CarMax (KMX) Stock Price, News & Analysis

Company Overview

CarMax, Inc. is a specialty retailer of used vehicles and one of the largest automotive retailers in the United States. The company sells a broad selection of used cars, trucks and sport utility vehicles through its retail locations and online platform. CarMax also purchases vehicles from consumers and other sources, providing customers with a streamlined alternative to traditional private-party sales.

In addition to retail sales, CarMax operates wholesale vehicle auctions for vehicles that do not meet its retail standards or business requirements. The company offers financing through CarMax Auto Finance and works with third-party lenders, while its service offerings include vehicle protection products and automotive repair and maintenance services.

CarMax was founded in 1993 as a used-car retail concept developed by Circuit City and became an independent, publicly traded company in 2002. The company serves customers throughout the United States through a combination of physical dealerships, inventory distribution and digital purchasing tools, including online vehicle research, appraisal and transaction capabilities.

Key Stats

• Today's Range: $60.71 to $62.25
• 50-Day Range: $50.22 to $64.18
• 52-Week Range: $30.26 to $65.28
• Volume: 1.36 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: $8.72 billion
• P/E Ratio: 40.18
• Dividend Yield: N/A
• Price Target: $51.00
• Consensus Rating: Hold

CarMax Stock Analysis - MarketRank™

CarMax scored higher than 56% of companies evaluated by MarketBeat, and ranked 254th out of 484 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

CarMax has received a consensus rating of Hold. The company's average rating score is 2.05, and is based on 1 strong buy rating, 2 buy ratings, 14 hold ratings, and 3 sell ratings.

Downside Risk

CarMax has a consensus price target of $51.00, representing about 17.0% downside from its current price of $61.47.

Amount of Analyst Coverage

CarMax has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.29%

Earnings Growth

Earnings for CarMax are expected to grow by 14.29% in the coming year, from $2.73 to $3.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarMax is 40.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarMax is 40.18, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 45.78.

Price to Earnings Growth Ratio

CarMax has a PEG Ratio of 2.81. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CarMax has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.96% of the float of CarMax has been sold short.

Short Interest Ratio / Days to Cover

CarMax has a short interest ratio ("days to cover") of 6.43.

Change versus previous month

Short interest in CarMax has recently decreased by 11.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarMax does not currently pay a dividend.

Dividend Growth

CarMax does not have a long track record of dividend growth.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.26

News Sentiment

CarMax has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for CarMax this week, compared to 10 articles on an average week.

Search Interest

23 people have searched for KMX on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

3 insiders have purchased shares of CarMax in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $735,574.00 in company stock, which represents 0.0084% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, CarMax insiders have bought more of their company's stock than they have sold. Specifically, they have bought $735,574.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.01% of the stock of CarMax is held by insiders.

Percentage Held by Institutions

CarMax has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 6/17/2026
• Today: 9/13/2026
• Next Earnings (Estimated): 9/29/2026
• Fiscal Year End: 2/28/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Specialty Retail
• Sub-Industry: Automotive Retail
• Current Symbol: NYSE:KMX
• CIK: 1170010
• Web: www.carmax.com
• Phone: (804) 747-0422
• Fax: 804-217-6819
• Employees: 27,796
• Year Founded: 1993

Price Target and Rating

• Average Price Target for CarMax: $51.00
• High Price Target: $66.00
• Low Price Target: $35.00
• Potential Upside/Downside: -17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.05
• Research Coverage: 20 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.53
• Trailing P/E Ratio: 40.18
• Forward P/E Ratio: 22.52
• P/E Growth: 2.81
• Net Income: $247.29 million
• Net Margins: 0.84%
• Pretax Margin: 1.36%
• Return on Equity: 6.64%
• Return on Assets: 1.53%

Debt

• Debt-to-Equity Ratio: 2.87
• Current Ratio: 2.70
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $25.88 billion
• Price / Sales: 0.34
• Cash Flow: $6.48 per share
• Price / Cash Flow: 9.49
• Book Value: $41.53 per share
• Price / Book: 1.48

Miscellaneous

• Outstanding Shares: 141,910,000
• Free Float: 140,478,000
• Market Cap: $8.72 billion
• Optionable: Optionable
• Beta: 1.17