NYSE:CVNA - Carvana Stock Price, Forecast & News

Carvana's stock was trading at $56.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVNA shares have decreased by 13.3% and is now trading at $49.04. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Carvana.

Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Carvana.

Carvana Co (NYSE:CVNA) posted its quarterly earnings data on Wednesday, February, 26th. The company reported ($0.79) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.63) by $0.16. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. Carvana had a negative return on equity of 98.28% and a negative net margin of 3.43%. View Carvana's earnings history.

20 brokerages have issued 12-month price objectives for Carvana's stock. Their forecasts range from $30.00 to $125.00. On average, they anticipate Carvana's stock price to reach $84.88 in the next year. This suggests a possible upside of 73.1% from the stock's current price. View analysts' price targets for Carvana.

Media stories about CVNA stock have trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCarvana.

Carvana saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 22,178,900 shares, an increase of 20.3% from the February 27th total of 18,440,000 shares. Based on an average trading volume of 1,830,000 shares, the short-interest ratio is currently 12.1 days. Approximately 45.0% of the company's shares 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), Murphy USA (MUSA), Penske Automotive Group (PAG), Lithia Motors (LAD), KAR Auction Services (KAR), Rush Enterprises (RUSHA), Asbury Automotive Group (ABG), Rush Enterprises (RUSHB), Group 1 Automotive (GPI), 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), Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), salesforce.com (CRM), Paypal (PYPL), Advanced Micro Devices (AMD), Twilio (TWLO), Netflix (NFLX) and Square (SQ).

(CVNA) raised $225 million in an IPO on Friday, April 28th 2017. The company issued 15,000,000 shares at a price of $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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA."

Carvana's stock is owned by many different 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, 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.

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, Ryan S Keeton, and Spruce House Partnership Llc. View insider buying and selling activity for Carvana.

CVNA stock was acquired 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 Michael E Maroone, and Spruce House Partnership Lp. View insider buying and selling activity 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 $49.04.

Carvana has a market capitalization of $7.44 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. 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]