPS for the current year.
LCI Industries Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were paid a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $4.60 dividend on an annualized basis and a yield of 5.69%. LCI Industries's payout ratio is 82.14%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of LCI Industries by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 436,423 shares of the company's stock worth $45,122,000 after acquiring an additional 25,145 shares during the period. Principal Financial Group Inc. raised its stake in shares of LCI Industries by 1.8% in the 4th quarter. Principal Financial Group Inc. now owns 643,507 shares of the company's stock valued at $66,536,000 after purchasing an additional 11,286 shares during the period. CIBC Asset Management Inc bought a new stake in shares of LCI Industries in the fourth quarter valued at about $266,000. Smartleaf Asset Management LLC boosted its position in shares of LCI Industries by 205.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 367 shares of the company's stock worth $37,000 after buying an additional 247 shares during the period. Finally, Congress Asset Management Co. boosted its position in shares of LCI Industries by 10.1% during the fourth quarter. Congress Asset Management Co. now owns 57,565 shares of the company's stock worth $5,952,000 after buying an additional 5,303 shares during the period. Institutional investors own 99.71% of the company's stock.
About LCI Industries
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Get Free ReportLCI 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.
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