CarMax - KMX Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KMX shares. 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.
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11 Wall Street research analysts have issued 12-month target prices for CarMax's stock. Their KMX share price forecasts range from $64.00 to $130.00. On average, they predict the company's share price to reach $87.60 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
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CarMax's stock was trading at $130.23 at the beginning of 2022. Since then, KMX stock has decreased by 47.4% and is now trading at $68.45.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 28th 2022.
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CarMax, Inc. (NYSE:KMX) issued its quarterly earnings data on Thursday, September, 29th. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $1.40 by $0.61. The company earned $8.14 billion during the quarter, compared to the consensus estimate of $8.55 billion. CarMax had a trailing twelve-month return on equity of 14.95% and a net margin of 2.40%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.72 earnings per share.
Read the conference call transcript.

1,023 employees have rated CarMax Chief Executive Officer Bill Nash on Glassdoor.com. Bill Nash has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) 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 Confluence Investment Management LLC (0.09%). Insiders that own company stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Diane L Cafritz, Edwin J Hill, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, 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.
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Shares of KMX stock 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 $68.45.

CarMax (NYSE:KMX) has a market capitalization of $10.82 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $4.96 on an earnings per share basis.

The company employs 32,647 workers across the globe.

CarMax's mailing address is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. The official website for the company is www.carmax.com. The company can be reached via phone at (804) 747-0422, via email at investor_relations@carmax.com, or via fax at 804-217-6819.