Lear Corporation (LEA)
Market Cap | 7.48B |
Revenue (ttm) | 23.47B |
Net Income (ttm) | 572.50M |
Shares Out | 57.03M |
EPS (ttm) | 9.68 |
PE Ratio | 13.55 |
Forward PE | 9.00 |
Dividend | $3.08 (2.35%) |
Ex-Dividend Date | Mar 7, 2024 |
Volume | 293,253 |
Open | 131.19 |
Previous Close | 130.45 |
Day's Range | 130.20 - 132.22 |
52-Week Range | 117.79 - 157.91 |
Beta | 1.54 |
Analysts | Buy |
Price Target | 165.22 (+25.97%) |
Earnings Date | Apr 30, 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]
Financial Performance
In 2023, LEA'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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $165.22, which is an increase of 25.97% from the latest price.
News
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...
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:...
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, ...
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...
Lear to Participate in the Barclays 41st Annual Industrial Select Conference
SOUTHFIELD, Mich. , Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024,...
Lear Named One of FORTUNE'S 2024 Most Admired Companies
Lear earns honor for 8th consecutive year; improves in 2 survey categories SOUTHFIELD, Mich. , Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seati...
Lear's stock falls, as auto-parts maker reports an earnings miss
Shares of Lear Corp. were down 6.2% in premarket trading Tuesday after the auto-parts maker fell short of analysts' expectations in net income, despite posting increases in key metrics.
Lear Reports Fourth Quarter and Full Year Results and Provides Full Year 2024 Financial Outlook
SOUTHFIELD, Mich. , Feb. 6, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full ye...
Lear to Participate in the Wolfe Research Global Auto and Auto Tech Conference
SOUTHFIELD, Mich. , Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024...
Lear Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call
SOUTHFIELD, Mich. , Dec. 18, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's four...
Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference
SOUTHFIELD, Mich. , Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023,...
Lear Declares Quarterly Cash Dividend
SOUTHFIELD, Mich. , Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...
Lear Reports Third Quarter Results and Increases 2023 Financial Outlook
SOUTHFIELD, Mich. , Oct. 26, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2023 and in...
Lear Capital Releases George Washington Coins, First In ‘Shrine of Democracy' Series
LOS ANGELES--(BUSINESS WIRE)--An exciting and unique “Shrine of Democracy” gold and silver coin series issued by Lear Capital kicks off with the release of George Washington coins that celebrate the b...
Lear Announces Date for Third Quarter 2023 Earnings Conference Call
SOUTHFIELD, Mich. , Oct. 2, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's third...
Auto parts makers' stocks rally, as UAW's expanded strike provides a boost
Shares of auto parts makers traded mostly higher Friday, after the United Auto Workers union said it was expanding its strike to nearly 40 in-house auto-parts distribution centers of General Motors Co...
UAW strike could affect auto-parts companies Lear, Magna the most: CFRA
Auto-parts suppliers Lear Corp. LEA, -4.29% and Magna International Inc. MGA, -4.02% are the companies with the “greatest counterparty exposure” to a possible UAW strike, Garrett Nelson at CFRA said i...
Lear to Participate in the Morgan Stanley 11th Annual Laguna Conference
SOUTHFIELD, Mich., Aug. 31, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 13, 2023...
Lear Wins 4 First-Place J.D. Power 2023 Awards, Leads in the Number of Top 3 Finishes
SOUTHFIELD, Mich. , Aug. 24, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, received four first-place J.D.
Lear Reports Improved Second Quarter 2023 Results
SOUTHFIELD, Mich. , Aug. 1, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2023.
Lear Capital Predicts: Silver Could Spike in 2023
LOS ANGELES--(BUSINESS WIRE)--Investors seeking options in the volatile commodities market would be wise to look to silver in 2023, as the value of the precious metal is predicted to remain bullish fo...
CVS, Phillips 66 and Lear Look Good on This Gauge
A good tool for spotting turnaround candidates is the price-sales ratio.
Lear Publishes 2022 Sustainability Report, Makes Progress on Goals
Lear on track to reduce carbon emissions by 50% by 2030 SOUTHFIELD, Mich. , July 13, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, ...
Lear Announces Date for Second Quarter 2023 Earnings Conference Call
SOUTHFIELD, Mich. , July 3, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's secon...