Lithia Motors, Inc. (NYSE:LAD - Free Report) - Analysts at Seaport Res Ptn lifted their FY2025 earnings per share (EPS) estimates for Lithia Motors in a research report issued to clients and investors on Thursday, January 16th. Seaport Res Ptn analyst G. Chin now forecasts that the company will post earnings of $35.77 per share for the year, up from their previous forecast of $34.73. The consensus estimate for Lithia Motors' current full-year earnings is $29.42 per share.
Several other equities analysts have also recently issued reports on LAD. Benchmark started coverage on Lithia Motors in a report on Wednesday, January 8th. They issued a "buy" rating and a $400.00 price objective for the company. Guggenheim upped their price objective on Lithia Motors from $380.00 to $418.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. StockNews.com raised shares of Lithia Motors from a "sell" rating to a "hold" rating in a report on Tuesday, January 14th. Citigroup boosted their target price on shares of Lithia Motors from $280.00 to $320.00 and gave the company a "neutral" rating in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Lithia Motors from $405.00 to $400.00 and set an "overweight" rating on the stock in a research report on Friday. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $357.40.
Read Our Latest Report on LAD
Lithia Motors Stock Performance
Shares of Lithia Motors stock traded down $6.76 during trading on Monday, hitting $351.33. 301,973 shares of the company's stock were exchanged, compared to its average volume of 230,324. Lithia Motors has a 52-week low of $243.00 and a 52-week high of $405.67. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.27 and a current ratio of 1.18. The stock has a market capitalization of $9.36 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 4.77 and a beta of 1.67. The business has a 50-day simple moving average of $367.93 and a 200-day simple moving average of $321.07.
Lithia Motors (NYSE:LAD - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $8.21 earnings per share for the quarter, beating the consensus estimate of $7.60 by $0.61. Lithia Motors had a return on equity of 12.95% and a net margin of 2.31%. The business had revenue of $9.22 billion for the quarter, compared to the consensus estimate of $9.46 billion. During the same quarter in the previous year, the business earned $9.25 EPS. The company's quarterly revenue was up 11.4% compared to the same quarter last year.
Lithia Motors Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 8th were paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend was Friday, November 8th. Lithia Motors's dividend payout ratio is presently 7.24%.
Insider Buying and Selling
In other Lithia Motors news, CEO Bryan B. Deboer sold 15,846 shares of Lithia Motors stock in a transaction on Monday, November 11th. The shares were sold at an average price of $386.72, for a total transaction of $6,127,965.12. Following the sale, the chief executive officer now owns 207,924 shares of the company's stock, valued at $80,408,369.28. The trade was a 7.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Chris Holzshu sold 8,520 shares of the company's stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $335.21, for a total transaction of $2,855,989.20. Following the sale, the chief operating officer now directly owns 32,054 shares of the company's stock, valued at $10,744,821.34. The trade was a 21.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 47,290 shares of company stock worth $17,959,596. Insiders own 1.79% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC purchased a new position in shares of Lithia Motors during the 3rd quarter worth $35,000. UMB Bank n.a. raised its stake in Lithia Motors by 69.9% during the fourth quarter. UMB Bank n.a. now owns 124 shares of the company's stock worth $44,000 after purchasing an additional 51 shares during the period. GAMMA Investing LLC raised its stake in Lithia Motors by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 167 shares of the company's stock worth $60,000 after purchasing an additional 39 shares during the period. Blue Trust Inc. boosted its holdings in Lithia Motors by 49.3% in the 3rd quarter. Blue Trust Inc. now owns 200 shares of the company's stock valued at $64,000 after purchasing an additional 66 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Lithia Motors by 23.9% in the 3rd quarter. Signaturefd LLC now owns 249 shares of the company's stock valued at $79,000 after buying an additional 48 shares during the period.
About Lithia Motors
(
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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.
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