CarMax (KMX) Stock Forecast, Price & News

12 Wall Street 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 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.

12 equities research analysts have issued 1 year price objectives for CarMax's stock. Their KMX share price forecasts range from $44.00 to $105.00. On average, they anticipate the company's stock price to reach $76.80 in the next twelve months. 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.

CarMax's stock was trading at $60.89 at the beginning of 2023. Since then, KMX stock has increased by 16.2% and is now trading at $70.73.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023.
View our KMX earnings forecast.

CarMax, Inc. (NYSE:KMX) posted its quarterly earnings results on Thursday, September, 28th. The company reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. The company had revenue of $7.07 billion for the quarter, compared to analyst estimates 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 was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 EPS.
Read the conference call transcript.

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).

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.

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).

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

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.

One share of KMX stock can currently be purchased for approximately $70.73.

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.

The company employs 30,621 workers across the globe.

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.