How to Buy Openlane Stock
Openlane Inc
Openlane is a auto & truck dealership company located in Indiana, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker KAR on the NYSE exchange.
Openlane stock last closed at $18.26, down 2.46% from the previous day, and has increased 7.35% in one year. It has underperformed other stocks in the Auto & Truck Dealerships industry by 0.09 percentage points. Openlane stock is currently +18.26% from its 52-week low of $15.44, and -18.74% from its 52-week high of $22.47.
There are currently 106.91M KAR shares outstanding. The market cap of KAR is $1.95B. In the past 24 hours, 557,807 KAR shares were traded.
How to Buy Openlane Stock
Not sure how to invest in Openlane stock? Here's how.
- Choose where to buy Openlane stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Openlane stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Research Openlane stock: The Openlane ticker symbol is KAR. Is Openlane stock a good investment? Should you buy shares of KAR? How do KAR's underlying business fundamentals look? Do top analysts think Openlane is a good buy? Why has KAR's stock price moved recently? (Hint: Our stock market research tools can help you decide if KAR is a good stock to buy).
- Execute your KAR trade: Decide if you will purchase KAR shares at the current market price or use a limit order to purchase KAR stock at a given price.
- Get the latest news on your investment in KAR: Create a watchlist to get live updates on your position in Openlane shares.
Step 1: Choose where to buy Openlane stock
You will need a brokerage account to access the NYSE market and buy KAR stock.
Our favorite brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you are able to buy KAR stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below for more details depositing money into your new brokerage account.
Step 4: Research Openlane stock
After you have identified the best place to buy Openlane stock, it's critical to evaluate their stock before you invest, so you can understand the risk and upside.
Openlane stock data
Openlane Due Diligence Score
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on KAR's stock page.
Is KAR stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KAR's intrinsic value.
Using relative valuations metrics:
- KAR could be undervalued based on its P/E ratio of 39.7x, relative to Auto & Truck Dealerships industry P/E ratio of 54.54x
- KAR may be undervalued based on its P/B ratio of 1.45x, relative to Auto & Truck Dealerships industry P/B ratio of 2.84x
- KAR could be undervalued based on its PEG ratio of 0.72x
You can access more valuation research on KAR's stock here.
KAR Financial Summary
Signs that KAR is financially healthy:
- KAR's operating cash flow of $291.40M allows it to safely service it's debt of $282.90M.
- Total KAR debt is lower than 5 years ago, relative to shareholder equity.
- KAR profit margin has gone up from -9.1% to 6.1% in the past year.
- There are more short-term assets than short-term liabilities on the KAR balance sheet.
- There are more short-term assets than long-term liabilities on the KAR balance sheet.
Signs that KAR is not financially healthy:
- KAR earnings of $303.20M is not sufficient to cover its interest payments.
- KAR has a relatively high debt to equity ratio of 2.44.
Is KAR stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who monitor KAR, the consensus analyst rating on KAR is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Openlane stock forecast page.
Metrics for Advanced KAR Traders
KAR Revenue
Last year, KAR earnings were $109.90M. During the past five year, KAR's earnings have increased by -20.3% per year. This was slower than the Auto & Truck Dealerships industry average of -15.54%.
Last year, KAR revenue was $1.79B. During the last 5 year, KAR's revenue has gone up by -8.46% per year. This was slower than the Auto & Truck Dealerships industry average of 17.83%.
Learn more about KAR's earnings and revenue performance here.
Latest Insiders Trades at KAR
In the past year, executives and large shareholders at KAR have sold more shares than they have bought.
Mary Ellen Smith, Director of KAR, was the latest KAR insider to buy. They bought $23,136.00 worth of KAR stock on Mar 31, 2025.
Get more info about who owns KAR shares here.
Does KAR stock generate passive income?
No, Openlane doesn't provide an income stream by paying out dividends.
What others are saying about KAR
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your KAR trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in KAR
Now that you own some KAR shares, you'll want to stay up-to-date on your investment.
Put KAR on a watchlist to get notified of important updates regarding your KAR stock.
KAR Feed
How to Buy Stock in Openlane
To reiterate, here are the 6 steps to buy stock in Openlane:
- Choose where to buy Openlane stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Openlane stock
- Execute your KAR trade
- Get the latest news on your investment in KAR
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Openlane, add KAR to your watchlist by clicking the button below.
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