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Lithia Motors ( (LAD) ) has issued an announcement.
On July 29, 2026, Lithia & Driveway reported second quarter 2026 results showing record revenue of $9.8 billion, a 2% year-over-year increase, with diluted earnings per share rising 17% to $11.54 and adjusted diluted EPS up 9% to $10.03. Despite adjusted net income slipping 6% to $227.6 million, the group highlighted stronger used vehicle gross profits, higher aftersales margins, sequential SG&A efficiency and record financing income and originations.
Corporate development remained active as LAD acquired five stores and divested three, adding a net $220 million in expected annualized revenue, while ending the quarter with about $1.3 billion in cash, securities and credit availability. The board approved a second-quarter dividend of $0.70 per share to be paid on August 21, 2026 and the company repurchased roughly 854,000 shares for $242 million, leaving $620 million under its authorization, underscoring continued capital returns and confidence in long-term positioning.
The most recent analyst rating on (LAD) stock is a Buy
with a $360.00 price target.
To see the full list of analyst forecasts on Lithia Motors stock,
see the LAD Stock Forecast page.
Spark’s Take on LAD Stock
According to Spark, TipRanks’ AI Analyst, LAD is a Neutral.
The score is driven primarily by solid financial performance (strong revenue growth and improved TTM cash generation, albeit with margin compression and elevated leverage). Earnings-call commentary is moderately positive due to finance-business scaling and capital returns, while technicals are improving but still mixed versus longer-term averages. Valuation is reasonable on P/E but supported less by a low dividend yield.
To see Spark’s full report on LAD stock,
click here.
More about Lithia Motors
Lithia & Driveway (NYSE: LAD), based in Medford, Oregon, is the world’s largest global automotive retailer, offering a broad range of products and services across the vehicle ownership lifecycle. The company operates a network of physical dealerships, e-commerce platforms, captive finance solutions and fleet management services, aiming to modernize personal transportation through diversified, scalable and consumer-centric solutions.
Its competitively differentiated ecosystem spans traditional auto retailing, used vehicle sales, aftersales service and financing operations, positioning LAD to capture growth in a fragmented industry while providing simple, transparent experiences to customers. This integrated model supports consistent, profitable expansion and gives the group flexibility to pursue acquisitions and digital initiatives across markets and channels.
Average Trading Volume: 295,007
Technical Sentiment Signal: Strong Buy
Current Market Cap: $7.88B
See more data about LAD stock on TipRanks’ Stock Analysis page.