In Class Book - Page 68 of 423 - Delighting Business Maniacs

February 16, 2023

Stocks rise after strong retail sales data

U.S. stocks capped a choppy session bigger Wednesday as traders pondered the outlook for interest prices right after economic knowledge confirmed sturdy customer paying out and an uptick in inflation across January.

All a few main averages climbed into beneficial territory into the closing 10 minutes of buying and selling subsequent declines for a great deal of the session. The S&P 500 (^GSPC) inched up .3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, while the Dow Jones Industrial Normal (^DJI) highly developed a modest .1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The technological know-how-hefty Nasdaq Composite (^IXIC) led the way up, attaining .9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Retail gross sales smashed estimates previous thirty day period, data from the Commerce Office confirmed, stoking worries that strong usage merged with a greater-than-expected examining on buyer charges Tuesday may possibly retain the Federal Reserve on a hawkish keep track of.

The govt explained retail profits rose 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, the biggest a person-month jump considering the fact that March 2021 and perfectly higher than Bloomberg estimates of 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

“Soon after a disappointing December, a soar in retail revenue show that the lasting inflation we have skilled isn’t keeping back the client,” Mike Loewengart, head of product portfolio building at Morgan Stanley’s Global Financial investment Business office, said in a be aware. “Anticipate some volatility in the in close proximity to-term as investors mull around the Fed’s up coming ways and what, if anything, could direct it to reduce costs in the calendar yr.”

On the company facet, traders ended up parsing by extra earnings stories this 7 days. Airbnb (ABNB) was in the highlight soon after the lodging business described document profits in the fourth quarter, notching its 1st successful calendar year in 2022. Executives also unveiled a greater-than-predicted forecast for the present-day quarter, citing robust submit-pandemic journey demand. Shares soared 13.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} Wednesday.

Tesla’s (TSLA) inventory sophisticated 2.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} soon after main government Elon Musk explained he programs to appoint a new CEO to Twitter, the social media system he acquired very last 12 months, by the conclude of the 12 months.

Separately, Bloomberg News noted Wednesday that the electric motor vehicle maker is envisioned to partly pause manufacturing at its China manufacturing unit for upgrades to the facility to make a refreshed model of its Product 3 car or truck.

Devon Power Corporation (DVN) shares plunged 10.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} immediately after the business said fourth-quarter income was dented by the effect of Wintertime Storm Elliot on its oil and gasoline wells.

NEW YORK, NEW YORK - FEBRUARY 14: People walk by the New York Stock Exchange (NYSE) on February 14, 2023 in New York City. The Dow was down in morning trading following news that the January consumer price index (CPI) report showed that inflation grew at a 6.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} annual rate, which was slightly higher than expected. (Photo by Spencer Platt/Getty Images) — NEW YORK, NEW YORK – FEBRUARY 14: Persons wander by the New York Inventory Trade (NYSE) on February 14, 2023 in New York City. (Photo by Spencer Platt/Getty Photographs)

In other regions of the market place, bond yields moved increased Wednesday, with the amount-delicate two-yr Treasury produce approaching the greatest stage considering that November, according to Bloomberg info. The U.S. dollar index also climbed versus other currencies.

Meanwhile, in commodities markets, oil ongoing to barrel lower as the dollar rose and U.S. stockpiles have been estimated to have grown. West Texas Intermediate (WTI) crude futures, the U.S. benchmark, fell all over 1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} Wednesday to trade in close proximity to $78.

The moves on Wednesday appear soon after a volatile earlier session that noticed all three major averages finish the working day all over flat immediately after January’s Shopper Price tag Index (CPI) came in each sizzling and chilly.

Adhering to the launch, various Fed officials indicated interest fees would will need to go greater. On Tuesday, Dallas Fed President Lorie Logan mentioned in remarks at Prairie View A&M University in Texas that the U.S. central bank “need to continue to be well prepared to go on price improves for a longer period of time than previously expected.”

