Lithia Motors, Inc. (NYSE:LAD) Updates On Dividend Release Date


On 2016-07-28, Lithia Motors, Inc. (NYSE:LAD) confirmed the dividend disbursement of $0.25 a share to shareholders as on record 2016-08-12. The firm will release dividend on 2016-08-26 while ex-dividend date is reported to be 2016-08-10.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Lithia Motors, Inc. (NYSE:LAD) paid a total of $0.25 per share in dividends. This figure stood at $0.25 a share in the same period a year ago indicating a deviation of 24.5902%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $102.833 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $122 and $85, respectively.

Taking the mathematical rating formula, the price for Lithia Motors, Inc. (NYSE:LAD) stands at 1.43. Earnings Review Lithia Motors, Inc. (NYSE:LAD) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $2.17.

Coming to the quarter ending on 2015-12-31, Lithia Motors, Inc. (NYSE:LAD) recorded EPS of $1.96. The reported numbers came lower than the analysts’ estimates of $1.95, demonstrating a miss of $0.01 as against reported figures.

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