LSI Industries (LYTS) to Release Quarterly Earnings on Thursday

LSI Industries (NASDAQ:LYTS) is scheduled to be releasing 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

LSI Industries (NASDAQ:LYTS) last posted its earnings results on Thursday, August 15th. The construction company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. LSI Industries had a net margin of 5.32% and a return on equity of 12.77%. The firm had revenue of $129.01 million for the quarter, compared to the consensus estimate 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 Up 0.2 %

Shares of NASDAQ:LYTS traded up $0.04 on Tuesday, reaching $16.63. The company had a trading volume of 1,960 shares, compared to its average volume of 107,893. The stock has a market capitalization of $494.91 million, a P/E ratio of 19.75 and a beta of 0.87. The stock has a 50-day moving average price of $16.07 and a 200 day moving average price of $15.46. LSI Industries has a twelve month low of $11.44 and a twelve month high of $17.33. The company has a quick ratio of 1.16, a current ratio of 2.05 and a debt-to-equity ratio of 0.25.

LSI Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 26th were issued a $0.05 dividend. The ex-dividend date was Monday, August 26th. This represents a $0.20 annualized dividend and a yield of 1.20%. LSI Industries’s dividend payout ratio (DPR) is currently 23.81%.

Insiders Place Their Bets

In other news, CFO James E. Galeese sold 8,824 shares of LSI Industries stock in a transaction on Monday, August 19th. The shares were sold at an average price of $14.57, for a total transaction of $128,565.68. Following the transaction, the chief financial officer now directly owns 145,631 shares of the company’s stock, valued at $2,121,843.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other LSI Industries news, CFO James E. Galeese sold 8,824 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 $128,565.68. Following the transaction, the chief financial officer now directly owns 145,631 shares in the company, valued at approximately $2,121,843.67. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO James Anthony Clark sold 33,331 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $14.57, for a total value of $485,632.67. Following the completion of the sale, the chief executive officer now 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 disclosure for this sale can be found here. In the last three months, insiders sold 51,903 shares of company stock valued at $756,227. 8.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

About LSI Industries

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.