Openlane KAR
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Openlane (KAR) Business Model and Operations Summary
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
Key Insights
Openlane (KAR) Core Market Data and Business Metrics
Latest Closing Price
$18.84Market Cap
$2.12 BillionPrice-Earnings Ratio
41.87Total Outstanding Shares
108.30 Million SharesTotal Employees
4,500Dividend
$0.19 Per Share QuarterlyIPO Date
December 11, 2009SIC Description
Retail-auto Dealers & Gasoline StationsPrimary Exchange
New York Stock ExchangeHeadquarters
11299 N. Illinois Street, Carmel, IN, 46032
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 4,364,499 Shares | -1.31% | 3/14/2025 | 4.6 |
| 4,422,291 Shares | -8.43% | 2/28/2025 | 4.44 |
| 4,829,391 Shares | +6.86% | 2/14/2025 | 8.18 |
| 4,519,366 Shares | -0.50% | 1/31/2025 | 8.86 |
| 4,541,849 Shares | +3.67% | 1/15/2025 | 7.71 |
| 4,380,920 Shares | -4.16% | 12/31/2024 | 4.51 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $24.80 Million |
| Net Cash Flow From Investing Activities, Continuing | $-70.90 Million |
| Net Cash Flow From Operating Activities | $291.40 Million |
| Net Cash Flow From Financing Activities | $-173.90 Million |
| Net Cash Flow From Financing Activities, Continuing | $-173.90 Million |
| Net Cash Flow From Operating Activities, Continuing | $292.80 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Operating Income/Loss | $182.20 Million |
| Income Tax Expense/Benefit | $48 Million |
| Revenues | $1.79 Billion |
| Income Tax Expense/Benefit, Deferred | $1.70 Million |
| Provision For Loan, Lease, And Other Losses | $47.60 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $77.50 Million |
| Comprehensive Income/Loss Attributable To Parent | $77.50 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $-32.40 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-32.40 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Current Liabilities | $2.57 Billion |
| Equity Attributable To Parent | $1.34 Billion |
| Current Assets | $2.85 Billion |
| Other Current Liabilities | $1.98 Billion |
| Other Non-current Assets | $1.62 Billion |
| Assets | $4.62 Billion |
Historical Dividends
Current dividend: $0.19 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 18, 2020 | Apr 3, 2020 | Mar 20, 2020 | $0.19 | Quarterly |
| Nov 5, 2019 | Jan 3, 2020 | Dec 20, 2019 | $0.19 | Quarterly |
| Aug 6, 2019 | Oct 3, 2019 | Sep 20, 2019 | $0.19 | Quarterly |
| May 7, 2019 | Jun 17, 2019 | Jun 3, 2019 | $0.35 | Quarterly |
| Feb 19, 2019 | Apr 4, 2019 | Mar 22, 2019 | $0.35 | Quarterly |
| Nov 6, 2018 | Jan 4, 2019 | Dec 20, 2018 | $0.35 | Quarterly |