NYSE:KMXCarMax Stock Price, Forecast & News

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 31.6% and is now trading at $100.28.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 1 hold rating, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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CarMax is scheduled to release its next quarterly earnings announcement on Tuesday, September 22nd 2020.
View our earnings forecast for CarMax.

CarMax, Inc (NYSE:KMX) posted its quarterly earnings data on Friday, June, 19th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.06) by $0.09. The company earned $2.79 billion during the quarter, compared to analyst estimates of $2.66 billion. CarMax had a return on equity of 18.00% and a net margin of 3.45%. The business's quarterly revenue was down 48.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 EPS.
View CarMax's earnings history.

13 equities research analysts have issued 12-month price objectives for CarMax's stock. Their forecasts range from $75.00 to $116.00. On average, they expect CarMax's share price to reach $99.09 in the next year. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for CarMax.

Press coverage about KMX stock has been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CarMax earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about CarMax.

CarMax saw a drop in short interest in June. As of June 30th, there was short interest totaling 14,400,000 shares, a drop of 5.3% from the June 15th total of 15,210,000 shares. Based on an average daily trading volume, of 2,170,000 shares, the short-interest ratio is currently 6.6 days. Currently, 8.9% of the company's shares are sold short.
View CarMax's Short Interest.

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), Monro (MNRO), Sonic Automotive (SAH), Group 1 Automotive (GPI), PROSPECT CAPITAL 6.25 NTS (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), Walt Disney (DIS), Intel (INTC), Netflix (NFLX), QUALCOMM (QCOM), Micron Technology (MU), Starbucks (SBUX), Tesla (TSLA), Alibaba Group (BABA) and 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 Principal Financial Group Inc. (6.20%), DAVENPORT & Co LLC (0.74%), Giverny Capital Inc. (0.65%), Welch & Forbes LLC (0.63%), Marathon Asset Management LLP (0.62%) and Fenimore Asset Management Inc. (0.61%). 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 Douglass Winthrop Advisors LLC, DAVENPORT & Co LLC, Sumitomo Mitsui Trust Holdings Inc., Chilton Investment Co. LLC, Cannell Peter B & Co. Inc., Thornburg Investment Management Inc., Deroy & Devereaux Private Investment Counsel Inc., and Capco Asset Management LLC. Company insiders that have sold CarMax company stock in the last year 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, Ronald E Blaylock, