LSI Industries (NASDAQ:LYTS) Downgraded to Hold Rating by Wall Street Zen

Posted by Francis Steltz on May 17th, 2026

Wall Street Zen cut shares of LSI Industries (NASDAQ:LYTS – Free Report) from a buy rating to a hold rating in a research note published on Saturday morning.

Several other brokerages also recently weighed in on LYTS. Weiss Ratings reiterated a “hold (c+)” rating on shares of LSI Industries in a research note on Friday, May 8th. Zacks Research upgraded shares of LSI Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. HC Wainwright restated a “buy” rating and issued a $30.00 price objective on shares of LSI Industries in a research report on Tuesday, January 27th. Finally, Canaccord Genuity Group raised their price objective on shares of LSI Industries from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $28.33.

View Our Latest Research Report on LYTS

LSI Industries Stock Performance

Shares of LYTS stock opened at $23.32 on Friday. The stock’s 50-day moving average is $20.65 and its two-hundred day moving average is $20.38. The firm has a market cap of $856.08 million, a price-to-earnings ratio of 31.09 and a beta of 0.54. LSI Industries has a 1 year low of $15.31 and a 1 year high of $24.99. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.21 and a current ratio of 1.48.

LSI Industries (NASDAQ:LYTS – Get Free Report) last announced its earnings results on Thursday, April 23rd. The construction company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.34). LSI Industries had a return on equity of 8.90% and a net margin of 3.91%.The business had revenue of $150.53 million for the quarter, compared to analyst estimates of $163.53 million. Analysts predict that LSI Industries will post 0.81 earnings per share for the current year.

LSI Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 12th. Stockholders of record on Monday, May 4th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, May 4th. LSI Industries’s dividend payout ratio (DPR) is presently 26.67%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LYTS. Thrivent Financial for Lutherans purchased a new position in shares of LSI Industries during the 3rd quarter worth approximately $10,288,000. Royce & Associates LP increased its stake in shares of LSI Industries by 50.0% during the 3rd quarter. Royce & Associates LP now owns 1,045,225 shares of the construction company’s stock worth $24,678,000 after purchasing an additional 348,598 shares in the last quarter. Juniper Investment Company LLC increased its stake in shares of LSI Industries by 211.0% during the 4th quarter. Juniper Investment Company LLC now owns 341,504 shares of the construction company’s stock worth $6,256,000 after purchasing an additional 231,693 shares in the last quarter. Kennedy Capital Management LLC increased its stake in shares of LSI Industries by 163.7% during the 3rd quarter. Kennedy Capital Management LLC now owns 339,495 shares of the construction company’s stock worth $8,015,000 after purchasing an additional 210,728 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of LSI Industries by 259.7% during the 1st quarter. Sei Investments Co. now owns 264,336 shares of the construction company’s stock worth $4,917,000 after purchasing an additional 190,840 shares in the last quarter. 73.91% of the stock is owned by hedge funds and other institutional investors.

About LSI Industries

(Get Free Report)

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.