LCI Industries (NYSE:LCII – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.90, Briefing.com reports. LCI Industries had a return on equity of 4.70% and a net margin of 1.70%. The business had revenue of $968.00 million for the quarter, compared to the consensus estimate of $963.02 million. During the same quarter last year, the business posted $0.29 EPS. The business’s revenue was down .5% on a year-over-year basis.
LCI Industries Stock Up 1.3 %
Shares of NYSE:LCII traded up $1.42 on Thursday, reaching $112.62. The company had a trading volume of 91,051 shares, compared to its average volume of 227,680. LCI Industries has a twelve month low of $102.39 and a twelve month high of $137.07. The stock has a 50-day moving average price of $113.02 and a 200 day moving average price of $115.48. The stock has a market capitalization of $2.87 billion, a P/E ratio of 43.95 and a beta of 1.41. The company has a quick ratio of 0.88, a current ratio of 2.83 and a debt-to-equity ratio of 0.62.
LCI Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were given a $1.05 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.73%. LCI Industries’s dividend payout ratio is currently 166.01%.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on LCI Industries
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.
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