CarMax Stock Forecast, Price & News

+1.65 (+1.17 %)
(As of 09/23/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1.13 million shs
Average Volume1.14 million shs
Market Capitalization$23.16 billion
P/E Ratio19.99
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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About CarMax

CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operator. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment comprises 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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Industry, Sector and Symbol

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Overall MarketRank

2.10 out of 5 stars

Retail/Wholesale Sector

135th out of 263 stocks

Automotive Dealers & Gasoline Service Stations Industry

14th out of 27 stocks

Analyst Opinion: 2.2Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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CarMax (NYSE:KMX) Frequently Asked Questions

Is CarMax a buy right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CarMax stock. 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 analyst ratings for CarMax
or view top-rated stocks.

What stocks does MarketBeat like better than CarMax?

Wall Street analysts have given CarMax a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CarMax wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CarMax's next earnings date?

CarMax is scheduled to release its next quarterly earnings announcement on Thursday, September 30th 2021.
View our earnings forecast for CarMax

How can I listen to CarMax's earnings call?

CarMax will be holding an earnings conference call on Thursday, September 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) announced its quarterly earnings results on Thursday, June, 24th. The company reported $2.63 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $1.00. The business had revenue of $7.70 billion for the quarter, compared to analyst estimates of $6.22 billion. CarMax had a trailing twelve-month return on equity of 27.44% and a net margin of 5.03%. CarMax's revenue was up 138.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.03 earnings per share.
View CarMax's earnings history

How has CarMax's stock price been impacted by COVID-19?

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 86.5% and is now trading at $142.16.
View which stocks have been most impacted by COVID-19

What price target have analysts set for KMX?

12 equities research analysts have issued 1 year price objectives for CarMax's stock. Their forecasts range from $73.00 to $200.00. On average, they anticipate CarMax's share price to reach $134.62 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for CarMax
or view top-rated stocks among Wall Street analysts.

Who are CarMax's key executives?

CarMax's management team includes the following people:
  • Bill Nash, President, Chief Executive Officer & Director
  • Edwin J. Hill, Chief Operating Officer & Executive Vice President
  • Enrique N. Mayor-Mora, Chief Financial Officer & Senior Vice President
  • Shamim Mohammad, Chief Technology & Information Officer, Senior VP
  • Jim Lyski, Chief Marketing Officer & Executive Vice President

What is Bill Nash's approval rating as CarMax's CEO?

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

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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.64%), BlackRock Inc. (6.28%), Principal Financial Group Inc. (5.69%), Primecap Management Co. CA (4.66%), Akre Capital Management LLC (4.37%) and State Street Corp (3.93%). 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, 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 for CarMax

Which major investors are selling CarMax stock?

KMX stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Nuveen Asset Management LLC, Appaloosa LP, Millennium Management LLC, Susquehanna International Group LLP, Price T Rowe Associates Inc. MD, Kiltearn Partners LLP, and BlackRock Inc.. 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, James Lyski, Jon G Daniels, Mohammad Shamim, 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.

Which major investors are buying CarMax stock?

KMX stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Bank of America Corp DE, Bank of America Corp DE, Marathon Asset Management LLP, Invesco Ltd., Morgan Stanley, and Morgan Stanley.
View insider buying and selling activity for CarMax
or or view top insider-buying stocks.

How do I buy shares of CarMax?

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.
Compare Top Brokerages Here.

What is CarMax's stock price today?

One share of KMX stock can currently be purchased for approximately $142.16.

How much money does CarMax make?

CarMax has a market capitalization of $23.16 billion and generates $18.95 billion in revenue each year. The company earns $746.92 million in net income (profit) each year or $4.72 on an earnings per share basis.

How many employees does CarMax have?

CarMax employs 26,889 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, and Glen Allen Insurance.

When was CarMax founded?

CarMax was founded in 1993.

What is CarMax's official website?

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

Where are CarMax's headquarters?

How can I contact CarMax?

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].

This page was last updated on 9/23/2021 by MarketBeat.com Staff
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