KAR - KAR Auction Services, Inc.

NYSE - NYSE Delayed Price. Currency in USD
60.37
+0.30 (+0.50%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close60.07
Open60.42
Bid60.47 x 800
Ask60.48 x 900
Day's Range59.95 - 60.58
52 Week Range43.32 - 64.55
Volume1,979,268
Avg. Volume1,471,123
Market Cap8.055B
Beta (3Y Monthly)1.00
PE Ratio (TTM)25.80
EPS (TTM)2.34
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & Yield1.40 (2.33%)
Ex-Dividend Date2019-05-31
1y Target Est64.83
Trade prices are not sourced from all markets
  • Markit21 hours ago

    See what the IHS Markit Score report has to say about KAR Auction Services Inc.

    KAR Auction Services Inc NYSE:KARView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for KAR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting KAR. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding KAR are favorable, with net inflows of $3.24 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • KAR Announces SEC Declares IAA, Inc. Form 10 Effective
    PR Newswire5 days ago

    KAR Announces SEC Declares IAA, Inc. Form 10 Effective

    CARMEL, Ind., June 14, 2019 /PRNewswire/ -- KAR Auction Services Inc. (KAR) ("KAR") announced today that the Securities and Exchange Commission (SEC) has declared IAA, Inc.'s ("IAA") Registration Statement on Form 10 effective. As previously announced, the distribution is expected to be made at 12:01 a.m. Eastern Daylight Time ("EDT") on June 28, 2019, to KAR common stockholders of record as of 5:00 p.m. EDT on June 18, 2019, the record date for the distribution. KAR expects to complete the distribution of all of the outstanding shares of common stock of IAA to KAR common stockholders on a pro rata basis.

  • IAA Opens Third Branch in Houston Metro Area
    PR Newswire6 days ago

    IAA Opens Third Branch in Houston Metro Area

    Company Continues Growth with 17th Branch in Texas WESTCHESTER, Ill. , June 13, 2019 /PRNewswire/ -- Insurance Auto Auctions Inc. (IAA), a business unit of global vehicle remarketing and technology solutions ...

  • Were Hedge Funds Right About Flocking Into KAR Auction Services Inc (KAR) ?
    Insider Monkey8 days ago

    Were Hedge Funds Right About Flocking Into KAR Auction Services Inc (KAR) ?

    Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]

  • Do You Know What KAR Auction Services, Inc.'s (NYSE:KAR) P/E Ratio Means?
    Simply Wall St.13 days ago

    Do You Know What KAR Auction Services, Inc.'s (NYSE:KAR) P/E Ratio Means?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

  • KAR Launches State-of-the-Art Data Science Pricing Tool for Commercial Consignment Customers
    PR Newswire13 days ago

    KAR Launches State-of-the-Art Data Science Pricing Tool for Commercial Consignment Customers

    "Pricing Insights" Is the Latest Entry in the DRIVIN Insights™ Product Suite CARMEL, Ind. , June 6, 2019 /PRNewswire/ -- KAR Auction Services Inc. (NYSE: KAR) launches its DRIVIN-powered Pricing ...

  • KAR Board of Directors Approves IAA Salvage Auction Business Spin-Off
    PR Newswire14 days ago

    KAR Board of Directors Approves IAA Salvage Auction Business Spin-Off

    CARMEL, Ind., June 5, 2019 /PRNewswire/ -- KAR Auction Services Inc. (KAR) announced today that its board of directors (the "Board") formally approved the separation of its salvage auction business from KAR through a distribution of all of the outstanding shares of common stock of its wholly-owned subsidiary, IAA Spinco Inc. (to be renamed IAA, Inc.) ("IAA"), to KAR stockholders on a pro rata basis. In connection with the approval, the Board has set the distribution ratio, record date and distribution date for the spin-off.

  • CarsArrive Auto Relocation Offers Consumer-Direct Car-Shipping Services
    PR Newswire15 days ago

    CarsArrive Auto Relocation Offers Consumer-Direct Car-Shipping Services

    Website Lets Consumers Arrange Vehicle Transportation in Three Easy Steps CARMEL, Ind. , June 4, 2019 /PRNewswire/ -- CarsArrive Network, a business unit of global vehicle remarketing and technology solutions ...

  • HIBB vs. KAR: Which Stock Is the Better Value Option?
    Zacks20 days ago

    HIBB vs. KAR: Which Stock Is the Better Value Option?

    HIBB vs. KAR: Which Stock Is the Better Value Option?

  • KAR Auction Services Announces Participation in Upcoming Investor Conference
    PR Newswire21 days ago

    KAR Auction Services Announces Participation in Upcoming Investor Conference

    CARMEL, Ind. , May 29, 2019 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor ...

  • ADESA.com Introduces Industry-Leading Natural Language Search Functionality
    PR Newswire21 days ago

    ADESA.com Introduces Industry-Leading Natural Language Search Functionality

    Advanced Capabilities Emulate Technology Used by Search Engine and E-Commerce Giants CARMEL, Ind. , May 29, 2019 /PRNewswire/ -- ADESA, a business unit of global vehicle remarketing and technology solutions ...

