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NYSE:LEA

Lear (LEA) Stock Price, News & Analysis

$126.68
-1.51 (-1.18%)
(As of 05/22/2024 ET)
Today's Range
$126.15
$127.97
50-Day Range
$124.29
$146.07
52-Week Range
$121.38
$157.90
Volume
517,841 shs
Average Volume
713,240 shs
Market Capitalization
$7.19 billion
P/E Ratio
13.81
Dividend Yield
2.43%
Price Target
$161.44

Lear MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
27.4% Upside
$161.44 Price Target
Short Interest
Bearish
5.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.29
Upright™ Environmental Score
News Sentiment
0.37mentions of Lear in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$387,228 Sold Last Quarter
Proj. Earnings Growth
30.52%
From $14.32 to $18.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Auto/Tires/Trucks Sector

2nd out of 78 stocks

Motor Vehicle Parts & Accessories Industry

3rd out of 32 stocks

LEA stock logo

About Lear Stock (NYSE:LEA)

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.

LEA Stock Price History

LEA Stock News Headlines

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What are growth stocks and how do you invest in them? This article teaches you about how invest in growth stocks (and identify them) with MarketBeat.
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What is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average includes 30 companies, once all industrial companies. Learn more.
3 Stocks Under $10 With Mammoth Growth Prospects
Lear Corporation Announces Two Key Leadership Changes
Lear Declares Quarterly Cash Dividend
Lear (NYSE:LEA) Raised to Buy at StockNews.com
See More Headlines
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Company Calendar

Ex-Dividend for 3/27 Dividend
3/07/2024
Dividend Payable
3/27/2024
Last Earnings
4/30/2024
Today
5/23/2024
Ex-Dividend for 6/25 Dividend
6/06/2024
Dividend Payable
6/25/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
52186520
Employees
186,600
Year Founded
1917

Price Target and Rating

Average Stock Price Target
$161.44
High Stock Price Target
$200.00
Low Stock Price Target
$139.00
Potential Upside/Downside
+27.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$572.50 million
Pretax Margin
3.11%

Debt

Sales & Book Value

Annual Sales
$23.47 billion
Cash Flow
$22.19 per share
Book Value
$87.80 per share

Miscellaneous

Free Float
56,339,000
Market Cap
$7.19 billion
Optionable
Optionable
Beta
1.55

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LEA Stock Analysis - Frequently Asked Questions

Should I buy or sell Lear stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LEA shares.
View LEA analyst ratings
or view top-rated stocks.

What is Lear's stock price target for 2024?

9 brokers have issued 12-month price targets for Lear's stock. Their LEA share price targets range from $139.00 to $200.00. On average, they anticipate the company's stock price to reach $161.44 in the next year. This suggests a possible upside of 27.4% from the stock's current price.
View analysts price targets for LEA
or view top-rated stocks among Wall Street analysts.

How have LEA shares performed in 2024?

Lear's stock was trading at $141.21 at the beginning of 2024. Since then, LEA shares have decreased by 10.3% and is now trading at $126.68.
View the best growth stocks for 2024 here
.

When is Lear's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our LEA earnings forecast
.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) released its quarterly earnings data on Tuesday, April, 30th. The auto parts company reported $3.18 EPS for the quarter, beating the consensus estimate of $3.04 by $0.14. The auto parts company had revenue of $5.99 billion for the quarter, compared to analysts' expectations of $6 billion. Lear had a net margin of 2.28% and a trailing twelve-month return on equity of 14.47%. Lear's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.78 EPS.

How often does Lear pay dividends? What is the dividend yield for Lear?

Lear announced a quarterly dividend on Thursday, May 16th. Shareholders of record on Thursday, June 6th will be given a dividend of $0.77 per share on Tuesday, June 25th. This represents a $3.08 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, June 6th.
Read our dividend analysis for LEA
.

Is Lear a good dividend stock?

Lear (NYSE:LEA) pays an annual dividend of $3.08 per share and currently has a dividend yield of 2.39%. The dividend payout ratio is 33.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LEA will have a dividend payout ratio of 16.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LEA.

