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CarMax (KMX) Stock Price, News & Analysis

-2.19 (-3.04%)
(As of 05/22/2024 ET)
Today's Range
50-Day Range
52-Week Range
1.73 million shs
Average Volume
2.01 million shs
Market Capitalization
$10.98 billion
P/E Ratio
Dividend Yield
Price Target

CarMax MarketRank™ Stock Analysis

Analyst Rating
2.25 Rating Score
10.9% Upside
$77.42 Price Target
Short Interest
12.57% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.92mentions of CarMax in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
From $3.12 to $3.75 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.

4.30 out of 5 stars

Retail/Wholesale Sector

93rd out of 194 stocks

Automotive Dealers & Gasoline Service Stations Industry

6th out of 18 stocks

KMX stock logo

About CarMax Stock (NYSE:KMX)

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum 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

3 Automotive Parts Makers Growing at Double-Digit Rates (KMX)
With the automotive industry looking to make a comeback this year, three OEM stocks lead the way to deliver double-digit EPS growth and upside.
CarMax Releases 2024 Responsibility Report
CarMax (NYSE:KMX) Stock Rating Reaffirmed by Wedbush
How to Invest in CarMax
Analyst Scoreboard: 16 Ratings For CarMax
What Makes CarMax (KMX) a Lucrative Investment?
CarMax, Inc. (KMX)
CarMax Unveils Latest Trends in Used EV Shopping
RBC Capital Keeps Their Buy Rating on CarMax (KMX)
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Automotive dealers & gasoline service stations
Automotive Retail
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
12 Analysts


Net Income
$479.20 million
Pretax Margin


Sales & Book Value

Annual Sales
$26.54 billion
Cash Flow
$4.50 per share
Book Value
$38.47 per share


Free Float
Market Cap
$10.98 billion

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KMX Stock Analysis - 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 twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued twelve-month price objectives for CarMax's stock. Their KMX share price targets range from $50.00 to $105.00. On average, they predict the company's stock price to reach $77.42 in the next twelve months. This suggests a possible upside of 10.9% 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 beginning of 2024. Since then, KMX shares have decreased by 9.1% and is now trading at $69.78.
View the best growth stocks for 2024 here

Are investors shorting CarMax?

CarMax saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 19,690,000 shares, a decrease of 6.6% from the April 15th total of 21,090,000 shares. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is presently 9.6 days. Approximately 12.6% of the shares of the stock are sold short.
View CarMax's Short Interest

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) issued its quarterly earnings results on Thursday, April, 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.13. The company earned $5.63 billion during the quarter, compared to analysts' expectations of $5.76 billion. CarMax had a trailing twelve-month return on equity of 7.26% and a net margin of 1.81%. CarMax'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 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.46%), Principal Financial Group Inc. (6.11%), Janus Henderson Group PLC (2.92%), Capital Research Global Investors (1.77%), Akre Capital Management LLC (1.72%) and First Pacific Advisors LP (1.49%). 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 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.
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This page (NYSE:KMX) was last updated on 5/23/2024 by Staff

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