CarMax Company Profile (NYSE:KMX)

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

CarMax Inc (NYSE:KMX) announced its quarterly earnings results on Wednesday, June, 21st. The company reported $1.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.98 by $0.15. The business had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.46 billion. CarMax had a return on equity of 21.72% and a net margin of 4.07%. The company's quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.90 EPS. View CarMax's Earnings History.

CarMax is scheduled to release their next quarterly earnings announcement on Friday, September, 22nd 2017. View Earnings Estimates for CarMax.

12 equities research analysts have issued 1-year price objectives for CarMax's stock. Their predictions range from $48.00 to $82.00. On average, they expect CarMax's stock price to reach $68.73 in the next twelve months. View Analyst Ratings for CarMax.

Here are some recent quotes from research analysts about CarMax stock:

• 1. According to Zacks Investment Research, "CarMax stock has outperformed the industry it belongs to in the last three months.  CarMax’s focus on the used-car market helps it to outperform the industry. The company is among the strongest operators in its peer group. Also, its aggressive store-expansion is expected to benefit the company. Moreover, share repurchases will boost shareholder returns. However, the average selling prices in used vehicle as well as wholesale vehicle segment has been declining. The increase in the supply of used vehicles is expected to further lower prices." (8/16/2017)
• 2. Wedbush analysts commented, " In this report, we explore the implications of a weakening credit environment on KMX, with a focus on the CarMax Auto Finance (CAF) business accounting for nearly 40% of operating income. Not only is KMX's core business heavily dependent on availability of adequately priced credit, but CAF adds substantial risk to the company's profile particularly as one considers that ~30% of its loans are non-prime and credit quality is weakening. With used car price declines accelerating along with increasing default rates for subprime loans and rising interest rates, we expect credit availability to tighten and CAF credit losses to rise. While retail sales trends may have been robust in recent months, and the company is now annualizing the pullback of Santander Consumer USA (SC), we believe these credit-oriented headwinds will weigh on KMX earnings over the next two years. We tick down our 2017 estimates further below consensus and reiterate our NEUTRAL rating." (3/27/2017)

Some companies that are related to CarMax include Ross Stores (ROST), Expedia (EXPE), Dollar General Corporation (DG), Kroger Company (The) (KR), Tesco PLC (TSCDY), Best Buy Co. (BBY), Dollar Tree (DLTR), O'Reilly Automotive (ORLY), Koninklijke Ahold Delhaize NV (AHONY), Ulta Beauty (ULTA), AutoZone (AZO), Restaurant Brands International (QSR), Whole Foods Market (WFM), Fastenal Company (FAST), Tiffany & Co. (TIF), MercadoLibre (MELI), Darden Restaurants (DRI) and L Brands (LB).

CarMax's management team includes the folowing people:

• William D. Nash, President, Chief Executive Officer, Director
• Thomas W. Reedy Jr., Chief Financial Officer, Executive Vice President
• William C. Wood Jr., Chief Operating Officer, Executive Vice President
• Diane Long Cafritz, Chief Human Resource Officer, Senior Vice President
• Edwin J. Hill, Executive Vice President - Strategy and Business Transformation
• Shamim Mohammad, Senior Vice President, Chief Information Officer
• James R. Lyski, Senior Vice President, Chief Marketing Officer
• Eric M. Margolin, Senior Vice President, General Counsel, Corporate Secretary
• Jon G. Daniels, Senior Vice President - CarMax Auto Finance
• Thomas J. Folliard IV, Non-Executive Chairman of the Board

CarMax's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.92%), BlackRock Inc. (6.08%), Principal Financial Group Inc. (5.01%), Baillie Gifford & Co. (4.77%), State Street Corp (4.22%) and Harris Associates L P (3.91%). Company insiders that own CarMax stock include Alan B Colberg, Edgar H Grubb, Edwin J Hill, Eric M Margolin, Jeffrey E Garten, Jon G Daniels, Mitchell D Steenrod, Mohammad Shamim, Natalie L Wyatt, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr, W Robert Grafton and William C Jr Wood. View Institutional Ownership Trends for CarMax.

CarMax's stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Harris Associates L P, Davis Selected Advisers, FMR LLC, State Street Corp, Baillie Gifford & Co., Sarasin & Partners LLP and Bank of New York Mellon Corp. Company insiders that have sold CarMax stock in the last year include Edgar H Grubb, Edwin J Hill, Eric M Margolin, Jeffrey E Garten, Jon G Daniels, Mitchell D Steenrod, Mohammad Shamim, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr, W Robert Grafton and William C Jr Wood. View Insider Buying and Selling for CarMax.

CarMax's stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Principal Financial Group Inc., UBS Oconnor LLC, Balyasny Asset Management LLC, William Blair Investment Management LLC, Vanguard Group Inc., Marathon Asset Management LLP and SG Capital Management LLC. View Insider Buying and Selling for CarMax.

Shares of CarMax can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CarMax stock can currently be purchased for approximately $64.14.