CarMax, Inc. (NYSE:KMX) Expected to Post Q4 2025 Earnings of $0.67 Per Share

CarMax, Inc. (NYSE:KMX) – Equities research analysts at Zacks Research lowered their Q4 2025 earnings estimates for shares of CarMax in a report issued on Thursday, April 25th. Zacks Research analyst R. Singhi now anticipates that the company will earn $0.67 per share for the quarter, down from their previous estimate of $0.90. The consensus estimate for CarMax’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for CarMax’s FY2026 earnings at $3.86 EPS.

CarMax (NYSE:KMX) last announced its quarterly earnings results on Thursday, April 11th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.13). The company had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.76 billion. CarMax had a return on equity of 7.26% and a net margin of 1.81%. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS.

Other equities analysts also recently issued reports about the stock. Truist Financial dropped their target price on shares of CarMax from $75.00 to $72.00 and set a “hold” rating on the stock in a research note on Friday, April 12th. Robert W. Baird dropped their target price on shares of CarMax from $88.00 to $84.00 and set an “outperform” rating on the stock in a research note on Friday, April 12th. Mizuho dropped their target price on shares of CarMax from $80.00 to $75.00 and set a “neutral” rating on the stock in a research note on Friday, April 12th. Needham & Company LLC dropped their price objective on shares of CarMax from $99.00 to $91.00 and set a “buy” rating on the stock in a research note on Friday, April 12th. Finally, Oppenheimer reiterated an “outperform” rating and set a $105.00 price objective on shares of CarMax in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $77.42.

CarMax Stock Performance

CarMax stock opened at $69.59 on Monday. The company has a debt-to-equity ratio of 2.96, a current ratio of 2.26 and a quick ratio of 0.67. CarMax has a 1-year low of $59.66 and a 1-year high of $88.22. The firm has a market capitalization of $10.95 billion, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 1.16 and a beta of 1.61. The company’s 50-day moving average is $77.98 and its 200 day moving average is $72.14.

Insider Activity

In related news, EVP Diane L. Cafritz sold 15,356 shares of the company’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the sale, the executive vice president now owns 6,977 shares in the company, valued at approximately $485,110.81. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.66% of the company’s stock.

Hedge Funds Weigh In On CarMax

Large investors have recently made changes to their positions in the stock. Allworth Financial LP grew its stake in CarMax by 153.3% in the 4th quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $26,000 after acquiring an additional 207 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in CarMax by 1,081.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 437 shares of the company’s stock valued at $34,000 after acquiring an additional 400 shares during the last quarter. Mendota Financial Group LLC acquired a new stake in CarMax in the 4th quarter valued at about $37,000. MCF Advisors LLC acquired a new stake in CarMax in the 4th quarter valued at about $46,000. Finally, Lindbrook Capital LLC grew its stake in CarMax by 32.8% in the 4th quarter. Lindbrook Capital LLC now owns 628 shares of the company’s stock valued at $48,000 after acquiring an additional 155 shares during the last quarter.

About CarMax

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.