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) released its earnings results on Wednesday, November, 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.39) by $0.17. The business had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $997.46 million. Carvana had a negative return on equity of 57.46% and a negative net margin of 3.59%. Carvana's quarterly revenue was up 104.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.40) EPS. 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.

17 Wall Street analysts have issued 1 year price targets for Carvana's shares. Their forecasts range from $30.00 to $120.00. On average, they anticipate Carvana's stock price to reach $84.23 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Carvana.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carvana.

News stories about CVNA stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carvana earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Carvana.

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), IAA (IAA), Casey's General Stores (CASY), AutoNation (AN), Penske Automotive Group (PAG), Murphy USA (MUSA), Lithia Motors (LAD), KAR Auction Services (KAR), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), 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), Bank of America (BAC), Alibaba Group (BABA), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Netflix (NFLX), AbbVie (ABBV), Advanced Micro Devices (AMD) and Starbucks (SBUX).

(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 served 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 variety of of retail and institutional investors. Top institutional investors include Chicago Capital LLC (0.17%), Hennessy Advisors Inc. (0.03%), Taylor Frigon Capital Management LLC (0.02%), Assenagon Asset Management S.A. (0.01%), Strs Ohio (0.00%) and Alpine Global Management LLC (0.00%). 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 Taylor Frigon Capital Management LLC, Chicago Capital LLC and Hennessy Advisors Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Alpine Global Management LLC, Douglass Winthrop Advisors LLC, Strs Ohio and Valeo Financial Advisors 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 $83.11.

Carvana has a market capitalization of $12.60 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]