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NYSE:KMX

CarMax (KMX) Stock Price, News & Analysis

$71.97
-0.60 (-0.83%)
(As of 05/21/2024 ET)
Today's Range
$71.48
$72.84
50-Day Range
$67.21
$87.11
52-Week Range
$59.66
$88.22
Volume
1.57 million shs
Average Volume
2.01 million shs
Market Capitalization
$11.33 billion
P/E Ratio
23.75
Dividend Yield
N/A
Price Target
$77.42

CarMax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
7.6% Upside
$77.42 Price Target
Short Interest
Healthy
12.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.87mentions of CarMax in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
20.13%
From $3.18 to $3.82 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.

3.74 out of 5 stars

Consumer Cyclical Sector

8th out of 23 stocks

Auto & Truck Dealerships Industry

1st out of 3 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: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. NYSE: KMX is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling experience for customers. CarMax built its reputation on its no-haggle listed price policy.
CarMax: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. (NYSE: CMX) is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling
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
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
5/21/2024
Next Earnings (Estimated)
6/28/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Auto & Truck Dealerships
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
29,836
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$77.42
High Stock Price Target
$105.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+8.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$479.20 million
Pretax Margin
2.42%

Debt

Sales & Book Value

Annual Sales
$26.54 billion
Cash Flow
$4.61 per share
Book Value
$38.47 per share

Miscellaneous

Free Float
154,775,000
Market Cap
$11.28 billion
Optionable
Optionable
Beta
1.64

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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 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.

What is CarMax's stock price target for 2024?

12 equities research analysts have issued 1 year price targets 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 year. This suggests a possible upside of 7.6% 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 2024?

CarMax's stock was trading at $76.74 at the beginning of 2024. Since then, KMX shares have decreased by 6.2% and is now trading at $71.97.
View the best growth stocks for 2024 here
.

Are investors shorting CarMax?

CarMax saw a decrease in short interest in 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 trading volume, of 2,050,000 shares, the short-interest ratio is currently 9.6 days. Approximately 12.6% of the shares of the stock are short sold.
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 earnings results on Thursday, April, 11th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.13. The business earned $5.63 billion during the quarter, compared to analysts' expectations of $5.76 billion. CarMax had a net margin of 1.81% and a trailing twelve-month return on equity of 7.26%. The company's revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the firm 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 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).

Who are CarMax's major shareholders?

CarMax's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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.
Read More
This page (NYSE:KMX) was last updated on 5/21/2024 by MarketBeat.com Staff

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