NYSE:KAR - KAR Auction Services Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding KAR Auction Services Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $21.99 +0.11 (+0.50 %) (As of 01/29/2020 03:13 AM ET) Add Compare Today's Range$21.94Now: $21.99▼$22.3650-Day Range$21.07MA: $21.83▼$22.4052-Week Range$16.41Now: $21.99▼$28.61Volume1.81 million shsAverage Volume1.79 million shsMarket Capitalization$2.83 billionP/E Ratio12.49Dividend Yield3.47%Beta0.96 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email KAR Auction Services, Inc, together with its subsidiaries, provides used car auction and salvage auction services in the United States, Canada, Mexico, and the United Kingdom. The company operates through three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services SectorRetail/Wholesale Current SymbolNYSE:KAR Previous Symbol CUSIP48238T10 CIK1395942 Webhttp://www.karauctionservices.com/ Phone800-923-3725Debt Debt-to-Equity Ratio1.36 Current Ratio1.29 Quick Ratio1.29Price-To-Earnings Trailing P/E Ratio12.49 Forward P/E Ratio19.29 P/E Growth1.51 Sales & Book Value Annual Sales$3.77 billion Price / Sales0.75 Cash Flow$5.07 per share Price / Cash Flow4.34 Book Value$10.88 per share Price / Book2.02Profitability EPS (Most Recent Fiscal Year)$2.96 Net Income$328 million Net Margins6.95% Return on Equity16.67% Return on Assets3.72%Miscellaneous Employees18,400 Outstanding Shares128,773,000Market Cap$2.83 billion Next Earnings Date2/18/2020 (Estimated) OptionableOptionable Receive KAR News and Ratings via Email Sign-up to receive the latest news and ratings for KAR and its competitors with MarketBeat's FREE daily newsletter. KAR Rates by TradingView KAR Auction Services (NYSE:KAR) Frequently Asked Questions What is KAR Auction Services' stock symbol? KAR Auction Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAR." How often does KAR Auction Services pay dividends? What is the dividend yield for KAR Auction Services? KAR Auction Services declared 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 yield of 3.46%. The ex-dividend date is Thursday, December 19th. View KAR Auction Services' Dividend History. How were KAR Auction Services' earnings last quarter? KAR Auction Services Inc (NYSE:KAR) released its quarterly earnings results on Tuesday, November, 5th. The specialty retailer reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.04. The specialty retailer had revenue of $701.90 million for 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.70 EPS. View KAR Auction Services' Earnings History. When is KAR Auction Services' next earnings date? KAR Auction Services is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for KAR Auction Services. What guidance has KAR Auction Services issued on next quarter's earnings? KAR Auction Services updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $1.12-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.25. What price target have analysts set for KAR? 7 brokers have issued 1-year 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 twelve months. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for KAR Auction Services. What is the consensus analysts' recommendation 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. What are Wall Street analysts saying about KAR Auction Services stock? Here are some recent quotes from research analysts about KAR Auction Services stock: 1. According to Zacks Investment Research, "KAR Auction Services, Inc., through its subsidiaries, operates as a used vehicle and salvage auto auction company in North America. The company operates in three segments: ADESA, IAAI, and AFC. The ADESA segment provides whole car auctions and related services to commercial fleet operators, financial institutions, rental car companies, used vehicle dealers, vehicle manufacturers and their captive finance companies, and franchised and independent used vehicle dealers. This segment also provides value-added ancillary services, such as inspections, storage, transportation, reconditioning and titling, and other administrative services. The IAAI segment offers salvage vehicle auctions and related services. The AFC segment offers short-term and inventory-secured financing, known as floorplan financing, to independent used vehicle dealers. KAR Auction Services, Inc. is headquartered in Carmel, Indiana. " (1/14/2020) 2. Barrington Research analysts commented, "We believe AFC represents a competitive advantage for KAR as it relates to the company’s independent dealer base who, through AFC, are focused on the franchise dealer market." (6/28/2019) Has KAR Auction Services been receiving favorable news coverage? Media stories about KAR stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KAR Auction Services earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned media coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating 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. Who are some of KAR Auction Services' key competitors? 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). What other stocks do shareholders of KAR Auction Services own? 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). Who are KAR Auction Services' key executives? KAR Auction Services' management team includes the folowing people: Mr. James P. Hallett, Chairman & CEO (Age 66)Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 59)Ms. Rebecca C. Polak, Chief Legal Officer & Sec. and Pres of TradeRev (Age 48)Mr. Donald S. Gottwald, Chief Strategy Officer and Pres of Digital, Data & Mobility Solutions (Age 52)Mr. John W. Kett, CEO & Pres of Insurance Auto Auctions (Age 55) Who are KAR Auction Services' major shareholders? KAR Auction Services' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of Michigan Retirement System (1.17%), CWM LLC (0.34%), Peregrine Capital Management LLC (0.32%), Kirr Marbach & Co. LLC IN (0.25%), California Public Employees Retirement System (0.24%) and Reinhart Partners Inc. (0.13%). 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. Which institutional investors are selling KAR Auction Services stock? KAR stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Empirical Finance LLC, Arizona State Retirement System, Kirr Marbach & Co. LLC IN, SG Americas Securities LLC, Retirement Systems of Alabama, Farmers & Merchants Trust Co of Chambersburg PA and Peregrine Capital Management LLC. View Insider Buying and Selling for KAR Auction Services. Which institutional investors are buying KAR Auction Services stock? KAR stock was bought by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Triad Investment Management, Reinhart Partners Inc., Virginia Retirement Systems ET AL, CWM LLC, K.J. Harrison & Partners Inc, First Quadrant L P CA and Strs Ohio. View Insider Buying and Selling for KAR Auction Services. How do I buy shares of 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. What is KAR Auction Services' stock price today? One share of KAR stock can currently be purchased for approximately $21.99. How big of a company is KAR Auction Services? 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. What is KAR Auction Services' official website? The official website for KAR Auction Services is http://www.karauctionservices.com/. How can I contact KAR Auction Services? 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] MarketBeat Community Rating for KAR Auction Services (NYSE KAR)Community Ranking: 2.9 out of 5 ( )Outperform Votes: 574 (Vote Outperform)Underperform Votes: 399 (Vote Underperform)Total Votes: 973MarketBeat's community ratings are surveys of what our community members think about KAR Auction Services and other stocks. Vote "Outperform" if you believe KAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KAR will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/29/2020 by MarketBeat.com StaffFeatured Article: Why is the ex-dividend date different from the record date?
