NYSE:CVNA - Carvana Stock Price, Forecast & News

Carvana trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA."

Carvana Co (NYSE:CVNA) posted its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.56) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.39) by $0.17. The company earned $1.09 billion during the quarter, compared to analyst estimates of $997.46 million. Carvana had a negative net margin of 3.59% and a negative return on equity of 57.46%. The business's revenue for the quarter was up 104.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.40) earnings per share. View Carvana's Earnings History.

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Carvana.

Carvana will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

18 Wall Street analysts have issued 1-year target prices for Carvana's shares. Their forecasts range from $30.00 to $120.00. On average, they expect Carvana's share price to reach $87.29 in the next year. This suggests that the stock has a possible downside of 18.5%. View Analyst Price Targets for Carvana.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carvana.

Media headlines about CVNA stock have been trending neutral on Tuesday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carvana earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Carvana.

Carvana saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 18,330,000 shares, an increase of 5.8% from the January 15th total of 17,330,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is presently 12.6 days. Approximately 37.4% of the shares of the company are sold short. View Carvana's Current Options Chain.

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), Casey's General Stores (CASY), IAA (IAA), AutoNation (AN), Penske Automotive Group (PAG), Murphy USA (MUSA), Lithia Motors (LAD), KAR Auction Services (KAR), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), Rush Enterprises (RUSHB), Rush Enterprises (RUSHA), Camping World (CWH) and Sonic Automotive (SAH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Advanced Micro Devices (AMD), Netflix (NFLX), Twilio (TWLO) and UnitedHealth Group (UNH).

(CVNA) raised $225 million in an IPO on Friday, April 28th 2017. The company issued 15,000,000 shares at $14.00-$16.00 per share. Wells Fargo Securities, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and Baird, William Blair, BMO Capital Markets and JMP Securities were co-managers.

Carvana's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (3.97%), CAS Investment Partners LLC (1.83%), Credit Suisse AG (0.60%), Bank of New York Mellon Corp (0.50%), ShawSpring Partners LLC (0.42%) and State Street Corp (0.41%). Company insiders that own Carvana stock include Benjamin E Huston, Cvan Holdings Llc, Daniel J Gill, Ddfs Partnership Lp, Ernest C Garcia II, Goodnow Investment Group, Llc, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton and Spruce House Partnership Lp. View Institutional Ownership Trends for Carvana.

CVNA stock was sold by a variety of institutional investors in the last quarter, including Phoenician Capital LLC, UBS Asset Management Americas Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Landscape Capital Management L.L.C., FMR LLC, Bank of America Corp DE and Banbury Partners LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Paul W Breaux and Ryan S Keeton. View Insider Buying and Selling for Carvana.

CVNA stock was bought by a variety of institutional investors in the last quarter, including CAS Investment Partners LLC, MUFG Securities EMEA plc, Fred Alger Management LLC, First Trust Advisors LP, TD Asset Management Inc., ShawSpring Partners LLC, Quantbot Technologies LP and Renaissance Technologies LLC. Company insiders that have bought Carvana stock in the last two years include Goodnow Investment Group, Llc, Michael E Maroone and Spruce House Partnership Lp. View Insider Buying and Selling for Carvana.

Shares of CVNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CVNA stock can currently be purchased for approximately $107.10.

Carvana has a market capitalization of $16.23 billion and generates $1.96 billion in revenue each year. The company earns $-61,750,000.00 in net income (profit) each year or ($1.73) on an earnings per share basis. Carvana employs 3,879 workers across the globe.View Additional Information About Carvana.

The official website for Carvana is http://www.carvana.com/.

Carvana's mailing address is 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281. The company can be reached via phone at 480-719-8809 or via email at [email protected]