|Bid||15.37 x 900|
|Ask||21.37 x 800|
|Day's range||18.33 - 18.64|
|52-week range||17.10 - 26.44|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||5.56|
|Forward dividend & yield||1.03 (5.74%)|
|Ex-dividend date||14 Oct 2021|
|1y target est||N/A|
Bank of America Global Research's 2022 Millennial Home Improvement Survey revealed that Millennials were the most likely cohort to buy a new home, with two-thirds of respondents saying they were likely to do so within two years.
Carvana stock has been on a steady downtrend since mid-2021 peaks, with declining earnings keeping the online used car retailer in a stock price rut. Despite macroeconomic headwinds and Carvana’s recent lackluster performance, Bank of America remains optimistic about the company’s business model.
Rates could spike sooner rather than later. Prepare your portfolio.