NYSE:KMXCarMax Stock Price, Forecast & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KMX shares have increased by 7.0% and is now trading at $81.55. 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) announced its quarterly earnings results on Thursday, April, 2nd. The company reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.17. The firm had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.61 billion. CarMax had a net margin of 4.37% and a return on equity of 24.46%. The business's revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.13 EPS. View CarMax's earnings history.

14 analysts have issued 1 year target prices for CarMax's stock. Their forecasts range from $58.00 to $112.00. On average, they expect CarMax's stock price to reach $89.19 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts' price targets for CarMax.

News articles about KMX stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CarMax earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutCarMax.

CarMax saw a increase in short interest during the month of 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 daily volume of 2,090,000 shares, the days-to-cover ratio is currently 7.8 days. Approximately 10.1% of the shares of the stock are sold short. 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), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI), 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 a number of 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 purchased 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 $81.55.

CarMax has a market capitalization of $13.26 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]