OPENLANE, Inc. (KAR) |
| 27.44 0.11 (0.4%) 03-17 09:30 |
| Open: | 27.87 |
| High: | 28.09 |
| Low: | 27.42 |
| Volume: | 572,037 |
| Market Cap: | 2,916(M) |
| PE Ratio: | 31.54 |
| Exchange: | New York Stock Exchange |
| Industry: | Auto - Dealerships |
| Sector: | Consumer Cyclical |
| Technical analysis | ||||
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| sell | buy | |||
| Resistance 2: | 31.30 |
| Resistance 1: | 29.83 |
| Pivot price: | 29.01 |
| Support 1: | 27.45 |
| Support 2: | 22.84 |
| 52w High: | 31.16 |
| 52w Low: | 17.08 |
OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana, functions as a leading digital ecosystem for the trading of pre-owned vehicles. This platform seamlessly connects both sellers and buyers across the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are strategically divided into two core areas: Marketplace and Finance. The Marketplace segment provides advanced digital solutions for automotive transactions, including the OPENLANE platform, which empowers dealerships with mobile app-enabled tools for efficient inventory sourcing and sales. Beyond its central trading capabilities, this division also furnishes a comprehensive array of supplementary services designed to streamline the vehicle transaction lifecycle. These include full-service logistics for transportation, reconditioning, thorough vehicle inspection and certification, title management, various administrative support tasks, and collateral recovery. Its diverse clientele encompasses commercial fleet operators, financial institutions, car rental agencies, new and used vehicle dealerships, and automotive manufacturers. Conversely, the Finance segment focuses on delivering short-term, inventory-backed lending solutions, specifically floorplan financing, predominantly to independent vehicle dealers. It also extends its services to other commercial and franchise dealer partners. Notably, the enterprise, previously known as KAR Auction Services, Inc., underwent a rebranding and officially became OPENLANE, Inc. in May 2023.
| EPS | 0.870 |
| Book Value | 13.400 |
| PEG Ratio | 0.00 |
| Gross Profit | 8.324 |
| Profit Margin (%) | 9.00 |
| Operating Margin (%) | 16.67 |
| Return on Assets (ttm) | 4.4 |
| Return on Equity (ttm) | 8.6 |
Tue, 05 May 2026
ADESA’s Parent Company KAR Auction Services Completes OPENLANE Acquisition - Automotive Fleet
Tue, 16 Dec 2025
OPENLANE to Change Stock Ticker to OPLN - OPENLANE Corporate
Fri, 05 May 2023
KAR Global Announces Retirement of Executive Chairman Jim Hallett - OPENLANE Corporate
Wed, 03 May 2023
KAR Global Rebrands as OPENLANE - Automotive Fleet
Tue, 02 May 2023
KAR Global Hires Brad Lakhia as Chief Financial Officer - OPENLANE Corporate
Tue, 02 May 2023
KAR Global announces rebrand under the name Openlane; company swings to Q1 profit - Automotive News
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