Lithia Motors, Inc. (NYSE:LAD – Free Report) – Equities research analysts at Zacks Research cut their FY2026 EPS estimates for shares of Lithia Motors in a research note issued to investors on Tuesday, August 12th. Zacks Research analyst R. Department now forecasts that the company will earn $35.41 per share for the year, down from their prior estimate of $35.50. The consensus estimate for Lithia Motors’ current full-year earnings is $34.45 per share.
A number of other equities research analysts also recently weighed in on the stock. Citigroup boosted their price objective on shares of Lithia Motors from $378.00 to $383.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Guggenheim lowered their price objective on shares of Lithia Motors from $383.00 to $380.00 and set a “buy” rating for the company in a research report on Monday. Wells Fargo & Company lowered their price objective on shares of Lithia Motors from $364.00 to $317.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 30th. The Goldman Sachs Group initiated coverage on shares of Lithia Motors in a research report on Tuesday, June 3rd. They set a “neutral” rating and a $340.00 price objective for the company. Finally, Bank of America boosted their price objective on shares of Lithia Motors from $430.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, June 16th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Lithia Motors currently has a consensus rating of “Moderate Buy” and an average price target of $379.00.
Lithia Motors Stock Performance
Shares of Lithia Motors stock opened at $314.64 on Wednesday. The firm has a market cap of $8.07 billion, a PE ratio of 9.33, a price-to-earnings-growth ratio of 0.46 and a beta of 1.30. The firm’s 50-day simple moving average is $322.48 and its 200-day simple moving average is $320.12. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.29 and a current ratio of 1.22. Lithia Motors has a 1 year low of $255.32 and a 1 year high of $405.67.
Lithia Motors (NYSE:LAD – Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $10.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.78 by $0.46. The business had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.56 billion. Lithia Motors had a net margin of 2.39% and a return on equity of 13.21%.
Lithia Motors Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, August 8th will be paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, August 8th. Lithia Motors’s dividend payout ratio is currently 6.52%.
Insider Buying and Selling at Lithia Motors
In related news, Director Shauna Mcintyre sold 256 shares of the business’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $293.05, for a total transaction of $75,020.80. Following the sale, the director owned 1,376 shares of the company’s stock, valued at $403,236.80. The trade was a 15.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.87% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Jump Financial LLC increased its holdings in shares of Lithia Motors by 65.1% in the second quarter. Jump Financial LLC now owns 39,642 shares of the company’s stock valued at $13,392,000 after buying an additional 15,637 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Lithia Motors by 49.8% in the second quarter. EverSource Wealth Advisors LLC now owns 821 shares of the company’s stock valued at $277,000 after buying an additional 273 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Lithia Motors by 2.4% in the second quarter. M&T Bank Corp now owns 1,488 shares of the company’s stock valued at $503,000 after buying an additional 35 shares in the last quarter. Panagora Asset Management Inc. increased its holdings in shares of Lithia Motors by 63.6% in the second quarter. Panagora Asset Management Inc. now owns 1,273 shares of the company’s stock valued at $430,000 after buying an additional 495 shares in the last quarter. Finally, River Road Asset Management LLC increased its holdings in shares of Lithia Motors by 26.4% in the second quarter. River Road Asset Management LLC now owns 412,516 shares of the company’s stock valued at $139,356,000 after buying an additional 86,121 shares in the last quarter.
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.
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