Stifel Nicolaus Cuts LCI Industries (NYSE:LCII) Price Target to $130.00

LCI Industries (NYSE:LCII) had its target price decreased by Stifel Nicolaus from $137.00 to $130.00 in a research report sent to investors on Thursday,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the company. Truist Financial decreased their price target on LCI Industries from $135.00 to $114.00 and set a “hold” rating for the company in a report on Wednesday, July 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 target price on shares of LCI Industries in a research report on Thursday. BMO Capital Markets set a $118.00 price target on LCI Industries in a research note on Thursday. Benchmark reduced 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. Finally, Wall Street Zen lowered LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $129.88.

LCI Industries Trading Up 2.9%

Shares of LCI Industries stock opened at $108.86 on Thursday. LCI Industries has a fifty-two week low of $84.33 and a fifty-two week high of $159.66. The firm has a market cap of $2.65 billion, a PE ratio of 12.66 and a beta of 1.18. The business’s fifty day moving average is $100.79 and its two-hundred day moving average is $119.28. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII) last released its earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the business posted $2.39 earnings per share. The firm’s revenue for the quarter was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Analysts anticipate that LCI Industries will post 8.49 earnings per share for the current year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be paid a dividend of $1.15 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.2%. LCI Industries’s dividend payout ratio (DPR) is 53.49%.

Institutional Investors Weigh In On LCI Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. bought a new stake in shares of LCI Industries in the second quarter valued at approximately $223,000. Focused Alpha LLC bought a new position in LCI Industries during the second quarter worth $325,000. Deutsche Bank AG acquired a new position in LCI Industries during the 2nd quarter valued at $2,685,000. Rice Hall James & Associates LLC acquired a new position in LCI Industries during the 2nd quarter valued at $15,105,000. Finally, Global Retirement Partners LLC bought a new stake in LCI Industries in the 2nd quarter valued at $60,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

LCI Industries Company Profile

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.