NYSE:KMX - CarMax Stock Price, Forecast & News

CarMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMX."

CarMax, Inc (NYSE:KMX) posted its quarterly earnings results on Friday, December, 20th. The company reported $1.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.16 by $0.12. The business earned $4.79 billion during the quarter, compared to analysts' expectations of $4.62 billion. CarMax had a return on equity of 24.53% and a net margin of 4.40%. The firm's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.09 EPS. View CarMax's Earnings History.

CarMax is scheduled to release their next quarterly earnings announcement on Friday, April 3rd 2020. View Earnings Estimates for CarMax.

12 analysts have issued 1-year price targets for CarMax's shares. Their forecasts range from $86.50 to $118.00. On average, they anticipate CarMax's share price to reach $104.38 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for CarMax.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CarMax.

Headlines about KMX stock have been trending somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CarMax earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for CarMax.

CarMax saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 16,350,000 shares, a drop of 5.9% from the December 15th total of 17,370,000 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is currently 13.4 days. Approximately 10.1% of the company's shares are sold short. View CarMax's Current Options Chain.

Some companies that are related to CarMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), AutoNation (AN), Penske Automotive Group (PAG), Lithia Motors (LAD), Monro (MNRO), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (PBY), Sonic Automotive (SAH) and America's Car-Mart (CRMT).

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Netflix (nflx), Intel (INTC), Tesla (TSLA), Walt Disney (DIS), Boeing (BA), Starbucks (SBUX), Home Depot (HD), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).

CarMax's stock is owned by a number of of retail and institutional investors. Top institutional investors include Welch & Forbes LLC (0.63%), Fenimore Asset Management Inc. (0.62%), Marathon Asset Management LLP (0.53%), Douglass Winthrop Advisors LLC (0.44%), California Public Employees Retirement System (0.24%) and Howland Capital Management LLC (0.21%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Eric M Margolin, James Lyski, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Thomas J Folliard, Thomas W Reedy Jr, William C Jr Wood 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 DNB Asset Management AS, Marathon Asset Management LLP, Wedge Capital Management L L P NC, Douglass Winthrop Advisors LLC, Sib LLC, Welch & Forbes LLC, Nisa Investment Advisors LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold CarMax company stock in the last year include Darren C Newberry, Diane L Cafritz, Edwin J Hill, Eric M Margolin, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Thomas J Folliard, Thomas W Reedy Jr and William D Nash. View Insider Buying and Selling for CarMax.

KMX stock was purchased by a variety of institutional investors in the last quarter, including Columbus Circle Investors, British Airways Pensions Investment Management Ltd, Deroy & Devereaux Private Investment Counsel Inc., Sciencast Management LP, Advisors Preferred LLC, AE Wealth Management LLC, Nachman Norwood & Parrott Inc and California Public Employees Retirement System. View Insider Buying and Selling 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 $95.98.

CarMax has a market capitalization of $15.68 billion and generates $18.17 billion in revenue each year. The company earns $842.41 million in net income (profit) each year or $4.79 on an earnings per share basis. CarMax employs 25,946 workers across the globe.View Additional Information About CarMax.

The official website for CarMax is http://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]