NYSE:KAR OPENLANE (KAR) Stock Price, News & Analysis → I tried to warn you (From Porter & Company) (Ad) Free KAR Stock Alerts $17.30 -0.02 (-0.12%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$17.12▼$17.3650-Day Range$13.77▼$17.3252-Week Range$12.66▼$17.36Volume900,301 shsAverage Volume676,101 shsMarket Capitalization$1.87 billionP/E RatioN/ADividend YieldN/APrice Target$18.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get OPENLANE alerts: Email Address OPENLANE MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside8.4% Upside$18.75 Price TargetShort InterestBearish3.70% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.07Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$234,632 Sold Last QuarterProj. Earnings Growth20.48%From $0.83 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.79 out of 5 starsAuto/Tires/Trucks Sector25th out of 78 stocksAutomotive Dealers & Gasoline Service Stations Industry5th out of 17 stocks 1.3 Analyst's Opinion Consensus RatingOPENLANE has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.75, OPENLANE has a forecasted upside of 8.4% from its current price of $17.30.Amount of Analyst CoverageOPENLANE has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.70% of the float of OPENLANE has been sold short.Short Interest Ratio / Days to CoverOPENLANE has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in OPENLANE has recently increased by 0.77%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldOPENLANE does not currently pay a dividend.Dividend GrowthOPENLANE does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, OPENLANE will have a dividend payout ratio of 76.00% in the coming year. This indicates that OPENLANE may not be able to sustain their current dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOPENLANE has received a -0.76% net impact score from Upright. The largest negative impact of KAR Auction Services in category "GHG emissions" seems to be driven mostly by its "Online auction platforms for passenger cars", "Online auction platforms for buses", and "Online auction platforms for vehicles" products. See details.Environmental SustainabilityThe Environmental Impact score for OPENLANE is -2.07. Previous Next 3.2 News and Social Media Coverage News SentimentOPENLANE has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 1 news article for OPENLANE this week, compared to 2 articles on an average week.Search Interest2 people have searched for KAR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows5 people have added OPENLANE to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OPENLANE insiders have sold 57.79% more of their company's stock than they have bought. Specifically, they have bought $148,700.00 in company stock and sold $234,632.00 in company stock.Percentage Held by InsidersOnly 2.74% of the stock of OPENLANE is held by insiders.Percentage Held by Institutions99.76% of the stock of OPENLANE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for OPENLANE are expected to grow by 20.48% in the coming year, from $0.83 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OPENLANE is -9.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of OPENLANE is -9.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOPENLANE has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOPENLANE has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyI tried to warn you America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.Start streaming it now at no cost here About OPENLANE Stock (NYSE:KAR)OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.Read More KAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KAR Stock News HeadlinesMarch 14, 2024 | insidertrades.comOPENLANE, Inc. (NYSE:KAR) Insider Sells $234,632.26 in StockMarch 16, 2024 | finance.yahoo.comKAR Apr 2024 15.000 callMarch 30, 2024 | Porter & Company (Ad)I tried to warn you America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.March 15, 2024 | actusnews.comAltamir's NAV on par with historical high of 2021, including dividends paid in 2022 and 2023March 15, 2024 | finance.yahoo.comAre Auto-Tires-Trucks Stocks Lagging OPENLANE, Inc. (KAR) This Year?March 14, 2024 | prnewswire.comOPENLANE Announces Participation in Upcoming Investor ConferenceMarch 12, 2024 | finance.yahoo.comKAR Auction Services Inc (XKR.DU)February 28, 2024 | uk.finance.yahoo.comOpenlane Inc (KAR) CEO Peter Kelly Acquires 34,000 SharesMarch 30, 2024 | Porter & Company (Ad)I tried to warn you America’s Last Election New documentary, America’s Last Election, reveals the true (and terrifying) story of how the D.C. establishment has engineered a brutal new crisis that could hand them permanent power. Power they will use to reshape America to their dark, dystopian vision.February 27, 2024 | finance.yahoo.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 27, 2024 | prnewswire.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 22, 2024 | msn.comOpenlane files to sell 36.05M shares of common stock for holdersFebruary 21, 2024 | markets.businessinsider.comBuy Rating Affirmed for Kar Auction Services Following Strong Q4 Performance and Positive OutlookFebruary 21, 2024 | markets.businessinsider.comJohn Murphy Issues Sell Rating for Kar Auction Services Amidst Marketplace Challenges and Industry PressuresFebruary 21, 2024 | finance.yahoo.comKAR Auction Services, Inc. (NYSE:KAR) Q4 2023 Earnings Call TranscriptFebruary 20, 2024 | msn.comKAR Auction Non-GAAP EPS of $0.16 beats by $0.03, revenue of $391.3M misses by $1.68MFebruary 20, 2024 | benzinga.comRecap: Openlane Q4 EarningsFebruary 20, 2024 | markets.businessinsider.comOPENLANE, Inc. Q4 Profit Decreases, but beats estimatesFebruary 20, 2024 | finance.yahoo.comOPENLANE, Inc. Reports 2023 Financial ResultsFebruary 20, 2024 | finance.yahoo.comOpenlane Inc (KAR) Reports Revenue Growth and Margin Expansion Despite Loss from Operations in 2023February 20, 2024 | prnewswire.comOPENLANE, Inc. Reports 2023 Financial ResultsFebruary 20, 2024 | msn.comVestis declares $0.035 dividendFebruary 20, 2024 | msn.comKAR Auction Q4 2023 Earnings PreviewFebruary 19, 2024 | benzinga.comA Preview Of Openlane's EarningsFebruary 13, 2024 | finance.yahoo.comOPENLANE Promotes Will Mitchell to Lead AFCFebruary 13, 2024 | prnewswire.comOPENLANE Promotes Will Mitchell to Lead AFCFebruary 7, 2024 | finance.yahoo.comOPENLANE to Announce Fourth Quarter and Full Year 2023 EarningsSee More Headlines Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OPENLANE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today3/29/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$18.75 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+8.