FY2027 EPS Estimates for Lithia Motors Raised by Analyst

Lithia Motors, Inc. (NYSE:LAD - Free Report) - Investment analysts at Zacks Research boosted their FY2027 earnings estimates for Lithia Motors in a report issued on Thursday, March 27th. Zacks Research analyst R. Department now expects that the company will post earnings of $45.22 per share for the year, up from their previous forecast of $43.24. The consensus estimate for Lithia Motors' current full-year earnings is $34.45 per share.

Lithia Motors (NYSE:LAD - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $7.79 EPS for the quarter, beating analysts' consensus estimates of $7.33 by $0.46. Lithia Motors had a return on equity of 12.43% and a net margin of 2.21%.

Several other equities research analysts have also recently weighed in on LAD. Benchmark reiterated a "buy" rating and set a $400.00 price objective on shares of Lithia Motors in a research report on Thursday, February 20th. StockNews.com raised Lithia Motors from a "sell" rating to a "hold" rating in a research report on Tuesday, January 14th. Evercore ISI boosted their price objective on Lithia Motors from $400.00 to $440.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Wells Fargo & Company raised their target price on Lithia Motors from $346.00 to $397.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. dropped their price target on Lithia Motors from $420.00 to $360.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $365.91.

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Lithia Motors Trading Down 7.7 %

LAD stock traded down $23.57 during trading on Monday, hitting $282.55. The company had a trading volume of 451,035 shares, compared to its average volume of 306,055. The company has a current ratio of 1.19, a quick ratio of 0.28 and a debt-to-equity ratio of 1.22. Lithia Motors has a one year low of $243.00 and a one year high of $405.68. The business has a 50-day moving average of $335.80 and a 200-day moving average of $342.92. The stock has a market cap of $7.43 billion, a PE ratio of 9.52, a PEG ratio of 4.65 and a beta of 1.69.

Hedge Funds Weigh In On Lithia Motors

Several large investors have recently bought and sold shares of the stock. Atlas Capital Advisors Inc. purchased a new stake in shares of Lithia Motors in the fourth quarter valued at about $34,000. SBI Securities Co. Ltd. bought a new stake in Lithia Motors in the 4th quarter worth about $35,000. UMB Bank n.a. increased its stake in Lithia Motors by 69.9% in the 4th quarter. UMB Bank n.a. now owns 124 shares of the company's stock valued at $44,000 after buying an additional 51 shares during the last quarter. V Square Quantitative Management LLC lifted its position in shares of Lithia Motors by 33.9% during the 4th quarter. V Square Quantitative Management LLC now owns 146 shares of the company's stock worth $52,000 after buying an additional 37 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its stake in shares of Lithia Motors by 1,420.0% in the 4th quarter. Rakuten Securities Inc. now owns 152 shares of the company's stock worth $54,000 after buying an additional 142 shares during the last quarter.

Insiders Place Their Bets

In other news, COO Adam Chamberlain sold 403 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $384.28, for a total value of $154,864.84. Following the completion of the sale, the chief operating officer now directly owns 2,605 shares of the company's stock, valued at $1,001,049.40. This represents a 13.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Gary M. Glandon sold 325 shares of Lithia Motors stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $387.86, for a total value of $126,054.50. Following the transaction, the insider now directly owns 1,665 shares in the company, valued at approximately $645,786.90. The trade was a 16.33 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,246 shares of company stock worth $433,724. Insiders own 0.87% of the company's stock.

Lithia Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a dividend of $0.53 per share. The ex-dividend date was Friday, March 7th. This represents a $2.12 dividend on an annualized basis and a yield of 0.75%. Lithia Motors's dividend payout ratio (DPR) is presently 7.14%.

Lithia Motors Company Profile

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.