What guidance has Lear issued on next quarter's earnings?

Lear updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $24.0 billion-$24.6 billion, compared to the consensus revenue estimate of $24.4 billion.

What other stocks do shareholders of Lear own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lear investors own include Bank of America (BAC), NVIDIA (NVDA), Home Depot (HD), Boeing (BA), Alibaba Group (BABA), Cisco Systems (CSCO), Intel (INTC), Lam Research (LRCX), Micron Technology (MU) and Skyworks Solutions (SWKS).

Who are Lear's major shareholders?

Lear's stock is owned by a number of retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (10.99%), Vanguard Group Inc. (10.61%), LSV Asset Management (1.11%), Jacobs Levy Equity Management Inc. (1.07%), Nordea Investment Management AB (0.79%) and ARGA Investment Management LP (0.56%). Insiders that own company stock include Alicia J Davis, Carl A Esposito, Conrad L Mallett, Jr, Frank C Orsini, Greg C Smith, Jason M Cardew, Marianne Vidershain, Raymond E Scott, Raymond E Scott and Thomas A Didonato.
View institutional ownership trends
.

How do I buy shares of Lear?

Shares of LEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Lear have any subsidiaries?
The following companies are subsidiares of Lear: A.W. Chapman Belgium NV, A.W. Chapman Ltd., AccuMED Corp., AccuMED Holdings Corp., Arada Systems, Automotive Industries Holding Inc., Beijing BAI Lear Automotive Systems Co. Ltd., Beijing BHAP Lear Automotive Systems Co. Ltd., Borealis Industrier, Changchun Lear FAWSN Automotive Electrical Co. Ltd., Consorcio Industrial Mexicano de Autopartes S. de R.L. de C.V., Cordelia Autoparts Sweden AB, Dunlop Cox Limited, EXO Technologies, EXO Technologies Ltd., Eagle Ottawa (Thailand) Co. Ltd., Eagle Ottawa China Ltd., Eagle Ottawa Fonseca S.A., Eagle Ottawa Foreign Holdings ApS, Eagle Ottawa Hungary Kft., Eagle Ottawa LLC, Eagle Ottawa North America LLC, Gill Industries of Mexico S. de R.L. de C.V., Gill Management Queretaro S. de R.L. de C.V., Gill Management of Mexico S. de R.L. de C.V., Gill Queretaro S. de R.L. de C.V., Grote & Hartmann, Grupo Antolin's, Gruppo Pianfei S.r.L., Guangzhou Lear Automotive Components Co. Ltd, Guilford Europe Limited, Guilford Europe Pension Trustees Limited, Guilford Mills, Industrias Lear de Argentina SrL, Jiangxi Jiangling Lear Interior Systems Co. Ltd., Lear (Shanghai) Auto Parts Technology Co. Ltd., Lear Automotive Co. Ltd., Lear Automotive EEDS Honduras S.A., Lear Automotive Electronics and Electrical Products Co. Ltd., Lear Automotive Fabrics Co. Ltd., Lear Automotive India Private Limited, Lear Automotive Interior Materials Co. Ltd., Lear Automotive Manufacturing L.L.C., Lear Automotive Metals Co. Ltd., Lear Automotive Morocco SAS, Lear Automotive Operations Netherlands B.V., Lear Automotive Sdn. Bhd., Lear Automotive Services B.V., Lear Automotive Systems Co. Ltd., Lear Canada Holding S.a.r.l., Lear Chang’an Automotive Seating Co. Ltd., Lear Chang’an Automotive System Co. Ltd., Lear China Engineering LLC, Lear Corporation Ara S.L., Lear Corporation Ardasa S.L., Lear Corporation Asientos S.L., Lear Corporation Belgium B.V., Lear Corporation Beteiligungs GmbH, Lear Corporation Canada ULC, Lear Corporation Changchun Automotive Interior Systems Co. Ltd., Lear Corporation China