Lithia Motors, Inc. (LAD) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents

About LAD

Lithia Motors, Inc. operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company's Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles. The company sells its products and services through the Driveway and Greencars brand names through a network of locations, e-commerce platforms, and... [Read more]

Industry

Sector Consumer Discretionary

IPO Date Dec 18, 1996

Employees 27,446

Stock Exchange NYSE

Ticker Symbol LAD

Full Company Profile

Financial Performance

In 2023, Lithia Motors's revenue was $31.04 billion, an increase of 10.13% compared to the previous year's $28.19 billion. Earnings were $1.00 billion, a decrease of -20.00%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for LAD stock is "Buy." The 12-month stock price forecast is $318.55, which is an increase of 23.42% from the latest price.

Price Target

$318.55

(23.42% upside)

Analyst Consensus: Buy

Stock Forecasts

News

Lithia & Driveway Increases Share Repurchase Authorization

MEDFORD, Ore. , June 4, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today a $350 million increase to its share repurchase authorization by its Board of Directors, bringing total funds...

4 days ago - PRNewsWire

Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase

Announces Dividend of $0.53 per Share for First Quarter MEDFORD, Ore. , April 24, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue in company history...

6 weeks ago - PRNewsWire

Lithia & Driveway (LAD) Schedules Release of First Quarter 2024 Results

MEDFORD, Ore. , April 9, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2024 earnings will be released before the market opens on Wednesday, April 24, 2024.

2 months ago - PRNewsWire

Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group

MEDFORD, Ore. , Feb. 27, 2024 /PRNewswire/ --Lithia & Driveway (NYSE: LAD) announced today they have purchased Carousel Motor Group, growing their footprint in one of the largest markets in the North...

3 months ago - PRNewsWire

Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase

Announces Dividend of $0.50 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 14, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company histor...

4 months ago - PRNewsWire

Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions

MEDFORD, Ore. , Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Gr...

4 months ago - PRNewsWire

LITHIA & DRIVEWAY NAMES ADAM CHAMBERLAIN CHIEF CUSTOMER OFFICER

MEDFORD, Ore. , Jan. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), one of the largest global automotive retailers, has promoted Adam Chamberlain to Chief Customer Officer (CCO).

4 months ago - PRNewsWire

Lithia & Driveway (LAD) Schedules Release of Fourth Quarter 2023 Results

MEDFORD, Ore. , Jan. 17, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2023 earnings will be released before the market opens on Wednesday, February 14, 2024.

5 months ago - PRNewsWire

Lithia & Driveway (LAD) Reports Record Third Quarter Revenue of $8.3 Billion, 13% Increase

Announces Dividend of $0.50 per Share for Third Quarter MEDFORD, Ore. , Oct. 25, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue in company history.

8 months ago - PRNewsWire

Lithia & Driveway (LAD) Schedules Release of Third Quarter 2023 Results

MEDFORD, Ore. , Oct. 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2023 earnings will be released before the market opens on Wednesday, October 25, 2023.

8 months ago - PRNewsWire

Lithia & Driveway Improves Terms to 35.4p Per Pendragon Share with Significant Future Upside

Total cash consideration payable increased by 42% Expected dividend to Pendragon shareholders of 24.5 pence, a 49% increase Implied total initial value to Pendragon shareholders of 35.4 pence per Pend...

8 months ago - PRNewsWire

Lithia & Driveway to Form Strategic Partnership with Pinewood Technologies and Acquire Pendragon PLC's Fleet Management and UK Motor Divisions

MEDFORD, Ore. , Sept. 18, 2023 /PRNewswire/ --Lithia & Driveway (NYSE: LAD, "Lithia") announced today that it intends to enter a strategic partnership with Pinewood Technologies and acquire the UK mo...

9 months ago - PRNewsWire

Legendary investor Seth Klarman just got back into Amazon and bought three other stocks.

Seth Klarman, the Baupost Group chief executive and value investing legend, just re-edited Benjamin Graham's and David Dodd's classic tome Security Analysis, originally published in 1934. In an interv...

