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 declared a quarterly dividend on Tuesday, November 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, December 19th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) issued its quarterly earnings results on Tuesday, November, 5th. The specialty retailer reported $0.35 earnings per share 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 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%. The business's quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the company earned $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 updated 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 equities research analysts have issued twelve-month price targets for KAR Auction Services' stock. Their forecasts range from $20.00 to $56.00. On average, they expect KAR Auction Services' stock price to reach $32.92 in the next year. This suggests a possible upside of 49.6% 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 coverage about KAR stock has been trending somewhat negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KAR Auction Services earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned 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 effect on the stock's share price in the immediate future. 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), NVIDIA (NVDA), QUALCOMM (QCOM) and General Electric (GE).

KAR Auction Services' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.32%), Triad Investment Management (0.12%), Farmers & Merchants Trust Co of Chambersburg PA (0.03%), Louisiana State Employees Retirement System (0.02%), First Hawaiian Bank (0.02%) and State of Alaska Department of Revenue (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. and Louisiana State Employees Retirement System. View Insider Buying and Selling for KAR Auction Services.

KAR stock was acquired by a variety of institutional investors in the last quarter, including Triad Investment Management, First Hawaiian Bank and Nisa Investment Advisors LLC. 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 $22.01.

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]