Lithia Motors, Inc. is one of the largest providers of personal transportation solutions in the United States and is among the fastest growing companies in the Fortune 500 (#265-2019). Lithia is a growth company powered by people and innovation. By purchasing and building strong businesses that have yet to realize their potential, Lithia generates significant cash flows while maintaining low leverage. Operational excellence is achieved by refocusing the business on the consumer experience and by utilizing proprietary performance measurements to increase market share and profitability. Lithia's unique growth model reinvests to expand its nationwide network and to fund innovations that create personal transportation solutions wherever, whenever and however consumers desire.

Company profile
Ticker
LAD
Exchange
Website
CEO
Bryan DeBoer
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
797 Valley Street LLC • 6200 Centennial Center Holdco, LLC • 7150 West Sahara Holdco, LLC • 7200 West Sahara Property Holdco II, LLC • Ann Arbor-B, LLC • Ann Arbor-CC, LLC • Ann Arbor-CJD, LLC • Ann Arbor-M, LLC • Austin-H, Inc. • Austin-KI, Inc. ...
IRS number
930572810
LAD stock data
News

A Look Into Consumer Cyclical Sector Value Stocks
7 Jun 22
Morgan Stanley Maintains Underweight on Lithia Motors, Lowers Price Target to $260
23 May 22
Lithia Motors Acquires Sisley Honda Dealership In Ontario
3 May 22
What 4 Analyst Ratings Have To Say About Lithia Motors
21 Apr 22
Guggenheim Maintains Buy on Lithia Motors, Raises Price Target to $578
21 Apr 22
Press releases
Driveway Eclipses Key Monthly Transaction and Unique Visitor Milestones
8 Jun 22
Lithia & Driveway (LAD) Continues Canadian Expansion with the Addition of Sisley Honda
3 May 22
LITHIA & DRIVEWAY (LAD) INCREASES REVENUE 54%, EPS 99%, AND ADJUSTED EPS 103%, RECORD FIRST QUARTER PERFORMANCE
20 Apr 22
Lithia & Driveway (LAD) Schedules Release of First Quarter 2022 Results
6 Apr 22
Analyst ratings and price targets
Current price
Average target
$392.00
Low target
$260.00
High target
$578.00
Morgan Stanley
Maintains
$260.00
Guggenheim
Maintains
$578.00
Wells Fargo
Maintains
$350.00
JP Morgan
Maintains
$380.00
Investment data
Securities sold
Number of investors
Calendar
28 Apr 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 165.2M | 165.2M | 165.2M | 165.2M | 165.2M | 165.2M |
Cash burn (monthly) | 4.43M | 883.33K | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 12.75M | 2.54M | n/a | n/a | n/a | n/a |
Cash remaining | 152.45M | 162.66M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 34.4 | 184.1 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Jun 22 | Deboer Sidney B | Common Stock | Gift | Dispose G | No | No | 0 | 10,000 | 0 | 35,779 |
8 Jun 22 | Deboer Sidney B | Common Stock | Sell | Dispose S | No | No | 312.5726 | 1,041 | 325.39K | 45,779 |
8 Jun 22 | Deboer Sidney B | Common Stock | Sell | Dispose S | No | No | 311.967 | 3,959 | 1.24M | 46,820 |
6 Jun 22 | Deboer Sidney B | Common Stock | Sell | Dispose S | Yes | No | 310.01 | 998 | 309.39K | 0 |
17 May 22 | Deboer Sidney B | Common Stock | Sell | Dispose S | No | No | 305 | 5,000 | 1.53M | 50,779 |
2 May 22 | Deboer Sidney B | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 44 | 0 | 55,779 |
2 May 22 | Roberts Kenneth E | Common Stock | Gift | Acquire G | Yes | No | 0 | 136 | 0 | 52,047 |
2 May 22 | Roberts Kenneth E | Common Stock | Gift | Dispose G | No | No | 0 | 136 | 0 | 33,505 |
27 Apr 22 | Deboer Sidney B | Common Stock | Grant | Acquire A | No | No | 0 | 541 | 0 | 55,823 |
27 Apr 22 | Roberts Kenneth E | Common Stock | Grant | Acquire A | No | No | 0 | 541 | 0 | 33,641 |
Institutional ownership, Q1 2022
98.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 420 |
Opened positions | 65 |
Closed positions | 74 |
Increased positions | 153 |
Reduced positions | 136 |
13F shares | Current |
---|---|
Total value | 8.34B |
Total shares | 28.46M |
Total puts | 194.85K |
Total calls | 202K |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.89M | $868.05M |
BLK Blackrock | 2.47M | $741.26M |
Abrams Capital Management | 2.35M | $705.6M |
Barrow Hanley Mewhinney & Strauss | 1.01M | $302.31M |
Deboer Sidney B | 1M | $99.15M |
Brave Warrior Advisors | 885.11K | $265.64M |
Park West Asset Management | 834.38K | $250.42M |
STT State Street | 807.87K | $242.46M |
Southpoint Capital Advisors | 804.97K | $241.59M |
Harris Associates L P | 778.5K | $233.64M |
Financial report summary
?Management Discussion
