Buy KAR

Logo for stock KAR (KAR)

Amount

£
GBP

Latest price

$20.965
(£1.00 = $1.241)

Number of shares (est.)

0

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Metrics

Market Cap

$2.253B

P/E ratio

108.98

EPS

$0.194

Beta

1.56

Dividend rate

N/A

Dividend yield

N/A

About

OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. It offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. The Company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. The Company’s segments include Marketplace and Finance. The Marketplace segment serves a domestic and international customer base through digital marketplaces for wholesale vehicles that allow the buyers to inspect and compare vehicles. Its marketplace offerings allow it to offer vehicles for sale from any location. Digital marketplace sales are initiated online and include OPENLANE US, OPENLANE Canada and OPENLANE Europe sales. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada.

CEO

Mr. Peter J. Kelly

Employees

4,500

Sector

Cars

Company HQ

CARMEL, United States of America

News

Logo for news article #0 (OPENLANE to Announce Fourth Quarter and Full Year 2024 Earnings)

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 financial results after the market closes on Wednesday, Feb. 19, 2025.

PRNewsWire

January 29, 2025

Logo for news article #1 (5 Auto Stocks Poised to Continue Their Winning Streaks in 2025)

5 Auto Stocks Poised to Continue Their Winning Streaks in 2025

TSLA, GM, DORM, KAR and BLBD are poised to maintain strong momentum in 2025, driven by industry optimism, innovation and cost efficiency.

Zacks Investment Research

December 23, 2024

Logo for news article #2 (OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know)

OPENLANE (KAR) Upgraded to Buy: Here's What You Should Know

OPENLANE (KAR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Zacks Investment Research

December 18, 2024

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