NYSE:KMX CarMax (KMX) Stock Forecast, Price & News $79.08 +3.82 (+5.08%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$74.93▼$79.4050-Day Range$59.53▼$79.0852-Week Range$52.10▼$106.24Volume2.78 million shsAverage Volume1.23 million shsMarket Capitalization$12.50 billionP/E Ratio26.10Dividend YieldN/APrice Target$65.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CarMax MarketRank™ ForecastAnalyst RatingHold2.18 Rating ScoreUpside/Downside17.3% Downside$65.40 Price TargetShort InterestBearish14.04% of Float Sold ShortDividend StrengthN/ASustainability-2.21Upright™ Environmental ScoreNews Sentiment0.53Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth46.26%From $2.27 to $3.32 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.1.69 out of 5 starsRetail/Wholesale Sector164th out of 209 stocksAutomotive Dealers & Gasoline Service Stations Industry13th out of 22 stocks 2.1 Analyst's Opinion Consensus RatingCarMax has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.40, CarMax has a forecasted downside of 17.3% from its current price of $79.08.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 Shorted14.04% of the float of CarMax has been sold short.Short Interest Ratio / Days to CoverCarMax has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.Change versus previous monthShort interest in CarMax has recently decreased by 2.94%, 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 2.0 News and Social Media Coverage News SentimentCarMax has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 15 news articles for CarMax this week, compared to 8 articles on an average week.Search InterestOnly 7 people have searched for KMX on MarketBeat in the last 30 days. This is a decrease of -74% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarMax insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.66% of the stock of CarMax is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CarMax are expected to grow by 46.26% in the coming year, from $2.27 to $3.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarMax is 26.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.86.Price to Earnings Ratio vs. SectorThe P/E ratio of CarMax is 26.10, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 33.20.Price to Earnings Growth RatioCarMax has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarMax has a P/B Ratio of 2.23. 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. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment pertains to its finance operation, which offers vehicle financing services to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in 1993 and is headquartered in Richmond, VA.Read More 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 Stock News HeadlinesMay 18, 2023 | marketbeat.comCopart Auctions, A Little Outlet For America's Car Problems (KMX)Copart has reached an all-time high stock price, with further fundamental tailwinds in place, there could be a subsequent rally to show a new growth stageMay 8, 2023 | marketbeat.comCarvana Shares Rally On Narrower Losses, Stock Gets UpgradedCarvana shares are rising by as much as 35%, bondholders are planning to relieve the debt burdens as management begins to deliver on profitable promisesJune 7, 2023 | Edge On The Street (Ad)Nevada Desert more Valuable than Wall Street or Silicon Valley?It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.June 6, 2023 | benzinga.comLooking At CarMax's Recent Unusual Options ActivityJune 3, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for CarMax, Inc. Reduced by Analyst (NYSE:KMX)June 2, 2023 | americanbankingnews.comZacks Research Comments on CarMax, Inc.'s Q3 2024 Earnings (NYSE:KMX)May 31, 2023 | msn.comWeed Chronicles: Increasing Number Of NYC Students Stoned In School, CarMax Employee Caught With 3 Lbs Of Pot & MoreMay 21, 2023 | americanbankingnews.comAnalysts Set CarMax, Inc. (NYSE:KMX) Target Price at $65.40June 7, 2023 | Edge On The Street (Ad)Nevada Desert more Valuable than Wall Street or Silicon Valley?It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.May 21, 2023 | americanbankingnews.comWilliam Blair Comments on CarMax, Inc.'s Q1 2024 Earnings (NYSE:KMX)May 20, 2023 | americanbankingnews.comResearch Analysts Set Expectations for CarMax, Inc.'s Q3 2024 Earnings (NYSE:KMX)May 19, 2023 | finance.yahoo.com10 Most Popular Used EVs in Spring 2023: See How Much They CostMay 18, 2023 | americanbankingnews.comCarMax (NYSE:KMX) Coverage Initiated at StockNews.comMay 17, 2023 | americanbankingnews.comQ1 2024 Earnings Forecast for CarMax, Inc. Issued By Wedbush (NYSE:KMX)May 16, 2023 | finanznachrichten.de3BL Alerts: CarMax Drives Social Impact and Sustainability Efforts for All StakeholdersMay 16, 2023 | finance.yahoo.comCarMax Drives Social Impact and Sustainability Efforts for All StakeholdersMay 16, 2023 | finance.yahoo.comThere Are Reasons To Feel Uneasy About CarMax's (NYSE:KMX) Returns On CapitalMay 15, 2023 | finance.yahoo.comCarMax Releases 2023 Responsibility ReportMay 11, 2023 | finance.yahoo.comCarMax (KMX) Up 7% Since Last Earnings Report: Can It Continue?May 11, 2023 | marketwatch.comCarMax Inc. stock underperforms Tuesday when compared