CPI rose .5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 1st thirty day period of the 12 months, an acceleration from the prior month, and 6.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on an once-a-year basis, a small go lower from the prior year-about-yr print. Main CPI, which strips out the volatile food stuff and energy parts of the report, climbed .4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} above the prior thirty day period and 5.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} yr-around-calendar year, also better than forecast.

“There are a lot more and much more symptoms of the industry pricing the no landing scenario the place the economic system remains solid, and inflation continues to be sticky and persistent,” Apollo World wide Administration main economist Torsten Slok reported in a Wednesday observe, incorporating that a single-12 months breakeven inflation expectations are approaching 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, spurred bigger by strong January work knowledge and Tuesday’s CPI report.

“In response to this, the Fed will have to be extra hawkish to ensure that inflation expectations do not drift too significantly away from the FOMC’s 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} inflation concentrate on,” Slok additional.

—

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

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February 15, 2023

Revised Estimates Report confirms our Government’s strong financial management

15 February 2023&#13
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Michael Ferguson,&#13
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Treasurer
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The Rockliff Liberal Governing administration welcomes the release of the Revised Estimates Report 2022-23, which confirms the robust fiscal management below our Federal government.

Treasurer Michael Ferguson claimed when in contrast to the 2022-23 Price range introduced last calendar year, the Report shows a significant advancement in the Web Running Balance, the Fiscal Stability and GFS Web Financial debt.

“Across the Finances and Forward Estimates, the Internet Functioning Stability has improved by a complete of $497.6 million and the Fiscal Harmony has enhanced by a overall of $494.6 million, reflecting a range of earnings and expenditure adjustments,” the Treasurer stated.

“This includes added GST earnings of $1.9 billion – excess cash we are entitled to as a direct outcome of our hard perform because 2014 to increase our economic climate and build new positions. The 2021 Census noticed the final results of that get the job done, with a sizeable improve in Tasmania’s labour current market and population. This, jointly with raises in the Australian Government’s forecasts of the nationwide GST pool, merged with a optimistic residual adjustment for underpaid GST in the preceding yr has been mirrored in today’s income forecasts in the RER.

“GFS Web Financial debt is forecast to be $456.1 million lower than forecast as at 30 June 2023, and $1.4 billion lower by 30 June 2026.

“Infrastructure expense has been revised down, primarily reflecting the establishment of Houses Tasmania as a separate entity with the clear aim on providing the Government’s dedication to 10,000 social and affordable housing chances by 2032. That financial investment will nevertheless be documented outside the house of Basic Authorities Sector accounting.

“In revising our projected expenditure in occupation-building infrastructure, a $300 million provision has been made in 2025-26 to guidance potential jobs and provide ability to answer flexibly in our administration of the cash method.

“The RER also gives $50.9 million for added COVID-19 prices and $40.5 million for disaster assistance for flood influenced communities.

“The Tasmanian Liberal Authorities is supporting Tasmanians with modern spikes in wholesale electrical energy price ranges and has now supplied immediate support to Tasmanian vitality customers. That is why today’s RER consists of $26.3 million to recognise our extra Winter Bill Buster payment in 2022 as perfectly as the expanded Energy Saver Loan Plan.

“We have persistently stated that we are organized to do far more, with the obvious expectation that the Federal Government need to choose a lot more duty as section of any potential Point out guidance.

“To exhibit our continued dedication to additional guide Tasmanians, we have also set apart provision for $33 million towards our approximated contribution to the National Electricity Bill Aid program, which is at this time remaining negotiated with the Australian Govt.

“As Treasurer, my intention is to see Tasmanian family members and our small companies receive guidance as component of a legitimate national reaction, whilst ensuring that Tasmanian vitality shops carry on to offer among lowest electricity selling prices in Australia. We will continue on to keep the Australian Governing administration to its guarantee that charges will be $275 decrease each yr into the long run.

“The RER also confirms that Tasmania’s financial system is carrying out strongly, with potent progress in State Remaining Desire in the September 2022 quarter and development for the 2022-23 yr expected to be constant with the Funds forecast of 2¾ for every cent.

“Employment expansion is forecast to be more powerful than presented in the Spending budget dependent on the extremely beneficial functionality over the first 50 percent of this financial 12 months.

