NYSE:KMX CarMax Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CarMax, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $95.82 +3.15 (+3.40%) (As of 07/5/2022 05:45 PM ET) Add Compare Share Today's Range$90.22▼$95.9150-Day Range$85.76▼$102.2452-Week Range$84.37▼$155.98Volume1.57 million shsAverage Volume1.72 million shsMarket Capitalization$15.25 billionP/E Ratio16.27Dividend YieldN/APrice Target$131.44 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CarMax MarketRank™ ForecastAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside37.2% Upside$131.44 Price TargetShort InterestBearish7.07% of Float Sold ShortDividend StrengthN/ASustainability-2.21Upright™ Environmental ScoreNews Sentiment0.13Based on 26 Articles This WeekInsider TradingSelling Shares$1.65 M Sold Last QuarterProj. Earnings Growth7.26%From $5.92 to $6.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.73 out of 5 starsRetail/Wholesale Sector40th out of 284 stocksAutomotive Dealers & Gasoline Service Stations Industry1st out of 28 stocks 4.3 Analyst's Opinion Consensus RatingCarMax has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $131.44, CarMax has a forecasted upside of 37.2% from its current price of $95.82.Amount of Analyst CoverageCarMax has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.07% of the float of CarMax has been sold short.Short Interest Ratio / Days to CoverCarMax has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in CarMax has recently increased by 1.53%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCarMax does not currently pay a dividend.Dividend GrowthCarMax does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarMax has received a -27.67% net impact score from Upright. The largest negative impact of CarMax in category "GHG emissions" seems to be driven mostly by its "Truck repair", "Online retail of cars", and "Physical retail of used cars at a car dealer" products. See details.Environmental SustainabilityThe Environmental Impact score for CarMax is -2.21. Previous Next 2.8 News and Social Media Coverage News SentimentCarMax has a news sentiment score of 0.13. 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 0.48 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 26 news articles for CarMax this week, compared to 7 articles on an average week.Search Interest6 people have searched for KMX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows11 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarMax insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,647,458.00 in company stock.Percentage Held by InsidersOnly 1.65% of the stock of CarMax is held by insiders.Percentage Held by Institutions96.10% of the stock of CarMax is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CarMax are expected to grow by 7.26% in the coming year, from $5.92 to $6.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarMax is 16.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 79.17.Price to Earnings Ratio vs. SectorThe P/E ratio of CarMax is 16.27, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.40.Price to Earnings Growth RatioCarMax has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCarMax has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KMX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CarMax and its competitors with MarketBeat's FREE daily newsletter. Email Address About CarMax (NYSE:KMX) StockCarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It 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. The company 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. