STOCK TITAN

Lithia Mtrs Inc Stock Price, News & Analysis

LAD NYSE

Welcome to our dedicated page for Lithia Mtrs news (Ticker: LAD), a resource for investors and traders seeking the latest updates and insights on Lithia Mtrs stock.

Lithia Motors Inc (LAD) operates one of North America's largest automotive retail networks, combining vehicle sales, financing solutions, and service operations across 300+ locations. This page serves as the definitive source for verified corporate developments, providing stakeholders with timely access to earnings announcements, strategic acquisitions, and operational updates.

Investors and industry observers will find curated press releases detailing dealership expansions, financial performance metrics, and leadership initiatives. Our aggregation includes official statements on service network growth, technology implementations, and partnership formations within the automotive ecosystem.

All content undergoes rigorous verification to ensure alignment with SEC compliance standards and corporate disclosure best practices. Bookmark this resource for efficient tracking of LAD's market positioning, inventory strategy developments, and customer experience enhancements across its omnichannel platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.65%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.71%
Tags
none
-
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) announced its record first quarter revenue of $7.0 billion, a 4% increase from $6.7 billion in Q1 2022. However, net income per diluted share dropped 28% to $8.30, with adjusted net income at $8.44, a 29% decline. Overall net income fell to $230 million, down 33% from $344 million a year earlier. The drop in profitability was influenced by unrealized foreign currency losses. Notable performance metrics include a total vehicle gross profit per unit of $5,585, a decrease of $1,240, and a significant increase in service, body, and parts revenues by 17%. The company also acquired 37 locations expected to generate over $2 billion in annual revenues while maintaining a strong balance sheet with $1.4 billion in cash. The Board has approved a dividend increase to $0.50 per share, payable on May 26, 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
Tags
none
-
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) has announced that its first quarter 2023 earnings will be released on April 19, 2023, prior to market opening. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss the earnings results. Lithia & Driveway is recognized as a premier automotive retailer in North America, providing a wide array of vehicles and complementary services such as financing, leasing, and repair.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
none
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) announced its expansion into the United Kingdom through a partnership with Jardine Motors Group, a leading automotive retailer with over 50 premium locations. This acquisition is expected to generate more than $2 billion USD in annual revenues. The deal brings LAD's total annualized revenue to over $2.1 billion in 2023, aligning with its strategic growth plan targeting $50 billion in revenue by 2025. The acquisition was financed using the company's existing resources, showcasing a strong commitment to growth in the luxury automotive market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
-
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) reported a record fourth-quarter revenue of $7.0 billion, an 11% increase from the previous year. However, net income decreased 15% to $250 million, with earnings per share dropping to $9.00, a 6% decline year-over-year. Adjusted net income per diluted share also fell by 21%. The company acquired nine stores in Q4, projected to generate over $560 million in annualized revenues. The Board approved a dividend of $0.42 per share, to be paid on March 24, 2023. Full-year revenue reached $28.2 billion, with a 24% increase compared to 2021. Lithia ended Q4 with approximately $1.6 billion in cash and available credit.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.24%
Tags
none
-
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) announced that it will release its fourth quarter 2022 earnings on February 15, 2023, before the market opens. A conference call to discuss the earnings results is set for the same day at 10:00 a.m. Eastern Time. The company is recognized as a premier automotive retailer in North America, specializing in a wide variety of vehicles and offering comprehensive financing and maintenance options. Lithia’s commitment to modernizing transportation solutions reflects its growth strategy in the automotive retail sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) announced its first acquisition in Kentucky, purchasing Glenn's Freedom CDJR. This strategic move aims to enhance its retail presence in a key region and is projected to generate over $140 million in annualized revenue. In 2022, LAD has acquired 33 stores expected to contribute $3.5 billion in revenue, supporting its ambitious goal of reaching $50 billion in revenue and $55 to $60 in EPS by 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none

FAQ

What is the current stock price of Lithia Mtrs (LAD)?

The current stock price of Lithia Mtrs (LAD) is $296.5 as of May 2, 2025.

What is the market cap of Lithia Mtrs (LAD)?

The market cap of Lithia Mtrs (LAD) is approximately 7.6B.
Lithia Mtrs Inc

NYSE:LAD

LAD Rankings

LAD Stock Data

7.62B
25.48M
1.22%
107.6%
6.68%
Auto & Truck Dealerships
Retail-auto Dealers & Gasoline Stations
Link
United States
MEDFORD