LSI Industries (NASDAQ:LYTS) Issues Earnings Results

LSI Industries (NASDAQ:LYTS) posted its quarterly earnings data on Thursday. The construction company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02), Zacks reports. LSI Industries had a net margin of 4.88% and a return on equity of 11.71%.

LSI Industries Price Performance

LYTS opened at $23.22 on Thursday. The stock has a fifty day moving average of $19.74 and a 200-day moving average of $17.29. The company has a quick ratio of 1.19, a current ratio of 2.08 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $692.85 million, a P/E ratio of 27.91 and a beta of 0.93. LSI Industries has a 12-month low of $13.35 and a 12-month high of $21.50.

LSI Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Monday, November 18th. LSI Industries’s dividend payout ratio is presently 25.32%.

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.