“These benefits are a immediate reflection of the solid economic and economic administration of the Rockliff Liberal Govt, as we go on to deliver on our apparent approach to strengthen Tasmania’s potential.

“Importantly, the results also set Tasmania in a sturdy place to climate forecasted potent financial headwinds as very well as make it possible for us to proceed to make strategic investments in value of dwelling reduction, well being, and housing for Tasmanians.”

More Media Releases from Michael Ferguson

More Media Releases from the Treasurer

February 15, 2023

Autohome Inc. (NYSE:ATHM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Autohome Inc. (NYSE:ATHM – Get Rating) have been assigned an normal score of “Maintain” from the nine analysts that are presently covering the business, MarketBeat stories. Four equities analysis analysts have rated the inventory with a hold recommendation and three have assigned a get suggestion to the company. The normal 1-12 months price tag focus on amongst brokers that have up-to-date their coverage on the stock in the past year is $43.58.

→ Custom-style and design an Alternatives Strategy to Healthy Your Current market Outlook (From RJO Futures)

A amount of analysts have weighed in on ATHM shares. JPMorgan Chase & Co. started coverage on shares of Autohome in a exploration report on Monday, January 30th. They issued a “neutral” score on the stock. Jefferies Financial Team slice their target rate on shares of Autohome from $56.00 to $49.00 in a investigate report on Monday, Oct 24th. StockNews.com reduced shares of Autohome from a “acquire” score to a “maintain” ranking in a research report on Wednesday, February 8th. Ultimately, Daiwa Funds Markets minimize their focus on rate on shares of Autohome from $46.00 to $43.00 in a investigation report on Wednesday, October 26th.

Hedge Money Weigh In On Autohome

Hedge money have not too long ago modified their holdings of the small business. Desjardins World-wide Asset Management Inc. purchased a new placement in Autohome during the next quarter worth $46,000. Wipfli Economical Advisors LLC acquired a new place in Autohome throughout the 3rd quarter worth $47,000. FMR LLC raised its stake in Autohome by 169.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the next quarter. FMR LLC now owns 1,770 shares of the details providers provider’s inventory worth $70,000 just after acquiring an supplemental 1,113 shares all through the previous quarter. Quadrant Funds Group LLC lifted its stake in Autohome by 93.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Quadrant Money Group LLC now owns 3,593 shares of the info services provider’s inventory really worth $103,000 immediately after acquiring an extra 1,731 shares through the final quarter. Last but not least, PNC Economic Solutions Team Inc. lifted its stake in Autohome by 344.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the fourth quarter. PNC Financial Providers Team Inc. now owns 3,602 shares of the details services provider’s stock value $110,000 immediately after obtaining an additional 2,791 shares in the course of the last quarter. Institutional traders and hedge resources very own 47.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s inventory.

Autohome Rate Functionality

Shares of NYSE:ATHM opened at $35.95 on Tuesday. The firm’s 50 working day uncomplicated going regular is $34.06 and its 200 day simple shifting typical is $32.48. The stock has a industry capitalization of $4.51 billion, a price-to-earnings ratio of 20.43 and a beta of .17. Autohome has a 1 yr small of $20.49 and a 1 12 months superior of $40.89.

Autohome Business Profile

(Get Score)

Autohome, Inc is a holding company, which engages in the growth, operation, and servicing of mobile apps and auto internet websites. It delivers applied cars and new car or truck vendor listings. The agency presents professionally created and consumer-created information, a in depth vehicle library and considerable car listing info to auto shoppers, covering the full car or truck buy and ownership cycle.

Showcased Stories

This immediate news warn was produced by narrative science technology and economical data from MarketBeat in purchase to offer viewers with the speediest and most exact reporting. This tale was reviewed by MarketBeat’s editorial team prior to publication. Be sure to ship any inquiries or feedback about this story to get in touch with@marketbeat.com.

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Perspective The 5 Shares In this article

February 15, 2023

Stocks close mixed after CPI shows inflation picked up

U.S. stocks completed combined in back-and-forth investing Tuesday afternoon as Wall Road weighed the implications of hotter-than-envisioned January inflation facts on the route forward for interest fees.

