NYSE:KMXCarMax Stock Price, Forecast & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KMX shares have increased by 17.1% and is now trading at $89.21. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 hold ratings, 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 Friday, June 19th 2020. View our earnings forecast for CarMax.

CarMax, Inc (NYSE:KMX) issued its quarterly earnings results on Thursday, April, 2nd. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.17. The business earned $4.25 billion during the quarter, compared to analysts' expectations of $4.61 billion. CarMax had a net margin of 4.37% and a return on equity of 24.46%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 EPS. View CarMax's earnings history.

14 Wall Street analysts have issued twelve-month target prices for CarMax's shares. Their forecasts range from $58.00 to $112.00. On average, they anticipate CarMax's share price to reach $89.19 in the next twelve months. This suggests that the stock has a possible downside of 0.0%. View analysts' price targets for CarMax.

News coverage about KMX stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CarMax earned a news impact score of -1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutCarMax.

CarMax saw a increase in short interest in April. As of April 30th, there was short interest totaling 16,400,000 shares, an increase of 14.0% from the April 15th total of 14,380,000 shares. Based on an average trading volume of 2,090,000 shares, the short-interest ratio is currently 7.8 days. Approximately 10.1% of the company's stock 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), AutoNation (AN), Lithia Motors (LAD), Penske Automotive Group (PAG), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.60%), Primecap Management Co. CA (6.29%), Principal Financial Group Inc. (5.23%), Akre Capital Management LLC (5.04%), State Street Corp (4.24%) and Janus Henderson Group PLC (3.06%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Eric M Margolin, James Lyski, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr, William C Jr Wood 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 Wells Fargo & Company MN, Primecap Management Co. CA, UBS Group AG, The Manufacturers Life Insurance Company , Baillie Gifford & Co., Russell Investments Group Ltd., Parametric Portfolio Associates LLC, and Columbus Circle Investors. Company insiders that have sold CarMax company stock in the last year include Darren C Newberry, Diane L Cafritz, Edwin J Hill, Eric M Margolin, Jon G Daniels, Mohammad Shamim, Thomas W Reedy Jr, and William D Nash. View insider buying and selling activity for CarMax.

KMX stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Akre Capital Management LLC, Principal Financial Group Inc., Timucuan Asset Management Inc. FL, Sumitomo Mitsui Trust Holdings Inc., Chilton Investment Co. LLC, London Co. of Virginia, and Summitry LLC. 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 $89.21.

CarMax has a market capitalization of $14.50 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]