CarMax - KMX Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KMX shares.
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12 brokers have issued twelve-month price targets for CarMax's stock. Their KMX share price forecasts range from $95.00 to $160.00. On average, they expect the company's share price to reach $118.56 in the next year. This suggests a possible upside of 49.1% from the stock's current price.
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CarMax's stock was trading at $130.23 at the start of the year. Since then, KMX stock has decreased by 39.0% and is now trading at $79.49.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022.
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CarMax will be holding an earnings conference call on Thursday, September 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "3170513".

CarMax, Inc. (NYSE:KMX) released its quarterly earnings data on Wednesday, December, 22nd. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.19. The firm had revenue of $8.53 billion for the quarter, compared to analyst estimates of $7.38 billion. CarMax had a net margin of 2.88% and a trailing twelve-month return on equity of 18.40%. The company's revenue for the quarter was up 64.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.42 EPS.
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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."

CarMax's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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.
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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.
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One share of KMX stock can currently be purchased for approximately $79.49.

CarMax (NYSE:KMX) has a market capitalization of $12.65 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.

The company employs 32,647 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.