CarMax (KMX) Stock Price, News & Analysis

Company Overview

CarMax, Inc. is a retailer of used vehicles operating in the United States. The company sells a broad selection of used cars, trucks and SUVs through its dealership network and online platform, offering customers the ability to research, purchase and arrange delivery for vehicles through an omnichannel shopping experience.

In addition to retail vehicle sales, CarMax provides vehicle financing through CarMax Auto Finance and offers customers access to extended protection products and related services. The company also operates a wholesale business that sells vehicles that are not selected for its retail inventory, including through wholesale auctions.

CarMax opened its first store in Richmond, Virginia, in 1993, following the concept's development within Circuit City Stores. Headquartered in Richmond, the company serves customers across the United States through its retail locations and digital channels. Bill Nash serves as CarMax's president and chief executive officer.

Key Stats

• Today's Range: $49.83 to $51.31
• 50-Day Range: $50.63 to $64.18
• 52-Week Range: $30.26 to $65.28
• Volume: 3.13 million shs
• Average Volume: 3.17 million shs
• Market Capitalization: $7.22 billion
• P/E Ratio: 24.80
• Dividend Yield: N/A
• Price Target: $56.46
• Consensus Rating: Reduce

CarMax Stock Analysis - MarketRank™

CarMax scored higher than 51% of companies evaluated by MarketBeat, and ranked 312th out of 487 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: 2.9 / 5
• Analyst Rating: Reduce

Consensus Rating

CarMax has received a consensus rating of Reduce. The company's average rating score is 1.95, and is based on no strong buy ratings, 2 buy ratings, 14 hold ratings, and 3 sell ratings.

Upside Potential

CarMax has a consensus price target of $56.46, representing about 11.7% upside from its current price of $50.55.

Amount of Analyst Coverage

CarMax has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.97%

Earnings Growth

Earnings for CarMax are expected to grow by 9.97% in the coming year, from $3.01 to $3.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarMax is 24.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarMax is 24.72, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 45.58.

Price to Earnings Growth Ratio

CarMax has a PEG Ratio of 1.52. 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 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.66% 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 2.39, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarMax has recently increased by 9.64%, indicating that investor sentiment is decreasing 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: 2.5 / 5
• News Sentiment: 0.05

News Sentiment

CarMax has a news sentiment score of 0.05. 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 lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for CarMax this week, compared to 10 articles on an average week.

Search Interest

43 people have searched for KMX on MarketBeat in the last 30 days. This is an increase of 87% compared to the previous 30 days.

MarketBeat Follows

4 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CarMax insiders have not sold or bought any 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: 9/29/2026
• Today: 10/13/2026
• Strategic Update: 11/03/2026
• Next Earnings (Estimated): 12/17/2026
• 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: $56.46
• High Price Target: $74.00
• Low Price Target: $36.00
• Potential Upside/Downside: +11.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.95
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.05
• Trailing P/E Ratio: 24.80
• Forward P/E Ratio: 16.89
• P/E Growth: 1.52
• Net Income: $247.29 million
• Net Margins: 1.06%
• Pretax Margin: 1.65%
• Return on Equity: 7.76%
• Return on Assets: 1.81%

Debt

• Debt-to-Equity Ratio: 2.66
• Current Ratio: 2.33
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $27.63 billion
• Price / Sales: 0.26
• Cash Flow: $6.25 per share
• Price / Cash Flow: 8.14
• Book Value: $41.53 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 141,943,000
• Free Float: 140,509,000
• Market Cap: $7.22 billion
• Optionable: Optionable
• Beta: 1.23