NYSE:KMXCarMax Stock Price, Forecast & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KMX stock has increased by 15.7% and is now trading at $88.19. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 hold rating, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CarMax.

CarMax is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020. View our earnings forecast for CarMax.

CarMax, Inc (NYSE:KMX) released its quarterly earnings results on Friday, June, 19th. The company reported $0.03 EPS for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.09. The company earned $2.79 billion during the quarter, compared to analysts' expectations of $2.66 billion. CarMax had a net margin of 3.45% and a return on equity of 18.00%. The firm's quarterly revenue was down 48.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.59 earnings per share. View CarMax's earnings history.

13 analysts have issued 12 month target prices for CarMax's stock. Their forecasts range from $75.00 to $116.00. On average, they expect CarMax's share price to reach $99.09 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View analysts' price targets for CarMax.

Media coverage about KMX stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CarMax earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about CarMax.

CarMax saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 14,400,000 shares, a decrease of 5.3% from the June 15th total of 15,210,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 6.6 days. Approximately 8.9% of the company's shares are short sold. View CarMax's Current Options Chain.

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), Monro (MNRO), Asbury Automotive Group (ABG), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI) and America's Car-Mart (CRMT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Netflix (NFLX), QUALCOMM (QCOM), Micron Technology (MU), Starbucks (SBUX), Tesla (TSLA), Alibaba Group (BABA) and 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 institutional and retail investors. Top institutional shareholders include Nexus Investment Management ULC (0.21%), Envestnet Asset Management Inc. (0.17%), Founders Capital Management LLC (0.10%), State of Alaska Department of Revenue (0.02%), Xcel Wealth Management LLC (0.01%) and Carnegie Capital Asset Management LLC (0.01%). 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, Jon G Daniels, Mohammad Shamim, Peter J Bensen, 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 Whittier Trust Co., Municipal Employees Retirement System of Michigan, Founders Capital Management LLC, Copperleaf Capital LLC, and Carnegie Capital Asset Management LLC. Company insiders that have sold CarMax company stock in the last year include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Enrique N Mayor-Mora, Eric M Margolin, Mohammad Shamim, and Thomas W Reedy Jr. View insider buying and selling activity for CarMax.

KMX stock was bought by a variety of institutional investors in the last quarter, including Xcel Wealth Management LLC, Envestnet Asset Management Inc., Nexus Investment Management ULC, Foundations Investment Advisors LLC, State of Alaska Department of Revenue, Ellevest Inc., Patriot Financial Group Insurance Agency LLC, and Hudson Valley Investment Advisors Inc. ADV. View insider buying and selling activity for CarMax.

Shares of KMX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KMX stock can currently be purchased for approximately $88.19.

CarMax has a market capitalization of $14.38 billion and generates $20.32 billion in revenue each year. The company earns $888.43 million in net income (profit) each year or $5.33 on an earnings per share basis. CarMax employs 27,050 workers across the globe.

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

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]