Lear Corporation (LEA)

NYSE: LEA · IEX Real-Time Price · USD
141.21
-0.56 (-0.40%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.40%
Market Cap 8.23B
Revenue (ttm) 23.00B
Net Income (ttm) 562.70M
Shares Out 58.26M
EPS (ttm) 9.47
PE Ratio 14.91
Forward PE 9.61
Dividend $3.08 (2.18%)
Ex-Dividend Date Dec 5, 2023
Volume 256,352
Open 142.10
Previous Close 141.77
Day's Range 140.78 - 142.73
52-Week Range 117.79 - 157.91
Beta 1.57
Analysts Buy
Price Target 162.40 (+15.01%)
Earnings Date Feb 6, 2024

About LEA

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility ... [Read more]

Industry Auto Parts
Founded 1917
Employees 168,700
Stock Exchange NYSE
Ticker Symbol LEA
Full Company Profile

Financial Performance

In 2022, LEA's revenue was $20.89 billion, an increase of 8.45% compared to the previous year's $19.26 billion. Earnings were $327.70 million, a decrease of -12.36%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $162.4, which is an increase of 15.01% from the latest price.

Price Target
$162.4
(15.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lear Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call

SOUTHFIELD, Mich. , Dec. 18, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's four...

13 days ago - PRNewsWire

Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

SOUTHFIELD, Mich. , Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023,...

4 weeks ago - PRNewsWire

Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich. , Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...

6 weeks ago - PRNewsWire

Lear Reports Third Quarter Results and Increases 2023 Financial Outlook

SOUTHFIELD, Mich. , Oct. 26, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2023 and in...

2 months ago - PRNewsWire

Lear Capital Releases George Washington Coins, First In ‘Shrine of Democracy' Series

LOS ANGELES--(BUSINESS WIRE)--An exciting and unique “Shrine of Democracy” gold and silver coin series issued by Lear Capital kicks off with the release of George Washington coins that celebrate the b...

2 months ago - Business Wire

Lear Announces Date for Third Quarter 2023 Earnings Conference Call

SOUTHFIELD, Mich. , Oct. 2, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's third...

3 months ago - PRNewsWire

UAW strikes threaten already vulnerable auto parts suppliers

In the face of prolonged strikes, some smaller suppliers are cutting workers or announcing plans to do so.

Other symbols: FGMSTLAADNTMGA
3 months ago - CNBC

Auto parts makers' stocks rally, as UAW's expanded strike provides a boost

Shares of auto parts makers traded mostly higher Friday, after the United Auto Workers union said it was expanding its strike to nearly 40 in-house auto-parts distribution centers of General Motors Co...

Other symbols: APTVGNTXMGA
3 months ago - Market Watch

UAW strike could affect auto-parts companies Lear, Magna the most: CFRA

Auto-parts suppliers Lear Corp. LEA, -4.29% and Magna International Inc. MGA, -4.02% are the companies with the “greatest counterparty exposure” to a possible UAW strike, Garrett Nelson at CFRA said i...

3 months ago - Market Watch

Lear to Participate in the Morgan Stanley 11th Annual Laguna Conference

SOUTHFIELD, Mich., Aug. 31, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 13, 2023...

4 months ago - PRNewsWire

Lear Wins 4 First-Place J.D. Power 2023 Awards, Leads in the Number of Top 3 Finishes

SOUTHFIELD, Mich. , Aug. 24, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, received four first-place J.D.

4 months ago - PRNewsWire

Lear Reports Improved Second Quarter 2023 Results

SOUTHFIELD, Mich. , Aug. 1, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2023.

5 months ago - PRNewsWire

Lear Capital Predicts: Silver Could Spike in 2023

LOS ANGELES--(BUSINESS WIRE)--Investors seeking options in the volatile commodities market would be wise to look to silver in 2023, as the value of the precious metal is predicted to remain bullish fo...

5 months ago - Business Wire

CVS, Phillips 66 and Lear Look Good on This Gauge

A good tool for spotting turnaround candidates is the price-sales ratio.

Other symbols: CVSPSX
5 months ago - GuruFocus

Lear Publishes 2022 Sustainability Report, Makes Progress on Goals

Lear on track to reduce carbon emissions by 50% by 2030 SOUTHFIELD, Mich. , July 13, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, ...

6 months ago - PRNewsWire

Lear Announces Date for Second Quarter 2023 Earnings Conference Call

SOUTHFIELD, Mich. , July 3, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's secon...

6 months ago - PRNewsWire

Lear Increases 2023 Financial Outlook and Target Margins in Seating

SOUTHFIELD, Mich. , June 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, increased the Company's 2023 financial outlook and Seati...

6 months ago - PRNewsWire

Lear stock surges after auto seats maker raised outlook for sales, earnings and cash flow

Shares of Lear Corp. LEA, +1.75% surged 3.1% in premarket trading Tuesday, after the auto seats maker raised its full-year outlook for sales and adjusted earnings, and said it expects market share to ...

6 months ago - Market Watch

Lear to Outline Long-Term Seating Growth Strategy, Expanded Thermal Comfort Systems Portfolio During its Seating Product Day; Increases 2023 Financial Outlook

SOUTHFIELD, Mich. , June 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today will update its long-term seating growth strategy ...

6 months ago - PRNewsWire

Lear to Host Seating Product Day on June 27, 2023

SOUTHFIELD, Mich. , June 22, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will host a Seating Product Day on June 27, 2023, at its...

6 months ago - PRNewsWire

Lear to Participate in the Deutsche Bank Global Auto Industry Conference

SOUTHFIELD, Mich. , May 24, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 14, 2023, at ...

7 months ago - PRNewsWire

Clarience Technologies Partners with 2023 Chevrolet Detroit Grand Prix Presented by Lear

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Clarience Technologies has announced its partnership with the Chevrolet Detroit Grand Prix presented by Lear.

8 months ago - Business Wire

Diamond Hill Capital Buys Allstate, Lear

Earlier this week, investment firm Diamond Hill Capital (Trades, Portfolio) disclosed its equity portfolio for the first quarter, which ended March 31.

Other symbols: ALL
8 months ago - GuruFocus

Lear Reports First Quarter 2023 Results

SOUTHFIELD, Mich. , April 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2023.

8 months ago - PRNewsWire

Lear Completes Acquisition of I.G. Bauerhin

Acquisition is Final Piece in Thermal Comfort Systems Strategy SOUTHFIELD, Mich. , April 26, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-S...

8 months ago - PRNewsWire