KAR Auction Services
Yahoo Finance • 22 days ago
OPENLANE to repurchase 53% of Series A preferred stock for $559M
* OPENLANE (NYSE:KAR [https://seekingalpha.com/symbol/KAR]) has entered into definitive agreements to repurchase 53% of its Series A convertible preferred stock, originally issued in June 2020. * The cash consideration totals ~$559M, w... Full story
Yahoo Finance • 23 days ago
Wholesale auto prices remain elevated as consumers scrap for cheaper options, eye EV tax credit expiration
[Ford Revises Yearly Outlook After Posting Strong Quarterly Earnings] Joe Raedle/Getty Images News The Manheim Used Vehicle Value Index was unchanged in August on a month-to-month comparison and showed a 1.7% increase from the same month... Full story
Yahoo Finance • last month
Openlane Inc stock reaches all-time high at 29.13 USD
Openlane Inc stock hit an all-time high of 29.13 USD, marking a significant milestone for the $3.09 billion market cap company. According to InvestingPro data, the stock appears to be trading above its Fair Value, with a P/E ratio of 39x r... Full story
Yahoo Finance • 2 months ago
OPENLANE INC (NYSE:KAR) Surpasses Q2 2025 Earnings and Revenue Estimates with Strong Marketplace Growth
OPENLANE INC (NYSE:KAR [https://www.chartmill.com/stock/quote/KAR/profile]) reported its second-quarter 2025 financial results, surpassing analyst expectations on both revenue and earnings per share (EPS). The company’s performance has bee... Full story
Yahoo Finance • 3 months ago
OPENLANE to Announce Second Quarter 2025 Earnings
CARMEL, Ind., July 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2025 financial results before the market opens on Wednesday, Au... Full story
Yahoo Finance • 3 months ago
Openlane stock hits 52-week high at 24.42 USD
Openlane Inc’s stock reached a new 52-week high, hitting 24.42 USD, marking a significant milestone for the $2.62 billion market cap company. According to InvestingPro analysis, the stock is currently trading slightly above its Fair Value,... Full story
Yahoo Finance • 3 months ago
KAR Crosses Above Average Analyst Target
In recent trading, shares of OPENLANE Inc. (Symbol: KAR) have crossed above the average analyst 12-month target price of $23.14, changing hands for $23.39/share. When a stock reaches the target an analyst has set, the analyst logically ha... Full story
Yahoo Finance • 6 months ago
Jim Cramer on OPENLANE (KAR): “Really, Really Good Company… And Carvana’s Great Too.”
We recently published a list of Jim Cramer Recently Talked About These 9 Stocks. In this article, we are going to take a look at where OPENLANE, Inc. (NYSE:KAR) stands against other stocks that Jim Cramer discussed recently. On Wednesday,... Full story
Yahoo Finance • 12 months ago
OPENLANE to Announce Third Quarter 2024 Earnings
CARMEL, Ind., Oct. 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its third quarter 2024 financial results after the market closes on Wednesday, Nov... Full story
Yahoo Finance • 2 years ago
OPENLANE (NYSE:KAR shareholders incur further losses as stock declines 3.4% this week, taking five-year losses to 20%
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term OPENLANE, Inc. (NYSE:KAR) shareholders for doubting their decisio... Full story
Yahoo Finance • 2 years ago
12 Most Promising Car Stocks According to Analysts
In this article, we discuss the 12 most promising car stocks according to analysts. To skip the detailed analysis of the automotive industry, go directly to the 5 Most Promising Car Stocks According to Analysts. The car industry has been... Full story
Yahoo Finance • 2 years ago
OPENLANE to Acquire Manheim Canada
Transaction to Advance Digital Strategy and Growth through Expanded Inventory, Data and Customer Base Acquisition will benefit Canadian buyers and sellers with leading OPENLANE technology and enhanced vehicle availability and visibility b... Full story
Yahoo Finance • 2 years ago
OPENLANE, Inc.'s (NYSE:KAR) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
OPENLANE (NYSE:KAR) has had a great run on the share market with its stock up by a significant 20% over the last three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about... Full story
Yahoo Finance • 3 years ago
The past five years for KAR Auction Services (NYSE:KAR) investors has not been profitable
For many, the main point of investing is to generate higher returns than the overall market. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term KAR Auction Servi... Full story
Yahoo Finance • 3 years ago
Is Now The Time To Look At Buying KAR Auction Services, Inc. (NYSE:KAR)?
KAR Auction Services, Inc. (NYSE:KAR), might not be a large cap stock, but it saw a decent share price growth in the teens level on the NYSE over the last few months. As a stock with high coverage by analysts, you could assume any recent c... Full story
Yahoo Finance • 3 years ago
KAR Global Announces Early Results for Cash Tender Offer for Notes
CARMEL, Ind., Aug. 16, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR) (the "Company"), today announced early results of its previously announced cash tender offer (the "Tender Offer") to purchase up to $600,0... Full story
Yahoo Finance • 3 years ago
15 Small Company Stocks You Should Own Now for the Next Decade
In this article, we discuss 15 small company stocks you should own now for the next decade. If you want to read about some more stocks, go directly to 5 Small Company Stocks You Should Own Now for the Next Decade. Small company stocks wer... Full story
Yahoo Finance • 3 years ago
KAR Global Launches Enhanced Condition Reports for BacklotCars
Collaboration with Thoughtworks Expands Capabilities, Accuracy and Transparency CARMEL, Ind. and CHICAGO, May 24, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces f... Full story
Yahoo Finance • 3 years ago
KAR Global Completes Sale of ADESA US Physical Auction Business to Carvana
CARMEL, Ind., May 10, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), a leading provider of digital marketplace solutions for used vehicles, successfully completed its sale of the ADESA U.S. physical auction... Full story
Yahoo Finance • 3 years ago
KAR Auction Services, Inc. Reports First Quarter 2022 Financial Results
KAR expects to close the transaction selling its ADESA U.S. physical auction business to Carvana, with the proceeds expected to reduce debt KAR reported consistent revenue from continuing operations For the first quarter, gross profit per... Full story
