NYSE:CVNA Carvana Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Carvana Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $226.83 +53.16 (+30.61 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$200.94Now: $226.83▼$234.7450-Day Range$154.95MA: $189.00▼$227.1952-Week Range$22.16Now: $226.83▼$235.00Volume11.33 million shsAverage Volume2.59 million shsMarket Capitalization$38.71 billionP/E RatioN/ADividend YieldN/ABeta2.53 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's proprietary 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company was founded in 2012 and is headquartered in Tempe, Arizona.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingCarvana has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 11 buy ratings, 10 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $173.76, Carvana has a forecasted downside of 23.4% from its current price of $226.83.Amount of Analyst CoverageCarvana has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesCarvana has received 437 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarvana has received 412 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarvana has received 51.47% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Carvana and other stocks. Vote “Outperform” if you believe CVNA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CVNA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCarvana does not currently pay a dividend.Dividend GrowthCarvana does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carvana insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $127,483,490.00 in company stock.Percentage Held by InsidersOnly 12.25% of the stock of Carvana is held by insiders.Percentage Held by Institutions49.70% of the stock of Carvana is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Carvana are expected to grow in the coming year, from ($2.92) to ($1.92) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carvana is -66.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Carvana is -66.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCarvana has a P/B Ratio of 180.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.28 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Automotive dealers & gasoline service stations Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:CVNA Previous SymbolNASDAQ:CVNA CUSIPN/A CIK1690820 Webwww.carvana.com Phone480-719-8809Debt Debt-to-Equity Ratio0.99 Current Ratio4.21 Quick Ratio2.52Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$3.94 billion Price / Sales9.82 Cash FlowN/A Price / Cash FlowN/A Book Value$1.26 per share Price / Book180.02Profitability EPS (Most Recent Fiscal Year)($2.29) Net Income$-114,660,000.00 Net Margins-4.10% Return on Equity-83.73% Return on Assets-14.74%Miscellaneous Employees7,324 Outstanding Shares170,635,000Market Cap$38.71 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $226.83 +53.16 (+30.61 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CVNA News and Ratings via Email Sign-up to receive the latest news and ratings for CVNA and its competitors with MarketBeat's FREE daily newsletter. Carvana (NYSE:CVNA) Frequently Asked Questions How has Carvana's stock price been impacted by COVID-19? Carvana's stock was trading at $56.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CVNA shares have increased by 300.8% and is now trading at $226.83. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Carvana? 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 10 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Carvana. When is Carvana's next earnings date? Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Carvana. How were Carvana's earnings last quarter? Carvana Co (NYSE:CVNA) released its quarterly earnings data on Wednesday, August, 5th. The company reported ($0.62) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.86) by $0.24. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Carvana had a negative net margin of 4.10% and a negative return on equity of 83.73%. View Carvana's earnings history. What price target have analysts set for CVNA? 23 brokerages have issued 12 month price targets for Carvana's shares. Their forecasts range from $23.00 to $250.00. On average, they anticipate Carvana's stock price to reach $173.76 in the next year. This suggests that the stock has a possible downside of 23.4%. View analysts' price targets for Carvana. Who are some of Carvana's key competitors? Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), IAA (IAA), Casey's General Stores (CASY), Lithia Motors (LAD), AutoNation (AN), Murphy USA (MUSA), Penske Automotive Group (PAG), Camping World (CWH), KAR Auction Services (KAR), Asbury Automotive Group (ABG), Rush Enterprises (RUSHA), Sonic Automotive (SAH), Group 1 Automotive (GPI) and Rush Enterprises (RUSHB). View all competitors. What other stocks do shareholders of Carvana own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Paypal (PYPL), Bank of America (BAC), salesforce.com (CRM), Advanced Micro Devices (AMD), Square (SQ) and Netflix (NFLX). Who are Carvana's key executives? Carvana's management team includes the following people: Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 36)Mr. Mark Jenkins, Chief Financial Officer (Age 40)Mr. Benjamin Huston, Chief Operating Officer (Age 36)Mr. Ryan S. Keeton, Chief Brand Officer (Age 41)Mr. Daniel Gill, Chief Product Officer (Age 36) When did Carvana IPO? (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. What is Carvana's stock symbol? Carvana trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA." Who are Carvana's major shareholders? Carvana's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (5.64%), Vanguard Group Inc. (3.50%), Jennison Associates LLC (0.92%), Gilder Gagnon Howe & Co. LLC (0.87%), Grantham Mayo Van Otterloo & Co. LLC (0.32%) and Hound Partners LLC (0.24%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton, Spruce House Partnership Llc and Spruce House Partnership Lp. View institutional ownership trends for Carvana. Which institutional investors are selling Carvana stock? CVNA stock was sold by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Platinum Investment Management Ltd., Rip Road Capital Partners LP, Mitsubishi UFJ Kokusai Asset Management Co. Ltd., Crosslink Capital Inc., and Crestwood Capital Management L.P.. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ira J Platt, Mark W Jenkins, Paul W Breaux, Ryan S Keeton, and Spruce House Partnership Llc. View insider buying and selling activity for Carvana. Which institutional investors are buying Carvana stock? CVNA stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Vanguard Group Inc., Gilder Gagnon Howe & Co. LLC, FMR LLC, Frontier Capital Management Co. LLC, Neuberger Berman Group LLC, Hound Partners LLC, and First Trust Advisors LP. Company insiders that have bought Carvana stock in the last two years include Ernest C Garcia II, Michael E Maroone, and Spruce House Partnership Lp. View insider buying and selling activity for Carvana. How do I buy shares of 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. What is Carvana's stock price today? One share of CVNA stock can currently be purchased for approximately $226.83. How big of a company is Carvana? Carvana has a market capitalization of $38.71 billion and generates $3.94 billion in revenue each year. The company earns $-114,660,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. Carvana employs 7,324 workers across the globe. What is Carvana's official website? The official website for Carvana is www.carvana.com. How can I contact Carvana? 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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