LSI Industries (LYTS) Scheduled to Post Earnings on Thursday

LSI Industries (NASDAQ:LYTS) is set to issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings results on Thursday, January 25th. The construction company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.13. The company had revenue of $109.01 million for the quarter, compared to analyst estimates of $107.70 million. LSI Industries had a net margin of 5.71% and a return on equity of 14.91%. On average, analysts expect LSI Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LSI Industries Price Performance

Shares of NASDAQ:LYTS opened at $13.97 on Thursday. The firm has a market cap of $406.11 million, a PE ratio of 15.35 and a beta of 0.85. The firm’s fifty day moving average is $14.51 and its 200-day moving average is $14.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.24 and a current ratio of 2.16. LSI Industries has a 52 week low of $11.44 and a 52 week high of $16.97.

LSI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Monday, February 5th were issued a dividend of $0.05 per share. The ex-dividend date was Friday, February 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.43%. LSI Industries’s dividend payout ratio (DPR) is presently 21.98%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of LSI Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 3rd.

Hedge Funds Weigh In On LSI Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the company. American International Group Inc. lifted its holdings in LSI Industries by 6.7% in the fourth quarter. American International Group Inc. now owns 13,930 shares of the construction company’s stock valued at $196,000 after buying an additional 870 shares during the period. Victory Capital Management Inc. increased its stake in LSI Industries by 10.2% in the fourth quarter. Victory Capital Management Inc. now owns 11,457 shares of the construction company’s stock valued at $140,000 after purchasing an additional 1,062 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of LSI Industries by 0.6% during the 1st quarter. Bank of New York Mellon Corp now owns 225,597 shares of the construction company’s stock worth $3,143,000 after purchasing an additional 1,242 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of LSI Industries by 6.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 21,777 shares of the construction company’s stock worth $307,000 after purchasing an additional 1,386 shares in the last quarter. Finally, EAM Investors LLC boosted its position in shares of LSI Industries by 0.6% during the 4th quarter. EAM Investors LLC now owns 227,017 shares of the construction company’s stock worth $2,779,000 after purchasing an additional 1,446 shares in the last quarter. Institutional investors and hedge funds own 73.91% of the company’s stock.

LSI Industries Company Profile

LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.