Streetbeat News

LAD

Lithia Motors, Inc.

https://www.lithiainvestorrelations.com

Industry

Auto - Dealerships

Lithia Motors, Inc. operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Luxury. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells vehicle body and parts under the Driveway and GreenCars brand names. As of February 18, 2022, the company operated through 278 stores. It also offers its products online through 300 websites. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.

Open

374.21

Mkt cap

9.9B

Volume

206K

High

374.23

P/E Ratio

12.67

52-wk high

388.36

Low

364.42

Div yield

0.01

52-wk low

243.00

The article highlights Lithia Motors and Rush Enterprises in the Zacks Industry Outlook, focusing on their current market positions and potential future performance.

Portfolio Pulse from

November 14, 2024 | 10:45 am

Despite challenges in the auto retail industry, Lithia Motors (LAD) and Rush Enterprises (RUSHA) are highlighted as resilient stocks that could reward investors.

Portfolio Pulse from

November 13, 2024 | 2:30 pm

Lithia Motors (NYSE:LAD) has significantly outperformed the market over the past 15 years, with an annualized return of 27.68%. A $1000 investment in LAD 15 years ago would be worth $39,430.38 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:00 pm

Guggenheim analyst Ali Faghri has maintained a Buy rating on Lithia Motors (NYSE:LAD) and raised the price target from $350 to $380.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 6:36 pm

Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Lithia Motors (NYSE:LAD) and raises the price target from $299 to $343.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:51 pm

Stephens & Co. analyst Jeff Lick maintains an Overweight rating on Lithia Motors (NYSE:LAD) and raises the price target from $360 to $405.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:25 pm

Several consumer discretionary stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Stride (LRN) with a 34.4% increase following its Q1 earnings report, and Lithia Motors (LAD) with a 10.24% rise after releasing its Q3 earnings. On the losing side, Interactive Strength (TRNR) saw a 15.8% decline.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:31 pm

Texas Instruments and several other companies saw their stock prices rise on Wednesday following strong earnings reports. Texas Instruments reported better-than-expected Q3 earnings and revenue, leading to a 4.3% increase in its stock price. Other companies like Stride, Upwork, and Valmont Industries also experienced significant gains due to positive financial results.

Portfolio Pulse from Avi Kapoor

October 23, 2024 | 2:33 pm

Lithia Motors shares rose as the company reported Q3 adjusted EPS results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:14 pm

Lithia Motors (NYSE:LAD) reported Q3 earnings per share of $8.21, surpassing estimates. Despite missing revenue expectations, the company expanded its market reach by acquiring new stores in Florida. Lithia Motors declared a dividend and continued share repurchases.

Portfolio Pulse from Nabaparna Bhattacharya

October 23, 2024 | 1:21 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.