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 paid a dividend of $0.19 per share on Friday, January 3rd. This represents a $0.76 annualized dividend and a yield of 3.45%. The ex-dividend date is Thursday, December 19th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) announced its quarterly earnings results on Tuesday, November, 5th. The specialty retailer reported $0.35 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.04. The specialty retailer earned $701.90 million during the quarter, compared to the consensus estimate of $697.46 million. KAR Auction Services had a net margin of 6.95% and a return on equity of 16.67%. KAR Auction Services's revenue was up 14.6% compared to the same quarter last year. During the same period last year, the company earned $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 issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $1.12-1.22 for the period, compared to the Thomson Reuters consensus estimate of $1.25.

7 analysts have issued 12 month price objectives for KAR Auction Services' stock. Their forecasts range from $20.00 to $56.00. On average, they anticipate KAR Auction Services' stock price to reach $32.92 in the next year. This suggests a possible upside of 49.3% 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 headlines about KAR stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. KAR Auction Services earned a news impact score of -1.0 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company'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 institutional and retail investors. Top institutional shareholders 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 purchased 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 $22.05.

KAR Auction Services has a market capitalization of $2.84 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]