LCI Industries (LCII) to Release Quarterly Earnings on Thursday

LCI Industries (NYSE:LCII - Get Free Report) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect LCI Industries to post earnings of $1.31 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

LCI Industries (NYSE:LCII - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.24. LCI Industries had a return on equity of 8.85% and a net margin of 3.17%. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the business posted $1.31 earnings per share. The firm's revenue for the quarter was up 3.9% 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 Stock Down 0.5 %

NYSE:LCII opened at $115.68 on Thursday. The company has a quick ratio of 1.23, a current ratio of 2.82 and a debt-to-equity ratio of 0.59. The stock's fifty day moving average is $117.52 and its two-hundred day moving average is $111.12. LCI Industries has a 52 week low of $96.18 and a 52 week high of $131.36. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 24.25 and a beta of 1.41.

LCI Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend was Friday, August 30th. LCI Industries's dividend payout ratio (DPR) is 88.05%.

Analyst Ratings Changes

A number of research analysts have commented on the company. StockNews.com cut LCI Industries from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Truist Financial upped their price target on LCI Industries from $100.00 to $108.00 and gave the stock a "hold" rating in a research note on Friday, September 20th. Benchmark restated a "buy" rating and set a $130.00 price target on shares of LCI Industries in a research note on Wednesday, August 7th. Finally, Raymond James assumed coverage on LCI Industries in a research note on Tuesday, October 1st. They issued a "market perform" rating on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $112.20.

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.