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Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
"Prepare for Five Years of Famine" (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
"Prepare for Five Years of Famine" (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
BREAKING: Tiny biotech successfully treats blindness (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
NYSE:KMX

CarMax - KMX Stock Forecast, Price & News

$64.28
+3.18 (+5.20%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$61.14
$64.43
50-Day Range
$56.26
$79.32
52-Week Range
$52.10
$106.24
Volume
2.08 million shs
Average Volume
2.34 million shs
Market Capitalization
$10.16 billion
P/E Ratio
18.01
Dividend Yield
N/A
Price Target
$62.50

CarMax MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
3.1% Downside
$62.30 Price Target
Short Interest
Bearish
14.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.45mentions of CarMax in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.35%
From $2.84 to $2.83 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.36 out of 5 stars

Retail/Wholesale Sector

199th out of 213 stocks

Automotive Dealers & Gasoline Service Stations Industry

20th out of 21 stocks


KMX stock logo

About CarMax (NYSE:KMX) Stock

CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists 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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KMX Stock News Headlines

Traders Buy High Volume of CarMax Put Options (NYSE:KMX)
Did You See These Trend Reversals?
Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth. pixel
Do You Expect Long-term Gains from CarMax (KMX)?
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Bear of the Day: CarMax (KMX)
This Tech Stock Could be the Next Amazon
You can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. pixel
Read This Before Judging CarMax, Inc.'s (NYSE:KMX) ROE
CarMax: A Great, But Pricey, Company
Should You Retain Your Position in CarMax (KMX)?
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Weak Results Dragged CarMax (KMX) Stock in Q4
Finding Where Insiders Have the Conviction to Buy
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See More Headlines
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KMX Company Calendar

Last Earnings
12/22/2021
Today
3/31/2023
Next Earnings (Confirmed)
4/11/2023
Fiscal Year End
2/29/2024

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
32,647
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$62.30
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$49.00
Forecasted Upside/Downside
-2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
12 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
2.39%

Debt

Sales & Book Value

Annual Sales
$31.90 billion
Cash Flow
$9.61 per share
Book Value
$32.38 per share

Miscellaneous

Free Float
155,416,000
Market Cap
$10.16 billion
Optionable
Optionable
Beta
1.43

Social Links


Key Executives

  • Bill Nash
    President, Chief Executive Officer & Director
  • Charles Joseph WilsonCharles Joseph Wilson
    Chief Operating Officer & Executive Vice President
  • Enrique N. Mayor-MoraEnrique N. Mayor-Mora
    Chief Financial Officer & Senior Vice President
  • Shamim Mohammad
    Chief Technology & Information Officer, Senior VP
  • Diane Long CafritzDiane Long Cafritz
    SVP, Chief Human Resources & Compliance Officer













KMX Stock - Frequently Asked Questions

Should I buy or sell CarMax stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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.
View KMX analyst ratings
or view top-rated stocks.

What is CarMax's stock price forecast for 2023?

12 equities research analysts have issued twelve-month price targets for CarMax's shares. Their KMX share price forecasts range from $49.00 to $75.00. On average, they expect the company's share price to reach $62.30 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts price targets for KMX
or view top-rated stocks among Wall Street analysts.

How have KMX shares performed in 2023?

CarMax's stock was trading at $60.89 on January 1st, 2023. Since then, KMX shares have increased by 5.6% and is now trading at $64.28.
View the best growth stocks for 2023 here
.

Are investors shorting CarMax?

CarMax saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 23,470,000 shares, an increase of 6.0% from the February 13th total of 22,140,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the days-to-cover ratio is presently 8.9 days. Currently, 14.9% of the shares of the company are short sold.
View CarMax's Short Interest
.

When is CarMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 11th 2023.
View our KMX earnings forecast
.

How can I listen to CarMax's earnings call?

CarMax will be holding an earnings conference call on Tuesday, April 11th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-1347.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its earnings results on Wednesday, December, 22nd. The company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.44 by $0.19. The company had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $7.38 billion. CarMax had a trailing twelve-month return on equity of 10.69% and a net margin of 1.82%. The company's quarterly revenue was up 64.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.42 EPS.
Read the conference call transcript
.

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

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.

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), Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and 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 retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (6.61%), Ruane Cunniff & Goldfarb L.P. (3.97%), Diamond Hill Capital Management Inc. (3.41%), Fiduciary Management Inc. WI (2.08%), Geode Capital Management LLC (2.02%) and Cooke & Bieler LP (1.51%). 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.
View institutional ownership trends
.

How do I buy shares of CarMax?

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.
Compare Top Brokerages Here.

What is CarMax's stock price today?

One share of KMX stock can currently be purchased for approximately $64.28.

How much money does CarMax make?

CarMax (NYSE:KMX) has a market capitalization of $10.16 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $3.57 on an earnings per share basis.

How many employees does CarMax have?

The company employs 32,647 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, CarMax Enterprise Services LLC, Edmunds, and Glen Allen Insurance.
Read More
How can I contact CarMax?

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.

This page (NYSE:KMX) was last updated on 4/1/2023 by MarketBeat.com Staff