The S&P 500 (^GSPC) concluded just below the flatline, even though the Dow Jones Industrial Typical (^DJI) lose about 150 details, or .4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The technologies-hefty Nasdaq Composite (^IXIC) rose .6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. All 3 averages pared even larger losses from early in the session. Treasury yields rose, with the benchmark 10-12 months take note climbing around 4 foundation factors to about 3.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The January Client Price Index (CPI) launched by the Bureau of Labor Stats Tuesday morning showed prices rose .5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the initial thirty day period of the calendar year, and 6.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on an yearly foundation, much more than economists predicted.

Core CPI, which strips out the unstable food and electricity factors of the report, climbed .4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} around the prior month and 5.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} 12 months-around-12 months, also bigger than forecast.

Bloomberg consensus estimates known as for a 6.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} increase in CPI over the calendar year and leap .5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} thirty day period-more than-thirty day period. New seasonal changes released by the BLS on Friday also switched December’s preliminary examining of a .1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} regular monthly drop in headline inflation to an maximize of .1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the year’s last thirty day period. Forecasts identified as for a 5.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} yearly boost and .4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} month to month rise in the main CPI studying.

“Though there have been no key surprises in today’s CPI looking through, it is a reminder that though inflation has peaked it could be a although before we see it average to usual amounts,” Morgan Stanley International Expenditure Office environment head of product portfolio construction Mike Loewengart reported in a observe.

“The problem stays if inflation will be equipped to drop to the Fed’s focus on ranges with the labor current market as limited as it presently is,” Loewengart included. “That could be the recipe for a soft landing, but it stays to be noticed when the Fed will shift away from rate hikes and if the labor industry will eliminate its resiliency.”

“If you appear at the 12-thirty day period modify, we observed some rather hefty inflation. It is really down substantially from the peak, and we’ll in all probability see inflation keep on to moderate as the calendar year goes on. But even by year-finish, optimistically, inflation is continue to heading to be up 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, probably 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from a 12 months and a fifty percent ago,” Cumberland Advisors main U.S. economist David W. Berson informed Yahoo Finance Reside Monday.

“My guess is the Fed will not simplicity this calendar year — it might not tighten substantially far more, we might see Fed funds at the peak go a very little previously mentioned 5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} — but which is very distinctive from an expectation that by yr-close the Fed will simplicity.”

EY-Parthenon Main Economist Gregory Daco deemed the Federal Reserve’s “extraordinary” info dependence a a “risky method in a very unstable world macroeconomic setting.”

“By devolving regulate of the narrative, the Fed exposes by itself to opportunity abrupt pivots in current market sentiment dependent on the move of economic data, which has been and will probable continue to be particularly volatile,” Daco stated in an emailed note.

A trader works on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, U.S., February 1, 2023. REUTERS/Andrew Kelly — A trader works on the floor of the New York Inventory Trade (NYSE) in New York Town, U.S., February 1, 2023. REUTERS/Andrew Kelly

Back again on the company side, shares of Palantir Technologies (PLTR) surged 21{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} just after the Peter Thiel-started information company documented its to start with-at any time lucrative quarter and stated it expects 2023 to be its to start with successful year.

Avis Funds Group’s (Car) stock innovative 10.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} soon after the automobile-rental organization unveiled quarterly effects after the closing bell Monday that conquer Wall Street estimates.

Tesla (TSLA) amplified the price tag of its Design Y efficiency crossover by $1,000 to $58,990, while cutting the price of the Product 3 sedan by $500 to $42,990, Reuters pointed out based on updates on the company’s website. This marks the fourth value improve in two months. Shares rose 7.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} following Tesla logged its most significant two-day drop in more than a thirty day period on Monday, falling 6.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} throughout the earlier two buying and selling periods.

—

Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc

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February 15, 2023

Global Liquidity Drain Is Coming for Markets, Citi’s King Says

(Bloomberg) — Dangerous assets might be in difficulty now that 1-off liquidity injections from world central banking institutions that have been fueling a market rally in current months have come to an conclusion, according to Citi strategist Matt King.

