NYSE:KMX CarMax - KMX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CarMax, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $79.46 +0.14 (+0.18%) (As of 02/3/2023 11:32 AM ET) Add Compare Share Share Today's Range$77.67▼$79.7550-Day Range$57.20▼$79.3252-Week Range$52.10▼$114.43Volume607,613 shsAverage Volume2.77 million shsMarket Capitalization$12.56 billionP/E Ratio22.26Dividend YieldN/APrice Target$62.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CarMax MarketRank™ ForecastAnalyst RatingHold2.18 Rating ScoreUpside/Downside21.1% Downside$62.67 Price TargetShort InterestBearish13.87% of Float Sold ShortDividend StrengthN/ASustainability-2.21Upright™ Environmental ScoreNews Sentiment0.46Based on 9 Articles This WeekInsider TradingAcquiring Shares$501,256 Bought Last QuarterProj. Earnings Growth4.95%From $2.83 to $2.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.61 out of 5 starsRetail/Wholesale Sector172nd out of 213 stocksAutomotive Dealers & Gasoline Service Stations Industry18th out of 24 stocks 2.1 Analyst's Opinion Consensus RatingCarMax has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.67, CarMax has a forecasted downside of 21.1% from its current price of $79.46.Amount of Analyst CoverageCarMax has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted13.87% of the float of CarMax has been sold short.Short Interest Ratio / Days to CoverCarMax has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in CarMax has recently increased by 4.35%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCarMax does not currently pay a dividend.Dividend GrowthCarMax does not have a long track record of dividend growth. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarMax has received a -27.67% net impact score from Upright. The largest negative impact of CarMax in category "GHG emissions" seems to be driven mostly by its "Truck repair", "Online retail of cars", and "Physical retail of used cars at a car dealer" products. See details.Environmental SustainabilityThe Environmental Impact score for CarMax is -2.21. Previous Next 1.9 News and Social Media Coverage News SentimentCarMax has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 9 news articles for CarMax this week, compared to 7 articles on an average week.Search InterestOnly 17 people have searched for KMX on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added CarMax to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CarMax insiders have bought more of their company's stock than they have sold. Specifically, they have bought $501,256.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.65% of the stock of CarMax is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CarMax are expected to grow by 4.95% in the coming year, from $2.83 to $2.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CarMax is 22.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.07.Price to Earnings Ratio vs. SectorThe P/E ratio of CarMax is 22.26, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.78.Price to Earnings Growth RatioCarMax has a PEG Ratio of 10.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCarMax has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CarMax (NYSE:KMX) StockCarMax, 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.Read More 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. Email Address KMX Stock News HeadlinesJanuary 31, 2023 | marketbeat.comCarvana Is Up 39.28% In One Week: Is It The Newest Meme Stock? (KMX)Carvana more than doubled in the past month, with a one-week gain of 39.28%. The move has the makings of a short squeeze, with echoes of the meme-stock frenzy.January 19, 2023 | marketbeat.comDoes a Price Cut for Tesla Vehicles Mean the Same for TSLA Stock? (KMX)Tesla announced price cuts on popular models in order to boost sales, after several earnings misses. Hopefull this can build momentum to restore stock valueFebruary 3, 2023 | Investing Trends (Ad)The Humble Mineral at the Heart of the EV Revolution (Not Lithium)You may know of graphite as what's in the tip of a No. 2 pencil, but it is the key to many forms of renewable energy. Today, this humble mineral is at the epicenter of the electric car revolution. Because what most people don't know is today's EV batteries contain more than 220 pounds of graphite – more than lithium, copper or aluminum!February 3, 2023 | americanbankingnews.comInvestors Purchase Large Volume of Put Options on CarMax (NYSE:KMX)January 31, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine CarMax, Inc. (NYSE:KMX)?January 30, 2023 | finance.yahoo.comShould You Retain Your Position in CarMax (KMX)?January 27, 2023 | finance.yahoo.comCarvana Is Down 95% From Its High. Time to Buy?January 24, 2023 | finance.yahoo.comCarMax Partners With UVeye For AI-Enhanced Condition Reports On Wholesale VehiclesFebruary 3, 2023 | Investing Trends (Ad)The Humble Mineral at the Heart of the EV Revolution (Not Lithium)You may know of graphite as what's in the tip of a No. 2 pencil, but it is the key to many forms of renewable energy. Today, this humble mineral is at the epicenter of the electric car revolution. Because what most people don't know is today's EV batteries contain more than 220 pounds of graphite – more than lithium, copper or aluminum!January 24, 2023 | finance.yahoo.comCarMax Partners with AI Technology Company UVeye on Vehicle Assessment Technology for Wholesale VehiclesJanuary 24, 2023 | americanbankingnews.comBrokers Set Expectations for CarMax, Inc.'s Q1 2024 Earnings (NYSE:KMX)January 17, 2023 | finance.yahoo.comCarMax Launches New Online Pre-Qualification Capability Where Customers Can Shop Cars Nationwide with Personalized Financing TermsJanuary 16, 2023 | finance.yahoo.comWeak Results Dragged CarMax (KMX) Stock in Q4January 11, 2023 | investorplace.comKMX Stock Alert: What to Know as JPMorgan Downgrades CarMaxJanuary 11, 2023 | finance.yahoo.comUsed Car Prices Set Record Decline In December; CarMax DowngradedJanuary 11, 2023 | finance.yahoo.comThese Stocks Are Moving the Most Today: Rivian, WWE, CarMax, Conn’s, and MoreJanuary 9, 2023 | finance.yahoo.comFinding Where Insiders Have the Conviction to BuyJanuary 9, 2023 | finance.yahoo.comUsed-Car Dealers’ Stocks Attract Buying From InsidersJanuary 9, 2023 | finance.yahoo.comWhy Shares of Ford Slumped in DecemberJanuary 6, 2023 | stocknews.com2 Stocks Investors Should Steer Clear of in the New YearJanuary 6, 2023 | finance.yahoo.comWhat the Smartest Investors Know About Carvana StockDecember 29, 2022 | finance.yahoo.comCarMax Analyst Remains Relatively Constructive Despite Headwinds Confronting Used Car MarketDecember 28, 2022 | finance.yahoo.com‘Nowhere to Hide’ for Carvana as Used-Car Prices Fall, Analyst SaysDecember 25, 2022 | finance.yahoo.comCarMax, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowDecember 23, 2022 | finance.yahoo.comWhy Carvana Stock Was Stuck at a red Light TodayDecember 23, 2022 | finance.yahoo.comCarMax Third Quarter 2023 Earnings: Misses ExpectationsDecember 23, 2022 | finance.yahoo.comCarMax (KMX) Q3 Earnings Miss on Lower-Than-Expected SalesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address KMX Company Calendar Last Earnings12/22/2022Today2/03/2023Fiscal Year End2/28/2023Next Earnings (Estimated)4/11/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryAutomotive Retail SectorRetail/Wholesale Current SymbolNYSE:KMX CUSIP14313010 CIK1170010 Webwww.carmax.com Phone(804) 747-0422Fax804-217-6819Employees32,647Year Founded1993Price Target and Rating Average Stock Price Forecast$62.67 High Stock Price Forecast$75.00 Low Stock Price Forecast$49.00 Forecasted Upside/Downside-21.1%Consensus RatingHold Rating Score (0-4)2.18 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.57 Trailing P/E Ratio22.26 Forward P/E Ratio28.08 P/E Growth10.26Net Income$1.15 billion Net Margins1.82% Pretax Margin2.39% Return on Equity10.69% Return on Assets2.19% Debt Debt-to-Equity Ratio3.21 Current Ratio2.57 Quick Ratio0.81 Sales & Book Value Annual Sales$31.90 billion Price / Sales0.39 Cash Flow$9.12 per share Price / Cash Flow8.71 Book Value$34.73 per share Price / Book2.29Miscellaneous Outstanding Shares158,020,000Free Float155,416,000Market Cap$12.56 billion OptionableOptionable Beta1.46 Social Links Key ExecutivesBill NashPresident, Chief Executive Officer & DirectorCharles Joseph WilsonChief Operating Officer & Executive Vice PresidentEnrique N. Mayor-MoraChief Financial Officer & Senior Vice PresidentShamim MohammadChief Technology & Information Officer, Senior VPDiane Long CafritzSVP, Chief Human Resources & Compliance OfficerKey CompetitorsPenske Automotive GroupNYSE:PAGLithia MotorsNYSE:LADAutoNationNYSE:ANAsbury Automotive GroupNYSE:ABGGroup 1 AutomotiveNYSE:GPIView All CompetitorsInsiders & InstitutionsNisa Investment Advisors LLCBought 361 shares on 2/2/2023Ownership: 0.053%Montag A & Associates Inc.Sold 10,567 shares on 2/2/2023Ownership: 0.014%ProShare Advisors LLCSold 197 shares on 2/2/2023Ownership: 0.012%Raymond James Trust N.A.Bought 6,587 shares on 2/2/2023Ownership: 0.004%TobamSold 515 shares on 2/2/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions KMX Stock - Frequently Asked Questions Should I buy or sell CarMax stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last twelve months. There are currently 2 sell ratings, 5 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? 11 analysts have issued 12-month price targets for CarMax's stock. Their KMX share price forecasts range from $49.00 to $75.00. On average, they predict the company's stock price to reach $62.67 in the next year. This suggests that the stock has a possible downside of 21.0%. 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 30.3% and is now trading at $79.32. View the best growth stocks for 2023 here. Are investors shorting CarMax? CarMax saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 20,910,000 shares, an increase of 13.1% from the December 15th total of 18,480,000 shares. Based on an average trading volume of 2,750,000 shares, the days-to-cover ratio is currently 7.6 days. Currently, 13.3% of the shares of the company are sold short. 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 were CarMax's earnings last quarter? CarMax, Inc. (NYSE:KMX) released its quarterly earnings results on Thursday, December, 22nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.58 by $0.34. The company earned $6.51 billion during the quarter, compared to analysts' expectations of $7.18 billion. CarMax had a net margin of 1.82% and a trailing twelve-month return on equity of 10.69%. The business's quarterly revenue was down 23.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.63 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 a number of retail and institutional investors. Top institutional shareholders include Kovitz Investment Group Partners LLC (0.68%), Welch & Forbes LLC (0.61%), Fenimore Asset Management Inc. (0.56%), DAVENPORT & Co LLC (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.29%) and Wedge Capital Management L L P NC (0.26%). 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 $79.32. How much money does CarMax make? CarMax (NYSE:KMX) has a market capitalization of $12.53 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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