NYSE:KMX CarMax (KMX) Stock Forecast, Price & News $70.73 +1.72 (+2.49%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$68.73▼$72.4450-Day Range$69.04▼$85.8352-Week Range$52.10▼$87.50Volume5.05 million shsAverage Volume2.10 million shsMarket Capitalization$11.19 billionP/E Ratio24.64Dividend YieldN/APrice Target$76.80 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CarMax MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside8.6% Upside$76.80 Price TargetShort InterestBearish11.47% of Float Sold ShortDividend StrengthN/ASustainability-2.21Upright™ Environmental ScoreNews Sentiment0.27Based on 73 Articles This WeekInsider TradingSelling Shares$21.76 M Sold Last QuarterProj. Earnings Growth26.40%From $3.03 to $3.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.76 out of 5 starsRetail/Wholesale Sector170th out of 216 stocksAutomotive Dealers & Gasoline Service Stations Industry9th out of 21 stocks 2.1 Analyst's Opinion Consensus RatingCarMax has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 5 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.80, CarMax has a forecasted upside of 8.6% from its current price of $70.73.Amount of Analyst CoverageCarMax has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.47% of the float of CarMax has been sold short.Short Interest Ratio / Days to CoverCarMax has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.Change versus previous monthShort interest in CarMax has recently decreased by 1.20%, indicating that investor sentiment is improving. 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 1.4 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 2.9 News and Social Media Coverage News SentimentCarMax has a news sentiment score of 0.27. 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 0.60 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 73 news articles for CarMax this week, compared to 9 articles on an average week.Search Interest16 people have searched for KMX on MarketBeat in the last 30 days. This is an increase of 129% compared to the previous 30 days.MarketBeat Follows14 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days. Previous Next 0.8 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 $21,759,505.00 in company stock.Percentage Held by InsidersOnly 1.66% of the stock of CarMax is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CarMax are expected to grow by 26.40% in the coming year, from $3.03 to $3.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarMax is 24.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.93.Price to Earnings Ratio vs. SectorThe P/E ratio of CarMax is 24.64, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.77.Price to Earnings Growth RatioCarMax has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarMax has a P/B Ratio of 1.86. 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 About CarMax (NYSE:KMX) StockCarMax, 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.Read More KMX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KMX Stock News HeadlinesSeptember 29, 2023 | marketbeat.comCarMax Slides On Earnings Disappointment, Time To Celebrate? (KMX)As CarMax stock slides after a disappointing earnings announcement, savvy investors willing to wait on long-term growth can join THIS bank that is buying sharesSeptember 29, 2023 | msn.comWhen Titans Falter: CarMax's Options Gamble and the Unforgiving Nature of Wall StreetSeptember 30, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 29, 2023 | msn.comCarMax Results Show 'Strong Cost Discipline' But Weak Same-Store Sales Drive Earnings Miss, RBC SaysSeptember 29, 2023 | markets.businessinsider.comBaird Maintains Outperform Rating for CarMax: Here's What You Need To KnowSeptember 29, 2023 | markets.businessinsider.comCarMax Bears The Brunt Of Uncertain Macro, Competition & Uncertainties In Used-Car Markets: AnalystsSeptember 29, 2023 | msn.comCarMax’s stock slides 9% after earnings reflect pressures on used car industrySeptember 29, 2023 | finance.yahoo.comQ2 2024 Carmax Inc Earnings CallSeptember 30, 2023 | Legacy Research (Ad)The Real Reason They Murdered JFK?Some people believe JFK was murdered because of his executive order 11110 that would have reduced the power of the Federal Reserve. Regardless if that’s true or not… The Fed is now involved in a new controversy that could have drastic consequences for the US dollar.September 28, 2023 | finance.yahoo.comMarkets Rise Midday as Consumer Spending Slows and Oil Prices FallSeptember 28, 2023 | finance.yahoo.comCarMax Stock Plunges As Earnings Fall For Seventh Quarter In A RowSeptember 28, 2023 | finance.yahoo.comDow Jones Gains As McCarthy Makes Shutdown Pledge; This Warren Buffett Stock Nears EntrySeptember 28, 2023 | finance.yahoo.comS&P 500 Gains and Losses Today: Index Climbs as Spending Slows, Oil Prices DropSeptember 28, 2023 | msn.comCarMax Shares Sink as Used Car Demand Falls Amid Rising Loan CostsSeptember 28, 2023 | theglobeandmail.comWhy CarMax (KMX) Shares Are Falling TodaySeptember 28, 2023 | msn.comWhy CarMax Stock Crashed 9.8% TodaySeptember 28, 2023 | marketwatch.comEarnings Results: CarMax’s stock slides 9% after earnings reflect pressures on used car industrySeptember 28, 2023 | seekingalpha.comCarMax: Buy The CarnageSeptember 28, 2023 | ca.investing.comCarMax falls on earnings miss, as used vehicle sales slowSeptember 28, 2023 | washingtonpost.comCarMax: Fiscal Q2 Earnings SnapshotSeptember 28, 2023 | benzinga.comWhy Used Vehicle Retailer CarMax's Shares Are Diving TodaySeptember 28, 2023 | msn.comCarMax quarterly