S&P 500   4,137.79 (-0.18%)
DOW   32,801.23 (+-0.01%)
QQQ   320.97 (-0.24%)
AAPL   165.00 (-0.21%)
MSFT   280.88 (-0.72%)
META   171.46 (+2.60%)
GOOGL   117.39 (-0.07%)
AMZN   139.50 (-0.92%)
TSLA   898.85 (+3.97%)
NVDA   173.47 (-8.65%)
NIO   20.34 (+0.59%)
BABA   91.42 (-1.23%)
AMD   98.72 (-3.51%)
MU   61.16 (-2.08%)
T   18.13 (-1.20%)
CGC   3.09 (+14.44%)
GE   75.13 (+1.04%)
F   15.73 (+2.81%)
DIS   109.44 (+2.64%)
AMC   24.91 (+12.31%)
PYPL   96.47 (+1.21%)
PFE   49.25 (-0.04%)
NFLX   234.99 (+3.62%)
S&P 500   4,137.79 (-0.18%)
DOW   32,801.23 (+-0.01%)
QQQ   320.97 (-0.24%)
AAPL   165.00 (-0.21%)
MSFT   280.88 (-0.72%)
META   171.46 (+2.60%)
GOOGL   117.39 (-0.07%)
AMZN   139.50 (-0.92%)
TSLA   898.85 (+3.97%)
NVDA   173.47 (-8.65%)
NIO   20.34 (+0.59%)
BABA   91.42 (-1.23%)
AMD   98.72 (-3.51%)
MU   61.16 (-2.08%)
T   18.13 (-1.20%)
CGC   3.09 (+14.44%)
GE   75.13 (+1.04%)
F   15.73 (+2.81%)
DIS   109.44 (+2.64%)
AMC   24.91 (+12.31%)
PYPL   96.47 (+1.21%)
PFE   49.25 (-0.04%)
NFLX   234.99 (+3.62%)
S&P 500   4,137.79 (-0.18%)
DOW   32,801.23 (+-0.01%)
QQQ   320.97 (-0.24%)
AAPL   165.00 (-0.21%)
MSFT   280.88 (-0.72%)
META   171.46 (+2.60%)
GOOGL   117.39 (-0.07%)
AMZN   139.50 (-0.92%)
TSLA   898.85 (+3.97%)
NVDA   173.47 (-8.65%)
NIO   20.34 (+0.59%)
BABA   91.42 (-1.23%)
AMD   98.72 (-3.51%)
MU   61.16 (-2.08%)
T   18.13 (-1.20%)
CGC   3.09 (+14.44%)
GE   75.13 (+1.04%)
F   15.73 (+2.81%)
DIS   109.44 (+2.64%)
AMC   24.91 (+12.31%)
PYPL   96.47 (+1.21%)
PFE   49.25 (-0.04%)
NFLX   234.99 (+3.62%)
S&P 500   4,137.79 (-0.18%)
DOW   32,801.23 (+-0.01%)
QQQ   320.97 (-0.24%)
AAPL   165.00 (-0.21%)
MSFT   280.88 (-0.72%)
META   171.46 (+2.60%)
GOOGL   117.39 (-0.07%)
AMZN   139.50 (-0.92%)
TSLA   898.85 (+3.97%)
NVDA   173.47 (-8.65%)
NIO   20.34 (+0.59%)
BABA   91.42 (-1.23%)
AMD   98.72 (-3.51%)
MU   61.16 (-2.08%)
T   18.13 (-1.20%)
CGC   3.09 (+14.44%)
GE   75.13 (+1.04%)
F   15.73 (+2.81%)
DIS   109.44 (+2.64%)
AMC   24.91 (+12.31%)
PYPL   96.47 (+1.21%)
PFE   49.25 (-0.04%)
NFLX   234.99 (+3.62%)
NYSE:KMX

CarMax - KMX Stock Forecast, Price & News

$100.68
+1.51 (+1.52%)
(As of 08/8/2022 12:22 PM ET)
Add
Compare
Today's Range
$99.97
$102.13
50-Day Range
$85.76
$102.24
52-Week Range
$84.37
$155.98
Volume
11,747 shs
Average Volume
1.70 million shs
Market Capitalization
$16.02 billion
P/E Ratio
17.09
Dividend Yield
N/A
Price Target
$126.89

CarMax MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
28.0% Upside
$126.89 Price Target
Short Interest
Bearish
8.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$3.45 M Sold Last Quarter
Proj. Earnings Growth
10.66%
From $5.72 to $6.33 Per Share

Overall MarketRank

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

2.22 out of 5 stars

Retail/Wholesale Sector

130th out of 261 stocks

Automotive Dealers & Gasoline Service Stations Industry

13th out of 28 stocks

KMX stock logo

About CarMax (NYSE:KMX) Stock

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on KMX. TheStreet downgraded shares of CarMax from a "b-" rating to a "c+" rating in a research note on Tuesday, April 12th. Morgan Stanley cut their price objective on CarMax from $140.00 to $124.00 and set an "overweight" rating for the company in a report on Thursday, July 14th. Needham & Company LLC assumed coverage on CarMax in a report on Monday, May 2nd. They issued a "hold" rating for the company. JPMorgan Chase & Co. cut their price target on CarMax from $110.00 to $105.00 in a report on Tuesday, June 7th. Finally, Wedbush lifted their price objective on CarMax from $90.00 to $105.00 and gave the stock a "neutral" rating in a research report on Monday, June 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $126.89.

