Skip to main content

LMP Automotive Holdings, Inc. (LMPX)

NASDAQ: LMPX · IEX Real-Time Price · USD
14.62 0.22 (1.53%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap145.14M
Revenue (ttm)190.42M
Net Income (ttm)-15.54M
Shares Out10.09M
EPS (ttm)-1.55
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume30,382
Open14.26
Previous Close14.40
Day's Range14.09 - 14.84
52-Week Range11.78 - 31.48
Betan/a
AnalystsStrong Buy
Price Target25.00 (+71.0%)
Est. Earnings DateNov 15, 2021

About LMPX

LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and manufacturer distributors at fleet rates. The company was incorporated in 2017 and is headquartered in Fort Lauderdale, Florida.

IndustrySpecialty Retail
IPO DateDec 5, 2019
Employees17
Stock ExchangeNASDAQ
Ticker SymbolLMPX
Full Company Profile

Financial Performance

In 2020, LMPX's revenue was $30.44 million, an increase of 180.36% compared to the previous year's $10.86 million. Losses were -$4.82 million, 19.5% more than in 2019.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LMPX stock is "Strong Buy" and the 12-month stock price forecast is 25.00.

Price Target
$25.00
(71.00% upside)
Analyst Consensus: Strong Buy

News

LMP Automotive Holdings, Inc. to Report Third Quarter 2021 Financial Results and Host Quarterly Conference Call on No...

FORT LAUDERDALE, FL , Oct. 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today a...

3 days ago - GlobeNewsWire

LMP Announces Closing of White Plains Chrysler Dodge Jeep Ram

FORT LAUDERDALE, FL , Oct. 07, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the clo...

2 weeks ago - GlobeNewsWire

LMP Announces the Closing of its Acquisition of White Plains Chrysler Dodge Jeep Ram Dealership in New York is Expect...

FORT LAUDERDALE, FL , Oct. 01, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced the clo...

3 weeks ago - GlobeNewsWire

LMP Automotive Holdings, Inc. Provides its Planned Closing Schedule for Contracted Acquisitions

FORT LAUDERDALE, FL , Sept. 23, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today provided its pla...

1 month ago - GlobeNewsWire

LMP To Acquire 5 Import Dealerships, Associated Real Estate In Texas For $62.5M

Automotive retailer LMP Automotive Holdings Inc (NASDAQ: LMPX) has agreed to acquire five import dealerships in Texas, including the associated real estate, for ~$62.5 million. LMP expects the acquisiti...

1 month ago - Benzinga

LMP To Buy 85% Interest In Alan Jay Automotive And Associated Real Estate For ~50M

LMP Automotive Holdings Inc (NASDAQ: LMPX) has agreed to acquire 85% interest in the Alan Jay Automotive Network, a 12-dealership group in Florida, along with the associated real estate, for about $50 m...

1 month ago - Benzinga

LMP Announces a Definitive Acquisition Agreement to Purchase 5 Import Dealerships in Texas, Along with the Associated...

FORT LAUDERDALE, FL, Sept. 13, 2021 (GLOBE NEWSWIRE) -- / LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its e...

1 month ago - GlobeNewsWire

LMP Announces a Definitive Acquisition Agreement to Purchase an 85% Interest in the Alan Jay Automotive Network, a 12...

FORT LAUDERDALE, FL , Sept. 13, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its en...

1 month ago - GlobeNewsWire

LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in Tennessee, Generating Ap...

FORT LAUDERDALE, FL , Aug. 24, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...

2 months ago - GlobeNewsWire

4 Stocks Insiders Are Buying

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock.

Other symbols:COMMEOLSFOX
2 months ago - Benzinga

LMP Automotive Holdings, Inc. Announces Second Quarter Financial Results

Second Quarter 2021 Highlights

2 months ago - GlobeNewsWire

LMP Automotive Acquires Kia Dealership In New York For $14M

Automotive retailer LMP Automotive Holdings Inc (NASDAQ: LMPX) has acquired a Kia dealership in New York for $14 million to expand its Northeast footprint further.  LMP expects the deal to add $2.7 mill...

2 months ago - Benzinga

LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in New York, Generating Approximately $82 Milli...

FORT LAUDERDALE, FL , Aug. 09, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...

2 months ago - GlobeNewsWire

LMP Automotive Stock Gains On Acquiring Chrysler Dodge Jeep Ram Dealership In New York

LMP Automotive Holdings Inc (NASDAQ: LMPX) has entered an acquisition agreement for a Chrysler Dodge Jeep Ram dealership in New York for a purchase price of about $11 million for goodwill and $8.2 milli...

2 months ago - Benzinga

LMP Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in New York, Including the ...

FORT LAUDERDALE, FL , July 26, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...

2 months ago - GlobeNewsWire

LMP Announces a Definitive Acquisition Agreement for a Kia Dealership in Connecticut, Including the Associated Real E...

FORT LAUDERDALE, FL , July 22, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...

3 months ago - GlobeNewsWire

LMP Automotive Stock Jumps After Deal To Buy GM, Nissan Dealerships In Texas For $141M

LMP Automotive Holdings Inc (NASDAQ: LMPX) has acquired certain dealerships of General Motors Company (NYSE: GM) and Nissan Motor Co Ltd (OTC: NSANY) in Texas, along with the associated real estate, for...

Other symbols:GM
3 months ago - Benzinga

LMP Announces a Definitive Acquisition Agreement for General Motors and Nissan Dealerships in Texas, Including the As...

FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX), an e-commerce and facilities-based automotive retailer in the United States, today announced its ent...

3 months ago - GlobeNewsWire

LMP Automotive Holdings, Inc. to Report Second Quarter 2021 Financial Results and Host Quarterly Conference Call on A...

FORT LAUDERDALE, FL , July 19, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today a...

3 months ago - GlobeNewsWire

LMP Automotive Holdings, Inc. Announces an Addition to it's Senior Management Team

FORT LAUDERDALE, FL , July 16, 2021 (GLOBE NEWSWIRE) --  LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United State...

3 months ago - GlobeNewsWire

LMP Automotive Holdings, Inc. Announces Senior Management Addition

FORT LAUDERDALE, FL, July 12, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States,...

3 months ago - GlobeNewsWire

LMP Automotive Holdings, Inc. Announces Board Approval for Debt Refinancing and Conditional Approval of a Stock Buy B...

FORT LAUDERDALE, FL, July 08, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States,...

3 months ago - GlobeNewsWire

LMP Automotive Appoints Robert Bellaflores As CFO

LMP Automotive Holdings Inc (NASDAQ: LMPX) has appointed Robert Bellaflores as its Chief Financial Officer, effective immediately. Before joining the company, Bellaflores worked as a senior executive in...

3 months ago - Benzinga

LMP Automotive Holdings, Inc. Announces the Appointment of Robert Bellaflores as Chief Financial Officer

Fort Lauderdale, Florida , July 07, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United S...

3 months ago - GlobeNewsWire

LMP Automotive Shares Gain On Q1 Earnings, Strong Q2 Guidance

LMP Automotive Holdings Inc (NASDAQ: LMPX) reported first-quarter FY21 sales of $33 million, up 516.8% year-on-year, beating the consensus estimate of $13.37 million. The increase in revenue is primaril...

3 months ago - Benzinga