Lear Corporation (LEA)

NYSE: LEA · IEX Real-Time Price · USD
132.08
+0.37 (0.28%)
May 14, 2024, 4:00 PM EDT - Market closed
0.28%
Market Cap 7.50B
Revenue (ttm) 23.62B
Net Income (ttm) 538.50M
Shares Out 56.79M
EPS (ttm) 9.17
PE Ratio 14.40
Forward PE 8.48
Dividend $3.08 (2.33%)
Ex-Dividend Date Mar 7, 2024
Volume 367,442
Open 133.20
Previous Close 131.71
Day's Range 131.90 - 133.56
52-Week Range 120.48 - 157.91
Beta 1.56
Analysts Buy
Price Target 164.56 (+24.59%)
Earnings Date Apr 30, 2024

About LEA

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility ... [Read more]

Industry Auto Parts
Founded 1917
Employees 186,600
Stock Exchange NYSE
Ticker Symbol LEA
Full Company Profile

Financial Performance

In 2023, LEA's revenue was $23.47 billion, an increase of 12.33% compared to the previous year's $20.89 billion. Earnings were $572.50 million, an increase of 74.70%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $164.56, which is an increase of 24.59% from the latest price.

Price Target
$164.56
(24.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lear Reports First Quarter 2024 Results

SOUTHFIELD, Mich. , April 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2024.

14 days ago - PRNewsWire

Lear to Enhance Automation and Artificial Intelligence Capabilities Through Strategic Acquisition of WIP Industrial Automation

SOUTHFIELD, Mich. , April 29, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into a definitive a...

15 days ago - PRNewsWire

Lear Wins General Motors 2023 Supplier of the Year Award

Lear earns award for 23rd time in 32 years SOUTHFIELD, Mich. , April 18, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announ...

26 days ago - PRNewsWire

Lear Announces Date for First Quarter 2024 Earnings Conference Call

SOUTHFIELD, Mich., March 28, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's first quarter 2024 financial results and related matters on April 30, 2024, at 8:...

6 weeks ago - PRNewsWire

Lear to Participate in the Bank of America Securities 2024 Global Automotive Summit

SOUTHFIELD, Mich. , March 12, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on March 26, 2024, ...

2 months ago - PRNewsWire

Lear Increases Share Repurchase Authorization to $1.5 Billion and Declares Quarterly Cash Dividend of $0.77 Per Share

SOUTHFIELD, Mich. , Feb. 20, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has approved...

3 months ago - PRNewsWire

Lear to Participate in the Barclays 41st Annual Industrial Select Conference

SOUTHFIELD, Mich. , Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024,...

3 months ago - PRNewsWire

Lear Named One of FORTUNE'S 2024 Most Admired Companies

Lear earns honor for 8th consecutive year; improves in 2 survey categories SOUTHFIELD, Mich. , Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seati...

3 months ago - PRNewsWire

Lear's stock falls, as auto-parts maker reports an earnings miss

Shares of Lear Corp. were down 6.2% in premarket trading Tuesday after the auto-parts maker fell short of analysts' expectations in net income, despite posting increases in key metrics.

3 months ago - Market Watch

Lear Reports Fourth Quarter and Full Year Results and Provides Full Year 2024 Financial Outlook

SOUTHFIELD, Mich. , Feb. 6, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full ye...

3 months ago - PRNewsWire

Lear to Participate in the Wolfe Research Global Auto and Auto Tech Conference

SOUTHFIELD, Mich. , Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024...

3 months ago - PRNewsWire

Lear Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call

SOUTHFIELD, Mich. , Dec. 18, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's four...

5 months ago - PRNewsWire

Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

SOUTHFIELD, Mich. , Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023,...

6 months ago - PRNewsWire

Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich. , Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...

6 months ago - PRNewsWire

Lear Reports Third Quarter Results and Increases 2023 Financial Outlook

SOUTHFIELD, Mich. , Oct. 26, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2023 and in...

7 months ago - PRNewsWire

Lear Capital Releases George Washington Coins, First In ‘Shrine of Democracy' Series

LOS ANGELES--(BUSINESS WIRE)--An exciting and unique “Shrine of Democracy” gold and silver coin series issued by Lear Capital kicks off with the release of George Washington coins that celebrate the b...

7 months ago - Business Wire

Lear Announces Date for Third Quarter 2023 Earnings Conference Call

SOUTHFIELD, Mich. , Oct. 2, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's third...

8 months ago - PRNewsWire

UAW strikes threaten already vulnerable auto parts suppliers

In the face of prolonged strikes, some smaller suppliers are cutting workers or announcing plans to do so.

Other symbols: FGMSTLAADNTMGA
8 months ago - CNBC

Auto parts makers' stocks rally, as UAW's expanded strike provides a boost

Shares of auto parts makers traded mostly higher Friday, after the United Auto Workers union said it was expanding its strike to nearly 40 in-house auto-parts distribution centers of General Motors Co...

Other symbols: APTVGNTXMGA
8 months ago - Market Watch

UAW strike could affect auto-parts companies Lear, Magna the most: CFRA

Auto-parts suppliers Lear Corp. LEA, -4.29% and Magna International Inc. MGA, -4.02% are the companies with the “greatest counterparty exposure” to a possible UAW strike, Garrett Nelson at CFRA said i...

8 months ago - Market Watch

Lear to Participate in the Morgan Stanley 11th Annual Laguna Conference

SOUTHFIELD, Mich., Aug. 31, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 13, 2023...

9 months ago - PRNewsWire

Lear Wins 4 First-Place J.D. Power 2023 Awards, Leads in the Number of Top 3 Finishes

SOUTHFIELD, Mich. , Aug. 24, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, received four first-place J.D.

9 months ago - PRNewsWire

Lear Reports Improved Second Quarter 2023 Results

SOUTHFIELD, Mich. , Aug. 1, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2023.

10 months ago - PRNewsWire

Lear Capital Predicts: Silver Could Spike in 2023

LOS ANGELES--(BUSINESS WIRE)--Investors seeking options in the volatile commodities market would be wise to look to silver in 2023, as the value of the precious metal is predicted to remain bullish fo...

10 months ago - Business Wire

CVS, Phillips 66 and Lear Look Good on This Gauge

A good tool for spotting turnaround candidates is the price-sales ratio.

Other symbols: CVSPSX
10 months ago - GuruFocus