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.83) Trailing P/E RatioN/A Forward P/E Ratio20.84 P/E Growth0.94Net Income$-154,100,000.00 Net Margins-9.37% Pretax Margin-8.91% Return on Equity7.49% Return on Assets2.11% Debt Debt-to-Equity Ratio0.15 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.65 billion Price / Sales1.14 Cash Flow$1.98 per share Price / Cash Flow8.75 Book Value$12.28 per share Price / Book1.41Miscellaneous Outstanding Shares108,046,000Free Float105,086,000Market Cap$1.87 billion OptionableOptionable Beta1.45 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Peter J. Kelly (Age 55)CEO & Director Comp: $1.02MMr. Sriram Subrahmanyam Ph.D. (Age 53)EVP of Operations and President of Services & International Markets Comp: $602.18kMr. James P. Coyle (Age 43)Executive VP & President of North American Marketplaces Comp: $1.33MMr. Brad S. Lakhia (Age 52)Executive VP & CFO Mr. Scott A. Anderson (Age 58)Chief Accounting Officer Mr. Michael EliasonVP of Investor Relations & TreasurerMr. Charles S. Coleman (Age 52)Executive VP, Chief Legal Officer & Secretary Mr. Tobin P. Richer (Age 50)Executive Vice President of Marketing & Communications Mr. Warren W. Byrd (Age 61)Executive Vice President of Corporate Development & Real Estate Patrick MingExecutive Sales DirectorMore ExecutivesKey CompetitorsDanaNYSE:DANPHINIANYSE:PHINGenthermNASDAQ:THRMFox FactoryNASDAQ:FOXFXPELNASDAQ:XPELView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 4,026 shares on 3/11/2024Ownership: 11.350%James E Money IISold 14,822 sharesTotal: $234,632.26 ($15.83/share)Peter J KellyBought 10,000 shares on 2/26/2024Total: $148,700.00 ($14.87/share)Price T Rowe Associates Inc. MDBought 2,231 shares on 2/16/2024Ownership: 0.157%Vanguard Group Inc.Bought 4,026 shares on 2/15/2024Ownership: 11.354%View All Insider TransactionsView All Institutional Transactions KAR Stock Analysis - Frequently Asked Questions Should I buy or sell OPENLANE stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OPENLANE in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KAR shares. View KAR analyst ratings or view top-rated stocks. What is OPENLANE's stock price target for 2024? 3 analysts have issued 1-year target prices for OPENLANE's stock. Their KAR share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $18.75 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View analysts price targets for KAR or view top-rated stocks among Wall Street analysts. How have KAR shares performed in 2024? OPENLANE's stock was trading at $14.81 at the start of the year. Since then, KAR stock has increased by 16.8% and is now trading at $17.30. View the best growth stocks for 2024 here. Are investors shorting OPENLANE? OPENLANE saw a increase in short interest in February. As of February 29th, there was short interest totaling 3,880,000 shares, an increase of 11.8% from the February 14th total of 3,470,000 shares. Based on an average daily volume of 788,900 shares, the days-to-cover ratio is currently 4.9 days. Currently, 3.7% of the company's shares are sold short. View OPENLANE's Short Interest. When is OPENLANE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our KAR earnings forecast. How were OPENLANE's earnings last quarter? OPENLANE, Inc. (NYSE:KAR) posted its quarterly earnings data on Tuesday, February, 20th. The specialty retailer reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The specialty retailer had revenue of $391.30 million for the quarter, compared to the consensus estimate of $392.56 million. OPENLANE had a positive trailing twelve-month return on equity of 7.49% and a negative net margin of 9.37%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. Is OPENLANE a good dividend stock? OPENLANE (NYSE:KAR) pays an annual dividend of $0.76 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for KAR. What ETF holds OPENLANE's stock? Invesco S&P SmallCap Industrials ETF holds 82,515 shares of KAR stock, representing 0.96% of its portfolio. What guidance has OPENLANE issued on next quarter's earnings? OPENLANE updated its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 0.770-0.870 for the period, compared to the consensus EPS estimate of 0.770. The company issued revenue guidance of -. What is James P. Hallett's approval rating as OPENLANE's CEO? 90 employees have rated OPENLANE Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. What other stocks do shareholders of OPENLANE own? Based on aggregate information from My MarketBeat watchlists, some companies that other OPENLANE investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC). Who are OPENLANE's major shareholders? OPENLANE's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.35%), Vanguard Group Inc. (11.35%), Burgundy Asset Management Ltd. (8.05%), Dimensional Fund Advisors LP (6.54%), Hawk Ridge Capital Management LP (3.61%) and Paradice Investment Management LLC (2.84%). Insiders that own company stock include J Mark Howell, James E Money II, James P Hallett, Michael T Kestner and Peter J Kelly. View institutional ownership trends. How do I buy shares of OPENLANE? Shares of KAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KAR) was last updated on 3/30/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsI tried to warn you Porter & Company“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryUrgent: Protect Your Investments from a Chinese InvasionBehind the MarketsThe 3rd Revolution in WarfareWeiss RatingsFed launches fourth dollar overhaulStansberry ResearchIs AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer)Banyan Hill PublishingWARNING - this content may be disturbingParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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