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.Read More KMX Stock News HeadlinesJune 27, 2022 | marketbeat.comIs Carmax Stock Geared For Higher Prices? Carmax (NYSE: KMX) stock is geared for higher prices, the question is how high will they go? While the Q1 results were better than expected, several factors will weigh on share prices in future reporting periods.July 5, 2022 | stocknews.comKMX: CarMax Reports Strong Earnings – Buy, Sell, Hold? - StockNews.comJuly 1, 2022 | americanbankingnews.comQ3 2023 Earnings Estimate for CarMax, Inc. (NYSE:KMX) Issued By WedbushJune 30, 2022 | fool.comWhy CarMax Couldn't Cash in on Soaring Car Prices - The Motley FoolJune 30, 2022 | fool.comWhy CarMax Couldn't Cash in on Soaring Car PricesJune 30, 2022 | americanbankingnews.comRoyal Bank of Canada Raises CarMax (NYSE:KMX) Price Target to $108.00June 29, 2022 | seekingalpha.comCarvana Stock: Playing Devil's Advocate To The Recent Sell Side Note (NYSE:CVNA) - Seeking AlphaJune 29, 2022 | marketwatch.comIs the MaxCare CarMax Warranty Worth It? (2022 Guide) - MarketWatchJune 29, 2022 | usatoday.com4th of July car sales 2022: Follow these 7 tips to get deals - USA TODAYJune 29, 2022 | americanbankingnews.comSeaport Res Ptn Brokers Reduce Earnings Estimates for CarMax, Inc. (NYSE:KMX)June 27, 2022 | finance.yahoo.comAnalysts Hailed CarMax's Q1 Performance While Highlighting ConcernsJune 27, 2022 | nasdaq.comAuto Roundup: WGO and KMX's Quarterly Earnings Beat, TM's Output Cut and More - NasdaqJune 27, 2022 | benzinga.comWedbush Maintains Neutral on CarMax, Raises Price Target to $105 - Benzinga - BenzingaJune 27, 2022 | americanbankingnews.comCarMax (NYSE:KMX) Issues Quarterly Earnings ResultsJune 24, 2022 | seekingalpha.comCarMax stock moves upward on stronger than expected sales, profits (NYSE:KMX) - Seeking AlphaJune 24, 2022 | investors.comCarMax Stock Pops As Earnings Top With Used Car Prices Up 28% - Investor's Business DailyJune 24, 2022 | marketwatch.comCarMax earnings beat expectations, as higher prices boosted sales - MarketWatchJune 24, 2022 | nasdaq.comSanderson Farms and CarMax have been highlighted as Zacks Bull and Bear of the Day - NasdaqJune 24, 2022 | benzinga.comU.S. Stocks Open Higher; CarMax Posts Upbeat Earnings - Benzinga - BenzingaJune 24, 2022 | fool.comCarMax (KMX) Q1 2023 Earnings Call Transcript - The Motley FoolJune 24, 2022 | finance.yahoo.comCarMax Stock Jumps As KMX Earnings Top With Used Car Prices Spiking 28%June 24, 2022 | fool.comCarMax (KMX) Q1 2023 Earnings Call TranscriptJune 24, 2022 | seekingalpha.comCarMax GAAP EPS of $1.56 beats by $0.07, revenue of $9.3B beats by $150M (NYSE:KMX) - Seeking AlphaJune 24, 2022 | businesswire.comCarMax Reports First Quarter Fiscal 2023 Results - Business WireJune 23, 2022 | seekingalpha.comCarMax Q1 2023 Earnings Preview (NYSE:KMX) - Seeking AlphaSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:KMX CUSIP14313010 CIK1170010 Webwww.carmax.com Phone(804) 747-0422Fax804-217-6819Employees32,647Year Founded1993Company Calendar Last Earnings6/24/2022Today7/06/2022Next Earnings (Estimated)9/29/2022Fiscal Year End2/28/2023Price Target and Rating Average Stock Price Forecast$131.44 High Stock Price Forecast$165.00 Low Stock Price Forecast$105.00 Forecasted Upside/Downside+37.2%Consensus RatingModerate Buy Rating Score (0-4)2.58333333333333 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.89 Trailing P/E Ratio16.27 Forward P/E Ratio16.19 P/E Growth1.01Net Income$1.15 billion Net Margins2.88% Pretax Margin3.76% Return on Equity18.40% Return on Assets3.70% Debt Debt-to-Equity Ratio3.29 Current Ratio2.72 Quick Ratio0.63 Sales & Book Value Annual Sales$31.90 billion Price / Sales0.48 Cash Flow$9.01 per share Price / Cash Flow10.64 Book Value$33.93 per share Price / Book2.82Miscellaneous Outstanding Shares159,170,000Free Float156,540,000Market Cap$15.25 billion OptionableOptionable Beta1.40 Social Links CarMax 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 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CarMax stock. View analyst ratings for CarMax or view top-rated stocks. What is CarMax's stock price forecast for 2022? 12 Wall Street analysts have issued 1 year price targets for CarMax's shares. Their KMX stock forecasts range from $105.00 to $165.00. On average, they anticipate CarMax's share price to reach $131.44 in the next year. This suggests a possible upside of 37.2% from the stock's current price. View analysts' price targets for CarMax or view top-rated stocks among Wall Street analysts. How has CarMax's stock price performed in 2022? CarMax's stock was trading at $130.23 at the beginning of the year. Since then, KMX shares have decreased by 26.4% and is now trading at $95.82. View the best growth stocks for 2022 here. Are investors shorting CarMax? CarMax saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 11,130,000 shares, a drop of 15.5% from the May 15th total of 13,170,000 shares. Based on an average daily trading volume, of 1,920,000 shares, the short-interest ratio is presently 5.8 days. Currently, 7.0% of the shares of the company are short sold. View CarMax's Short Interest. When is CarMax's next earnings date? CarMax is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022. View our earnings forecast for CarMax. How were CarMax's earnings last quarter? CarMax, Inc. (NYSE:KMX) released its earnings results on Friday, June, 24th. The company reported $1.56 EPS for the quarter, missing analysts' consensus estimates of $1.60 by $0.04. CarMax had a trailing twelve-month return on equity of 18.40% and a net margin of 2.88%. During the same period in the prior year, the business posted $2.63 EPS. View CarMax's earnings history. Who are CarMax's key executives? CarMax's management team includes the following people: Mr. William D. Nash, Pres, CEO & Director (Age 53, Pay $5.04M)Mr. Enrique N. Mayor-Mora, Exec. VP & CFO (Age 53, Pay $1.68M) (LinkedIn Profile)Mr. Shamim Mohammad, Exec. VP and Chief Information & Technology Officer (Age 53, Pay $1.53M)Ms. Diane Long Cafritz, Exec. VP, Gen. Counsel, CHRO & Chief Compliance Officer (Age 51, Pay $1.2M) (LinkedIn Profile)Mr. James R. Lyski, Exec. VP & Chief Marketing Officer (Age 59, Pay $1.65M) (LinkedIn Profile)Ms. Jill A. Livesay, VP, Chief Accounting Officer & Controller (Age 53)Stacy Frole, VP of Investor RelationsMs. Trina Hoppin Lee, Assistant VP of Public Affairs & CommunicationsCorey Haire, VP of SalesMr. Charles Joseph Wilson, Sr. VP of Store Strategy & Logistics (Age 49) (LinkedIn Profile) What is Bill Nash's approval rating as CarMax's CEO? 1,023 employees have rated CarMax CEO Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among CarMax's employees. Who are some of CarMax's key competitors? Some companies that are related to CarMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), Lithia Motors (LAD), Penske Automotive Group (PAG), AutoNation (AN), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH) and America's Car-Mart (CRMT). View all of KMX's competitors. 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). What is CarMax's stock symbol? CarMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMX." Who are CarMax's major shareholders? CarMax's stock is owned by many different institutional and retail investors. Top institutional investors include Farmer Steven Patrick (0.09%) and Wiley BROS. Aintree Capital LLC (0.00%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Diane L Cafritz, Edwin J Hill, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Eric M Margolin, James Lyski, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Ronald E Blaylock, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr and William D Nash. View institutional ownership trends for CarMax. Which major investors are buying CarMax stock? KMX stock was purchased by a variety of institutional investors in the last quarter, including Farmer Steven Patrick, and Wiley BROS. Aintree Capital LLC. View insider buying and selling activity for CarMax or or view top insider-buying stocks. How do I buy shares of CarMax? Shares of KMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CarMax's stock price today? One share of KMX stock can currently be purchased for approximately $95.82. How much money does CarMax make? CarMax (NYSE:KMX) has a market capitalization of $15.25 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $5.89 on an earnings per share basis. How many employees does CarMax have? CarMax employs 32,647 workers across the globe. 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 When was CarMax founded? CarMax was founded in 1993. How can I contact CarMax? CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The official website for CarMax is www.carmax.com. The company can be reached via phone at (804) 747-0422, via email at investor_relations@carmax.com, or via fax at 804-217-6819. This page (NYSE:KMX) was last updated on 7/6/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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