2 weeks Ago By ABMN Staff
Lithia Motors, Inc. ( NYSE:LAD – Free Report ) – Equities researchers at Seaport Res Ptn boosted their FY2025 earnings per share (EPS) estimates for Lithia Motors in a report issued on Sunday, April 20th. Seaport Res Ptn analyst G.
Chin now forecasts that the company will post earnings per share of $36.46 for the year, up from their previous forecast of $35.64.
The consensus estimate for Lithia Motors’ current full-year earnings is $34.45 per share. Lithia Motors ( NYSE:LAD – Get Free Report ) last posted its earnings results on Wednesday, April 23rd.
The company reported $7.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.77 by ($0.
11). Lithia Motors had a net margin of 2.21% and a return on equity of 12.
43%. The company had revenue of $9.18 billion for the quarter, compared to the consensus estimate of $9.
19 billion. Get Our Latest Research Report on Lithia Motors Lithia Motors Trading Up 5.1 % Shares of LAD stock opened at $292.
37 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 0.
28 and a debt-to-equity ratio of 1.22. Lithia Motors has a 12-month low of $243.
00 and a 12-month high of $405.68. The stock has a market capitalization of $7.
69 billion, a P/E ratio of 9.85, a P/E/G ratio of 4.65 and a beta of 1.
61. The firm’s 50 day moving average is $306.73 and its 200 day moving average is $340.
59. Institutional Trading of Lithia Motors Large investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in Lithia Motors during the third quarter worth approximately $217,000.
Tidal Investments LLC increased its position in shares of Lithia Motors by 19.8% during the 3rd quarter. Tidal Investments LLC now owns 3,927 shares of the company’s stock valued at $1,247,000 after purchasing an additional 648 shares during the last quarter.
Franklin Resources Inc. increased its position in shares of Lithia Motors by 2.4% during the 3rd quarter.
Franklin Resources Inc. now owns 95,899 shares of the company’s stock valued at $29,585,000 after purchasing an additional 2,261 shares during the last quarter. Retirement Systems of Alabama lifted its position in Lithia Motors by 46.
9% in the third quarter. Retirement Systems of Alabama now owns 75,984 shares of the company’s stock worth $24,136,000 after buying an additional 24,258 shares during the last quarter. Finally, JPMorgan Chase & Co.
lifted its position in Lithia Motors by 17.0% in the third quarter. JPMorgan Chase & Co.
now owns 259,916 shares of the company’s stock worth $82,560,000 after buying an additional 37,677 shares during the last quarter. Insider Activity In related news, COO Adam Chamberlain sold 403 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $384.
28, for a total transaction of $154,864.84. Following the completion of the transaction, the chief operating officer now directly owns 2,605 shares of the company’s stock, valued at approximately $1,001,049.
40. This represents a 13.40 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, Director Congdon Stacy Loretz sold 270 shares of Lithia Motors stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $298.
80, for a total value of $80,676.00. Following the completion of the sale, the director now directly owns 1,213 shares in the company, valued at approximately $362,444.
40. The trade was a 18.21 % decrease in their position.
The disclosure for this sale can be found here . Insiders have sold a total of 1,246 shares of company stock worth $433,724 over the last quarter. Insiders own 0.
87% of the company’s stock. Lithia Motors Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be issued a dividend of $0.
55 per share. This is a positive change from Lithia Motors’s previous quarterly dividend of $0.53.
This represents a $2.20 dividend on an annualized basis and a yield of 0.75%.
The ex-dividend date is Friday, May 9th. Lithia Motors’s dividend payout ratio (DPR) is 6.93%.
Lithia Motors Company Profile ( Get Free Report ) 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. Read More Receive News & Ratings for Lithia Motors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithia Motors and related companies with MarketBeat.com's FREE daily email newsletter .
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