to competitorsMay 11, 2023 | wsj.comCarMax Inc.May 11, 2023 | marketwatch.comCarMax Inc. stock underperforms Wednesday when compared to competitors despite daily gainsMay 10, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for CarMax, Inc.'s Q1 2024 Earnings (NYSE:KMX)May 9, 2023 | finance.yahoo.comCarMax (KMX) Stock Moves -0.3%: What You Should KnowMay 3, 2023 | americanbankingnews.comCarMax, Inc. (NYSE:KMX) to Post Q1 2024 Earnings of $0.76 Per Share, Zacks Research ForecastsApril 29, 2023 | americanbankingnews.comCarMax, Inc. Expected to Post Q1 2024 Earnings of $0.54 Per Share (NYSE:KMX)April 28, 2023 | americanbankingnews.comCarMax, Inc. (NYSE:KMX) to Post Q3 2024 Earnings of $0.28 Per Share, Zacks Research ForecastsSee More Headlines KMX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KMX Company Calendar Last Earnings4/11/2023Today6/07/2023Next Earnings (Confirmed)6/23/2023Fiscal 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$65.40 High Stock Price Forecast$85.00 Low Stock Price Forecast$44.00 Forecasted Upside/Downside-17.3%Consensus RatingHold Rating Score (0-4)2.18 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.03 Trailing P/E Ratio26.10 Forward P/E Ratio34.84 P/E Growth2.19Net Income$484.76 million Net Margins1.63% Pretax Margin2.15% Return on Equity8.85% Return on Assets1.85% Debt Debt-to-Equity Ratio3.17 Current Ratio2.60 Quick Ratio0.68 Sales & Book Value Annual Sales$29.68 billion Price / Sales0.42 Cash Flow$5.03 per share Price / Cash Flow15.73 Book Value$35.52 per share Price / Book2.23Miscellaneous Outstanding Shares158,090,000Free Float155,469,000Market Cap$12.50 billion OptionableOptionable Beta1.42 Social Links Key ExecutivesBill NashPresident, Chief Executive Officer & DirectorCharles Joseph WilsonChief Operating Officer & Executive Vice PresidentEnrique N. Mayor-MoraChief Financial Officer & Senior Vice PresidentShamim MohammadChief Technology & Information Officer, Senior VPDiane Long CafritzEVP, Chief Human Resources & Compliance OfficerKey CompetitorsPenske Automotive GroupNYSE:PAGLithia MotorsNYSE:LADAutoNationNYSE:ANAsbury Automotive GroupNYSE:ABGGroup 1 AutomotiveNYSE:GPIView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 379 shares on 6/1/2023Ownership: 0.006%ProShare Advisors LLCBought 3,658 shares on 5/26/2023Ownership: 0.015%Empower Advisory Group LLCBought 3,654 shares on 5/25/2023Ownership: 0.002%Toroso Investments LLCBought 4,916 shares on 5/23/2023Ownership: 0.008%Putnam Investments LLCBought 19,666 shares on 5/22/2023Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions KMX Stock - Frequently Asked Questions Should I buy or sell CarMax stock right now? 11 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 4 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? 11 equities research analysts have issued twelve-month price objectives for CarMax's shares. Their KMX share price forecasts range from $44.00 to $85.00. On average, they anticipate the company's share price to reach $65.40 in the next twelve months. This suggests that the stock has a possible downside of 17.3%. 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 29.9% and is now trading at $79.08. 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 Friday, June 23rd 2023. View our KMX earnings forecast. How can I listen to CarMax's earnings call? CarMax will be holding an earnings conference call on Friday, June 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-1346. How were CarMax's earnings last quarter? CarMax, Inc. (NYSE:KMX) released its quarterly earnings results on Tuesday, April, 11th. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.20. The business had revenue of $5.72 billion for the quarter, compared to analysts' expectations of $6.10 billion. CarMax had a trailing twelve-month return on equity of 8.85% and a net margin of 1.63%. The company's revenue was down 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 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), ALPS Hillman Active Value ETF (HVAL), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), FPA Global Equity ETF (FPAG), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL) and Schwab Ariel ESG ETF (SAEF). 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." Who are CarMax's major shareholders? CarMax's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.73%), Principal Financial Group Inc. (6.50%), Ruane Cunniff & Goldfarb L.P. (3.88%), State Street Corp (3.81%), Diamond Hill Capital Management Inc. (3.39%) and Wellington Management Group LLP (3.23%). Insiders that own company 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, Thomas J Folliard, Thomas W Reedy Jr 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 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 $79.08. How much money does CarMax make? CarMax (NYSE:KMX) has a market capitalization of $12.50 billion and generates $29.68 billion in revenue each year. The company earns $484.76 million in net income (profit) each year or $3.03 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 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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