Systematic Financial Management Increases Position in LSI Industries (LYTS)

Fintel reports that Systematic Financial Management
has filed a 13G form
with the SEC disclosing ownership of
2.16MM
shares of LSI Industries, Inc. (LYTS).

This represents 7.77{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company.

In their previous filing dated February 10, 2022
they reported 2.04MM shares and 7.68{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company,
an increase in shares of 5.59{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}
and
an increase in total ownership of
0.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} (calculated as current – previous percent ownership).

Analyst Price Forecast Suggests 32.62{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} Upside

As of February 12, 2023,
the average one-year price target for LSI Industries is $18.70.
The forecasts range from a low of $16.16 to a high of $21.00.
The average price target represents an increase of 32.62{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from its latest reported closing price of $14.10.

The projected annual revenue for LSI Industries
is $499MM, an increase of 1.09{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The projected annual EPS
is $0.84, an increase of 8.37{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

What is the Fund Sentiment?

There are 161 funds or institutions reporting positions in LSI Industries.

This is an increase
of
6
owner(s) or 3.87{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the last quarter.

Average portfolio weight of all funds dedicated to LYTS is 0.22{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996},
an increase
of 22.17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Total shares owned by institutions increased
in the last three months by 3.42{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to 21,885K shares.

The put/call ratio of LYTS is 0.25, indicating a

bullish
outlook.

What are large shareholders doing?

WealthTrust Axiom
holds 1,029K shares

representing 3.78{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} ownership of the company.

In it’s prior filing, the firm reported owning 1,022K shares, representing
an increase
of 0.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The firm

increased

its portfolio allocation in LYTS by 46.78{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last quarter.

Archon Capital Management
holds 899K shares

representing 3.31{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} ownership of the company.

In it’s prior filing, the firm reported owning 884K shares, representing
an increase
of 1.74{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The firm

decreased

its portfolio allocation in LYTS by 1.51{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last quarter.

Royce & Associates
holds 868K shares

representing 3.19{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} ownership of the company.

In it’s prior filing, the firm reported owning 968K shares, representing
a decrease
of 11.53{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The firm

increased

its portfolio allocation in LYTS by 31.90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last quarter.

Renaissance Technologies
holds 847K shares

representing 3.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} ownership of the company.

In it’s prior filing, the firm reported owning 924K shares, representing
a decrease
of 9.02{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The firm

increased

its portfolio allocation in LYTS by 36.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last quarter.

Kennedy Capital Management
holds 807K shares

representing 2.96{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} ownership of the company.

In it’s prior filing, the firm reported owning 808K shares, representing
a decrease
of 0.19{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The firm

increased

its portfolio allocation in LYTS by 30.67{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last quarter.

LSI Industries Declares $0.05 Dividend

On January 26, 2023 the company declared a regular
quarterly dividend of $0.05 per share ($0.20 annualized).
Shareholders of record as of February 3, 2023
will receive the payment on February 14, 2023.
Previously, the company paid $0.05 per share.

At the current share price of $14.10 / share,
the stock’s dividend yield is 1.42{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Looking back five years and taking a sample every week, the average dividend yield has been
3.47{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996},
the lowest has been 1.41{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996},
and the highest has been 7.69{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.
The standard deviation of yields is 1.29 (n=237).

The current dividend yield is
1.60 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 0.25.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

LSI Industries Background Information
(This description is provided by the company.)

Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions. The Company’s strength in outdoor lighting applications creates opportunities for it to introduce additional solutions to its valued customers. LSI’s indoor and outdoor products and services, including its digital and print graphics capabilities, are valued by architects, engineers, distributors and contractors for their quality, reliability and innovation. The Company’s products are used extensively in automotive dealerships, petroleum stations, quick service restaurants, grocery stores and pharmacies, retail establishments, sports complexes, parking lots and garages, and commercial and industrial buildings. LSI has approximately 1,100 employees at seven manufacturing plants in the United States, including its corporate headquarters.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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