  • KAR Joins Mobility Open Blockchain Initiative (MOBI) Working Group on Electric Vehicle Grid Integration (EVGI)
    PR Newswire22 days ago

    KAR Joins Mobility Open Blockchain Initiative (MOBI) Working Group on Electric Vehicle Grid Integration (EVGI)

    Only Automotive Remarketer to Help Develop Potential EV Use Case Pilots CARMEL, Ind. , May 28, 2019 /PRNewswire/ -- KAR Auction Services Inc., announces its participation in the Mobility Open Blockchain ...

  • Moody's26 days ago

    KAR Auction Services, Inc -- Moody's confirms KAR Auction Services, Inc.'s ratings after the separation of IAA; outlook is stable

    Moody's Investors Service ("Moody's") confirmed KAR Auction Services, Inc. ("KAR") credit ratings, including the B1 Corporate Family Rating ("CFR") and B1-PD Probability of Default Rating, the Ba2 senior secured rating and the B3 senior unsecured rating. Moody's also affirmed the SGL-1 Speculative Grade Liquidity rating.

  • Mario Cibelli Picks Up 3 Stocks in 1st Quarter
    GuruFocus.com27 days ago

    Mario Cibelli Picks Up 3 Stocks in 1st Quarter

    Activist guru buys Booking Holdings, KAR Auction Services and Eventbrite

  • IAA Announces Pricing and Upsizing of Senior Notes Offering
    PR Newswire28 days ago

    IAA Announces Pricing and Upsizing of Senior Notes Offering

    CARMEL, Ind., May 22, 2019 /PRNewswire/ -- IAA Spinco Inc. (to be renamed IAA, Inc.) ("IAA") announced today that it has priced its previously announced offering of 5.500% senior notes due 2027 (the "notes"), in connection with the previously announced spin-off of IAA from KAR Auction Services, Inc. (KAR) ("KAR"). IAA intends to use the net proceeds from the notes offering, together with expected borrowings of $800 million under senior secured credit facilities into which IAA anticipates entering into, to pay a special dividend to KAR and to pay fees and expenses related to the spin-off. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

  • Recovery Database Network Launches Industry-First All-in-One Solution for Tracking Repossession Status
    PR Newswire29 days ago

    Recovery Database Network Launches Industry-First All-in-One Solution for Tracking Repossession Status

    "On-Hook Status" Feature Integrates RDN with Clearplan to Provide Lenders with Instantaneous Notifications CARMEL, Ind. , May 21, 2019 /PRNewswire/ -- Recovery Database Network (RDN), a business ...

  • Moody'slast month

    IAA Spinco Inc. -- Moody's assigns B2 to IAA Spinco Inc.'s new senior unsecured notes, affirms Ba3 Corporate Family Rating and Ba2 senior secured rating; outlook is stable

    Moody's Investors Service ("Moody's") affirmed IAA Spinco Inc.'s ("IAA") Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating and Ba2 senior secured rating. Moody's also assigned a B2 rating to the company's proposed $400 million 8-year senior unsecured notes.

  • IAA Announces Proposed Senior Notes Offering
    PR Newswirelast month

    IAA Announces Proposed Senior Notes Offering

    CARMEL, Ind., May 20, 2019 /PRNewswire/ -- IAA Spinco Inc. (to be renamed IAA, Inc.) ("IAA") announced today that it plans to offer, subject to market conditions, $400 million aggregate principal amount of senior notes due 2027 (the "notes"), in connection with the previously announced spin-off of IAA from KAR Auction Services, Inc. (KAR) ("KAR"). IAA intends to use the net proceeds from the notes offering, together with borrowings under senior secured credit facilities into which IAA anticipates entering into, to pay a special dividend to KAR and to pay fees and expenses related to the spin-off. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of KAR earnings conference call or presentation 8-May-19 3:00pm GMT

    Q1 2019 KAR Auction Services Inc Earnings Call

  • OPENLANE® Celebrates Two Decades of Pioneering Upstream Remarketing
    PR Newswirelast month

    OPENLANE® Celebrates Two Decades of Pioneering Upstream Remarketing

    CARMEL, Ind., May 14, 2019 /PRNewswire/ -- KAR Auction Services, Inc., announces the 20-year anniversary of OPENLANE®, the world's largest, most trusted and most utilized upstream remarketing platform for OEM, captive finance, financial institution and fleet customers. OPENLANE provides data analytics and comprehensive technology solutions for more than 40 upstream marketplaces supporting 80 percent of North America's private label brands. OPENLANE was acquired by KAR Auction Services (KAR) in 2011, and over the last 12 months, has facilitated the sale of more than one million vehicles on behalf of its customers.

  • Should KAR Auction Services, Inc. (NYSE:KAR) Be Part Of Your Dividend Portfolio?
    Simply Wall St.last month

    Should KAR Auction Services, Inc. (NYSE:KAR) Be Part Of Your Dividend Portfolio?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Moody'slast month

    IAA Spinco Inc. -- Moody's assigns Ba3 to IAA Spinco Inc.; outlook is stable

    Ratings assigned to $1.1 billion of senior secured debt as part of the company's tax free spin-off from KAR Auction Services, Inc. New York, May 10, 2019 -- Moody's Investors Service ("Moody's") assigned IAA Spinco Inc. ("IAA") a Ba3 Corporate Family Rating and a Ba3-PD Probability of Default Rating. The company also intends to issue approximately $400 million of other unsecured debt, which is unrated at this point.

  • KAR Auction Services, Inc (KAR) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    KAR Auction Services, Inc (KAR) Q1 2019 Earnings Call Transcript

    KAR earnings call for the period ending March 31, 2019.