LSI Industries (LYTS) Scheduled to Post Earnings on Thursday

LSI Industries (NASDAQ:LYTS) will release its earnings data before the market opens on Thursday, November 7th. Analysts expect LSI Industries to post earnings of $0.20 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings data on Thursday, August 15th. The construction company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.01. LSI Industries had a net margin of 5.32% and a return on equity of 12.77%. The business had revenue of $129.01 million during the quarter, compared to analysts’ expectations of $127.28 million. 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 Stock Performance

NASDAQ:LYTS opened at $16.49 on Thursday. The firm has a market capitalization of $480.35 million, a PE ratio of 17.73 and a beta of 0.87. LSI Industries has a 1 year low of $11.44 and a 1 year high of $17.33. The company has a current ratio of 2.05, a quick ratio of 1.16 and a debt-to-equity ratio of 0.25. The firm’s fifty day simple moving average is $15.95 and its 200 day simple moving average is $15.39.

LSI Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 26th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Monday, August 26th. LSI Industries’s dividend payout ratio is currently 21.51%.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $20.00 price objective on shares of LSI Industries in a research report on Friday, August 16th.

Insider Activity

In related news, CEO James Anthony Clark sold 33,331 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $14.57, for a total transaction of $485,632.67. Following the transaction, the chief executive officer now owns 361,099 shares of the company’s stock, valued at approximately $5,261,212.43. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO James Anthony Clark sold 33,331 shares of LSI Industries stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $14.57, for a total transaction of $485,632.67. Following the sale, the chief executive officer now directly owns 361,099 shares of the company’s stock, valued at $5,261,212.43. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James E. Galeese sold 8,824 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $14.57, for a total value of $128,565.68. Following the transaction, the chief financial officer now owns 145,631 shares in the company, valued at $2,121,843.67. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 51,903 shares of company stock valued at $756,227. 7.30% of the stock is owned by company insiders.

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.