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KAR Auction ServicesNYSE: KAR

Profile

Country:

United States

IPO:

11 December 2009

Next earnings report:

20 February 2025

Last dividends:

19 March 2020

Next dividends:

N/A
$2.10 B
-8%vs. 3y high
61%vs. sector
105.53
-56%vs. 3y high
96%vs. sector
-3%vs. 3y high
53%vs. sector
-53%vs. 3y high
65%vs. sector

Price

after hours | Wed, 20 Nov 2024 22:59:43 GMT
$19.66+$0.06(+0.31%)

Dividend

No data over the past 3 years
$448.40 M$414.14 M
$448.40 M$28.40 M

Analysts recommendations

Institutional Ownership

KAR Latest News

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
seekingalpha.com06 November 2024 Sentiment: NEUTRAL

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

OPENLANE (KAR) Q3 Earnings and Revenues Top Estimates
zacks.com06 November 2024 Sentiment: POSITIVE

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
prnewswire.com06 November 2024 Sentiment: NEUTRAL

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
prnewswire.com16 October 2024 Sentiment: POSITIVE

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
businesswire.com16 October 2024 Sentiment: POSITIVE

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
prnewswire.com15 August 2024 Sentiment: POSITIVE

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
zacks.com07 August 2024 Sentiment: NEUTRAL

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
prnewswire.com06 August 2024 Sentiment: POSITIVE

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.

OPENLANE Names Itunu Orelaru Head of Investor Relations
prnewswire.com17 July 2024 Sentiment: POSITIVE

Promotion Fortifies Leadership Bench with Broad Financial Experience CARMEL, Ind. , July 17, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the promotion of Itunu Orelaru to Head of Investor Relations.

OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators
prnewswire.com20 June 2024 Sentiment: POSITIVE

New Director Brings C-Suite Track Record Driving Growth and Success CARMEL, Ind. , June 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Randy Altschuler to its board of directors.

  • 1(current)

What type of business is KAR Auction Services?

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.

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 from?

KAR Auction Services is headquartered in United States

When did KAR Auction Services go public?

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

What is KAR Auction Services website?

https://corporate.openlane.com

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 the previous earnings report?

No data

When does KAR Auction Services earnings report?

The next expected earnings date for KAR Auction Services is 20 February 2025