OPENLANE (KAR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $20.98 to $21.27
• 50-Day Range: $20.00 to $22.34
• 52-Week Range: $15.44 to $22.47
• Volume: 451,258 shs
• Average Volume: 672,179 shs
• Market Capitalization: $2.26 billion
• P/E Ratio: 39.91
• Dividend Yield: N/A
• Price Target: $22.80
• Consensus Rating: Moderate Buy

OPENLANE Stock Analysis - MarketRank™

OPENLANE scored higher than 71% of companies evaluated by MarketBeat, and ranked 33rd out of 86 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

OPENLANE has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

OPENLANE has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 28.42%

Earnings Growth

Earnings for OPENLANE are expected to grow by 28.42% in the coming year, from $0.95 to $1.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OPENLANE is 39.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of OPENLANE is 39.91, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 18.95.

Price to Earnings Growth Ratio

OPENLANE has a PEG Ratio of 1.85. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

OPENLANE has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.21% of the float of OPENLANE has been sold short.

Short Interest Ratio / Days to Cover

OPENLANE has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in OPENLANE has recently decreased by 8.49%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

OPENLANE does not currently pay a dividend.

Dividend Growth

OPENLANE does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of OPENLANE is 143.40%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, OPENLANE will have a dividend payout ratio of 62.30% next year. This indicates that OPENLANE will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.1 / 5
• Environmental Score: -2.06

Percentage of Shares Shorted

4.21% of the float of OPENLANE has been sold short.

Short Interest Ratio / Days to Cover

OPENLANE has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in OPENLANE has recently decreased by 8.49%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.68

News Sentiment

OPENLANE has a news sentiment score of 0.68. 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 0.54 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for OPENLANE this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added OPENLANE to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, OPENLANE insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.32% of the stock of OPENLANE is held by insiders.

Percentage Held by Institutions

99.76% of the stock of OPENLANE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KAR Stock Analysis - Frequently Asked Questions

How have KAR shares performed this year?

OPENLANE's stock was trading at $19.84 on January 1st, 2025. Since then, KAR stock has increased by 6.6% and is now trading at $21.15.
View the best growth stocks for 2025 here.

How were OPENLANE's earnings last quarter?

OPENLANE, Inc. (NYSE:KAR) announced its earnings results on Wednesday, February, 19th. The specialty retailer reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The specialty retailer earned $455 million during the quarter, compared to the consensus estimate of $416.64 million. OPENLANE had a net margin of 6.27% and a trailing twelve-month return on equity of 9.20%.

Who are OPENLANE's major shareholders?

Top institutional investors of OPENLANE include Vanguard Group Inc. (11.23%), Burgundy Asset Management Ltd. (8.68%), Dimensional Fund Advisors LP (6.77%) and River Road Asset Management LLC (4.53%). Insiders that own company stock include James P Hallett, Peter J Kelly, James E Money II, James P Coyle, J Mark Howell, Brad S Lakhia and Michael T Kestner.
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.

What other stocks do shareholders of OPENLANE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OPENLANE investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Palo Alto Networks (PANW) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 2/19/2025
• Today: 3/25/2025
• Next Earnings (Estimated): 4/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Automotive dealers & gasoline service stations
• Sub-Industry: Diversified Support Services
• Current Symbol: NYSE:KAR
• CIK: 1395942
• Web: www.karauctionservices.com
• Phone: (800) 923-3725
• Fax: 317-843-4898
• Employees: 3,960
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.80
• High Stock Price Target: $26.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +7.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.53
• Trailing P/E Ratio: 39.99
• Forward P/E Ratio: 22.30
• P/E Growth: 1.85
• Net Income: $-154,100,000.00
• Net Margins: 6.27%
• Pretax Margin: 8.83%
• Return on Equity: 9.20%
• Return on Assets: 2.62%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.11
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $1.79 billion
• Price / Sales: 1.27
• Cash Flow: $2.15 per share
• Price / Cash Flow: 9.84
• Book Value: $12.57 per share
• Price / Book: 1.69

Miscellaneous

• Outstanding Shares: 106,911,000
• Free Float: 104,365,000
• Market Cap: $2.27 billion
• Optionable: Optionable
• Beta: 1.53