LKQ Corporation (NASDAQ:LKQ – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Thursday, November 19th will be given a dividend of $0.30 per share by the auto parts company on Thursday, December 3rd. This represents a $1.20 annualized dividend and a yield of 6.6%. The ex-dividend date is Thursday, November 19th.
LKQ has a dividend payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Analysts expect LKQ to earn $2.93 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 41.0%.
LKQ Trading Up 5.3%
NASDAQ LKQ traded up $0.91 during trading on Thursday, reaching $18.10. 8,389,137 shares of the stock traded hands, compared to its average volume of 3,217,104. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 10.06 and a beta of 0.87. The stock’s 50-day moving average price is $23.07 and its 200 day moving average price is $27.37. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. LKQ has a fifty-two week low of $16.85 and a fifty-two week high of $37.13.
LKQ (NASDAQ:LKQ – Get Free Report) last posted its earnings results on Thursday, October 29th. The auto parts company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.11). The firm had revenue of $3.32 billion during the quarter, compared to analyst estimates of $3.36 billion. LKQ had a return on equity of 10.84% and a net margin of 3.37%. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter last year, the business posted $0.84 earnings per share. Analysts predict that LKQ will post 2.58 EPS for the current year.
LKQ News Summary
Here are the key news stories impacting LKQ this week:
- Positive Sentiment: Barclays upgraded LKQ to Overweight from Equal Weight, suggesting the stock’s sharp decline has created an attractive valuation opportunity. Barclays raises LKQ to Overweight
- Positive Sentiment: LKQ reported adjusted third-quarter earnings of $0.50 per share, above Zacks’ $0.48 consensus estimate, although the result was substantially below the $0.84 earned a year earlier. LKQ beats Zacks Q3 earnings estimate
- Neutral Sentiment: Management is launching a strategic and operational reset focused on improving execution and profitability. The company also provided an investor presentation outlining its third-quarter performance and priorities. LKQ third-quarter investor presentation
- Negative Sentiment: Third-quarter revenue fell 5.1% year over year to $3.32 billion, below the $3.36 billion analyst estimate, while reported coverage characterized the quarter as a loss. Adjusted EPS of $0.50 also missed the broader $0.61 consensus cited by several outlets. LKQ third-quarter results
- Negative Sentiment: LKQ suspended full-year 2026 guidance and paused its strategic review as European performance lagged; North American organic revenue also declined. The loss of guidance increases uncertainty around earnings estimates and valuation. LKQ suspends guidance and pauses strategic review
- Negative Sentiment: Two law firms announced investigations into potential securities-law violations involving LKQ. These announcements do not establish wrongdoing but could add legal costs and investor uncertainty. LKQ securities-law investigation
LKQ Company Profile
LKQ Corporation is a global distributor of automotive parts and accessories. The company supplies replacement parts, components and equipment to professional repair shops, collision-repair businesses, insurers, dealerships and other commercial customers. Its product offerings include recycled original-equipment parts, aftermarket parts, specialty vehicle products, tools and equipment.
LKQ’s operations include the procurement, dismantling and distribution of salvaged vehicles, allowing it to provide recycled engines, transmissions, body panels and other components.
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