NYSE:KMX

CarMax (KMX) Stock Price, News & Analysis

$69.69
+1.81 (+2.67%)
(As of 04:10 PM ET)
Today's Range
$68.02
$70.00
50-Day Range
$67.88
$87.11
52-Week Range
$59.66
$88.22
Volume
1.56 million shs
Average Volume
2.00 million shs
Market Capitalization
$10.97 billion
P/E Ratio
23.00
Dividend Yield
N/A
Price Target
$77.42

CarMax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
11.0% Upside
$77.42 Price Target
Short Interest
Bearish
12.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.09mentions of CarMax in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$2.74 M Sold Last Quarter
Proj. Earnings Growth
16.06%
From $3.30 to $3.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Retail/Wholesale Sector

85th out of 200 stocks

Automotive Dealers & Gasoline Service Stations Industry

5th out of 18 stocks

KMX stock logo

About CarMax Stock (NYSE:KMX)

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

KMX Stock Price History

KMX Stock News Headlines

CarMax: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. NYSE: KMX is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling experience for customers. CarMax built its reputation on its no-haggle listed price policy.
CarMax: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. (NYSE: CMX) is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Carmax Returns to the Bargain Basement: Buy the Dip?
CarMax, Inc. NYSE: KMX shares are down a solid 10% following a weak Q4 earrings report and a revision in the long-term guidance. The company didn't lower its sales targets.
Carmax Returns to the Bargain Basement: Buy the Dip? 
Carmax is gaining leverage for an auto sales recovery that could begin this year when the FOMC cuts interest rates. The only question is the timing.
Edmunds picks the best used plug-in hybrids that qualify for the federal tax credit
If you’re in the market for a used car and want to score a nice discount, consider getting a plug-in hybrid vehicle that qualifies for the federal tax credit
StockNews.com Upgrades CarMax (NYSE:KMX) to "Sell"
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
CarMax Unveils Latest Trends in Used EV Shopping
CarMax (NYSE:KMX) Given "Outperform" Rating at Wedbush
Truist Financial Trims CarMax (NYSE:KMX) Target Price to $72.00
CarMax (NYSE:KMX) PT Lowered to $84.00 at Robert W. Baird
Mizuho Lowers CarMax (NYSE:KMX) Price Target to $75.00
Evercore ISI Lowers CarMax (NYSE:KMX) Price Target to $74.00
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
4/23/2024
Next Earnings (Estimated)
6/28/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
29,836
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$77.42
High Stock Price Target
$105.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$479.20 million
Pretax Margin
2.42%

Debt

Sales & Book Value

Annual Sales
$26.54 billion
Cash Flow
$4.65 per share
Book Value
$38.47 per share

Miscellaneous

Free Float
154,775,000
Market Cap
$10.68 billion
Optionable
Optionable
Beta
1.61

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KMX Stock Analysis - Frequently Asked Questions

Should I buy or sell CarMax stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMX, but not buy additional shares or sell existing shares.
View KMX analyst ratings
or view top-rated stocks.

What is CarMax's stock price target for 2024?

12 brokerages have issued 12 month target prices for CarMax's stock. Their KMX share price targets range from $50.00 to $105.00. On average, they expect the company's stock price to reach $77.42 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for KMX
or view top-rated stocks among Wall Street analysts.

How have KMX shares performed in 2024?

CarMax's stock was trading at $76.74 on January 1st, 2024. Since then, KMX shares have decreased by 9.1% and is now trading at $69.77.
View the best growth stocks for 2024 here
.

When is CarMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 28th 2024.
View our KMX earnings forecast
.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) issued its quarterly earnings data on Thursday, April, 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.13. The company earned $5.63 billion during the quarter, compared to analyst estimates of $5.76 billion. CarMax had a net margin of 1.81% and a trailing twelve-month return on equity of 7.26%. The firm's revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.44 earnings per share.
Read the conference call transcript
.

What is Bill Nash's approval rating as CarMax's CEO?

1,023 employees have rated CarMax Chief Executive Officer Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among the company's employees.

What other stocks do shareholders of CarMax own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and Home Depot (HD).

Who are CarMax's major shareholders?

CarMax's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Check Capital Management Inc. CA (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Nexus Investment Management ULC (0.22%), Raymond James & Associates (0.20%), Raymond James Financial Services Advisors Inc. (0.13%) and Confluence Investment Management LLC (0.09%). Insiders that own company stock include Charles Joseph Wilson, Diane L Cafritz, Diane L Cafritz, Edwin J Hill, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, James Lyski, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Ronald E Blaylock and William D Nash.
View institutional ownership trends
.

How do I buy shares of CarMax?

Shares of KMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does CarMax have any subsidiaries?
The following companies are subsidiares of CarMax: CarMax Auto Superstores, CarMax Auto Superstores California, CarMax Auto Superstores Services, CarMax Auto Superstores West Coast, CarMax Business Services, CarMax Enterprise Services LLC, Edmunds, and Glen Allen Insurance.
Read More
This page (NYSE:KMX) was last updated on 4/23/2024 by MarketBeat.com Staff

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