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KAR Auction Services (KAR) Company Overview

Profile

Full Name:

OPENLANE, Inc.

Country:

United States

IPO:

December 11, 2009

Indexes:

Not included

Description:

KAR Auction Services is a company that provides vehicle auction and remarketing services. They connect buyers and sellers of used cars through online and physical auctions, helping dealerships and consumers find the best deals. Their services include vehicle inspections, financing, and transportation solutions.

Key Details

Price

$20.65

Annual Revenue

$1.65 B(+8.27% YoY)

Annual EPS

-$1.82(-240.00% YoY)

PE Ratio

110.84

Annual ROE

-10.83%

Beta

0.95

Events Calendar

Earnings

Next earnings date:

Feb 19, 2025

Recent quarterly earnings:

Nov 6, 2024

Recent annual earnings:

Feb 20, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Mar 19, 2020
Splits

Next split:

N/A

Recent split:

Jun 28, 2019

Analyst ratings

Recent major analysts updates

Jan 22, 25 Stephens & Co.
Equal-Weight
Nov 20, 24 JP Morgan
Overweight
Nov 7, 24 Barrington Research
Outperform
Nov 4, 24 Barrington Research
Outperform
Sep 20, 24 Barrington Research
Outperform
Aug 22, 24 Barrington Research
Outperform
Aug 5, 24 Barrington Research
Outperform
May 2, 24 Barrington Research
Outperform
May 2, 24 Baird
Outperform
Apr 10, 24 B of A Securities
Neutral

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OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings
OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings
OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings
KAR
prnewswire.comJanuary 29, 2025

CARMEL, Ind., Jan. 29, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2024 financial results after the market closes on Wednesday, Feb. 19, 2025.

OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know
OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know
OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know
KAR
zacks.comDecember 18, 2024

OPENLANE (KAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
KAR
seekingalpha.comNovember 6, 2024

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript

OPENLANE (KAR) Q3 Earnings and Revenues Top Estimates
OPENLANE (KAR) Q3 Earnings and Revenues Top Estimates
OPENLANE (KAR) Q3 Earnings and Revenues Top Estimates
KAR
zacks.comNovember 6, 2024

OPENLANE (KAR) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.18 per share a year ago.

OPENLANE, Inc. Reports Third Quarter 2024 Financial Results
OPENLANE, Inc. Reports Third Quarter 2024 Financial Results
OPENLANE, Inc. Reports Third Quarter 2024 Financial Results
KAR
prnewswire.comNovember 6, 2024

CARMEL, Ind. , Nov. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its third quarter financial results for the period ended September 30, 2024.

OPENLANE to Announce Third Quarter 2024 Earnings
OPENLANE to Announce Third Quarter 2024 Earnings
OPENLANE to Announce Third Quarter 2024 Earnings
KAR
prnewswire.comOctober 16, 2024

CARMEL, Ind., Oct. 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2024 financial results after the market closes on Wednesday, Nov. 6, 2024.

Virtus Introduces Virtus KAR Mid-Cap ETF
Virtus Introduces Virtus KAR Mid-Cap ETF
Virtus Introduces Virtus KAR Mid-Cap ETF
KAR
businesswire.comOctober 16, 2024

NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus KAR Mid-Cap ETF, (NYSE: KMID), the first ETF strategy managed by Kayne Anderson Rudnick (KAR). The Virtus KAR Mid-Cap ETF is an actively managed, concentrated portfolio consisting of 25-35 high-quality mid-cap stocks, selected using KAR's disciplined and rigorous business-analyst approach to fundamental res.

OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence
OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence
OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence
KAR
prnewswire.comAugust 15, 2024

New Code Boost IQ Exploits Data Moat to Empower US Dealers with Smarter, Faster Purchase Decisions CARMEL, Ind. , Aug. 15, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Code Boost IQ, a first-of-its-kind vehicle inspection enhancement that enables faster, better informed decision-making for dealers.

OPENLANE (KAR) Q2 Earnings Miss Estimates
OPENLANE (KAR) Q2 Earnings Miss Estimates
OPENLANE (KAR) Q2 Earnings Miss Estimates
KAR
zacks.comAugust 7, 2024

OPENLANE (KAR) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.25 per share a year ago.

OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers
OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers
OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers
KAR
prnewswire.comAugust 6, 2024

New Automated Absolute Sale Empowers Dealers to "Set and Forget", Capture Optimal Buyer Demand in Real Time CARMEL, Ind. , Aug. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Automated Absolute Sale, a new tool that empowers US sellers to set a price threshold at the time of listing that, when achieved, immediately moves the vehicle into Absolute Sale mode.

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FAQ

  • What is the ticker symbol for KAR Auction Services?
  • Does KAR Auction Services pay dividends?
  • What sector is KAR Auction Services in?
  • What industry is KAR Auction Services in?
  • What country is KAR Auction Services based in?
  • When did KAR Auction Services go public?
  • Is KAR Auction Services in the S&P 500?
  • Is KAR Auction Services in the NASDAQ 100?
  • Is KAR Auction Services in the Dow Jones?
  • When was KAR Auction Services's last earnings report?
  • When does KAR Auction Services report earnings?
  • Should I buy KAR Auction Services stock now?

What is the ticker symbol for KAR Auction Services?

The ticker symbol for KAR Auction Services is NYSE:KAR

Does KAR Auction Services pay dividends?

No, KAR Auction Services does not pay dividends

What sector is KAR Auction Services in?

KAR Auction Services is in the Consumer Cyclical sector

What industry is KAR Auction Services in?

KAR Auction Services is in the Auto & Truck Dealerships industry

What country is KAR Auction Services based in?

KAR Auction Services is headquartered in United States

When did KAR Auction Services go public?

KAR Auction Services's initial public offering (IPO) was on December 11, 2009

Is KAR Auction Services in the S&P 500?

No, KAR Auction Services is not included in the S&P 500 index

Is KAR Auction Services in the NASDAQ 100?

No, KAR Auction Services is not included in the NASDAQ 100 index

Is KAR Auction Services in the Dow Jones?

No, KAR Auction Services is not included in the Dow Jones index

When was KAR Auction Services's last earnings report?

KAR Auction Services's most recent earnings report was on Nov 6, 2024

When does KAR Auction Services report earnings?

The next expected earnings date for KAR Auction Services is Feb 19, 2025

Should I buy KAR Auction Services stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions