CarMax Stock Forecast, Price & News

CarMax's stock was trading at $76.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KMX shares have increased by 25.1% and is now trading at $95.37.
View which stocks have been most impacted by COVID-19.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CarMax.

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CarMax is scheduled to release its next quarterly earnings announcement on Friday, December 18th 2020.
View our earnings forecast for CarMax.

CarMax, Inc. (NYSE:KMX) announced its earnings results on Thursday, September, 24th. The company reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.84. The business earned $5.37 billion during the quarter, compared to analyst estimates of $5.08 billion. CarMax had a return on equity of 19.23% and a net margin of 3.76%. The business's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.40 earnings per share.
View CarMax's earnings history.

18 equities research analysts have issued 12-month price objectives for CarMax's stock. Their forecasts range from $73.00 to $130.00. On average, they expect CarMax's share price to reach $102.88 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price.
View analysts' price targets for CarMax.

Some companies that are related to CarMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Sonic Automotive (SAH), Monro (MNRO), Prospect Capital (PBY) and America's Car-Mart (CRMT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Intel (INTC), The Walt Disney (DIS), Advanced Micro Devices (AMD), Tesla (TSLA), QUALCOMM (QCOM), Netflix (NFLX), Cisco Systems (CSCO), Micron Technology (MU) and The Home Depot (HD).

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

CarMax's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.46%), Principal Financial Group Inc. (5.90%), State Street Corp (4.16%), JPMorgan Chase & Co. (1.91%), Nuveen Asset Management LLC (1.67%) and Caledonia Private Investments Pty Ltd (1.23%). Company insiders that own CarMax stock include Charles Joseph Wilson, Darren C Newberry, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Peter J Bensen, Ronald E Blaylock, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr 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 Principal Financial Group Inc., Candlestick Capital Management LP, Kornitzer Capital Management Inc. KS, Kovitz Investment Group Partners LLC, Chilton Investment Co. LLC, Nuveen Asset Management LLC, LFL Advisers LLC, and Wells Fargo & Company MN. Company insiders that have sold CarMax company stock in the last year include Charles Joseph Wilson, Diane L Cafritz, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, Jill A Livesay, Jon G Daniels, Ronald E Blaylock, Thomas J Folliard, and Thomas W Reedy Jr.
View insider buying and selling activity for CarMax.

KMX stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Victory Capital Management Inc., Cubist Systematic Strategies LLC, First Trust Advisors LP, BlackRock Inc., Rheos Capital Works Inc., Carlson Capital L P, and Shellback Capital LP.
View insider buying and selling activity 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 $95.37.

CarMax has a market capitalization of $15.65 billion and generates $20.32 billion in revenue each year. The company earns $888.43 million in net income (profit) each year or $5.33 on an earnings per share basis. CarMax employs 25,000 workers across the globe.

The official website for CarMax is 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]