Analysts Adjust Ratings for LSI Industries Amid Dividend Announcement

Recent evaluations by multiple analysts have prompted significant changes in the ratings and price targets for LSI Industries (NASDAQ: LYTS). Notably, on November 17, 2025, analysts at Weiss Ratings reaffirmed their “hold (C+)” rating for the company. This decision followed a downgrade by Wall Street Zen on November 15, 2025, which changed its rating from “strong-buy” to “buy.”

In the preceding weeks, LSI Industries experienced a series of rating adjustments, including a downgrade by Weiss Ratings on November 10, 2025, from “buy (B-)” to “hold (C+).” Earlier, on November 4, 2025, the company was upgraded from “strong sell” to “hold” by Zacks Research. These fluctuations illustrate a volatile period for LSI Industries, reflecting changing investor sentiment and market conditions.

Dividend Declaration and Insider Transactions

In conjunction with these rating changes, LSI Industries announced a quarterly dividend of $0.05 per share, payable on November 25, 2025. Shareholders of record as of November 17, 2025, will receive this dividend, which translates to an annualized dividend of $0.20 and a yield of 1.1%. The ex-dividend date is set for November 17, 2025, with a payout ratio currently at 25.00%.

Additionally, insider trading activity has been notable. On September 8, 2025, James E. Galeese, the Chief Financial Officer, sold 54,575 shares at an average price of $23.29, amounting to a total of $1,271,051.75. Following this transaction, Galeese holds 173,288 shares, valued at approximately $4,035,877.52, reflecting a 23.95% reduction in ownership.

Furthermore, CEO James Anthony Clark sold 26,597 shares on August 27, 2025, at an average price of $23.08, resulting in a total of $613,858.76. Clark’s remaining ownership now stands at 421,313 shares, valued at around $9,723,904.04, indicating a 5.94% decrease in his stake. Over the last quarter, insiders collectively sold 94,780 shares worth $2,198,983, with insiders currently owning 7.30% of the company’s stock.

LSI Industries Inc operates in the non-residential lighting and retail display solutions sector across the United States, Canada, Mexico, and Latin America. The company is divided into two segments: Lighting and Display Solutions. The Lighting segment specializes in manufacturing, marketing, and selling outdoor and indoor lighting fixture and control solutions tailored for commercial and industrial markets.