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Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $360.00 | Overweight | Stephens |
8/9/2024 | $338.00 | Neutral → Buy | Guggenheim |
6/10/2024 | $270.00 → $280.00 | Neutral → Overweight | JP Morgan |
5/17/2024 | Buy → Neutral | Guggenheim | |
1/17/2024 | $400.00 | Outperform | Evercore ISI |
10/31/2023 | $295.00 | Overweight → Neutral | JP Morgan |
1/13/2023 | $212.00 → $233.00 | Overweight → Equal Weight | Wells Fargo |
12/13/2022 | $245.00 | Neutral | Citigroup |
4 - LITHIA MOTORS INC (0001023128) (Issuer)
4 - LITHIA MOTORS INC (0001023128) (Issuer)
4 - LITHIA MOTORS INC (0001023128) (Issuer)
Stephens initiated coverage of Lithia Motors with a rating of Overweight and set a new price target of $360.00
Guggenheim upgraded Lithia Motors from Neutral to Buy and set a new price target of $338.00
JP Morgan upgraded Lithia Motors from Neutral to Overweight and set a new price target of $280.00 from $270.00 previously
10-Q - LITHIA MOTORS INC (0001023128) (Filer)
8-K - LITHIA MOTORS INC (0001023128) (Filer)
8-K - LITHIA MOTORS INC (0001023128) (Filer)
SC 13G - LITHIA MOTORS INC (0001023128) (Subject)
SC 13G/A - LITHIA MOTORS INC (0001023128) (Subject)
SC 13G - LITHIA MOTORS INC (0001023128) (Subject)
Announces Dividend of $0.53 per Share for Third Quarter MEDFORD, Ore., Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue in company history and the second profitable quarter for Financing Operations, which includes Driveway Finance Corporation. Third quarter 2024 revenue increased 11% to $9.2 billion from $8.3 billion in the third quarter of 2023. Third quarter 2024 diluted earnings per share attributable to LAD was $7.80, an 18% decrease from $9.46 per share reported in the third quarter of 2023. Third quarter 2024 adj
MEDFORD, Ore., Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest
MEDFORD, Ore., Sept. 10, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today it has continued to expand its footprint in the highly profitable U.S. Southeast Region with the purchase of three stores from the Duval Motor Company in Jacksonville and Gainesville, Florida. Combined, these newly acquired Acura, Honda, and Subaru stores are projected to generate over $200 million in annualized revenue. These high-performing Duval stores mark LAD's debut in these markets. These additions will strengthen LAD's import and luxury store footprint in Florida and extend the g
Lithia Motors's (NYSE:LAD) short percent of float has fallen 6.13% since its last report. The company recently reported that it has 2.54 million shares sold short, which is 10.56% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.91 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
In the latest quarter, 6 analysts provided ratings for Lithia Motors (NYSE:LAD), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 3 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 0 3 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $286.33, a high estimate of $330.00, and a low estimate of $248.00. This current average has decreased by
B of A Securities analyst John Murphy maintains Lithia Motors (NYSE:LAD) with a Buy and raises the price target from $320 to $330.
Announces Dividend of $0.53 per Share for Third Quarter MEDFORD, Ore., Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest third quarter revenue in company history and the second profitable quarter for Financing Operations, which includes Driveway Finance Corporation. Third quarter 2024 revenue increased 11% to $9.2 billion from $8.3 billion in the third quarter of 2023. Third quarter 2024 diluted earnings per share attributable to LAD was $7.80, an 18% decrease from $9.46 per share reported in the third quarter of 2023. Third quarter 2024 adj
MEDFORD, Ore., Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website, or for replay, visit investors.lithiadriveway.com and click on quarterly earnings. About Lithia & Driveway (LAD) Lithia & Driveway (NYSE:LAD) is one of the largest
Announces Dividend of $0.53 per Share for Second Quarter MEDFORD, Ore., Aug. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported the highest second quarter revenue in company history and the first profitable quarter for Financing Operations, which includes Driveway Finance Corporation. Second quarter 2024 revenue increased 14% to $9.2 billion from $8.1 billion in the second quarter of 2023. Second quarter 2024 net income attributable to LAD per diluted share was $7.87, a 27% decrease from $10.78 per diluted share reported in the second quarter of 2023. Adjusted