NYSE:KAR - KAR Auction Services Stock Price, Price Target & More

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, May 8th. Shareholders of record on Thursday, June 21st will be paid a dividend of $0.35 per share on Thursday, July 5th. This represents a $1.40 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Wednesday, June 20th. View KAR Auction Services' Dividend History.

KAR Auction Services Inc (NYSE:KAR) issued its earnings results on Tuesday, May, 8th. The specialty retailer reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. The specialty retailer had revenue of $950.50 million for the quarter, compared to analyst estimates of $923.66 million. KAR Auction Services had a net margin of 10.81% and a return on equity of 24.93%. The business's revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the business earned $0.62 earnings per share. View KAR Auction Services' Earnings History.

KAR Auction Services is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for KAR Auction Services.

KAR Auction Services issued an update on its FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share (EPS) guidance of $2.89-3.04 for the period, compared to the Thomson Reuters consensus estimate of $2.97.

9 brokerages have issued 12-month price objectives for KAR Auction Services' shares. Their predictions range from $50.00 to $66.00. On average, they expect KAR Auction Services' share price to reach $58.6250 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Ratings for KAR Auction Services.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to KAR Auction Services include Copart (CPRT), CarMax (KMX), Carvana (CVNA), AutoNation (AN), Penske Automotive Group (PAG), Casey's General Stores (CASY), Murphy USA (MUSA), Lithia Motors (LAD), Camping World (CWH), Rush Enterprises, Inc. Class B (RUSHB), Rush Enterprises, Inc. Class A (RUSHA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Fincera (YUANF) and Sonic Automotive (SAH).

Press coverage about KAR stock has been trending somewhat positive this week, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KAR Auction Services earned a news sentiment score of 0.24 on Accern's scale. They also gave media stories about the specialty retailer an impact score of 46.73 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

KAR Auction Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.35%), Peregrine Capital Management LLC (0.34%), Port Capital LLC (0.25%), Bank of Montreal Can (0.12%), First National Bank of Omaha (0.08%) and Amalgamated Bank (0.02%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Canny Rodríguez-Mariãƒâ¡Tegui, David Wallace Brace, Donald S Gottwald, Hilaire Stephane St, James E Money II, John W Kett, Kelly Peter, 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 Peregrine Capital Management LLC, First National Bank of Omaha and Oakbrook Investments LLC. Company insiders that have sold KAR Auction Services company stock in the last year include Benjamin Skuy, Donald S Gottwald, Hilaire Stephane St, John W Kett, Lisa A Price and Rebecca C Polak. View Insider Buying and Selling for KAR Auction Services.

KAR stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Handelsbanken Fonder AB, Port Capital LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Amalgamated Bank, Townsend & Associates Inc and Raymond James Trust N.A.. Company insiders that have bought KAR Auction Services stock in the last two years include David Wallace Brace and Mark E Hill. 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, Scottrade, Fidelity and Charles Schwab.

One share of KAR stock can currently be purchased for approximately $60.00.

KAR Auction Services has a market capitalization of $8.10 billion and generates $3.46 billion in revenue each year. The specialty retailer earns $362 million in net income (profit) each year or $2.50 on an earnings per share basis. KAR Auction Services employs 17,500 workers across the globe.

KAR Auction Services' mailing address is 13085 HAMILTON CROSSING BOULEVARD, CARMEL IN, 46032. The specialty retailer can be reached via phone at 800-923-3725 or via email at [email protected]