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Lithia & Driveway Jumps After Q3 Earnings Beat and Dividend Hike

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Lithia & Driveway (LAD) is up 8.2% today. Here is some analysis on what might have caused this price movement. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))

Analysis: The most likely driver is a strong third-quarter report that paired better-than-expected earnings and revenue with a higher dividend. Investors also appeared to respond well to stronger used-vehicle profitability, expanding aftersales margins, and rapid growth in financing income. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))

Details:

  • LAD reported record third-quarter revenue of about $9.9 billion, while adjusted diluted EPS rose to $10.34 and topped analyst expectations referenced in market coverage. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))
  • GAAP diluted EPS climbed 54% year over year to $13.22, helped in part by a lower share count after aggressive buybacks. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))
  • Used retail gross profit per unit increased by $197 from a year earlier, aftersales same-store gross profit rose 2.4%, and financing operations income jumped 69% to $32.3 million. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))
  • The board also raised the quarterly dividend 7% to $0.75 per share, while the company highlighted fresh Southeast expansion with four Memphis dealerships expected to add about $250 million in annualized revenue. ([investors.lithiadriveway.com](https://investors.lithiadriveway.com/press-releases/mvhwydaykil9dpf74w))
  • Sources:

    Lithia & Driveway Investor Relations, Investing.com, MarketBeat

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $LAD Insider Trading Activity

    $LAD insiders have traded $LAD stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

    Here’s a breakdown of recent trading of $LAD stock by insiders over the last 6 months:

    • DAVID STORK (Chief Administrative Officer) sold 320 shares for an estimated $119,515
    • RICHARD J JR BAILEY sold 297 shares for an estimated $83,330
    • CONGDON STACY LORETZ has made 0 purchases and 2 sales selling 150 shares for an estimated $51,429.

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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    $LAD Hedge Fund Activity

    We have seen 211 institutional investors add shares of $LAD stock to their portfolio, and 220 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $LAD Price Targets

    Multiple analysts have issued price targets for $LAD recently. We have seen 5 analysts offer price targets for $LAD in the last 6 months, with a median target of $348.0.

    Here are some recent targets:

    • John Murphy from B of A Securities set a target price of $417.0 on 07/09/2026
    • Colin Langan from Wells Fargo set a target price of $306.0 on 07/06/2026
    • Robert Saltzman from UBS set a target price of $348.0 on 05/27/2026
    • Rajat Gupta from JP Morgan set a target price of $325.0 on 05/07/2026
    • Michael Ward from Citigroup set a target price of $365.0 on 05/01/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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