S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
NYSE:KAR

KAR Auction Services Stock Forecast, Price & News

$14.90
-0.31 (-2.04 %)
(As of 10/22/2021 04:00 PM ET)
Add
Compare
Today's Range
$14.88
$15.28
50-Day Range
$15.12
$18.92
52-Week Range
$13.55
$20.85
Volume1.30 million shs
Average Volume2.00 million shs
Market Capitalization$1.78 billion
P/E Ratio43.82
Dividend Yield5.00%
Beta1.53
30 days | 90 days | 365 days | Advanced Chart
Receive KAR News and Ratings via Email

Sign-up to receive the latest news and ratings for KAR Auction Services and its competitors with MarketBeat's FREE daily newsletter.


KAR Auction Services logo

About KAR Auction Services

KAR Auction Services, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions and Automotive Finance Corporation (AFC). The ADESA segment provides whole car auctions and related services to the vehicle remarketing industry in North America. The AFC segment provides floor plan financing to used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Diversified Support Services
CUSIP
48238T10
Employees
15,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.19 billion
Cash Flow
$2.03 per share
Book Value
$12.50 per share

Profitability

Net Income
$500,000.00

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.78 billion
Next Earnings Date
11/2/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.74 out of 5 stars

Retail/Wholesale Sector

110th out of 265 stocks

Automotive Dealers & Gasoline Service Stations Industry

9th out of 28 stocks

Analyst Opinion: 3.2Community Rank: 4.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -












KAR Auction Services (NYSE:KAR) Frequently Asked Questions

Is KAR Auction Services a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KAR Auction Services stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAR, but not buy additional shares or sell existing shares.
View analyst ratings for KAR Auction Services
or view top-rated stocks.

What stocks does MarketBeat like better than KAR Auction Services?

Wall Street analysts have given KAR Auction Services a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but KAR Auction Services wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is KAR Auction Services' next earnings date?

KAR Auction Services is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for KAR Auction Services
.

How can I listen to KAR Auction Services' earnings call?

KAR Auction Services will be holding an earnings conference call on Wednesday, November 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services, Inc. (NYSE:KAR) announced its earnings results on Monday, August, 2nd. The specialty retailer reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.04. The specialty retailer earned $585.40 million during the quarter, compared to the consensus estimate of $596.75 million. KAR Auction Services had a trailing twelve-month return on equity of 9.71% and a net margin of 4.03%.
View KAR Auction Services' earnings history
.

How has KAR Auction Services' stock been impacted by Coronavirus (COVID-19)?

KAR Auction Services' stock was trading at $18.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KAR shares have decreased by 18.8% and is now trading at $14.90.
View which stocks have been most impacted by COVID-19
.

Is KAR Auction Services a good dividend stock?

KAR Auction Services pays an annual dividend of $0.76 per share and currently has a dividend yield of 5.00%. KAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of KAR Auction Services is 149.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KAR Auction Services will have a dividend payout ratio of 66.67% next year. This indicates that KAR Auction Services will be able to sustain or increase its dividend.
View KAR Auction Services' dividend history.

What guidance has KAR Auction Services issued on next quarter's earnings?

KAR Auction Services issued an update on its FY 2021 earnings guidance on Tuesday, August, 24th. The company provided earnings per share (EPS) guidance of $0.870-$0.870 for the period, compared to the Thomson Reuters consensus estimate of $1.050. The company issued revenue guidance of -.

What price target have analysts set for KAR?

6 Wall Street analysts have issued 1-year price objectives for KAR Auction Services' stock. Their forecasts range from $11.00 to $78.00. On average, they anticipate KAR Auction Services' stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 94.6% from the stock's current price.
View analysts' price targets for KAR Auction Services
or view top-rated stocks among Wall Street analysts.

Who are KAR Auction Services' key executives?

KAR Auction Services' management team includes the following people:
  • Peter J. Kelly, Chief Executive Officer & Director
  • Eric Michael Loughmiller, Executive VP, Chief Financial & Accounting Officer
  • Lisa A. Price, Chief People Officer & Executive Vice President
  • Thomas J. Fisher, Chief Digital Officer & Executive Vice President
  • Charles S. Coleman, Secretary, Chief Legal Officer & Executive VP

What is James P. Hallett's approval rating as KAR Auction Services' CEO?

90 employees have rated KAR Auction Services CEO James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among KAR Auction Services' employees.

Who are some of KAR Auction Services' key competitors?

What other stocks do shareholders of KAR Auction Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KAR Auction Services investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), The Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC).

What is KAR Auction Services' stock symbol?

KAR Auction Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAR."

Who are KAR Auction Services' major shareholders?

KAR Auction Services' stock is owned by many different institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (0.70%), Oregon Public Employees Retirement Fund (0.04%), Louisiana State Employees Retirement System (0.03%), First Citizens Bank & Trust Co. (0.01%), CHICAGO TRUST Co NA (0.01%) and Strs Ohio (0.00%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Charles S Coleman, David Didomenico, Eric M Loughmiller, James P Hallett, Mark E Hill and Mary Ellen Smith.
View institutional ownership trends for KAR Auction Services
.

Which institutional investors are selling KAR Auction Services stock?

KAR stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, First Citizens Bank & Trust Co., CHICAGO TRUST Co NA, Oregon Public Employees Retirement Fund, and Louisiana State Employees Retirement System.
View insider buying and selling activity for KAR Auction Services
or view top insider-selling stocks.

Which institutional investors are buying KAR Auction Services stock?

KAR stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have bought KAR Auction Services stock in the last two years include Benjamin Skuy, Charles S Coleman, David Didomenico, Eric M Loughmiller, James P Hallett, Mark E Hill, and Mary Ellen Smith.
View insider buying and selling activity for KAR Auction Services
or or view top insider-buying stocks.

How do I buy shares of KAR Auction Services?

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

What is KAR Auction Services' stock price today?

One share of KAR stock can currently be purchased for approximately $14.90.

How much money does KAR Auction Services make?

KAR Auction Services has a market capitalization of $1.78 billion and generates $2.19 billion in revenue each year. The specialty retailer earns $500,000.00 in net income (profit) each year or $0.51 on an earnings per share basis.

How many employees does KAR Auction Services have?

KAR Auction Services employs 15,000 workers across the globe.

What is KAR Auction Services' official website?

The official website for KAR Auction Services is www.karauctionservices.com.

Where are KAR Auction Services' headquarters?

KAR Auction Services is headquartered at 11299 N. Illinois Street, CARMEL IN, 46032.

How can I contact KAR Auction Services?

KAR Auction Services' mailing address is 11299 N. Illinois Street, CARMEL IN, 46032. The specialty retailer can be reached via phone at (800) 923-3725 or via email at [email protected].


This page was last updated on 10/23/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.