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. Shareholders of record on Friday, December 20th will be paid a dividend of $0.19 per share on Friday, January 3rd. This represents a $0.76 annualized dividend and a yield of 3.38%. The ex-dividend date is Thursday, December 19th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) released its earnings results on Tuesday, November, 5th. The specialty retailer reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.04. The specialty retailer had revenue of $701.90 million for the quarter, compared to analysts' expectations of $697.46 million. The firm's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 earnings per share. 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 will be holding an earnings conference call on Tuesday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 equities research analysts have issued 1 year price targets 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 46.5% 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.

News stories about KAR stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. KAR Auction Services earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news coverage about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for KAR Auction Services.

KAR Auction Services saw a decrease in short interest in January. As of January 31st, there was short interest totalling 17,370,000 shares, a decrease of 12.8% from the January 15th total of 19,910,000 shares. Based on an average trading volume of 2,170,000 shares, the short-interest ratio is currently 8.0 days. Approximately 13.6% of the company's shares are sold short. View KAR Auction Services' Current Options Chain.

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

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), Pfizer (PFE), AT&T (T) and NVIDIA (NVDA).

KAR Auction Services' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Boston Partners (3.76%), Schroder Investment Management Group (2.83%), State Street Corp (2.53%), Bank of New York Mellon Corp (1.77%), FMR LLC (1.74%) and Bank of America Corp DE (1.66%). 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 Maverick Capital Ltd., Mawer Investment Management Ltd., Principal Financial Group Inc., Great West Life Assurance Co. Can, Fiera Capital Corp, Bessemer Group Inc., Boston Financial Mangement LLC and Renaissance Technologies LLC. View Insider Buying and Selling for KAR Auction Services.

KAR stock was purchased by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Schroder Investment Management Group, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Alta Capital Management LLC, FMR LLC, Bank of New York Mellon Corp and Advisory Research Inc.. 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 $22.47.