CarMax (KMX) Stock Price, News & Analysis

Company Overview

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997. Headquartered in Richmond, Virginia, the business has expanded its footprint by establishing an extensive network of retail stores and distribution centers across the United States. This nationwide presence allows CarMax to serve diverse regional markets, ensuring accessibility for both urban and suburban car buyers.

In addition to vehicle sales, CarMax provides a suite of ancillary services designed to support the car‐buying process. CarMax Auto Finance offers tailored financing solutions, while the company’s Extended Service Plans and vehicle protection products help buyers manage long‐term ownership costs. CarMax also accepts trade-ins, conducts vehicle appraisals and arranges transportation for customers seeking delivery services.

Leadership at CarMax is focused on enhancing the omnichannel experience and maintaining a people-first culture. Under the direction of Chief Executive Officer Tom Folliard, the company has invested in digital tools and data analytics to streamline operations and personalize customer interactions. CarMax continues to prioritize transparency, customer satisfaction and operational efficiency as it navigates the evolving automotive retail landscape.

Key Stats

• Today's Range: $42.94 to $45.14
• 50-Day Range: $42.91 to $62.17
• 52-Week Range: $42.34 to $91.25
• Volume: 3.12 million shs
• Average Volume: 5.80 million shs
• Market Capitalization: $6.57 billion
• P/E Ratio: 13.12
• Dividend Yield: N/A
• Price Target: $51.75
• Consensus Rating: Hold

CarMax Stock Analysis - MarketRank™

CarMax scored higher than 89% of companies evaluated by MarketBeat, and ranked 35th out of 214 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

CarMax has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 5 buy ratings, 8 hold ratings, and 3 sell ratings.

Upside Potential

CarMax has a consensus price target of $51.75, representing about 15.7% upside from its current price of $44.73.

Amount of Analyst Coverage

CarMax has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 18.58%

Earnings Growth

Earnings for CarMax are expected to grow by 18.58% in the coming year, from $3.23 to $3.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarMax is 13.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.23.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarMax is 13.12, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 18.91.

Price to Earnings Growth Ratio

CarMax has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

CarMax has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.80% of the float of CarMax has been sold short.

Short Interest Ratio / Days to Cover

CarMax has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarMax has recently decreased by 4.22%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarMax does not currently pay a dividend.

Dividend Growth

CarMax does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -2.21

Percentage of Shares Shorted

9.80% of the float of CarMax has been sold short.

Short Interest Ratio / Days to Cover

CarMax has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarMax has recently decreased by 4.22%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.33

News Sentiment

CarMax has a news sentiment score of 0.33. 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 is a lower news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for CarMax this week, compared to 23 articles on an average week.

Search Interest

49 people have searched for KMX on MarketBeat in the last 30 days. This is an increase of 308% compared to the previous 30 days.

MarketBeat Follows

8 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CarMax insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.70% of the stock of CarMax is held by insiders.

KMX Stock Analysis - Frequently Asked Questions

How have KMX shares performed this year?

CarMax's stock was trading at $81.76 at the beginning of the year. Since then, KMX shares have decreased by 45.3% and is now trading at $44.73.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) announced its quarterly earnings data on Thursday, September, 25th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by $0.39. The business's revenue for the quarter was down 6.0% on a year-over-year basis.
Read the conference call transcript.

Does CarMax have any subsidiaries?

The following companies are subsidiaries of CarMax: Edmunds, CarMax Auto Superstores, CarMax Auto Superstores California, CarMax Auto Superstores Services, CarMax Auto Superstores West Coast, CarMax Business Services, CarMax Enterprise Services LLC, and Glen Allen Insurance.

Who are CarMax's major shareholders?

Top institutional shareholders of CarMax include DAVENPORT & Co LLC (0.77%), Eldred Rock Partners LLC (0.14%), OLD National Bancorp IN (0.13%) and Kirr Marbach & Co. LLC IN (0.09%). Insiders that own company stock include William D Nash, Mitchell D Steenrod, James Lyski, Enrique N Mayor-Mora, Charles Joseph Wilson, Mohammad Shamim, Jill A Livesay, Diane L Cafritz, Jon G Daniels, John M Stuckey III and Tyler Tuite.
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.

What other stocks do shareholders of CarMax own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CarMax investors own include BlackRock (BLK), Broadcom (AVGO), ServiceNow (NOW), UnitedHealth Group (UNH), The Goldman Sachs Group (GS), NVIDIA (NVDA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 9/25/2025
• Today: 10/21/2025
• Next Earnings (Estimated): 12/18/2025
• Fiscal Year End: 2/28/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: RET/WHL - AUTO PT
• Sub-Industry: Automotive Retail
• Current Symbol: NYSE:KMX
• CIK: 1170010
• Web: www.carmax.com
• Phone: (804) 747-0422
• Fax: 804-217-6819
• Employees: 30,048
• Year Founded: 1993

Price Target and Rating

• Average Price Target for CarMax: $51.75
• High Price Target: $60.00
• Low Price Target: $35.00
• Potential Upside/Downside: +15.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.24
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.41
• Trailing P/E Ratio: 13.12
• Forward P/E Ratio: 13.85
• P/E Growth: 0.82
• Net Income: $500.56 million
• Net Margins: 1.98%
• Pretax Margin: 2.64%
• Return on Equity: 8.51%
• Return on Assets: 1.94%

Debt

• Debt-to-Equity Ratio: 2.87
• Current Ratio: 2.46
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $26.37 billion
• Price / Sales: 0.25
• Cash Flow: $5.45 per share
• Price / Cash Flow: 8.20
• Book Value: $40.59 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 146,845,000
• Free Float: 144,349,000
• Market Cap: $6.57 billion
• Optionable: Optionable
• Beta: 1.27