Lennox International (NYSE:LII - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $5.91 per share for the quarter. Lennox International has set its FY 2024 guidance at 19.500-20.250 EPS and its FY24 guidance at $19.50-20.25 EPS.Investors that wish to register for the company's conference call can do so using this link.
Lennox International (NYSE:LII - Get Free Report) last posted its earnings results on Wednesday, July 24th. The construction company reported $6.83 earnings per share for the quarter, topping the consensus estimate of $6.55 by $0.28. The firm had revenue of $1.45 billion during the quarter, compared to analysts' expectations of $1.48 billion. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The firm's revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.15 earnings per share. On average, analysts expect Lennox International to post $20 EPS for the current fiscal year and $23 EPS for the next fiscal year.
Shares of Lennox International stock opened at $595.15 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.60 and a debt-to-equity ratio of 1.95. Lennox International has a 52 week low of $334.53 and a 52 week high of $627.09. The firm's 50 day moving average is $585.96 and its two-hundred day moving average is $537.42. The firm has a market capitalization of $21.20 billion, a P/E ratio of 34.48, a P/E/G ratio of 1.89 and a beta of 1.07.
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Monday, September 30th. Lennox International's dividend payout ratio (DPR) is currently 26.65%.
In other news, Director Sherry Buck sold 500 shares of the company's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $583.47, for a total transaction of $291,735.00. Following the completion of the sale, the director now directly owns 2,193 shares of the company's stock, valued at $1,279,549.71. This 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 at the SEC website. In other Lennox International news, CAO Chris Kosel sold 1,744 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $573.79, for a total transaction of $1,000,689.76. Following the transaction, the chief accounting officer now directly owns 1,646 shares of the company's stock, valued at $944,458.34. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sherry Buck sold 500 shares of Lennox International stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $583.47, for a total transaction of $291,735.00. Following the completion of the transaction, the director now directly owns 2,193 shares in the company, valued at approximately $1,279,549.71. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,052 shares of company stock worth $7,563,793 over the last 90 days. 10.40% of the stock is currently owned by company insiders.
Several research analysts recently issued reports on the stock. TD Cowen increased their price target on shares of Lennox International from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Friday, June 21st. Robert W. Baird boosted their price objective on shares of Lennox International from $505.00 to $610.00 and gave the company a "neutral" rating in a research note on Monday, July 15th. Stephens reissued an "overweight" rating and issued a $675.00 price objective on shares of Lennox International in a research report on Thursday, July 25th. KeyCorp cut Lennox International from an "overweight" rating to a "sector weight" rating in a research note on Tuesday. Finally, Wells Fargo & Company boosted their target price on shares of Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a research note on Monday, October 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $560.83.
Read Our Latest Stock Report on LII
Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.
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