NYSE:LEA - Lear Stock Price, News & Analysis

$106.50
-4.06 (-3.67 %)
(As of 08/25/2019 07:51 AM ET)
Today's Range
$106.35
Now: $106.50
$110.53
50-Day Range
$105.72
MA: $123.78
$136.42
52-Week Range
$105.10
Now: $106.50
$170.49
Volume434,671 shs
Average Volume622,487 shs
Market Capitalization$6.50 billion
P/E Ratio6.94
Dividend Yield2.71%
Beta1.49
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers worldwide. It operates in two segments, Seating and E-Systems. The Seating segment offers leather and fabric products, seat trim covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles; and heating and cooling systems. Read More…

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
CUSIP52186520
Phone248-447-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.15 billion
Cash Flow$25.3571 per share
Book Value$72.07 per share

Profitability

Net Income$1.15 billion

Miscellaneous

Employees81,400
Market Cap$6.50 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

Receive LEA News and Ratings via Email

Sign-up to receive the latest news and ratings for LEA and its competitors with MarketBeat's FREE daily newsletter.


Lear (NYSE:LEA) Frequently Asked Questions

What is Lear's stock symbol?

Lear trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEA."

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

Lear announced a quarterly dividend on Wednesday, August 7th. Stockholders of record on Thursday, August 29th will be given a dividend of $0.75 per share on Tuesday, September 17th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, August 28th. View Lear's Dividend History.

How will Lear's stock buyback program work?

Lear declared that its board has authorized a stock buyback program on Thursday, February 7th 2019, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 15.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) issued its quarterly earnings data on Friday, July, 26th. The auto parts company reported $3.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.82 by $0.04. The auto parts company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $5.03 billion. Lear had a net margin of 4.38% and a return on equity of 23.18%. Lear's quarterly revenue was down 10.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.95 EPS. View Lear's Earnings History.

When is Lear's next earnings date?

Lear is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Lear.

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

Lear issued an update on its FY 2019 earnings guidance on Friday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $19.8-20.3 billion, compared to the consensus revenue estimate of $20.38 billion.

What price target have analysts set for LEA?

16 brokers have issued 12-month price targets for Lear's shares. Their forecasts range from $117.00 to $199.00. On average, they anticipate Lear's stock price to reach $155.8571 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Price Targets for Lear.

What is the consensus analysts' recommendation for Lear?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lear.

Has Lear been receiving favorable news coverage?

Headlines about LEA stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lear earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the auto parts company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Lear.

Are investors shorting Lear?

Lear saw a increase in short interest in July. As of July 15th, there was short interest totalling 1,544,800 shares, an increase of 5.4% from the June 15th total of 1,465,600 shares. Based on an average trading volume of 654,100 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.5% of the company's stock are sold short. View Lear's Current Options Chain.

Who are some of Lear's key competitors?

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), Alibaba Group (BABA), NVIDIA (NVDA), Home Depot (HD), Boeing (BA), Micron Technology (MU), Cisco Systems (CSCO), Lam Research (LRCX), Netflix (NFLX) and Broadcom (AVGO).

Who are Lear's key executives?

Lear's management team includes the folowing people:
  • Mr. Raymond E. Scott Jr., Pres, CEO, Director & Interim Pres of E-Systems (Age 54)
  • Mr. Jeffrey H. Vanneste, Sr. VP & CFO (Age 59)
  • Mr. Terrence B. Larkin, Exec. VP of Bus. Devel., Gen. Counsel & Corp. Sec. (Age 64)
  • Mr. Frank C. Orsini, Exec. VP & Pres of Seating (Age 46)
  • Ms. Amy A. Doyle, VP & Chief Accounting Officer (Age 51)

Who are Lear's major shareholders?

Lear's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.02%), BlackRock Inc. (6.31%), BlackRock Inc. (6.31%), Pzena Investment Management LLC (6.28%), LSV Asset Management (3.70%) and Bank of America Corp DE (1.35%). Company insiders that own Lear stock include Conrad L Mallett, Jr, Donald L Runkle, Frank C Orsini, Henry D G Wallace, Jay K Kunkel, Jeffrey H Vanneste, Jonathan F Foster, Matthew Simoncini, Mel Stephens, Raymond E Scott, Richard Harold Bott, Shari L Burgess, Terrence B Larkin and Thomas A Didonato. View Institutional Ownership Trends for Lear.

Which institutional investors are selling Lear stock?

LEA stock was sold by a variety of institutional investors in the last quarter, including Holocene Advisors LP, AQR Capital Management LLC, APG Asset Management N.V., Bank of New York Mellon Corp, JPMorgan Chase & Co., BlackRock Inc., BlackRock Inc. and BNP Paribas Arbitrage SA. Company insiders that have sold Lear company stock in the last year include Conrad L Mallett, Jr, Richard Harold Bott, Shari L Burgess and Terrence B Larkin. View Insider Buying and Selling for Lear.

Which institutional investors are buying Lear stock?

LEA stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Nuveen Asset Management LLC, Invesco Ltd., Panagora Asset Management Inc., Scout Investments Inc., Point72 Asset Management L.P., Carillon Tower Advisers Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Lear.

How do I buy shares of Lear?

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

What is Lear's stock price today?

One share of LEA stock can currently be purchased for approximately $106.50.

How big of a company is Lear?

Lear has a market capitalization of $6.50 billion and generates $21.15 billion in revenue each year. The auto parts company earns $1.15 billion in net income (profit) each year or $18.22 on an earnings per share basis. Lear employs 81,400 workers across the globe.View Additional Information About Lear.

What is Lear's official website?

The official website for Lear is http://www.lear.com/.

How can I contact Lear?

Lear's mailing address is 21557 TELEGRAPH ROAD, SOUTHFIELD MI, 48033. The auto parts company can be reached via phone at 248-447-1500 or via email at 0.


MarketBeat Community Rating for Lear (NYSE LEA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  559 (Vote Outperform)
Underperform Votes:  619 (Vote Underperform)
Total Votes:  1,178
MarketBeat's community ratings are surveys of what our community members think about Lear and other stocks. Vote "Outperform" if you believe LEA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

Featured Article: Bond

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel