NYSE:KMXCarMax Stock Price, Forecast & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KMX shares have increased by 16.4% and is now trading at $88.70. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 hold rating, 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 Tuesday, September 22nd 2020. View our earnings forecast for CarMax.

CarMax, Inc (NYSE:KMX) announced its earnings results on Friday, June, 19th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.09. The company earned $2.79 billion during the quarter, compared to the consensus estimate of $2.66 billion. CarMax had a net margin of 3.45% and a return on equity of 18.00%. The company's revenue was down 48.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.59 EPS. View CarMax's earnings history.

13 equities research analysts have issued 12 month price objectives for CarMax's shares. Their forecasts range from $75.00 to $116.00. On average, they expect CarMax's stock price to reach $99.09 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View analysts' price targets for CarMax.

News articles about KMX stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CarMax earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media 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 next several days. View the latest news about CarMax.

CarMax saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 14,400,000 shares, a decrease of 5.3% from the June 15th total of 15,210,000 shares. Based on an average daily volume of 2,170,000 shares, the days-to-cover ratio is currently 6.6 days. Approximately 8.9% of the shares of the company 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), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Monro (MNRO), Asbury Automotive Group (ABG), Sonic Automotive (SAH), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI) 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 institutional and retail investors. Top institutional shareholders include Nexus Investment Management ULC (0.21%), Envestnet Asset Management Inc. (0.17%), Founders Capital Management LLC (0.10%), State of Alaska Department of Revenue (0.02%), Hudson Valley Investment Advisors Inc. ADV (0.01%) and Copperleaf Capital LLC (0.00%). 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, Jon G Daniels, Mohammad Shamim, Peter J Bensen, 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 Municipal Employees Retirement System of Michigan, Founders Capital Management LLC, and Copperleaf Capital LLC. 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, Mohammad Shamim, and Thomas W Reedy Jr. View insider buying and selling activity for CarMax.

KMX stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Nexus Investment Management ULC, Foundations Investment Advisors LLC, State of Alaska Department of Revenue, Ellevest Inc., and Hudson Valley Investment Advisors Inc. ADV. 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 $88.70.

CarMax has a market capitalization of $14.47 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]