Lithia Motors, Inc. (LAD)
Market Cap | 9.56B |
Revenue (ttm) | 34.69B |
Net Income (ttm) | 799.30M |
Shares Out | 26.64M |
EPS (ttm) | 29.30 |
PE Ratio | 12.24 |
Forward PE | 10.57 |
Dividend | $2.12 (0.59%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 112,895 |
Open | 360.65 |
Previous Close | 359.98 |
Day's Range | 354.27 - 360.65 |
52-Week Range | 243.00 - 405.68 |
Beta | 1.66 |
Analysts | Buy |
Price Target | 361.38 (+0.72%) |
Earnings Date | Feb 12, 2025 |
About LAD
Lithia Motors, Inc. operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company’s Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles. The company sells its products and services through the Driveway and Greencars brand names through a network of locations, e-commerce platforms, and... [Read more]
Financial Performance
In 2023, Lithia Motors's revenue was $31.04 billion, an increase of 10.13% compared to the previous year's $28.19 billion. Earnings were $1.00 billion, a decrease of -20.00%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for LAD stock is "Buy." The 12-month stock price forecast is $361.38, which is an increase of 0.72% from the latest price.
News
Performance Brokerage Services Represents Lithia & Driveway (LAD) on the Sale of North Branch Chevrolet in Minnesota
Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of North Branch Chevrolet in Minnesota from Lithia & Driveway (LAD) to Tyler Kadlec of Tom Kadlec Automot...
Buoyed by Trump, U.S. dealers are optimistic on everything except electric vehicles sales
Cox Automotive reports there's a "renewed optimism" among U.S. car dealers heading into 2025, fueled by Donald Trump's election as well as positive trends in interest rates. But dealers aren't feeling...
Performance Brokerage Services Represents Lithia & Driveway (LAD) on the Sale of Carson Nissan in California
Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Carson Nissan in California from Lithia & Driveway (LAD) to David Massoudi of Mass Auto Group. IRVINE,...
Lithia Motors, Inc. (LAD) Q3 2024 Earnings Call Transcript
Lithia Motors, Inc. (NYSE:LAD) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations Bryan DeBoer - President and C...
Lithia & Driveway (LAD) Reports Record Third Quarter Revenue of $9.2 billion, an 11% Increase
Announces Dividend of $0.53 per Share for Third Quarter MEDFORD, Ore. , Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue in company history ...
Lithia & Driveway (LAD) Schedules Release of Third Quarter 2024 Results
MEDFORD, Ore. , Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024.
Lithia Motors: Dividend Appears Borderline Safe With Moderate Risk
Lithia & Driveway, an American automotive dealership group, is now an $8 billion (by market cap) car dealership retailer. The company has increased its dividend for 15 consecutive years, with a 10-yea...
LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN FLORIDA MARKET
MEDFORD, Ore. , Sept. 10, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has continued to expand its footprint in the highly profitable U.S. Southeast Region with the purchase o...
Lithia Motors To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Lithia Motors: Short Term Troubles But Long Term Still Looks Promising
Lithia Motors reported better than expected quarterly results with revenue growth of 13.8% and non-GAAP EPS of $7.87. Weaknesses in same store data showed declines in new and used vehicle revenues, fi...
Lithia Motors, Inc. (LAD) Q2 2024 Earnings Call Transcript
Lithia Motors, Inc. (NYSE:LAD) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Jardon Jaramillo – Senior Director, Investor Relations Bryan DeBoer – President and Chi...
Lithia & Driveway Elevates Adam Chamberlain to Chief Operating Officer
MEDFORD, Ore. , Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), a leader in automotive retail, has realigned organizational leadership to more efficiently realize operational potential and...
Lithia & Driveway (LAD) Reports Record Second Quarter Revenue of $9.2 billion, a 14% Increase, and the First Profitable Quarter for Financing Operations
Announces Dividend of $0.53 per Share for Second Quarter MEDFORD, Ore. , Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company history...
Lithia & Driveway (LAD) Schedules Release of Second Quarter 2024 Results
MEDFORD, Ore. , July 16, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its second quarter 2024 earnings will be released before the market opens on Thursday, August 1, 2024.
Marubeni Corporation and Lithia & Driveway Make a Strategic Investment in Wheels, Partnering with Apollo Funds
DES PLAINES, Illinois and TOKYO and MEDFORD, Ore. and NEW YORK , June 27, 2024 /PRNewswire/ -- Wheels, a leading fleet management company in North America, announced that it received a significant min...
Kerrigan Advisors Represents Sunrise Auto Group in Sale of Two Memphis Dealerships to Lithia Motors
MEMPHIS, Tenn.--(BUSINESS WIRE)-- #autoindustry--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Memphis, Tennessee-based Sunrise Auto Grou...
LITHIA & DRIVEWAY EXPANDS RETAIL NETWORK IN US SOUTHEAST REGION
MEDFORD, Ore. , June 11, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has expanded its footprint in the U.S. Southeast Region with the purchase of Sunrise Chevrolet Buick GMC ...
Lithia & Driveway Increases Share Repurchase Authorization
MEDFORD, Ore. , June 4, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today a $350 million increase to its share repurchase authorization by its Board of Directors, bringing total funds...
11 Upcoming Dividend Increases Including 2 Kings
Parker-Hannifin and W.W. Grainger extend their impressive dividend streaks with double-digit increases. The article provides a list of top-performing stocks with a consistent dividend growth history f...
Lithia Motors: Despite Short-Term Troubles, Long-Term Story Remains Intact
Lithia Motors disappointed investors with lower-than-expected net income and a slight beat in revenues for the last quarter. Net income declined by 29% despite a 23% increase in revenues, indicating r...
Lithia Motors, Inc. (LAD) Q1 2024 Earnings Call Transcript
Lithia Motors, Inc. (NYSE:LAD) Q1 2024 Earnings Call Transcript April 24, 2024 10:00 AM ET Company Participants Amit Marwaha - Director of IR Bryan DeBoer - President and CEO Chris Holzshu - EVP and ...
Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase
Announces Dividend of $0.53 per Share for First Quarter MEDFORD, Ore. , April 24, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue in company history...
Lithia & Driveway (LAD) Schedules Release of First Quarter 2024 Results
MEDFORD, Ore. , April 9, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2024 earnings will be released before the market opens on Wednesday, April 24, 2024.
22 Q1 Attractive All-Star Dogs From AAII And Barron's
March 2024 AAII Journal, screens, and a Barron's reporters combined to list two sets of stocks herewith called: “AAII/Barron's All-Stars Q1/24”. The AII article was titled 'Stock Screen All-Stars', an...
Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group
MEDFORD, Ore. , Feb. 27, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have purchased Carousel Motor Group, growing their footprint in one of the largest markets in the North...