Other symbols: AMZNDGDLTR

10 months ago - Market Watch

Lithia & Driveway (LAD) Reports 12% Revenue Increase and Diluted EPS of $10.78

Announces Dividend to $0.50 per Share for Second Quarter MEDFORD, Ore. , July 26, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest second quarter revenue in company histor...

11 months ago - PRNewsWire

Lithia & Driveway (LAD) Schedules Release of Second Quarter 2023 Results

MEDFORD, Ore. , July 5, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its second quarter 2023 earnings will be released before the market opens on Wednesday, July 26, 2023.

1 year ago - PRNewsWire

LITHIA & DRIVEWAY (LAD) EXPANDS U.S. FOOTPRINT IN ATLANTA MARKET

MEDFORD, Ore. , June 21, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of Wade Ford in Smyrna, Georgia, expanding its reach in the Southeast Region and adding an estimated ...

1 year ago - PRNewsWire

Lithia & Driveway Welcomes Priority Automotive and Expands Revenue in the Mid-Atlantic Region by $1.2 Billion

MEDFORD, Ore. , June 13, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the purchase of 13 locations from the Priority Automotive Group in Virginia, expanding its footprint in the strong...

1 year ago - PRNewsWire

Top 5 Trades of Glenn Greenberg's Firm in the 1st Quarter

Brave Warrior Advisors, the firm led by Glenn Greenberg (Trades, Portfolio), disclosed in a regulatory 13F filing that its top trades during the first quarter included boosts to its holdings of Elevan...

Other symbols: ELVFGFNFHCA

1 year ago - GuruFocus

Lithia Motors stock falls after earnings miss expectations, as profit per vehicle sold dropped 18%

Shares of Lithia Motors Inc. LAD, +0.26% slid 3.5% in premarket trading Wednesday, after the auto retailer reported first-quarter results that missed expectations as profit per vehicle sold fell, whil...

1 year ago - Market Watch

Lithia & Driveway (LAD) Increases Revenue 4% and Reports Diluted EPS of $8.30

Increases Dividend to $0.50 per Share for First Quarter MEDFORD, Ore. , April 19, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue in company history...

1 year ago - PRNewsWire

Lithia & Driveway (LAD) Schedules Release of First Quarter 2023 Results

MEDFORD, Ore. , April 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2023 earnings will be released before the market opens on Wednesday, April 19, 2023.

1 year ago - PRNewsWire

Lithia & Driveway (LAD) Expands into United Kingdom with Jardine Motors Group

MEDFORD, Ore. , March 16, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the company's expansion into United Kingdom with Jardine Motors Group.

1 year ago - PRNewsWire

Auto Dealers See Mixed Signals

AutoNation and Lithia Motors are coming off a boom period and face more expensive financing and lower margins.

Other symbols: AN

1 year ago - WSJ

Lithia Motors stock set to fall after earnings miss, as gross margin and profit per vehicle drop

Shares of Lithia Motors Inc. LAD, +1.91% were indicated down about 4% in premarket trading Wednesday, after the automotive retailer reported fourth-quarter profit and revenue that missed expectations,...

1 year ago - Market Watch

Lithia & Driveway (LAD) Increases Revenue 11% and Reports Diluted EPS of $9.00

Announces Dividend of $0.42 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 15, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company histor...

1 year ago - PRNewsWire

FAQs

Lithia Motors, Inc. (LAD) Stock Price, Quote & News - Stock Analysis? ›

Lithia Motors's analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.

Learn More ›

Is LAD stock a good buy? ›

Lithia Motors's analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.

What is Lithia Motors stock price forecast for 2025? ›

On average, Wall Street analysts predict that Lithia Motors's share price could reach $312.90 by May 2, 2025. The average Lithia Motors stock price prediction forecasts a potential upside of 21.71% from the current LAD share price of $257.08.

