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, February 18th. Shareholders of record on Friday, March 20th will be given a dividend of $0.19 per share on Friday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Thursday, March 19th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) announced its quarterly earnings results on Tuesday, February, 18th. The specialty retailer reported $0.24 EPS for the quarter, missing the consensus estimate of $0.28 by $0.04. The specialty retailer earned $671.30 million during the quarter, compared to the consensus estimate of $658.13 million. KAR Auction Services had a return on equity of 12.57% and a net margin of 6.00%. View KAR Auction Services' Earnings History.

KAR Auction Services is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for KAR Auction Services.

KAR Auction Services issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided EPS guidance of $1.28-1.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.43.

7 equities research analysts have issued 1-year price targets for KAR Auction Services' shares. Their forecasts range from $20.00 to $42.50. On average, they expect KAR Auction Services' share price to reach $28.30 in the next twelve months. This suggests a possible upside of 27.2% 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.

Media stories about KAR stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -2.2 on InfoTrie's scale. They also gave news stories 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 stock's share price in the near term. View News Stories for KAR Auction Services.

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

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), CVS Health (CVS), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Procter & Gamble (PG), Pfizer (PFE), AT&T (T) and NVIDIA (NVDA).

KAR Auction Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include Boston Partners (3.76%), Janus Henderson Group PLC (2.95%), Schroder Investment Management Group (2.83%), State Street Corp (2.53%), Bank of New York Mellon Corp (1.77%) and FMR LLC (1.74%). 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 bought 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, Man Group plc, Alta Capital Management LLC, Janus Henderson Group PLC and FMR 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 $22.25.

KAR Auction Services has a market capitalization of $2.87 billion and generates $2.78 billion in revenue each year. The specialty retailer earns $328 million in net income (profit) each year or $1.04 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]