Lear Corporation (LEA)

NYSE: LEA · Real-Time Price · USD
93.56
+0.61 (0.66%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.66%
Market Cap 5.08B
Revenue (ttm) 23.43B
Net Income (ttm) 545.80M
Shares Out 54.34M
EPS (ttm) 9.50
PE Ratio 9.85
Forward PE 7.34
Dividend $3.08 (3.29%)
Ex-Dividend Date Sep 4, 2024
Volume 419,481
Open 92.32
Previous Close 92.95
Day's Range 92.14 - 93.89
52-Week Range 92.14 - 147.11
Beta 1.46
Analysts Buy
Price Target 142.54 (+52.35%)
Earnings Date Oct 24, 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, Lear Corporation'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 13 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $142.54, which is an increase of 52.35% from the latest price.

Price Target
$142.54
(52.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lear Corporation: Undervalued With Significant Upside Potential

Lear Corporation, an automotive technology company, is undervalued due to short-term market concerns, presenting a potential investment opportunity with 46 to 63% upside to fair value. Lear is a marke...

23 days ago - Seeking Alpha

Lear Corporation (LEA) Q3 2024 Earnings Call Transcript

Lear Corporation. (NYSE:LEA) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Execu...

27 days ago - Seeking Alpha

Lear Reports Third Quarter 2024 Results

SOUTHFIELD, Mich. , Oct. 24, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024.

4 weeks ago - PRNewsWire

Lear Announces Date for Third Quarter 2024 Earnings Conference Call

SOUTHFIELD, Mich. , Oct. 2, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's third quarter 2024 financial results and related matters on October 24, 2024, at 8...

7 weeks ago - PRNewsWire

Lear Corporation: From Overvalued To Undervalued - Now It's A Buy

Lear Corporation is fundamentally attractive, with an investment-grade credit rating, low debt, and a well-covered 2.8% dividend yield. The company operates in two segments, Seating and E-Systems, and...

2 months ago - Seeking Alpha

Lear to Participate in the Morgan Stanley 12th Annual Laguna Conference

SOUTHFIELD, Mich. , Aug. 29, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 11, 202...

2 months ago - PRNewsWire

Lear Wins Premium Car Category, Leads in Top 3 Finishes in J.D. Power Seat Quality and Satisfaction Study

SOUTHFIELD, Mich. , Aug. 26, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, collected eight top-three finishes – more than twice as ...

3 months ago - PRNewsWire

Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich. , Aug. 15, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...

3 months ago - PRNewsWire

Lear Appoints Former Leading Auto Analyst Rod Lache to Board of Directors

SOUTHFIELD, Mich. , Aug. 12, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Rod Lache, a distinguished former W...

3 months ago - PRNewsWire

Every Day, Striving for Better: Lear Publishes 2023 Sustainability Report

SOUTHFIELD, Mich. , July 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today released its 2023 Sustainability Report, outlining...

4 months ago - PRNewsWire

Lear Corporation (LEA) Q2 2024 Earnings Call Transcript

Lear Corporation (NYSE:LEA) Q2 2024 Earnings Call July 25, 2024 9:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Executive Officer Ja...

4 months ago - Seeking Alpha

Lear Reports Second Quarter 2024 Results

SOUTHFIELD, Mich., July 25, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2024.

4 months ago - PRNewsWire

Lear Completes Acquisition of WIP Industrial Automation

WIP provides automated solutions and AI-based technologies for complex industrial challenges SOUTHFIELD, Mich. , July 17, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technol...

4 months ago - PRNewsWire

Lear Announces Date for Second Quarter 2024 Earnings Conference Call

SOUTHFIELD, Mich. , June 26, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's second quarter 2024 financial results and related matters on July 25, 2024, at 9:...

5 months ago - PRNewsWire

Lear to Participate in the Deutsche Bank Global Auto Industry Conference

SOUTHFIELD, Mich. , May 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 11, 2024, at ...

6 months ago - PRNewsWire

Lear Corporation Announces Two Key Leadership Changes

SOUTHFIELD, Mich., May 20, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, effective May 16, made two key changes to its leadership t...

6 months ago - PRNewsWire

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.

7 months 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...

7 months 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...

7 months 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:...

8 months ago - PRNewsWire

Building A 4% Yielding Sleep Well At Night Retirement Portfolio With 16 Blue-Chip Stocks And ETFs

Building the right portfolio for your needs is essential to achieving your goals. With a great portfolio strategy, you can become confident in achieving your dreams. This article highlights the ZEUS p...

8 months ago - Seeking Alpha

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, ...

9 months ago - PRNewsWire

10 Blue-Chip Bargains That Could Potentially Boost Your Retirement Portfolio Yield

A long-term retirement portfolio strategy built around specific needs is critical to achieving financial security. The Zen Portfolio strategy combines ETFs with high-conviction stock ideas to boost re...

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9 months ago - Seeking Alpha

20 GARP Blue-Chip Bargains To Buy Now

Last week saw a rally in Nvidia stock, causing nervousness among value and income investors. There were opportunities to buy quality companies at good or even great valuations even during the tech bub...

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9 months ago - Seeking Alpha

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...

9 months ago - PRNewsWire