LKQ Corporation (NASDAQ:LKQ) Announces Quarterly Dividend of $0.30

LKQ Corporation (NASDAQ:LKQ – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Thursday, November 19th will be paid a dividend of $0.30 per share by the auto parts company on Thursday, December 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Thursday, November 19th.

LKQ has a payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Equities 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 Stock Performance

LKQ stock traded up $0.91 during trading on Thursday, reaching $18.10. The stock had a trading volume of 8,389,137 shares, compared to its average volume of 3,217,104. The firm has a market cap of $4.58 billion, a PE ratio of 10.06 and a beta of 0.87. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average is $23.07 and its two-hundred day moving average is $27.37. LKQ has a 52 week low of $16.85 and a 52 week high of $37.13.

LKQ (NASDAQ:LKQ – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.11). The business had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.36 billion. LKQ had a return on equity of 10.84% and a net margin of 3.37%. The business’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.84 EPS. As a group, equities analysts anticipate that LKQ will post 2.58 earnings per share for the current year.

Key Stories Impacting LKQ

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

About LKQ

(Get Free Report)

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.

See Also

Dividend History for LKQ (NASDAQ:LKQ)

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