Discover More ›

Why did Lithia Motors stock drop? ›

Summary. Lithia Motors disappointed investors with lower-than-expected net income and a slight beat in revenues for the last quarter. Net income declined by 29% despite a 23% increase in revenues, indicating rising costs for the company.

Find Out More ›

What is the PE ratio of Lithia? ›

P/E ratio as of June 2024 (TTM): 7.05

According to Lithia Motors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.04796. At the end of 2022 the company had a P/E ratio of 4.62.

What is LAD stock price forecast? ›

What are analysts forecasts for Lithia Motors stock? The 35 analysts offering price forecasts for Lithia Motors have a median target of 306.34, with a high estimate of 470.00 and a low estimate of 198.00.

Read The Full Story ›

Is Lithia Motors a good investment? ›

Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Lithia Motors' earnings over the next few years are expected to increase by 33%, indicating a highly optimistic future ahead.

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Who are the largest shareholders of LAD? ›

Largest shareholders include Vanguard Group Inc, Abrams Capital Management, L.p., BlackRock Inc., Harris Associates L P, MFN Partners Management, LP, Barrow Hanley Mewhinney & Strauss Llc, OAKLX - Oakmark Select Fund Investor Class, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, IJH - iShares Core S&P ...

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How much debt is Lithia Motors in? ›

You can click the graphic below for the historical numbers, but it shows that as of December 2023 Lithia Motors had US$10.8b of debt, an increase on US$7.59b, over one year.

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Is Lithia a Fortune 500? ›

As of 2022 Lithia is ranked #158 on the Fortune 500.

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What is the Lithia Motors controversy? ›

General Motors Company, Jim Koons Management and Lithia Motors Inc. have agreed to settle separate Federal Trade Commission administrative complaint allegations that each touted how rigorously they inspect their cars, yet failed to disclose that some of the used cars they were selling were subject to unrepaired safety ...

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Who is Lithia competitor? ›

The main competitors of Lithia Motors include CarMax (KMX), Penske Automotive Group (PAG), AutoNation (AN), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Advance Auto Parts (AAP), Sonic Automotive (SAH), Monro (MNRO), America's Car-Mart (CRMT), and O'Reilly Automotive (ORLY).

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What is Lithia Motors known for? ›

Lithia is one of America's largest automotive retailers featuring most domestic and import franchises. Our stores serve urban and rural populations throughout the United States. We are focused on providing customers with an honest and simpler buying and service experience.

Read The Full Story ›

What is Lithia Motors net worth? ›

Lithia Motors net worth as of June 04, 2024 is $7.39B.

Know More ›

What PE is overvalued? ›

Investors and analysts consider stocks which have a P/E ratio of 50 or above to be an overvalued share, especially in comparison to a stock which has a ratio at par with or below 10.

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What is an overpriced PE ratio? ›

A high P/E ratio for a fast-growing company may make a lot of sense, so it's important to understand the growth outlook before making a judgment solely based on the P/E ratio. A PEG ratio above 2 is typically considered expensive, while a ratio below 1 may indicate a good deal.

Should I invest in Anglo American? ›

The average share price target for Anglo American is 2,822.48p. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Anglo American's analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.

Should I sell my Antero Resources stock? ›

Antero Resources has a consensus rating of Moderate Buy which is based on 6 buy ratings, 5 hold ratings and 0 sell ratings. The average price target for Antero Resources is $36.10.

Discover More ›

Is elevation oncology a buy or sell? ›

Elevation Oncology's analyst rating consensus is a Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.

Discover More Details ›

Is Hormel a good stock to buy? ›

Based on analyst ratings, Hormel Foods's 12-month average price target is $31.50. Hormel Foods has 2.02% upside potential, based on the analysts' average price target. Hormel Foods has a consensus rating of Moderate Sell which is based on 0 buy ratings, 5 hold ratings and 2 sell ratings.

Lithia Motors, Inc. (LAD) Stock Price, Quote & News - Stock Analysis (2024)

About LAD

Financial Performance

Analyst Forecast

News

FAQs

References