Lithia Motors Increases Share Buyback Program to $660 Million (2024)

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04:00:02 2024-06-07 pm EDT
5-day change 1st Jan Change
258.1 USD -0.72% Lithia Motors Increases Share Buyback Program to $660 Million (1) +1.96% -21.62%
Jun. 04 Lithia Motors Increases Share Buyback Program to $660 Million MT
May. 20 North American Morning Briefing : Stocks Drift as -2- DJ

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Latest news about Lithia Motors, Inc.

Lithia Motors Increases Share Buyback Program to $660 Million MT
North American Morning Briefing : Stocks Drift as -2- DJ
Guggenheim Downgrades Lithia Motors to Neutral From Buy MT
Goldman Sachs Adjusts Lithia Motors' Price Target to $300 From $334, Maintains Neutral Rating MT
Jefferies Adjusts Lithia Motors' Price Target to $325 From $350, Maintains Buy Rating MT
Wells Fargo Adjusts Lithia Motors' Price Target to $248 From $290, Keeps Equalweight Rating MT
Craig-Hallum Adjusts Lithia Motors' Price Target to $310 From $350, Keeps Buy Rating MT
Pinewood Technologies profit up in first year since strategic overhaul AN
Transcript : Lithia Motors, Inc., Q1 2024 Earnings Call, Apr 24, 2024
Lithia Motors' Q1 Earnings Decline, Revenue Rises; Shares Fall Pre-Bell MT
Tranche Update on Lithia Motors, Inc.'s Equity Buyback Plan announced on March 3, 2016. CI
Earnings Flash (LAD) LITHIA MOTORS Reports Q1 EPS $6.11, vs. Street Est of $7.88 MT
Lithia Motors, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Lithia Motors, Inc. Approves Dividend for the First Quarter of 2024, Payable on May 24, 2024 CI
Lithia Motors to Cut Around 250 Jobs in UK, Shut Down CarStore Used-Car Business MT
Lithia Motors to Cut Jobs at UK Dealerships, Shut Down Used-Car Marketplace CarStore, Financial Times Says MT
BofA Securities Raises Price Target on Lithia Motors to $385 From $380, Maintains Buy Rating MT
Topps Tiles falls again; Gulf Marine rises AN
Pinewood Technologies confirms GBP358 million return plan AN
Shell to book USD600 million first-quarter write-off AN
AutoNation considering bid of Inchcape UK assets AN
Morgan Stanley Raises Price Target on Lithia Motors to $230 From $220, Maintains Underweight Rating MT
Lithia Motors, Inc. Enters Fifth Amendment to Its Fourth Amended and Restated Loan Agreement CI
Lithia Motors Acquires Carousel Motor Group MT
Lithia Motors, Inc. completed the acquisition of Carousel Motor Group, LLC from Pohlad Companies, Inc. CI

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Lithia Motors Increases Share Buyback Program to $660 Million (2)

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Company Profile

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 482 locations representing 51 brands across the United States, United Kingdom, and Canada.

Sector

Calendar

2024-07-16 - Q2 2024 Earnings Release (Projected)

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Income Statement Evolution

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Ratings for Lithia Motors, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B

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Analysts' Consensus

Sell

Lithia Motors Increases Share Buyback Program to $660 Million (3)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

14

Last Close Price

258.1USD

Average target price

317.8USD

Spread / Average Target

+23.13%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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Lithia Motors Increases Share Buyback Program to $660 Million (14)

Lithia Motors Increases Share Buyback Program to $660 Million (2024)

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