OPENLANE, Inc. (KAR)

NYSE: KAR · Real-Time Price · USD
21.77
+2.60 (13.56%)
May 8, 2025, 4:00 PM EDT - Market closed
13.56%
Market Cap 2.34B
Revenue (ttm) 1.82B
Net Income (ttm) 67.60M
Shares Out 107.38M
EPS (ttm) 1.00
PE Ratio 21.80
Forward PE 21.49
Dividend n/a
Ex-Dividend Date n/a
Volume 2,474,686
Open 20.97
Previous Close 19.17
Day's Range 20.97 - 22.37
52-Week Range 15.44 - 22.47
Beta 1.32
Analysts Buy
Price Target 23.67 (+8.73%)
Earnings Date May 7, 2025

About KAR

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and ... [Read more]

IPO Date Dec 11, 2009
Employees 4,800
Stock Exchange NYSE
Ticker Symbol KAR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for KAR stock is "Buy." The 12-month stock price forecast is $23.67, which is an increase of 8.73% from the latest price.

Price Target
$23.67
(8.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

OPENLANE, Inc. (KAR) Q1 2025 Earnings Call Transcript

OPENLANE, Inc. (NYSE:KAR) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jared Harnish - IR Peter Kelly - CEO Ryan Miller - VP of Finance, Marketplace Business Conferenc...

20 hours ago - Seeking Alpha

OPENLANE, Inc. Reports First Quarter 2025 Financial Results

Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99%...

1 day ago - PRNewsWire

OPENLANE Names Brad Herring Chief Financial Officer

Bolsters Leadership Bench With More Than 30 Years of Financial Management and Investor Relations Expertise CARMEL, Ind. , April 22, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator ...

16 days ago - PRNewsWire

OPENLANE to Announce First Quarter 2025 Earnings

CARMEL, Ind. , April 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2025 financial results ...

22 days ago - PRNewsWire

Will Openlane Appoint A CFO Or Sell Itself, That Is The Question

Openlane currently has a vacant CFO position. Remaining management was recently awarded new time-based RSUs. Openlane operates in an attractive wholesale auto market which is large, fragmented and rip...

7 weeks ago - Seeking Alpha

OPENLANE, Inc. (KAR) Q4 2024 Earnings Call Transcript

OPENLANE, Inc. (NYSE:KAR) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Itunu Orelaru - Head-Investor Relations Peter Kelly - Chief Executive Officer Brad Lakhia ...

2 months ago - Seeking Alpha

OPENLANE, Inc. Reports 2024 Financial Results

CARMEL, Ind. , Feb. 19, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its fourth quarter and annual financial results for the period ended December 31, 2024.

2 months ago - PRNewsWire

OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings

CARMEL, Ind., Jan. 29, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2024 finan...

3 months ago - PRNewsWire

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...

6 months ago - Business Wire

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...

6 months ago - PRNewsWire

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript

OPENLANE, Inc. (KAR) Q3 2024 Earnings Call Transcript

6 months ago - Seeking Alpha

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.

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

9 months ago - Seeking Alpha

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.

9 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

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...

10 months ago - Seeking Alpha

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 ...

10 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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 ...

1 year ago - Seeking Alpha

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.

1 year ago - PRNewsWire