S&P 500   4,227.68 (-1.31%)
DOW   33,702.57 (-0.87%)
QQQ   322.90 (-1.94%)
AAPL   171.70 (-1.41%)
MSFT   286.20 (-1.37%)
META   167.80 (-3.93%)
GOOGL   117.18 (-2.49%)
AMZN   138.33 (-2.79%)
TSLA   890.45 (-2.00%)
NVDA   178.73 (-4.79%)
NIO   19.07 (-4.22%)
BABA   89.49 (-1.38%)
AMD   95.75 (-4.67%)
T   18.37 (-0.33%)
MU   60.43 (-4.05%)
CGC   3.77 (-1.05%)
F   15.89 (-1.61%)
GE   77.79 (-1.79%)
DIS   120.42 (-1.83%)
AMC   17.62 (-8.66%)
PYPL   96.64 (-3.22%)
PFE   49.21 (+1.30%)
NFLX   239.40 (-2.35%)
S&P 500   4,227.68 (-1.31%)
DOW   33,702.57 (-0.87%)
QQQ   322.90 (-1.94%)
AAPL   171.70 (-1.41%)
MSFT   286.20 (-1.37%)
META   167.80 (-3.93%)
GOOGL   117.18 (-2.49%)
AMZN   138.33 (-2.79%)
TSLA   890.45 (-2.00%)
NVDA   178.73 (-4.79%)
NIO   19.07 (-4.22%)
BABA   89.49 (-1.38%)
AMD   95.75 (-4.67%)
T   18.37 (-0.33%)
MU   60.43 (-4.05%)
CGC   3.77 (-1.05%)
F   15.89 (-1.61%)
GE   77.79 (-1.79%)
DIS   120.42 (-1.83%)
AMC   17.62 (-8.66%)
PYPL   96.64 (-3.22%)
PFE   49.21 (+1.30%)
NFLX   239.40 (-2.35%)
S&P 500   4,227.68 (-1.31%)
DOW   33,702.57 (-0.87%)
QQQ   322.90 (-1.94%)
AAPL   171.70 (-1.41%)
MSFT   286.20 (-1.37%)
META   167.80 (-3.93%)
GOOGL   117.18 (-2.49%)
AMZN   138.33 (-2.79%)
TSLA   890.45 (-2.00%)
NVDA   178.73 (-4.79%)
NIO   19.07 (-4.22%)
BABA   89.49 (-1.38%)
AMD   95.75 (-4.67%)
T   18.37 (-0.33%)
MU   60.43 (-4.05%)
CGC   3.77 (-1.05%)
F   15.89 (-1.61%)
GE   77.79 (-1.79%)
DIS   120.42 (-1.83%)
AMC   17.62 (-8.66%)
PYPL   96.64 (-3.22%)
PFE   49.21 (+1.30%)
NFLX   239.40 (-2.35%)
S&P 500   4,227.68 (-1.31%)
DOW   33,702.57 (-0.87%)
QQQ   322.90 (-1.94%)
AAPL   171.70 (-1.41%)
MSFT   286.20 (-1.37%)
META   167.80 (-3.93%)
GOOGL   117.18 (-2.49%)
AMZN   138.33 (-2.79%)
TSLA   890.45 (-2.00%)
NVDA   178.73 (-4.79%)
NIO   19.07 (-4.22%)
BABA   89.49 (-1.38%)
AMD   95.75 (-4.67%)
T   18.37 (-0.33%)
MU   60.43 (-4.05%)
CGC   3.77 (-1.05%)
F   15.89 (-1.61%)
GE   77.79 (-1.79%)
DIS   120.42 (-1.83%)
AMC   17.62 (-8.66%)
PYPL   96.64 (-3.22%)
PFE   49.21 (+1.30%)
NFLX   239.40 (-2.35%)
NYSE:KMX

CarMax - KMX Stock Forecast, Price & News

$96.15
-2.59 (-2.62%)
(As of 08/19/2022 03:21 PM ET)
Add
Compare
Today's Range
$95.57
$98.13
50-Day Range
$85.76
$104.22
52-Week Range
$84.37
$155.98
Volume
23,390 shs
Average Volume
1.03 million shs
Market Capitalization
$15.30 billion
P/E Ratio
16.32
Dividend Yield
N/A
Price Target
$126.89

CarMax MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
32.5% Upside
$126.89 Price Target
Short Interest
Healthy
7.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.11mentions of CarMax in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$3.45 M Sold Last Quarter
Proj. Earnings Growth
10.66%
From $5.72 to $6.33 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Retail/Wholesale Sector

94th out of 218 stocks

Automotive Dealers & Gasoline Service Stations Industry

8th out of 24 stocks

KMX stock logo

About CarMax (NYSE:KMX) Stock

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

CarMax Stock Performance

Shares of NYSE:KMX traded down $2.71 during trading hours on Friday, reaching $96.03. 7,995 shares of the stock were exchanged, compared to its average volume of 1,030,118. The firm has a market capitalization of $15.29 billion, a price-to-earnings ratio of 16.43, a P/E/G ratio of 1.09 and a beta of 1.39. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.63 and a current ratio of 2.72. CarMax has a 52 week low of $84.37 and a 52 week high of $155.98. The stock's fifty day simple moving average is $94.84 and its 200 day simple moving average is $97.73.

