NYSE:KAR - KAR Auction Services Stock Price, Forecast & News

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

KAR Auction Services announced a quarterly dividend on Tuesday, November 5th. Investors of record on Friday, December 20th will be given a dividend of $0.19 per share on Friday, January 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Thursday, December 19th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) issued its quarterly earnings data on Tuesday, November, 5th. The specialty retailer reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.04. The specialty retailer earned $701.90 million during the quarter, compared to analyst estimates of $697.46 million. KAR Auction Services had a net margin of 6.95% and a return on equity of 16.67%. The firm's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the business posted $0.70 EPS. View KAR Auction Services' Earnings History.

KAR Auction Services is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for KAR Auction Services.

KAR Auction Services issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $1.12-1.22 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.25.

7 brokerages have issued 12-month target prices for KAR Auction Services' stock. Their forecasts range from $20.00 to $56.00. On average, they anticipate KAR Auction Services' share price to reach $32.92 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for KAR Auction Services.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KAR Auction Services.

Press coverage about KAR stock has trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. KAR Auction Services earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned news headlines about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for KAR Auction Services.

Some companies that are related to KAR Auction Services include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), Healthcare Services Group (HCSG), McGrath RentCorp (MGRC), Mobile Mini (MINI), Viad (VVI) and Performant Financial (PFMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other KAR Auction Services investors own include Verizon Communications (VZ), Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), CVS Health (CVS), Johnson & Johnson (JNJ), Procter & Gamble (PG), AT&T (T), NVIDIA (NVDA) and QUALCOMM (QCOM).

KAR Auction Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.32%), Triad Investment Management (0.12%), OLD Second National Bank of Aurora (0.07%), Farmers & Merchants Trust Co of Chambersburg PA (0.03%), Louisiana State Employees Retirement System (0.02%) and First Hawaiian Bank (0.02%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Donald S Gottwald, James E Money II, James P Hallett, Lisa A Price, Mark E Hill and Rebecca C Polak. View Institutional Ownership Trends for KAR Auction Services.

KAR stock was sold by a variety of institutional investors in the last quarter, including Farmers & Merchants Trust Co of Chambersburg PA, Peregrine Capital Management LLC, First National Bank of Omaha, State of Alaska Department of Revenue, Raymond James Trust N.A., Louisiana State Employees Retirement System and NEXT Financial Group Inc. View Insider Buying and Selling for KAR Auction Services.

KAR stock was bought by a variety of institutional investors in the last quarter, including Triad Investment Management, First Hawaiian Bank, Nisa Investment Advisors LLC, OLD Second National Bank of Aurora and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of KAR stock can currently be purchased for approximately $21.99.

KAR Auction Services has a market capitalization of $2.83 billion and generates $3.77 billion in revenue each year. The specialty retailer earns $328 million in net income (profit) each year or $2.96 on an earnings per share basis. KAR Auction Services employs 18,400 workers across the globe.View Additional Information About KAR Auction Services.

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

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]