NYSE:KMXCarMax Stock Price, Forecast & News

$89.74

+0.53 (+0.59 %)

(As of 05/28/2020 11:17 AM ET)

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Today's Range

$88.00

Now: $89.74▼

$90.73

50-Day Range

$54.45

MA: $71.56▼

$85.22

52-Week Range

$37.59

Now: $89.74▼

$103.18

Volume447,812 shs

Average Volume1.49 million shs

Market Capitalization$14.59 billion

P/E Ratio16.77

Dividend YieldN/A

Beta1.67

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in 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; vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and extended protection plans to customers at the time of sale. 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, 2019, the company operated approximately 203 stores in 100 the United States television markets. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
CarMax has received a consensus rating of Buy. The company's average rating score is 2.93, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $89.19, CarMax has a potential downside of 0.2% from its current price of $89.36.
Amount of Analyst Coverage
CarMax has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
CarMax has received 617 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CarMax has received 594 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CarMax has received 50.95% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CarMax and other stocks. Vote “Outperform” if you believe KMX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KMX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CarMax does not currently pay a dividend.
Dividend Growth
CarMax does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CarMax insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,060.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.09% of the stock of CarMax is held by insiders.
Percentage Held by Institutions
99.83% of the stock of CarMax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for CarMax are expected to grow by 91.04% in the coming year, from $2.68 to $5.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CarMax is 16.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.88.
Price to Earnings Ratio vs. Sector
The P/E ratio of CarMax is 16.77, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.24.
Price to Earnings Growth Ratio
CarMax has a PEG Ratio of 2.77. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CarMax has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.29 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Automotive dealers & gasoline service stations

Sub-IndustryAutomotive Retail

SectorRetail/Wholesale

Current SymbolNYSE:KMX

Previous Symbol

CUSIP14313010

CIK1170010

Webwww.carmax.com

Phone804-747-0422

Debt

Debt-to-Equity Ratio4.08

Current Ratio2.39

Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio16.77

Forward P/E Ratio33.49

P/E Growth2.77

Sales & Book Value

Annual Sales$20.32 billion

Price / Sales0.72

Cash Flow$7.12 per share

Price / Cash Flow12.61

Book Value$23.07 per share

Price / Book3.89

Profitability

EPS (Most Recent Fiscal Year)$5.33

Net Income$888.43 million

Net Margins4.37%

Return on Equity24.46%

Return on Assets4.36%

Miscellaneous

Employees27,050

Outstanding Shares162,590,000

Market Cap$14.59 billion

Next Earnings Date6/19/2020 (Estimated)

OptionableOptionable

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CarMax (NYSE:KMX) Frequently Asked Questions

How has CarMax's stock been impacted by COVID-19 (Coronavirus)?

CarMax's stock was trading at $76.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KMX shares have increased by 17.3% and is now trading at $89.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CarMax?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CarMax.

When is CarMax's next earnings date?

CarMax is scheduled to release its next quarterly earnings announcement on Friday, June 19th 2020. View our earnings forecast for CarMax.

How were CarMax's earnings last quarter?

CarMax, Inc (NYSE:KMX) announced its quarterly earnings results on Thursday, April, 2nd. The company reported $1.30 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.13 by $0.17. The business had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.61 billion. CarMax had a net margin of 4.37% and a return on equity of 24.46%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.13 earnings per share. View CarMax's earnings history.

What price target have analysts set for KMX?

14 brokerages have issued 1 year price targets for CarMax's stock. Their forecasts range from $58.00 to $112.00. On average, they anticipate CarMax's stock price to reach $89.19 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View analysts' price targets for CarMax.

Has CarMax been receiving favorable news coverage?

Media headlines about KMX stock have trended somewhat negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CarMax earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCarMax.

Are investors shorting CarMax?

CarMax saw a increase in short interest in April. As of April 30th, there was short interest totaling 16,400,000 shares, an increase of 14.0% from the April 15th total of 14,380,000 shares. Based on an average trading volume of 2,090,000 shares, the days-to-cover ratio is currently 7.8 days. Approximately 10.1% of the company's stock are short sold. View CarMax's Current Options Chain.

Who are some of CarMax's key competitors?

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), PROSPECT CAPITAL 6.25 NTS (PBY), Group 1 Automotive (GPI), Sonic Automotive (SAH) and America's Car-Mart (CRMT). View all competitors.

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), Walt Disney (DIS), Intel (INTC), Netflix (NFLX), QUALCOMM (QCOM), Micron Technology (MU), Starbucks (SBUX), Tesla (TSLA), Alibaba Group (BABA) and Home Depot (HD).

Who are CarMax's key executives?

CarMax's management team includes the following people:

Mr. William D. Nash, Pres, CEO & Director (Age 50)
Mr. Thomas W. Reedy, Exec. VP & CFO (Age 55)
Mr. Edwin J. Hill, Exec. VP & COO (Age 59)
Mr. Eric M. Margolin, Exec. VP, Gen. Counsel & Corp. Sec. (Age 65)
Mr. William C. Wood Jr., Consultant (Age 52)

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.60%), Primecap Management Co. CA (6.29%), Principal Financial Group Inc. (5.23%), Akre Capital Management LLC (5.04%), State Street Corp (4.24%) and Janus Henderson Group PLC (3.06%). 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, Shira Goodman, Thomas J Folliard, Thomas W Reedy Jr, William C Jr Wood and William D Nash. View institutional ownership trends for CarMax.

Which institutional investors are selling CarMax stock?

KMX stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Primecap Management Co. CA, UBS Group AG, The Manufacturers Life Insurance Company , Baillie Gifford & Co., Russell Investments Group Ltd., Parametric Portfolio Associates LLC, and Columbus Circle Investors. 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, Thomas W Reedy Jr, and William D Nash. View insider buying and selling activity for CarMax.

Which institutional investors are buying CarMax stock?

KMX stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Akre Capital Management LLC, Principal Financial Group Inc., Timucuan Asset Management Inc. FL, Sumitomo Mitsui Trust Holdings Inc., Chilton Investment Co. LLC, London Co. of Virginia, and Summitry LLC. View insider buying and selling activity for CarMax.

How do I buy shares of 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.

What is CarMax's stock price today?

One share of KMX stock can currently be purchased for approximately $89.36.

How big of a company is CarMax?

CarMax has a market capitalization of $14.53 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 27,050 workers across the globe.

What is CarMax's official website?

The official website for CarMax is www.carmax.com.

How can I contact CarMax?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff