Lithia Motors Stock Forecast, Price & News

Lithia Motors' stock was trading at $101.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LAD shares have increased by 224.7% and is now trading at $330.53.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lithia Motors in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lithia Motors stock.
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6,978 employees have rated Lithia Motors CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Lithia Motors' employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Lithia Motors is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Lithia Motors.

Lithia Motors, Inc. (NYSE:LAD) issued its quarterly earnings data on Wednesday, October, 21st. The company reported $6.89 EPS for the quarter, topping the consensus estimate of $6.21 by $0.68. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.58 billion. Lithia Motors had a return on equity of 23.52% and a net margin of 2.82%. Lithia Motors's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.39 earnings per share.
View Lithia Motors' earnings history.

Lithia Motors announced a quarterly dividend on Wednesday, October 21st. Stockholders of record on Friday, November 13th will be given a dividend of $0.31 per share on Friday, November 27th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Thursday, November 12th.
View Lithia Motors' dividend history.

Lithia Motors pays an annual dividend of $1.24 per share and currently has a dividend yield of 0.38%. Lithia Motors has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Lithia Motors is 10.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lithia Motors will have a dividend payout ratio of 6.29% next year. This indicates that Lithia Motors will be able to sustain or increase its dividend.
View Lithia Motors' dividend history.

11 Wall Street analysts have issued 12-month price objectives for Lithia Motors' stock. Their forecasts range from $155.00 to $350.00. On average, they expect Lithia Motors' share price to reach $296.00 in the next year. This suggests that the stock has a possible downside of 10.4%.
View analysts' price targets for Lithia Motors or view Wall Street analyst' top-rated stocks.

Some companies that are related to Lithia Motors include O'Reilly Automotive (ORLY), AutoZone (AZO), CarMax (KMX), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), Monro (MNRO), Prospect Capital (PBY) and America's Car-Mart (CRMT).
View all of LAD's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lithia Motors investors own include The Walt Disney (DIS), Intel (INTC), Micron Technology (MU), Gilead Sciences (GILD), NVIDIA (NVDA), AbbVie (ABBV), JPMorgan Chase & Co. (JPM), salesforce.com (CRM), Cisco Systems (CSCO) and Bristol-Myers Squibb (BMY).

Lithia Motors trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAD."

Lithia Motors' stock is owned by a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.42%), Frontier Capital Management Co. LLC (0.41%), Smith Graham & Co. Investment Advisors LP (0.25%), Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Lithia Motors stock include Abrams Capital Management, LP, Bryan B Deboer, Chris Holzshu, Kenneth E Roberts, Louis Miramontes, Scott Hillier, Shauna Mcintyre, Sidney B Deboer, Susan O Cain, Thomas Dobry and Tina Miller.
View institutional ownership trends for Lithia Motors.

LAD stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Hexavest Inc., Smith Graham & Co. Investment Advisors LP, and First Hawaiian Bank. Company insiders that have sold Lithia Motors company stock in the last year include Bryan B Deboer, Chris Holzshu, Louis Miramontes, Scott Hillier, Shauna Mcintyre, Sidney B Deboer, Thomas Dobry, and Tina Miller.
View insider buying and selling activity for Lithia Motors or view top insider-selling stocks.

LAD stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Northstar Advisory Group LLC, First Citizens Bank & Trust Co., Sheets Smith Wealth Management, Wedge Capital Management L L P NC, Louisiana State Employees Retirement System, Arden Trust Co, and State of Alaska Department of Revenue.
View insider buying and selling activity for Lithia Motors or or view top insider-buying stocks.

Shares of LAD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LAD stock can currently be purchased for approximately $330.53.

Lithia Motors has a market capitalization of $8.77 billion and generates $12.67 billion in revenue each year. The company earns $271.50 million in net income (profit) each year or $11.76 on an earnings per share basis. Lithia Motors employs 14,320 workers across the globe.

The official website for Lithia Motors is www.lithiainvestorrelations.com.

Lithia Motors' mailing address is 150 NORTH BARTLETT STREET, MEDFORD OR, 97501. The company can be reached via phone at 541-776-6401 or via email at [email protected]