LSI Industries (LYTS) Scheduled to Post Quarterly Earnings on Thursday

LSI Industries (NASDAQ:LYTS) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

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

Shares of LSI Industries stock traded up $0.04 on Tuesday, hitting $16.63. 1,960 shares of the company’s stock were exchanged, compared to its average volume of 107,893. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.16 and a current ratio of 2.05. The stock has a market capitalization of $494.91 million, a PE ratio of 19.75 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 50-day simple moving average of $16.07 and a 200-day simple moving average of $15.46.

LSI Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 26th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Monday, August 26th. LSI Industries’s payout ratio is 23.81%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other LSI Industries news, CEO James Anthony Clark sold 33,331 shares of the business’s 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 owns 361,099 shares in the company, valued at approximately $5,261,212.43. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other LSI Industries news, CEO James Anthony Clark sold 33,331 shares of the 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 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 document filed with the SEC, which is accessible through this hyperlink. Also, VP Thomas A. Caneris sold 9,748 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $14.57, for a total value of $142,028.36. Following the sale, the vice president now directly owns 98,656 shares of the company’s stock, valued at approximately $1,437,417.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 51,903 shares of company stock valued at $756,227 over the last 90 days. Corporate insiders own 8.20% of the company’s stock.

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.