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S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Stock market today: Wall Street falls sharply to close out its worst week since October
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
NYSE:KMX

CarMax (KMX) Stock Price, News & Analysis

$71.40
-0.58 (-0.81%)
(As of 04/12/2024 ET)
Today's Range
$70.50
$72.46
50-Day Range
$70.62
$87.11
52-Week Range
$59.66
$88.22
Volume
4.23 million shs
Average Volume
1.97 million shs
Market Capitalization
$11.27 billion
P/E Ratio
22.67
Dividend Yield
N/A
Price Target
$79.58

CarMax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
10.2% Upside
$78.67 Price Target
Short Interest
Bearish
12.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.03mentions of CarMax in the last 14 days
Based on 76 Articles This Week
Insider Trading
Selling Shares
$2.74 M Sold Last Quarter
Proj. Earnings Growth
25.78%
From $2.87 to $3.61 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.

3.58 out of 5 stars

Retail/Wholesale Sector

226th out of 594 stocks

Automotive Dealers & Gasoline Service Stations Industry

16th out of 57 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 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.
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
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
RBC Capital Keeps Their Buy Rating on CarMax (KMX)
Analysts Predict Price Tag for Gold to TRIPLE
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Why CarMax Stock Dropped 11.7% This Week
Q4 2024 Carmax Inc Earnings Call
CarMax’s Earnings Reveal Market Headwinds
CarMax Target of Unusually High Options Trading (NYSE:KMX)
CarMax (NYSE:KMX) Shares Gap Down on Disappointing Earnings
CarMax: Buy The Q4 Earnings Dip, Here's Why
Why CarMax (KMX) Shares Are Trading Lower Today
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
4/12/2024
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
30,621
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$78.67
High Stock Price Target
$105.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+11.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$484.76 million
Pretax Margin
2.47%

Debt

Sales & Book Value

Annual Sales
$29.68 billion
Cash Flow
$4.27 per share
Book Value
$35.52 per share

Miscellaneous

Free Float
155,279,000
Market Cap
$11.27 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 equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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 analysts have issued 1-year price targets for CarMax's shares. Their KMX share price targets range from $50.00 to $105.00. On average, they predict the company's share price to reach $78.67 in the next twelve months. This suggests a possible upside of 10.2% 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 at the start of the year. Since then, KMX stock has decreased by 7.0% and is now trading at $71.40.
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) announced its quarterly earnings data on Thursday, April, 11th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.45 by $0.13. The firm had revenue of $5.63 billion for the quarter, compared to analysts' expectations of $5.76 billion. CarMax had a net margin of 1.87% and a trailing twelve-month return on equity of 7.72%. The firm's revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company earned $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 investors include Nexus Investment Management ULC (0.22%), Confluence Investment Management LLC (0.09%), Massmutual Trust Co. FSB ADV (0.09%), Eldred Rock Partners LLC (0.08%), Timber Creek Capital Management LLC (0.04%) and Salvus Wealth Management LLC (0.03%). 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, Thomas J Folliard 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 4/13/2024 by MarketBeat.com Staff

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