CarMax (NYSE:KMX - Get Rating) last issued its earnings results on Friday, June 24th. The company reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.05. The firm had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.38 billion. CarMax had a return on equity of 18.40% and a net margin of 2.88%. During the same quarter last year, the business posted $2.63 EPS. Sell-side analysts predict that CarMax will post 5.72 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on KMX shares. JPMorgan Chase & Co. dropped their price objective on shares of CarMax from $110.00 to $105.00 in a research note on Tuesday, June 7th. Needham & Company LLC started coverage on CarMax in a research note on Monday, May 2nd. They issued a "hold" rating on the stock. Morgan Stanley lowered their price target on CarMax from $140.00 to $124.00 and set an "overweight" rating on the stock in a report on Thursday, July 14th. Wedbush lifted their target price on CarMax from $90.00 to $105.00 and gave the stock a "neutral" rating in a report on Monday, June 27th. Finally, Royal Bank of Canada increased their price target on CarMax from $104.00 to $108.00 and gave the company an "outperform" rating in a research report on Monday, June 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, CarMax presently has a consensus rating of "Hold" and a consensus target price of $126.89.

Insider Activity at CarMax

In other CarMax news, EVP Diane L. Cafritz sold 18,092 shares of the business's stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $91.06, for a total transaction of $1,647,457.52. Following the completion of the sale, the executive vice president now directly owns 4,988 shares of the company's stock, valued at approximately $454,207.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other CarMax news, EVP Diane L. Cafritz sold 18,092 shares of the business's stock in a transaction on Friday, July 1st. The shares were sold at an average price of $91.06, for a total transaction of $1,647,457.52. Following the sale, the executive vice president now owns 4,988 shares of the company's stock, valued at approximately $454,207.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diane L. Cafritz sold 15,555 shares of the company's stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $94.75, for a total transaction of $1,473,836.25. Following the completion of the transaction, the executive vice president now directly owns 4,988 shares in the company, valued at approximately $472,613. The disclosure for this sale can be found here. Insiders sold 37,103 shares of company stock valued at $3,445,847 in the last three months. Corporate insiders own 1.65% of the company's stock.

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.

KMX Stock News Headlines

AutoNation Stock is Firing on All Pistons (KMX)
Automobile retailer AutoNation (NYSE: AN) stock is a rare sight as its trading up just over 4% in the 2022 bear market.
Is the US Military Secretly Under Chinese Control?
Alarmingly, the answer may be "yes". Communist China now controls 80% of the lithium that powers most US military vehicles and equipment. The threat level is so high that the White House recently declared a state of emergency on lithium...
What Are Whales Doing With CarMax - Benzinga
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War
Right now, China has the US Military in a stranglehold. They hold a monopoly on one of our most CRITICAL defense elements. But thanks to executive orders from both Biden and Trump...
CarMax Releases 2022 Responsibility Report
See More Headlines
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.

KMX Company Calendar

Last Earnings
6/24/2022
Today
8/19/2022
Next Earnings (Estimated)
9/29/2022
Fiscal Year End
2/28/2023

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
32,647
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$126.89
High Stock Price Forecast
$165.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+32.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
3.76%

Debt

Sales & Book Value

Annual Sales
$31.90 billion
Cash Flow
$8.38 per share
Book Value
$32.38 per share

Miscellaneous

Free Float
156,540,000
Market Cap
$15.30 billion
Optionable
Optionable
Beta
1.39

Social Links


Key Executives

  • Mr. William D. NashMr. William D. Nash (Age 53)
    Pres, CEO & Director
    Comp: $5.04M
  • Mr. Enrique N. Mayor-MoraMr. Enrique N. Mayor-Mora (Age 53)
    Exec. VP & CFO
    Comp: $1.68M
  • Mr. Shamim Mohammad (Age 53)
    Exec. VP and Chief Information & Technology Officer
    Comp: $1.53M
  • Ms. Diane Long CafritzMs. Diane Long Cafritz (Age 51)
    Exec. VP, Gen. Counsel, CHRO & Chief Compliance Officer
    Comp: $1.2M
  • Mr. James R. LyskiMr. James R. Lyski (Age 59)
    Exec. VP & Chief Marketing Officer
    Comp: $1.65M
  • Ms. Jill A. Livesay (Age 53)
    VP, Chief Accounting Officer & Controller
  • Stacy Frole
    VP of Investor Relations
  • Ms. Trina Hoppin Lee
    Assistant VP of Public Affairs & Communications
  • Corey Haire
    VP of Sales
  • Mr. Charles Joseph WilsonMr. Charles Joseph Wilson (Age 49)
    Sr. VP of Store Strategy & Logistics













KMX Stock - 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 twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KMX shares.
View KMX analyst ratings
or view top-rated stocks.

What is CarMax's stock price forecast for 2022?

12 Wall Street analysts have issued twelve-month price targets for CarMax's stock. Their KMX share price forecasts range from $105.00 to $165.00. On average, they expect the company's share price to reach $126.89 in the next year. This suggests a possible upside of 28.5% 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 2022?

CarMax's stock was trading at $130.23 on January 1st, 2022. Since then, KMX shares have decreased by 24.2% and is now trading at $98.74.
View the best growth stocks for 2022 here
.

When is CarMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022.
View our KMX earnings forecast
.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its quarterly earnings data on Friday, June, 24th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.05. The business had revenue of $9.31 billion for the quarter, compared to the consensus estimate of $9.38 billion. CarMax had a trailing twelve-month return on equity of 18.40% and a net margin of 2.88%. During the same period in the prior year, the firm earned $2.63 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).

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 retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (6.53%), Akre Capital Management LLC (4.62%), Primecap Management Co. CA (3.91%), State Street Corp (3.83%), Apollo Management Holdings L.P. (0.00%) and London Co. of Virginia (1.69%). 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, Shira Goodman, 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 $98.74.

How much money does CarMax make?

CarMax (NYSE:KMX) has a market capitalization of $15.72 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $5.89 on an earnings per share basis.

How many employees does CarMax have?

The company employs 32,647 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
When was CarMax founded?

CarMax was founded in 1993.

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 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.