CarMax Price Performance

CarMax stock opened at $99.17 on Monday. The company has a market capitalization of $15.78 billion, a PE ratio of 16.84, a P/E/G ratio of 1.08 and a beta of 1.39. The stock has a 50-day moving average price of $94.58 and a two-hundred day moving average price of $98.12. The company has a current ratio of 2.72, a quick ratio of 0.63 and a debt-to-equity ratio of 3.29. CarMax has a 12 month low of $84.37 and a 12 month high of $155.98.

CarMax (NYSE:KMX - Get Rating) last released its earnings results on Friday, June 24th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.51 by $0.05. CarMax had a return on equity of 18.40% and a net margin of 2.88%. The business had revenue of $9.31 billion during the quarter, compared to analysts' expectations of $9.38 billion. During the same quarter last year, the firm posted $2.63 earnings per share. Analysts expect that CarMax will post 5.72 EPS for the current year.

Insider Activity

In related news, EVP Diane L. Cafritz sold 15,555 shares of CarMax stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $94.75, for a total transaction of $1,473,836.25. Following the sale, the executive vice president now directly owns 4,988 shares in the company, valued at $472,613. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Diane L. Cafritz sold 18,092 shares of CarMax stock in a transaction on Friday, July 1st. The stock was sold at an average price of $91.06, for a total value of $1,647,457.52. Following the completion of the transaction, the executive vice president now directly owns 4,988 shares in the company, valued at $454,207.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Diane L. Cafritz sold 15,555 shares of the business's stock in a transaction dated Thursday, July 21st. The stock was sold at an average price of $94.75, for a total value of $1,473,836.25. Following the transaction, the executive vice president now owns 4,988 shares of the company's stock, valued at $472,613. The disclosure for this sale can be found here. Insiders have sold 37,103 shares of company stock worth $3,445,847 over the last 90 days. 1.65% of the stock is currently owned by corporate insiders.

Receive KMX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CarMax and its competitors with MarketBeat's FREE daily newsletter.

KMX Stock News Headlines

AutoNation Stock is Firing on All Pistons (KMX)
Automobile retailer AutoNation (NYSE: AN) stock is a rare sight as its trading up just over 4% in the 2022 bear market.
CarMax Releases 2022 Responsibility Report
Analysts Set CarMax, Inc. (NYSE:KMX) PT at $126.89
CarMax, Inc. (NYSE:KMX) EVP Sells $324,552.96 in Stock
See More Headlines
Receive KMX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CarMax and its competitors with MarketBeat's FREE daily newsletter.

KMX Company Calendar

Last Earnings
6/24/2022
Today
8/08/2022
Next Earnings (Estimated)
9/29/2022
Fiscal Year End
2/28/2023

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
$126.89
High Stock Price Forecast
$165.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+26.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
3.76%

Debt

Sales & Book Value

Annual Sales
$31.90 billion
Cash Flow
$8.84 per share
Book Value
$32.38 per share

Miscellaneous

Free Float
156,540,000
Market Cap
$16.02 billion
Optionable
Optionable
Beta
1.39

Social Links















KMX Stock - Frequently Asked Questions

Should I buy or sell CarMax stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KMX shares.
View KMX analyst ratings
or view top-rated stocks.

What is CarMax's stock price forecast for 2022?

12 brokers have issued twelve-month target prices for CarMax's shares. Their KMX stock forecasts range from $105.00 to $165.00. On average, they predict the company's share price to reach $126.89 in the next year. This suggests a possible upside of 26.0% from the stock's current price.
View analysts price targets for KMX
or view top-rated stocks among Wall Street analysts.

How has CarMax's stock performed in 2022?

CarMax's stock was trading at $130.23 at the beginning of 2022. Since then, KMX shares have decreased by 22.7% and is now trading at $100.68.
View the best growth stocks for 2022 here
.

When is CarMax's next earnings date?

CarMax is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022.
View our KMX earnings forecast
.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its earnings results on Friday, June, 24th. The company reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.05. The firm had revenue of $9.31 billion for the quarter, compared to analysts' expectations of $9.38 billion. CarMax had a trailing twelve-month return on equity of 18.40% and a net margin of 2.88%. During the same quarter last year, the company earned $2.63 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 many different institutional and retail investors. Top institutional investors include Cooke & Bieler LP (1.07%), Brown Advisory Inc. (0.99%), Welch & Forbes LLC (0.64%), Fenimore Asset Management Inc. (0.55%), Kovitz Investment Group Partners LLC (0.53%) and DAVENPORT & Co LLC (0.50%). 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 $100.68.

How much money does CarMax make?

CarMax (NYSE:KMX) has a market capitalization of $16.02 billion and generates $31.90 billion in revenue each year. The company earns $1.15 billion in net income (profit) each year or $5.89 on an earnings per share basis.

How many employees does CarMax have?

CarMax 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

When was CarMax founded?

CarMax was founded in 1993.

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 8/8/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.