CarMax Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 1 hold rating, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CarMax stock.
View analyst ratings for CarMax or view top-rated stocks.

Wall Street analysts have given CarMax a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CarMax wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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CarMax saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 7,000,000 shares, a drop of 26.1% from the January 14th total of 9,470,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 4.3% of the shares of the stock are sold short.
View CarMax's Short Interest.

CarMax is scheduled to release its next quarterly earnings announcement on Thursday, April 1st 2021.
View our earnings forecast for CarMax.

CarMax, Inc. (NYSE:KMX) posted its quarterly earnings results on Monday, December, 21st. The company reported $1.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.28. The business had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.98 billion. CarMax had a trailing twelve-month return on equity of 20.30% and a net margin of 4.01%. The business's revenue was down 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 EPS.
View CarMax's earnings history.

CarMax's stock was trading at $76.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KMX shares have increased by 56.1% and is now trading at $119.00.
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16 Wall Street analysts have issued 12 month target prices for CarMax's stock. Their forecasts range from $73.00 to $165.00. On average, they expect CarMax's stock price to reach $109.88 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts' price targets for CarMax or view top-rated stocks among Wall Street analysts.

1,023 employees have rated CarMax CEO Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among CarMax's employees.

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), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Monro (MNRO), Sonic Automotive (SAH), Prospect Capital (PBY) and America's Car-Mart (CRMT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), The Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and The 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.41%), Principal Financial Group Inc. (5.90%), Principal Financial Group Inc. (5.87%), Primecap Management Co. CA (5.28%), Akre Capital Management LLC (4.60%) and Price T Rowe Associates Inc. MD (2.76%). 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, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Ronald E Blaylock, 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 Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Janus Henderson Group PLC, BlackRock Inc., Primecap Management Co. CA, Epoch Investment Partners Inc., Thornburg Investment Management Inc., and First Trust Advisors LP. Company insiders that have sold CarMax company stock in the last year include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Ronald E Blaylock, Thomas J Folliard, Thomas W Reedy Jr, and William D Nash.
View insider buying and selling activity for CarMax or view top insider-selling stocks.

KMX stock was purchased by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Fiera Capital Corp, DF Dent & Co. Inc., Renaissance Technologies LLC, Mackenzie Financial Corp, Voloridge Investment Management LLC, Blair William & Co. IL, and Morgan Stanley.
View insider buying and selling activity for CarMax or or view top insider-buying stocks.

Shares of KMX 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.
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One share of KMX stock can currently be purchased for approximately $119.00.

CarMax has a market capitalization of $19.34 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 25,000 workers across the globe.

CarMax was founded in 1993.

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

CarMax is headquartered at 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238.

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]