- For the year ended December 31, 2021, we reported net income of $1.1 billion, or $36.54 per diluted share. For the years ended December 31, 2020 and 2019, we reported net income of $470.3 million, or $19.53 per diluted share, and $271.5 million, or $11.6 per diluted share, respectively.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
|
New words:
affordability, American, breakdown, captive, car, cessation, channel, Chevrolet, compelling, complementary, Desert, electric, engine, explore, FICO, learning, long, magnetic, marketplace, massive, November, originated, realized, resource, Sahara, score, solution, Sullivan, synergistic, systematically, transformative, twenty
Removed:
ASU, attract, capture, Codification, consolidate, Continuation, country, creation, cycle, expertise, FASB, favorably, furloughed, guidance, impacted, indenture, integration, knowledge, leading, monetize, nationwide, online, permitted, personal, positively, powered, premium, pronouncement, reviewed, Sacramento, shop, Simplifying, state, touch
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
8 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
29 Apr 22
8-K
Increases Dividend to $0.42 Per Share for First Quarter
20 Apr 22
8-K
Lithia & Driveway (Lad) Increases Revenue 60%, Eps 36%, and Adjusted Eps 109%, Record Fourth Quarter Performance
9 Feb 22
8-K
Other Events
30 Nov 21
8-K
Lithia & Driveway (Lad) Increases Revenue 70%, Eps 47 %, and Adjusted Eps 63%, Record Third Quarter Performance
20 Oct 21
8-K
Entry into a Material Definitive Agreement
3 Sep 21
8-K
Departure of Directors or Certain Officers
23 Jul 21
8-K
Lithia & Driveway (Lad) Reports Highest Second Quarter Earnings
21 Jul 21
8-K
Entry into a Material Definitive Agreement
9 Jun 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
21 May 21
424B5
Prospectus supplement for primary offering
18 May 21
424B5
Prospectus supplement for primary offering
2 Oct 20
FWP
Free writing prospectus
29 Sep 20
424B5
Prospectus supplement for primary offering
29 Sep 20
424B5
Prospectus supplement for primary offering
24 Jul 20
S-3ASR
Automatic shelf registration
21 Jul 20
S-8
Registration of securities for employees
7 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
6 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Feb 19
Proxies
DEFA14A
Additional proxy soliciting materials
11 Mar 22
DEFA14A
Additional proxy soliciting materials
2 Apr 21
DEFA14A
Additional proxy soliciting materials
15 Mar 21
PRE 14A
Preliminary proxy
5 Mar 21
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEFA14A
Additional proxy soliciting materials
11 Mar 20
DEF 14A
Definitive proxy
11 Mar 19
Other
UPLOAD
Letter from SEC
29 Sep 20
CORRESP
Correspondence with SEC
27 Sep 20
UPLOAD
Letter from SEC
16 Sep 20
UPLOAD
Letter from SEC
27 Oct 15
CORRESP
Correspondence with SEC
19 Oct 15
UPLOAD
Letter from SEC
5 Oct 15
CORRESP
Correspondence with SEC
14 Sep 15
UPLOAD
Letter from SEC
31 Aug 15
UPLOAD
Letter from SEC
18 Mar 15
CORRESP
Correspondence with SEC
4 Mar 15
Ownership
11-K
Annual report of employee stock purchases
24 Jun 22
4
LITHIA MOTORS / SIDNEY B DEBOER ownership change
9 Jun 22
4
LITHIA MOTORS / SIDNEY B DEBOER ownership change
7 Jun 22
4
LITHIA MOTORS / SIDNEY B DEBOER ownership change
18 May 22
4
LITHIA MOTORS / Shauna McIntyre ownership change
2 May 22
4
LITHIA MOTORS / SIDNEY B DEBOER ownership change
2 May 22
4
LITHIA MOTORS / Susan O Cain ownership change
2 May 22
4
LITHIA MOTORS / Louis Miramontes ownership change
2 May 22
4
LITHIA MOTORS / Kenneth E Roberts ownership change
2 May 22
4
LITHIA MOTORS / David J Robino ownership change
2 May 22
Transcripts
2022 Q1
Earnings call transcript
20 Apr 22
2021 Q4
Earnings call transcript
9 Feb 22
2021 Q3
Earnings call transcript
20 Oct 21
2021 Q2
Earnings call transcript
21 Jul 21
2021 Q2
Earnings call transcript
21 Apr 21
2020 Q4
Earnings call transcript
3 Feb 21
2020 Q3
Earnings call transcript
21 Oct 20
2020 Q2
Earnings call transcript
22 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
2019 Q4
Earnings call transcript
12 Feb 20
Reddit threads
Lithia Motors, Inc. - A Primer (NYSE: LAD)
16 May 22
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
(4/20) Wednesday's Pre-Market Stock Movers & News
20 Apr 22
Daily Discussion Thread - April 20th, 2022
20 Apr 22
Daily Discussion Thread - April 19, 2022
19 Apr 22
Daily Discussion Thread - April 19th, 2022
19 Apr 22
Jim Cramer's, 04/14 Mad Money Stock Recommendations
18 Apr 22
Jim Cramer's, 04/14 Mad Money Stock Recommendations
18 Apr 22
Daily Discussion Thread - April 18th, 2022
18 Apr 22