Ltd., Lear Corporation Czech Republic s.r.o., Lear Corporation Engineering Belgium B.V., Lear Corporation Engineering Czech Republic s.r.o., Lear Corporation Engineering GmbH, Lear Corporation Engineering Hungary Kft., Lear Corporation Engineering Italy S.r.l., Lear Corporation Engineering Limited, Lear Corporation Engineering Morocco S.a.r.l., Lear Corporation Engineering Poland Sp. z.o.o., Lear Corporation Engineering Slovakia s.r.o., Lear Corporation Engineering Spain S.L., Lear Corporation France SAS, Lear Corporation GmbH, Lear Corporation Gothenburg AB, Lear Corporation Holding Spain S.L., Lear Corporation Ingenierie S.A.S., Lear Corporation Italia S.r.l., Lear Corporation Japan K.K., Lear Corporation Jarny S.A.S., Lear Corporation Limited, Lear Corporation Loire S.A.S., Lear Corporation Macedonia DOOEL Tetovo, Lear Corporation Martorell S.L., Lear Corporation Meknes S.a.r.l. AU, Lear Corporation Mexico S. de R.L. de C.V., Lear Corporation Pension Scheme Trustees Limited, Lear Corporation Poland II Sp. z.o.o., Lear Corporation Pontevedra S.L., Lear Corporation Romania S.r.L., Lear Corporation S.r.L., Lear Corporation Seating France Feignies S.A.S., Lear Corporation Seating France S.A.S., Lear Corporation Seating Slovakia s.r.o., Lear Corporation South East Asia Co. Ltd. (Thailand), Lear Corporation Spain Alava S.L., Lear Corporation UK Holdings Limited, Lear Corporation Valenca Unipessoal Lda., Lear Corporation d.o.o. Novi Sad, Lear DFM Automotive Seating (Yancheng) Co. Ltd., Lear Dongfeng Automotive Seating Co. Ltd., Lear EEDS and Interiors LLC, Lear East European Operations S.a.r.l., Lear Electrical Systems de Mexico S. de R.L. de C.V., Lear European Holding S.L., Lear Financial Services B.V., Lear Global Operations S.a.r.l., Lear Global Technology Corporation France, Lear Global Technology Corporation Germany, Lear Global Technology Corporation Spain, Lear Global Technology Corporation UK, Lear Holding Limited, Lear Holdings S. de R.L. de C.V., Lear India Engineering LLC, Lear India Engineering LLP, Lear Israel Engineering LLC, Lear Japan Engineering LLC, Lear Korea Engineering LLC, Lear Korea Engineering Yuhan Hoesa, Lear Korea Yuhan Hoesa, Lear LLC, Lear Mexican Seating Corporation, Lear Mexican Trim Operations S. de R.L. de C.V., Lear Morocco Engineering LLC, Lear Otomotiv Sanayi ve Ticaret Limited Sirketi, Lear Philippines Engineering LLC, Lear S.a.r.l., Lear Seating Corp. Ltd., Lear Sewing Ltd., Lear UK Acquisition Limited, Lear do Brasil Industria e Comercio de Interiores Automotivos Ltda., M and N Plastics Inc., M&N Plastics, Mezed Inversiones S.r.l., PT Lear Automotive Indonesia, PT Lear Corporation Indonesia, Shanghai Lear Automotive Parts Co. Ltd., Shanghai Lear Automotive Systems Co. Ltd., Shenyang Jinbei Lear Auto Parts Co. Ltd., Shenyang Lear Jinbei Automotive Systems Co. Ltd., Strapazzini Resine S.r.L., Tacle Seating UK Limited, Tianjin FAWSN Lear Automotive Electrical & Electronics Co. Ltd., United Technologies Automotive, Wuhan Lear-DFM Auto Electric Company Limited, Xevo Inc., Xevo Inc., Xevo Japan LLC, Xevo K.K., and Yangzhou Lear Hulane Automotive Parts Trading Co. Ltd..
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This page (NYSE:LEA) was last updated on 5/23/2024 by MarketBeat.com Staff

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