Lithia Motors, Inc. (LAD)
| Market Cap | 6.24B |
| Revenue (ttm) | 27.55B |
| Net Income (ttm) | 1.29B |
| Shares Out | 27.50M |
| EPS (ttm) | 44.73 |
| PE Ratio | 5.27 |
| Forward PE | 5.62 |
| Dividend | $1.61 (0.68%) |
| Ex-Dividend Date | Nov 9, 2022 |
| Volume | 338,223 |
| Open | 229.77 |
| Previous Close | 228.2 |
| Day's Range | 227.95 - 237.57 |
| 52-Week Range | 180 - 349.61 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 318.58 (+35.1%) |
| Earnings Date | Oct 19, 2022 |
About LAD
Lithia Motors, Inc. operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Luxury. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells vehicle body and parts under the Driveway and GreenCars brand names. As of February 18, 2022, the company operated through 278 stores. It also offers its products online through 300 websites. Lith... [Read more]
Financial Performance
In 2021, Lithia Motors's revenue was $22.83 billion, an increase of 73.97% compared to the previous year's $13.12 billion. Earnings were $1.06 billion, an increase of 125.41%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for LAD stock is "Buy." The 12-month stock price forecast is 318.58, which is an increase of 35.08% from the latest price.
News
Lithia & Driveway (LAD) Expands in Texas, Adding over $200 Million in Annualized Revenue
MEDFORD, Ore. , Nov. 29, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their footprint in Texas with the purchase of Meador Chrysler, Dodge, Jeep, Ram (CDJR), the...
3 Stocks Billionaires Bought Last Quarter
Top investors are taking advantage of the market dip to initiate new positions in these stocks.
LITHIA & DRIVEWAY NAMES NEW REGIONAL PRESIDENT
MEDFORD, Ore. , Nov. 22, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), America's largest automotive new car retailer, has added to its executive team, appointing Adam Chamberlain as Regional Presi...
Why Is Lithia Motors (LAD) Up 28.2% Since Last Earnings Report?
Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?
Used auto prices down 2.4% since last month
CNBC's Phil LeBeau joins 'The Exchange' to discuss the decline in used car prices, gains automotive dealership stocks are experiencing and signs in the automotive industry that inflation is declining.
Lithia & Driveway Celebrates Grand Opening of Its Driveway Store in Portland Tonight
Oregon-based automotive group with 75+ years of consumer focus, opens their first one-price store model in Portland MEDFORD, Ore. , Nov. 2, 2022 /PRNewswire/ -- Lithia & Driveway's (NYSE: LAD) convenien...
Lithia & Driveway (LAD) Increases Share Repurchase Authorization by $450 Million
MEDFORD, Ore. , Nov. 1, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today an increase of $450 million to its share repurchase authorization by its Board of Directors, bringing total fund...
Auto dealer stocks rally despite Wall Street's 'demand destruction' theory
Shares of AutoNation, Group 1 and other auto dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand.
Lithia's (LAD) Q3 Earnings Miss, SG&A Expenses & Debt Rise
Lithia (LAD) lags earnings and sales estimates in the third quarter of 2022. Nonetheless, revenues increase year over year.
Lithia & Driveway (LAD) Enters North American Luxury Recreation Vehicle Market with the Addition of Airstream Adventu...
Airstream Adventures adds new, high-value customers to LAD's portfolio of businesses LAD, the largest new automotive retailer in the U.S. with nationwide coverage, can now combine its innovative and tec...
This Under-the-Radar Value Stock Also Boasts Tremendous Growth
The auto dealership has posted incredible earnings growth -- and it could just be getting warmed up.
Lithia Motors (LAD) Q3 Earnings and Revenues Lag Estimates
Lithia Motors (LAD) delivered earnings and revenue surprises of -6.97% and 0.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Lithia & Driveway (LAD) Increases Revenue 18%; Reports Diluted EPS of $11.92 and Shares Outstanding Reduced by 10%
Announces Dividend of $0.42 per Share for Third Quarter MEDFORD, Ore. , Oct. 19, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue and earnings per shar...
Is a Disappointment in Store for Lithia's (LAD) Q3 Earnings?
The Zacks Consensus Estimate for Lithia's (LAD) Q3 earnings per share and revenues is pegged at $11.91 and $7.45 billion, respectively.
LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT AND CHIEF PEOPLE OFFICER
MEDFORD, Ore. , Oct. 18, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today that Gary Glandon has been named Senior Vice President and Chief People Officer.
Got $5,000? 3 Cheap Stocks to Buy Right Now
You don't need a Buffett-sized portfolio to become a value investor.
Lithia Motors (LAD) Reports Next Week: Wall Street Expects Earnings Growth
Lithia Motors (LAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lithia & Driveway (LAD) Schedules Release of Third Quarter 2022 Results
MEDFORD, Ore. , Oct. 10, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2022 earnings will be released before the market opens on Wednesday, October 19, 2022.
Bridgewater's Top 3 Undervalued Growth Stocks
In a disappointing year for stock markets around the world, few hedge funds can say they are doing well. Yet Bridgewater Associates, the investment firm founded by Ray Dalio (Trades, Portfolio) in 1975,...
LAZYDAYS ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION
TAMPA, Fla. , Oct. 5, 2022 /PRNewswire/ -- Lazydays Holdings, Inc. (NasdaqCM: LAZY), today announced that Nick Tomashot will retire as Chief Financial Officer.
Leon Cooperman Is Finding Attractively Priced Opportunities
In an interview with Becky Quick on CNBC's “Squawk Box” on Tuesday morning, legendary investor Leon Cooperman (Trades, Portfolio) shared his market outlook and discussed the criteria he is prioritizing ...
Lithia & Driveway (LAD) Expands in North Central Region, Completes Second Driveway Finance ABS Offering, and Debuts N...
MEDFORD, Ore. , Sept. 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today they have expanded their north central footprint with the purchase of five stores from the Wilde Automotive G...
Why Lithia Motors (LAD) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here is What to Know Beyond Why Lithia Motors, Inc. (LAD) is a Trending Stock
Zacks.com users have recently been watching Lithia Motors (LAD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.