NYSE:KAR OPENLANE (KAR) Stock Price, News & Analysis → Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share (From Colonial Metals) (Ad) Free KAR Stock Alerts $17.88 -0.47 (-2.56%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$17.87▼$18.4050-Day Range$15.04▼$18.3652-Week Range$12.86▼$18.41Volume765,061 shsAverage Volume770,339 shsMarket Capitalization$1.94 billionP/E RatioN/ADividend YieldN/APrice Target$19.60 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 Buy2.60 Rating ScoreUpside/Downside9.6% Upside$19.60 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthN/ASustainability-2.06Upright™ Environmental ScoreNews Sentiment-0.05Based on 23 Articles This WeekInsider TradingSelling Shares$234,632 Sold Last QuarterProj. Earnings Growth23.75%From $0.80 to $0.99 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.3.48 out of 5 starsAuto/Tires/Trucks Sector29th out of 79 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageOPENLANE has only been the subject of 3 research reports in the past 90 days.Read more about OPENLANE's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.25% of the float of OPENLANE has been sold short.Short Interest Ratio / Days to CoverOPENLANE has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in OPENLANE has recently decreased by 12.28%, indicating that investor sentiment is improving significantly. 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. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOPENLANE has received a 10.26% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Online auction platforms for buses", "Online auction platforms for passenger cars", and "Online auction platforms for vehicles" products. See details.Environmental SustainabilityThe Environmental Impact score for OPENLANE is -2.06. Previous Next 1.1 News and Social Media Coverage News SentimentOPENLANE has a news sentiment score of -0.05. 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 lower news sentiment than the 0.33 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 23 news articles for OPENLANE this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for KAR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added OPENLANE to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 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.Read more about OPENLANE's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for OPENLANE are expected to grow by 23.75% in the coming year, from $0.80 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OPENLANE is -9.99, 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 -9.99, 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 0.99. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioOPENLANE has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about OPENLANE's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareThe latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty. See why the elites are pouring billions into gold. 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 HeadlinesMay 6, 2024 | americanbankingnews.comRobert W. Baird Boosts OPENLANE (NYSE:KAR) Price Target to $20.00May 6, 2024 | americanbankingnews.comOPENLANE's (KAR) Outperform Rating Reaffirmed at Barrington ResearchMay 7, 2024 | Paradigm Press (Ad)AI “wealth window” is closing June 25thToday, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.May 5, 2024 | americanbankingnews.comOPENLANE, Inc. (NYSE:KAR) Given Average Rating of "Moderate Buy" by BrokeragesMay 4, 2024 | finance.yahoo.comOPENLANE, Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen NextMay 3, 2024 | finance.yahoo.comOPENLANE First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comKAR Auction Services, Inc. (NYSE:KAR) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comOpenlane Inc (KAR) Q1 2024 Earnings Call Transcript Highlights: Key Financial Achievements and ...May 7, 2024 | Paradigm Press (Ad)AI “wealth window” is closing June 25thToday, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.May 2, 2024 | gurufocus.comQ1 2024 Openlane Inc Earnings Call TranscriptMay 1, 2024 | markets.businessinsider.comOPENLANE, Inc. Q1 Profit Increases, but misses estimatesMay 1, 2024 | finance.yahoo.comOpenlane Inc (KAR) Q1 2024 Earnings: Aligns with Analyst EPS ProjectionsMay 1, 2024 | msn.comKAR Stock Earnings: Openlane Misses EPS, Misses Revenue for Q1 2024May 1, 2024 | seekingalpha.comOPENLANE, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | prnewswire.comOPENLANE, Inc. Reports First Quarter 2024 Financial ResultsApril 16, 2024 | finance.yahoo.comOPENLANE to Announce First Quarter 2024 EarningsMarch 16, 2024 | finance.yahoo.comKAR Apr 2024 15.000 callMarch 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 SharesFebruary 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 PressuresSee 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 Earnings5/01/2024Today5/07/2024Next Earnings (Estimated)8/07/2024Fiscal 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$19.60 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+9.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E Ratio22.35 P/E Growth0.99Net Income$-154,100,000.00 Net Margins-9.04% Pretax Margin-8.37% Return on Equity8.53% Return on Assets2.36% Debt Debt-to-Equity Ratio0.15 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.65 billion Price / Sales1.18 Cash Flow$2.00 per share Price / Cash Flow8.93 Book Value$12.28 per share Price / Book1.46Miscellaneous Outstanding Shares108,300,000Free Float105,335,000Market Cap$1.94 billion OptionableOptionable Beta1.42 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Peter J. Kelly (Age 55)CEO & Director Comp: $1.94MMr. 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 DirectorMs. Lisa A. Price (Age 49)Executive VP & Chief People Officer Mr. Christopher SeitzSenior Vice PresidentMr. Gary WatkinsChief Information Officer of IT Shared ServicesMs. Stacey WhiteSenior Vice President of Enterprise OptimizationMore ExecutivesKey CompetitorsDanaNYSE:DANPHINIANYSE:PHINFox FactoryNASDAQ:FOXFGenthermNASDAQ:THRMGarrett MotionNYSE:GTXView All CompetitorsInsiders & InstitutionsSei Investments Co.Sold 336,928 shares on 5/7/2024Ownership: 0.250%Swiss National BankSold 2,500 shares on 5/7/2024Ownership: 0.197%Illinois Municipal Retirement FundSold 5,169 shares on 5/7/2024Ownership: 0.055%Susquehanna Fundamental Investments LLCBought 22,363 shares on 5/7/2024Ownership: 0.021%SG Americas Securities LLCSold 3,435 shares on 5/7/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions KAR Stock Analysis - Frequently Asked Questions Should I buy or sell OPENLANE stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OPENLANE in the last year. There are currently 2 hold ratings and 3 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? 5 equities research analysts have issued 1-year target prices for OPENLANE's shares. Their KAR share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $19.60 in the next twelve months. This suggests a possible upside of 9.6% 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 beginning of the year. Since then, KAR stock has increased by 20.7% and is now trading at $17.88. View the best growth stocks for 2024 here. When is OPENLANE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our KAR earnings forecast. How were OPENLANE's earnings last quarter? OPENLANE, Inc. (NYSE:KAR) released its earnings results on Wednesday, May, 1st. The specialty retailer reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. The specialty retailer earned $416.30 million during the quarter, compared to the consensus estimate of $425.19 million. OPENLANE had a positive trailing twelve-month return on equity of 8.53% and a negative net margin of 9.04%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.12 earnings per share. What ETFs hold OPENLANE's stock? ETFs with the largest weight of OPENLANE (NYSE:KAR) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). What guidance has OPENLANE issued on next quarter's earnings? OPENLANE issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 0.770-0.870 for the period, compared to the consensus earnings per share estimate of 0.830. 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 Principal Financial Group Inc. (0.52%), Sei Investments Co. (0.25%), Swiss National Bank (0.20%), Texas Permanent School Fund Corp (0.09%), State of Alaska Department of Revenue (0.06%) and Illinois Municipal Retirement Fund (0.06%). 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. 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