Lithia Motors, Inc. (LAD)

NYSE: LAD · Real-Time Price · USD
390.86
+8.36 (2.19%)
Nov 22, 2024, 4:00 PM EST - Market closed
2.19%
Market Cap 10.41B
Revenue (ttm) 34.69B
Net Income (ttm) 799.30M
Shares Out 26.64M
EPS (ttm) 29.30
PE Ratio 13.34
Forward PE 11.53
Dividend $2.12 (0.54%)
Ex-Dividend Date Nov 8, 2024
Volume 234,891
Open 385.66
Previous Close 382.50
Day's Range 383.62 - 391.02
52-Week Range 243.00 - 391.02
Beta 1.63
Analysts Buy
Price Target 361.38 (-7.54%)
Earnings Date Oct 23, 2024

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]

IPO Date Dec 18, 1996
Employees 27,446
Stock Exchange NYSE
Ticker Symbol LAD
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for LAD stock is "Buy." The 12-month stock price forecast is $361.38, which is a decrease of -7.54% from the latest price.

Price Target
$361.38
(-7.54% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks ago - Seeking Alpha

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 ...

4 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - PRNewsWire

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.

3 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - Business Wire

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 ...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

Other symbols: CHCTETDFIXGWWMETNEPPH
7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - Seeking Alpha

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...

7 months ago - PRNewsWire

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.

8 months ago - PRNewsWire

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...

8 months ago - Seeking Alpha

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...

9 months ago - PRNewsWire

Lithia Motors, Inc. (LAD) Q4 2023 Earnings Call Transcript

Lithia Motors, Inc. (LAD) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase

Announces Dividend of $0.50 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 14, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company histor...

10 months ago - PRNewsWire

Lithia Motors: Strong Growth At A Cheap Price

Lithia Motors is an integrated car retail company with multiple services and locations across the US, Canada, and the UK. This is a highly integrated business that sells many car-related products and ...

10 months ago - Seeking Alpha