CarMax Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CarMax stock.
View analyst ratings for CarMax or view top-rated stocks.

Wall Street analysts have given CarMax a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CarMax wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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CarMax saw a increase in short interest in May. As of May 28th, there was short interest totaling 4,240,000 shares, an increase of 19.1% from the May 13th total of 3,560,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.6% of the company's stock are sold short.
View CarMax's Short Interest.

CarMax is scheduled to release its next quarterly earnings announcement on Friday, June 25th 2021.
View our earnings forecast for CarMax.

CarMax will be holding an earnings conference call on Friday, June 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CarMax, Inc. (NYSE:KMX) posted its quarterly earnings results on Wednesday, March, 31st. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.01. The company earned $5.16 billion during the quarter, compared to analyst estimates of $5.17 billion. CarMax had a net margin of 3.94% and a trailing twelve-month return on equity of 19.42%. The firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 earnings per share.
View CarMax's earnings history.

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 55.0% and is now trading at $118.10.
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14 analysts have issued 12-month target prices for CarMax's shares. Their forecasts range from $73.00 to $165.00. On average, they anticipate CarMax's stock price to reach $123.50 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts' price targets for CarMax or view top-rated stocks among Wall Street analysts.

1,023 employees have rated CarMax CEO Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among CarMax's employees.

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), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH), Prospect Capital (PBY) and America's Car-Mart (CRMT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), The Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and The Home Depot (HD).

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

CarMax's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.37%), Principal Financial Group Inc. (5.71%), Primecap Management Co. CA (4.97%), Akre Capital Management LLC (4.36%), Janus Henderson Group PLC (2.54%) and Nuveen Asset Management LLC (1.93%). 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, 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 Price T Rowe Associates Inc. MD, Primecap Management Co. CA, DF Dent & Co. Inc., Akre Capital Management LLC, BlueDrive Global Investors LLP, Brown Advisory Inc., Principal Financial Group Inc., and Third Point LLC. 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, Thomas W Reedy Jr, and William D Nash.
View insider buying and selling activity for CarMax or view top insider-selling stocks.

KMX stock was acquired by a variety of institutional investors in the last quarter, including Blair William & Co. IL, Caledonia Private Investments Pty Ltd, Candlestick Capital Management LP, Southpoint Capital Advisors LP, Arrowstreet Capital Limited Partnership, AMF Pensionsforsakring AB, Goldman Sachs Group Inc., and Amundi Asset Management US Inc..
View insider buying and selling activity for CarMax or or view top insider-buying stocks.

Shares of KMX 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.
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One share of KMX stock can currently be purchased for approximately $118.10.

CarMax has a market capitalization of $19.27 billion and generates $18.95 billion in revenue each year. The company earns $746.92 million in net income (profit) each year or $4.72 on an earnings per share basis.

CarMax employs 26,889 workers across the globe.

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, and Glen Allen Insurance.

CarMax was founded in 1993.

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

CarMax is headquartered at 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238.

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]