Roth Capital Reduces Earnings Estimates for LCI Industries

LCI Industries (NYSE:LCII) – Research analysts at Roth Capital lowered their FY2024 EPS estimates for LCI Industries in a report released on Friday, November 8th. Roth Capital analyst S. Stember now expects that the company will earn $5.53 per share for the year, down from their prior 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.

Several other equities analysts also recently weighed in on the company. StockNews.com downgraded LCI Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Benchmark reiterated a “buy” rating and set a $130.00 price objective on shares of LCI Industries in a research report on Wednesday, August 7th. Truist Financial lifted their price target on shares of LCI Industries from $100.00 to $108.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Finally, Raymond James assumed coverage on shares of LCI Industries in a research report on Tuesday, October 1st. They issued a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $112.20.

LCI Industries Trading Up 0.5 %

Shares of LCII stock opened at $116.60 on Monday. The company has a market cap of $2.97 billion, a PE ratio of 22.66 and a beta of 1.41. LCI Industries has a 1 year low of $96.18 and a 1 year high of $131.36. The stock’s 50 day simple moving average is $116.94 and its two-hundred day simple moving average is $111.55. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.88 and a quick ratio of 1.23.

LCI Industries (NYSE:LCII) last announced its earnings results on Thursday, November 7th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.08. The firm had revenue of $915.50 million for the quarter, compared to analysts’ expectations of $922.85 million. LCI Industries had a net margin of 3.47% and a return on equity of 9.48%. The business’s revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.02 EPS.

LCI Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were paid a dividend of $1.05 per share. 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 is presently 81.71%.

Hedge Funds Weigh In On LCI Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. UniSuper Management Pty Ltd purchased a new stake in LCI Industries during the first quarter worth $732,000. Comerica Bank boosted its position in LCI Industries by 24.1% during the first quarter. Comerica Bank now owns 31,784 shares of the company’s stock valued at $3,911,000 after purchasing an additional 6,174 shares in the last quarter. Quadrature Capital Ltd grew its stake in LCI Industries by 76.7% in the first quarter. Quadrature Capital Ltd now owns 12,672 shares of the company’s stock valued at $1,558,000 after purchasing an additional 5,500 shares during the last quarter. Vanguard Group Inc. raised its holdings in LCI Industries by 0.6% in the first quarter. Vanguard Group Inc. now owns 2,800,882 shares of the company’s stock worth $344,677,000 after purchasing an additional 15,670 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in LCI Industries in the second quarter worth about $438,000. Institutional investors own 99.71% of the company’s stock.

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.