OPENLANE, Inc. (KAR)
Market Cap | 2.17B |
Revenue (ttm) | 1.69B |
Net Income (ttm) | 21.50M |
Shares Out | 106.84M |
EPS (ttm) | 0.19 |
PE Ratio | 110.48 |
Forward PE | 21.16 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 734,732 |
Open | 20.06 |
Previous Close | 20.29 |
Day's Range | 20.06 - 20.48 |
52-Week Range | 12.86 - 20.85 |
Beta | 1.54 |
Analysts | Buy |
Price Target | 22.00 (+8.43%) |
Earnings Date | Feb 18, 2025 |
About 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... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for KAR stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 8.43% from the latest price.
News
Karrier One Accelerates Global Connectivity with SCION Integration, Sui Validator Node, and Walrus Decentralized Storage Protocol
TORONTO--(BUSINESS WIRE)---- $KAR #BlockchainTelecom--Karrier One, a global leader in telecommunications and networking solutions, is advancing worldwide connectivity through three strategic initiativ...
OPENLANE to Host Virtual Investor Update
CARMEL, Ind. , Nov. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will host a virtual Investor Update on Tuesday, November...
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript
OPENLANE, Inc. Reports Third Quarter 2024 Financial Results
CARMEL, Ind. , Nov. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its third quarter financial results for the period ended September 30, 2024.
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 af...
OPENLANE Transforms Condition Reports with Actionable OBD2 Intelligence
New Code Boost IQ Exploits Data Moat to Empower US Dealers with Smarter, Faster Purchase Decisions CARMEL, Ind. , Aug. 15, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digita...
OPENLANE, Inc. (KAR) Q2 2024 Earnings Call Transcript
OPENLANE, Inc. (NYSE:KAR) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Itunu Orelaru – Head-Investor Relations Peter Kelly – Chief Executive Officer Brad Lakhia – E...
OPENLANE, Inc. Reports Second Quarter 2024 Financial Results
CARMEL, Ind. , Aug. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its second quarter financial results for the period ended June 30, 2024.
OPENLANE Revolutionizes Wholesaling with Faster, Easier Sales for US Dealers
New Automated Absolute Sale Empowers Dealers to "Set and Forget", Capture Optimal Buyer Demand in Real Time CARMEL, Ind. , Aug. 6, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator o...
Openlane: Buy On Earnings Turnaround And Market Share Gains
OPENLANE is a leading used car conglomerate that reported $200 million in losses in 2023 but will likely swing to $100 million in net profit by 2025. OPENLANE's primary source of losses, its marketpla...
OPENLANE to Announce Second Quarter 2024 Earnings
CARMEL, Ind. , July 18, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2024 financial results ...
OPENLANE Names Itunu Orelaru Head of Investor Relations
Promotion Fortifies Leadership Bench with Broad Financial Experience CARMEL, Ind. , July 17, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale u...
OPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech Innovators
New Director Brings C-Suite Track Record Driving Growth and Success CARMEL, Ind. , June 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale us...
OPENLANE Empowers US Dealers With Faster Vehicle Wholesaling
"Absolute Sale" Delivers Increased Velocity, Higher Engagement, Better Results CARMEL, Ind. , June 4, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wh...
OPENLANE Announces Participation in Upcoming Investor Conference
CARMEL, Ind. , May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P.
OPENLANE, Inc. (KAR) Q1 2024 Earnings Call Transcript
OPENLANE, Inc. (NYSE:KAR) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Mike Eliason - Treasurer and Vice President of Investor Relations Peter Kelly - Chief Executive ...
OPENLANE, Inc. Reports First Quarter 2024 Financial Results
CARMEL, Ind. , May 1, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its first quarter financial results for the period ended March 31, 2024.
OPENLANE to Announce First Quarter 2024 Earnings
CARMEL, Ind. , April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results ...
OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations
Nationwide Search to Identify Successor; EVP and CFO Brad Lakhia to Assume Treasurer Role CARMEL, Ind., Feb. 27, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketpl...
OPENLANE, Inc. (KAR) Q4 2023 Earnings Call Transcript
OPENLANE, Inc. (KAR) Q4 2023 Earnings Call Transcript
OPENLANE, Inc. Reports 2023 Financial Results
CARMEL, Ind. , Feb. 20, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2023.
OPENLANE Promotes Will Mitchell to Lead AFC
Incoming President Brings 20 Years of Operational and Strategic Expertise CARMEL, Ind. , Feb. 13, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholes...
OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings
CARMEL, Ind. , Feb. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter 2023 financial results a...
OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage
AI-Powered Tool Strengthens Buyer Confidence and Empowers Smarter, Faster Purchase Decisions CARMEL, Ind. , Jan. 3, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marke...
OPENLANE Announces Planned Retirement of AFC President Jim Money
CARMEL, Ind., Dec. 14, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the upcoming retirement of AFC President Jim M...