Lear Corporation (LEA)

NYSE: LEA · IEX Real-Time Price · USD
170.58 -0.76 (-0.44%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap10.17B
Revenue (ttm)19.63B
Net Income (ttm)554.00M
Shares Out59.62M
EPS (ttm)9.15
PE Ratio18.64
Forward PE12.21
Dividend$1.77 (1.04%)
Ex-Dividend DateDec 9, 2021
Volume428,712
Open170.67
Previous Close171.34
Day's Range169.15 - 175.70
52-Week Range144.78 - 204.91
Beta1.53
AnalystsBuy
Price Target194.75 (+14.2%)
Earnings DateFeb 2, 2022

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, key seat 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...

IndustryAuto Components
Founded1917
CEORaymond Scott
Employees174,600
Stock ExchangeNYSE
Ticker SymbolLEA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is 194.75, which is an increase of 14.17% from the latest price.

Price Target
$194.75
(14.17% upside)
Analyst Consensus: Buy

News

Lear to Participate in 20th Annual J.P. Morgan Tech/Auto Forum

SOUTHFIELD, Mich., Dec. 17, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on January 5, 2022, at ...

1 month ago - PRNewsWire

Lear (LEA) Down 5.5% Since Last Earnings Report: Can It Rebound?

Lear (LEA) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Bear of the Day: Lear Corp. (LEA)

The semiconductor shortage is hitting the auto parts companies.

1 month ago - Zacks Investment Research

Dividend Increases: 14 Stocks That Have Doubled Their Payouts

Looking for companies executing substantial dividend increases? These 14 stocks have upped the payout ante by a minimum of 100% this year.

1 month ago - Kiplinger

Lear to Participate in Credit Suisse 9th Annual Industrials Conference

SOUTHFIELD, Mich., Nov. 24, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 2, 2021, at...

1 month ago - PRNewsWire

Lear Corporation Announces Pricing of Tender Offer

SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ -- Lear Corporation ("Lear", NYSE: LEA) announced today the Reference Yield and Total Consideration (each as summarized in the table below) to be paid in co...

2 months ago - PRNewsWire

Lear Corporation Announces Early Results of Previously Announced Cash Tender Offer

SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ -- Lear Corporation ("Lear", NYSE: LEA) announced today the early results of the previously announced cash tender offer (the "Tender Offer") for up to $200,...

2 months ago - PRNewsWire

Lear Hikes Dividend By 54%

Lear Corp ((NYSE: LEA) Board has authorized a 54% increase in its quarterly cash dividend from $0.50 to $0.77 per share. The raised dividend is payable on December 29, 2021, to shareholders of record on...

2 months ago - Benzinga

Lear Raises Quarterly Dividend to $0.77 per Share

SOUTHFIELD, Mich., Nov. 18, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has authorized ...

2 months ago - PRNewsWire

Lear to Supply Advanced Connectivity and Vehicle Positioning Solutions to Global Electric Vehicle Manufacturer

SOUTHFIELD, Mich., Nov. 15, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it will begin supplying its 4G/5G telecommu...

2 months ago - PRNewsWire

Lear Announces Pricing of $700 Million Senior Notes Offering

SOUTHFIELD, Mich., Nov. 4, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced today that it priced an underwritten public offeri...

2 months ago - PRNewsWire

Lear's (LEA) Q3 Earnings Miss Estimates, 2021 View Tepid

Lear (LEA) forecasts full-year 2021 sales in the band of $18.8-$19.2 billion, down from the previous guided range of $20.3-$21.1 billion.

2 months ago - Zacks Investment Research

Lear Corporation Announces Cash Tender Offer for its 3.800% Senior Notes due 2027

SOUTHFIELD, Mich., Nov. 4, 2021 /PRNewswire/ -- Lear Corporation ("Lear", NYSE: LEA) announced today that it has commenced a cash tender offer (the "Tender Offer") for up to $200,000,000 aggregate princ...

2 months ago - PRNewsWire

Lear Announces Offering of Senior Notes

SOUTHFIELD, Mich., Nov. 4, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced today that it intends to commence an underwritten ...

2 months ago - PRNewsWire

Lear Q3 Earnings Miss Estimates; Cuts FY21 Outlook Citing Semiconductor Shortages

Lear Corp (NYSE: LEA) reported a third-quarter FY21 sales decline of 13% year-on-year, to $4.27 billion, missing the analyst consensus of $4.37 billion. Global vehicle production decreased 19% Y/Y with ...

2 months ago - Benzinga

Lear (LEA) Misses Q3 Earnings Estimates

Lear (LEA) delivered earnings and revenue surprises of -5.36% and 2.07%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Lear Reports Third Quarter 2021 Results

SOUTHFIELD, Mich., Nov. 2, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2021.

2 months ago - PRNewsWire

Lear, Shinry Form JV For Onboard Vehicle Chargers

Lear Corp (NYSE: LEA) has signed an agreement to establish a joint venture with Shinry Technologies Co Ltd, a China-based supplier of electronics for electric vehicles. The financial terms of the deal w...

2 months ago - Benzinga

Lear, Shinry Forming Joint Venture for Onboard Vehicle Chargers

SOUTHFIELD, Mich., Nov. 1, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has signed a definitive agreement to...

2 months ago - PRNewsWire

Lear Increases and Extends Its Revolving Credit Facility

SOUTHFIELD, Mich., Oct. 29, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into an agreement to re...

2 months ago - PRNewsWire

Lear to Acquire Kongsberg Automotive's Interior Comfort Systems Business Unit

SOUTHFIELD, Mich., Oct. 28, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into a definitive agree...

2 months ago - PRNewsWire

Ford Honors Lear Plants at 23rd Annual World Excellence Awards

SOUTHFIELD, Mich., Oct. 27, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been recognized as a top-performing ...

2 months ago - PRNewsWire

Analysts Estimate Lear (LEA) to Report a Decline in Earnings: What to Look Out for

Lear (LEA) 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.

2 months ago - Zacks Investment Research

Lear Wins 2 J.D. Power 2021 Seat Quality Awards, Earns More Honors than any other Automotive Supplier

SOUTHFIELD, Mich., Oct. 19, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it received two J.D.

3 months ago - PRNewsWire

New Strong Sell Stocks for October 11th

ADNT, MOMO, LEA, PLUG and TEN have been added to the Zacks Rank #5 (Strong Sell) List on October 11, 2021.

Other symbols:ADNTMOMOPLUGTEN
3 months ago - Zacks Investment Research