LCI Industries (NYSE:LCII) Sees Unusually-High Trading Volume – Still a Buy?

LCI Industries (NYSE:LCIIGet Free Report) shares saw strong trading volume on Tuesday . 301,050 shares were traded during trading, a decline of 18% from the previous session’s volume of 368,951 shares.The stock last traded at $101.2540 and had previously closed at $100.12.

Key Headlines Impacting LCI Industries

Here are the key news stories impacting LCI Industries this week:

  • Positive Sentiment: LCI Industries and Patrick Industries agreed to an all-stock merger that could expand scale and unlock about $150 million in cost synergies. Article Title
  • Positive Sentiment: The merger terms give LCII holders a defined stock-for-stock consideration, which can reduce uncertainty if the deal closes as planned. Article Title
  • Neutral Sentiment: Several market and legal updates are now centered on merger review and shareholder fairness, suggesting the stock may trade on deal headlines rather than fundamentals in the near term. Article Title
  • Negative Sentiment: Investor caution is rising because the merger is not yet closed, and lawsuits/investigations are questioning whether LCI shareholders are getting a fair price. Article Title

Analyst Ratings Changes

Several brokerages have issued reports on LCII. Stifel Nicolaus initiated coverage on shares of LCI Industries in a research report on Tuesday, March 24th. They set a “buy” rating and a $152.00 price objective for the company. Roth Mkm upgraded shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price target on the stock in a research report on Wednesday, May 6th. Robert W. Baird set a $140.00 target price on LCI Industries in a research note on Wednesday, May 6th. Wall Street Zen cut LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Benchmark dropped their price target on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, June 23rd. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $145.71.

View Our Latest Analysis on LCI Industries

LCI Industries Price Performance

The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 12.52 and a beta of 1.18. The business’s fifty day simple moving average is $105.92 and its 200 day simple moving average is $123.23. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20.

LCI Industries (NYSE:LCIIGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, research analysts forecast that LCI Industries will post 8.95 EPS for the current year.

LCI Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were paid a $1.15 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 annualized dividend and a dividend yield of 4.5%. LCI Industries’s dividend payout ratio is 56.51%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Intrinsic Edge Capital Management LLC bought a new position in shares of LCI Industries during the 1st quarter worth approximately $6,149,000. Amundi purchased a new stake in LCI Industries during the first quarter valued at about $15,843,000. California State Teachers Retirement System boosted its holdings in LCI Industries by 21.1% in the 1st quarter. California State Teachers Retirement System now owns 28,342 shares of the company’s stock worth $3,485,000 after buying an additional 4,938 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of LCI Industries by 180.0% in the first quarter. Quantinno Capital Management LP now owns 20,365 shares of the company’s stock worth $2,505,000 after acquiring an additional 13,092 shares during the period. Finally, Rice Hall James & Associates LLC grew its holdings in LCI Industries by 2.7% during the 1st quarter. Rice Hall James & Associates LLC now owns 105,343 shares of the company’s stock valued at $12,955,000 after buying an additional 2,814 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

About LCI Industries

(Get Free Report)

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.

Further Reading

Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.