NYSE:KMXCarMax Stock Price, Forecast & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KMX stock has increased by 30.4% and is now trading at $99.36.
View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 hold rating, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CarMax.

CarMax is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020.
View our earnings forecast for CarMax.

CarMax, Inc (NYSE:KMX) announced its quarterly earnings results on Friday, June, 19th. The company reported $0.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.09. The company earned $2.79 billion during the quarter, compared to the consensus estimate of $2.66 billion. CarMax had a return on equity of 18.00% and a net margin of 3.45%. The business's quarterly revenue was down 48.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.59 earnings per share.
View CarMax's earnings history.

13 analysts have issued 1 year target prices for CarMax's shares. Their forecasts range from $75.00 to $116.00. On average, they expect CarMax's stock price to reach $99.09 in the next year. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for CarMax.

Press coverage about KMX stock has trended somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CarMax earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.
View the latest news about CarMax.

CarMax saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 14,400,000 shares, a drop of 5.3% from the June 15th total of 15,210,000 shares. Based on an average daily trading volume, of 2,170,000 shares, the short-interest ratio is currently 6.6 days. Currently, 8.9% of the shares of the stock are sold short.
View CarMax's Current Options Chain.

Some companies that are related to CarMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Monro (MNRO), Asbury Automotive Group (ABG), Sonic Automotive (SAH), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY) and America's Car-Mart (CRMT).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Netflix (NFLX), QUALCOMM (QCOM), Micron Technology (MU), Starbucks (SBUX), Tesla (TSLA), Alibaba Group (BABA) and Home Depot (HD).

CarMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMX."

CarMax's stock is owned by a number of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.74%), Welch & Forbes LLC (0.63%), Marathon Asset Management LLP (0.62%), Fenimore Asset Management Inc. (0.61%), Sumitomo Mitsui Trust Holdings Inc. (0.41%) and Morningstar Investment Services LLC (0.27%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Ronald E Blaylock, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr and William D Nash.
View institutional ownership trends for CarMax.

KMX stock was sold by a variety of institutional investors in the last quarter, including Douglass Winthrop Advisors LLC, DAVENPORT & Co LLC, Sumitomo Mitsui Trust Holdings Inc., Deroy & Devereaux Private Investment Counsel Inc., Robeco Institutional Asset Management B.V., Montag A & Associates Inc., Kornitzer Capital Management Inc. KS, and Pettyjohn Wood & White Inc.. Company insiders that have sold CarMax company stock in the last year include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Ronald E Blaylock, Thomas J Folliard, and Thomas W Reedy Jr.
View insider buying and selling activity for CarMax.

KMX stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, Marathon Asset Management LLP, OLD National Bancorp IN, Sciencast Management LP, Morningstar Investment Services LLC, UBS Group AG, Highland Capital Management LLC, and Xcel Wealth Management LLC.
View insider buying and selling activity for CarMax.

Shares of KMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KMX stock can currently be purchased for approximately $99.36.

CarMax has a market capitalization of $16.20 billion and generates $20.32 billion in revenue each year. The company earns $888.43 million in net income (profit) each year or $5.33 on an earnings per share basis. CarMax employs 27,050 workers across the globe.

The official website for CarMax is www.carmax.com.

CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The company can be reached via phone at 804-747-0422 or via email at [email protected]