Lithia Motors, Inc. (LAD)

NYSE: LAD · IEX Real-Time Price · USD
235.85
+7.65 (3.35%)
Nov 29, 2022 4:00 PM EDT - Market closed
3.35%
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]

Industry Specialty Retail
IPO Date Dec 18, 1996
CEO Bryan DeBoer
Employees 21,150
Stock Exchange NYSE
Ticker Symbol LAD
Full Company Profile

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 Statements

Analyst 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.

Price Target
$318.58
(35.08% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

10 hours ago - PRNewsWire

3 Stocks Billionaires Bought Last Quarter

Top investors are taking advantage of the market dip to initiate new positions in these stocks.

Other symbols: TSMWCN
1 week ago - The Motley Fool

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...

1 week ago - PRNewsWire

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?

1 week ago - Zacks Investment Research

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.

Other symbols: ANCVNAGPIKMXPAGSAH
2 weeks ago - CNBC Television

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...

3 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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.

Other symbols: ABGANGPI
1 month ago - CNBC

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.

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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.

1 month ago - The Motley Fool

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?

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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.

1 month ago - PRNewsWire

Got $5,000? 3 Cheap Stocks to Buy Right Now

You don't need a Buffett-sized portfolio to become a value investor.

Other symbols: GSQCOM
1 month ago - The Motley Fool

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.

1 month ago - Zacks Investment Research

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.

1 month ago - PRNewsWire

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,...

Other symbols: AMATLRCX
1 month ago - GuruFocus

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.

1 month ago - PRNewsWire

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 ...

Other symbols: CIET
2 months ago - GuruFocus

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...

2 months ago - PRNewsWire

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.

2 months ago - Zacks Investment Research

Glenn Greenberg Is Going All In on This Subprime Lending Giant

Glenn Greenberg (Trades, Portfolio)'s Brave Warrior Advisors recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.

Other symbols: APOELVHCAOMFPGRURI
3 months ago - GuruFocus

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.

3 months ago - Zacks Investment Research