profit slips on slow used-vehicle demandSeptember 28, 2023 | markets.businessinsider.comCarMax Slips Over 13% In Pre-market After Q2 Profit, Revenue DeclineSeptember 28, 2023 | msn.comHere Are Latest Carmax Stock Future Outlook and Insightful AnalysisSeptember 28, 2023 | msn.comCarMax’s stock slides 6.5% after earnings reflect pressures on used car industrySeptember 28, 2023 | theglobeandmail.comCarMax (NYSE:KMX) Reports Q2 In Line With Expectations But Stock Drops 12.5%September 28, 2023 | finance.yahoo.comCarMax Stock Slides on Earnings. Quarterly Revenue Declined 13%.See More Headlines 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 KMX Company Calendar Last Earnings9/28/2023Today9/30/2023Next Earnings (Estimated)12/28/2023Fiscal Year End2/29/2024Get Stock AlertsIndustry, 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) 747-0422Fax804-217-6819Employees30,621Year Founded1993Price Target and Rating Average Stock Price Forecast$76.80 High Stock Price Forecast$105.00 Low Stock Price Forecast$44.00 Forecasted Upside/Downside+8.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$2.87 Trailing P/E Ratio24.64 Forward P/E Ratio23.34 P/E Growth1.49Net Income$484.76 million Net Margins1.68% Pretax Margin2.22% Return on Equity7.14% Return on Assets1.54% Debt Debt-to-Equity Ratio3.01 Current Ratio2.32 Quick Ratio0.61 Sales & Book Value Annual Sales$29.68 billion Price / Sales0.38 Cash Flow$4.86 per share Price / Cash Flow14.54 Book Value$37.96 per share Price / Book1.86Miscellaneous Outstanding Shares158,200,000Free Float155,574,000Market Cap$11.19 billion OptionableOptionable Beta1.44 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. William D. Nash (Age 54)Pres, CEO & Director Mr. Enrique N. Mayor-Mora (Age 54)Exec. VP & CFO Comp: $1.15MMr. Shamim Mohammad (Age 54)Exec. VP and Chief Information & Technology Officer Comp: $944.56kMs. Diane Long Cafritz (Age 52)EVP of HR, Gen. Counsel & Chief Compliance Officer Comp: $914.92kMr. James R. Lyski (Age 60)Exec. VP, Chief Innovation & Strategy Officer Comp: $1.04MMr. Charles Joseph Wilson (Age 50)Exec. VP & COO Ms. Jill A. Livesay (Age 54)VP, Chief Accounting Officer & Controller Mr. David L. LowensteinAssistant VP of Investor RelationsMs. Trina Hoppin LeeAssistant VP of Public Affairs & CommunicationsGautam PuranikVP of Strategy & Chief Data OfficerMore ExecutivesKey CompetitorsPenske Automotive GroupNYSE:PAGLithia MotorsNYSE:LADAutoNationNYSE:ANAsbury Automotive GroupNYSE:ABGGroup 1 AutomotiveNYSE:GPIView All CompetitorsInsiders & InstitutionsBarclays PLCBought 113,538 shares on 9/21/2023Ownership: 0.191%ST Germain D J Co. Inc.Bought 725 shares on 9/7/2023Ownership: 0.000%Eubel Brady & Suttman Asset Management Inc.Bought 34,241 shares on 8/25/2023Ownership: 0.180%ProVise Management Group LLCBought 9,226 shares on 8/24/2023Ownership: 0.028%Alberta Investment Management CorpBought 3,100 shares on 8/24/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions KMX Stock - 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 year. 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 forecast for 2023? 12 Wall Street analysts have issued 12 month target prices for CarMax's stock. Their KMX share price forecasts range from $44.00 to $105.00. On average, they expect the company's share price to reach $76.80 in the next year. This suggests a possible upside of 8.6% 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 2023? CarMax's stock was trading at $60.89 at the beginning of the year. Since then, KMX stock has increased by 16.2% and is now trading at $70.73. View the best growth stocks for 2023 here. When is CarMax's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023. View our KMX earnings forecast. How were CarMax's earnings last quarter? CarMax, Inc. (NYSE:KMX) posted its quarterly earnings data on Thursday, September, 28th. The company reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $7.07 billion for the quarter, compared to analysts' expectations of $7.02 billion. CarMax had a trailing twelve-month return on equity of 7.14% and a net margin of 1.68%. The company's revenue for the quarter was down 13.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share. Read the conference call transcript. What ETFs hold CarMax's stock? ETFs with the largest weight of CarMax (NYSE:KMX) stock in their portfolio include Kovitz Core Equity ETF (EQTY), Invesco S&P 500 Pure Value ETF (RPV), FPA Global Equity ETF (FPAG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), SPDR S&P Retail ETF (XRT), Schwab Ariel ESG ETF (SAEF) and Global X Millennial Consumer ETF (MILN). 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). What is CarMax's stock symbol? CarMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMX." 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 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 $70.73. How much money does CarMax make? CarMax (NYSE:KMX) has a market capitalization of $11.19 billion and generates $29.68 billion in revenue each year. The company earns $484.76 million in net income (profit) each year or $2.87 on an earnings per share basis. How many employees does CarMax have? The company employs 30,621 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 How can I contact CarMax? CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The official website for the company 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 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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. 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