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CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

CarGurus Dividend Announcement

• CarGurus does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on CarGurus dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

CarGurus Dividend Yield

CarGurus current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CarGurus stock? Use our calculator to estimate your expected dividend yield:

CarGurus Financial Ratios

P/E ratio-88.11
PEG ratio-1.69
P/B ratio7.80
ROE-8.08%
Payout ratio-0.13%
Current ratio2.95
Quick ratio2.95
Cash Ratio2.23

CarGurus Dividend FAQ

Does CarGurus stock pay dividends?
CarGurus does not currently pay dividends to its shareholders.
Has CarGurus ever paid a dividend?
No, CarGurus has no a history of paying dividends to its shareholders. CarGurus is not known for its dividend payments.
Why doesn't CarGurus pay dividends?
There are several potential reasons why CarGurus would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will CarGurus ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While CarGurus has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is CarGurus a dividend aristocrat?
CarGurus is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CarGurus a dividend king?
CarGurus is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CarGurus a dividend stock?
No, CarGurus is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy CarGurus stocks?
To buy CarGurus you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy CarGurus stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.