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NYSE:KMX

CarMax - KMX Stock Forecast, Price & News

$79.46
+0.14 (+0.18%)
(As of 02/3/2023 11:32 AM ET)
Add
Compare
Today's Range
$77.67
$79.75
50-Day Range
$57.20
$79.32
52-Week Range
$52.10
$114.43
Volume
607,613 shs
Average Volume
2.77 million shs
Market Capitalization
$12.56 billion
P/E Ratio
22.26
Dividend Yield
N/A
Price Target
$62.67

CarMax MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
21.1% Downside
$62.67 Price Target
Short Interest
Bearish
13.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.46mentions of CarMax in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$501,256 Bought Last Quarter
Proj. Earnings Growth
4.95%
From $2.83 to $2.97 Per Share

Overall MarketRank

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

1.61 out of 5 stars

Retail/Wholesale Sector

172nd out of 213 stocks

Automotive Dealers & Gasoline Service Stations Industry

18th out of 24 stocks

KMX stock logo

About CarMax (NYSE:KMX) Stock

CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment pertains to its finance operation, which offers vehicle financing services to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in 1993 and is headquartered in Richmond, VA.

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KMX Stock News Headlines

Carvana Is Up 39.28% In One Week: Is It The Newest Meme Stock? (KMX)
Carvana more than doubled in the past month, with a one-week gain of 39.28%. The move has the makings of a short squeeze, with echoes of the meme-stock frenzy.
Does a Price Cut for Tesla Vehicles Mean the Same for TSLA Stock? (KMX)
Tesla announced price cuts on popular models in order to boost sales, after several earnings misses. Hopefull this can build momentum to restore stock value
The Humble Mineral at the Heart of the EV Revolution (Not Lithium)
You may know of graphite as what's in the tip of a No. 2 pencil, but it is the key to many forms of renewable energy. Today, this humble mineral is at the epicenter of the electric car revolution. Because what most people don't know is today's EV batteries contain more than 220 pounds of graphite – more than lithium, copper or aluminum!
Should You Retain Your Position in CarMax (KMX)?
Carvana Is Down 95% From Its High. Time to Buy?
The Humble Mineral at the Heart of the EV Revolution (Not Lithium)
You may know of graphite as what's in the tip of a No. 2 pencil, but it is the key to many forms of renewable energy. Today, this humble mineral is at the epicenter of the electric car revolution. Because what most people don't know is today's EV batteries contain more than 220 pounds of graphite – more than lithium, copper or aluminum!
Weak Results Dragged CarMax (KMX) Stock in Q4
Finding Where Insiders Have the Conviction to Buy
Used-Car Dealers’ Stocks Attract Buying From Insiders
Why Shares of Ford Slumped in December
What the Smartest Investors Know About Carvana Stock
Why Carvana Stock Was Stuck at a red Light Today
CarMax Third Quarter 2023 Earnings: Misses Expectations
CarMax (KMX) Q3 Earnings Miss on Lower-Than-Expected Sales
See More Headlines
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KMX Company Calendar

Last Earnings
12/22/2022
Today
2/03/2023
Fiscal Year End
2/28/2023
Next Earnings (Estimated)
4/11/2023

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
$62.67
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$49.00
Forecasted Upside/Downside
-21.1%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
2.39%

Debt

Sales & Book Value

Annual Sales
$31.90 billion
Cash Flow
$9.12 per share
Book Value
$34.73 per share

Miscellaneous

Free Float
155,416,000
Market Cap
$12.56 billion
Optionable
Optionable
Beta
1.46

Social Links


Key Executives

  • Bill Nash
    President, Chief Executive Officer & Director
  • Charles Joseph WilsonCharles Joseph Wilson
    Chief Operating Officer & Executive Vice President
  • Enrique N. Mayor-MoraEnrique N. Mayor-Mora
    Chief Financial Officer & Senior Vice President
  • Shamim Mohammad
    Chief Technology & Information Officer, Senior VP
  • Diane Long CafritzDiane Long Cafritz
    SVP, Chief Human Resources & Compliance Officer













KMX Stock - Frequently Asked Questions

Should I buy or sell CarMax stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMX, but not buy additional shares or sell existing shares.
View KMX analyst ratings
or view top-rated stocks.

What is CarMax's stock price forecast for 2023?

11 analysts have issued 12-month price targets for CarMax's stock. Their KMX share price forecasts range from $49.00 to $75.00. On average, they predict the company's stock price to reach $62.67 in the next year. This suggests that the stock has a possible downside of 21.0%.
View analysts price targets for KMX
or view top-rated stocks among Wall Street analysts.

How have KMX shares performed in 2023?

CarMax's stock was trading at $60.89 on January 1st, 2023. Since then, KMX shares have increased by 30.3% and is now trading at $79.32.
View the best growth stocks for 2023 here
.

Are investors shorting CarMax?

CarMax saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 20,910,000 shares, an increase of 13.1% from the December 15th total of 18,480,000 shares. Based on an average trading volume of 2,750,000 shares, the days-to-cover ratio is currently 7.6 days. Currently, 13.3% of the shares of the company are sold short.
View CarMax's Short Interest
.

When is CarMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 11th 2023.
View our KMX earnings forecast
.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its quarterly earnings results on Thursday, December, 22nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by $0.34. The company earned $6.51 billion during the quarter, compared to analysts' expectations of $7.18 billion. CarMax had a net margin of 1.82% and a trailing twelve-month return on equity of 10.69%. The business's quarterly revenue was down 23.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.63 EPS.
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 shareholders include Kovitz Investment Group Partners LLC (0.68%), Welch & Forbes LLC (0.61%), Fenimore Asset Management Inc. (0.56%), DAVENPORT & Co LLC (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.29%) and Wedge Capital Management L L P NC (0.26%). 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 $79.32.

How much money does CarMax make?

CarMax (NYSE:KMX) has a market capitalization of $12.53 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $3.57 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
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 2/3/2023 by MarketBeat.com Staff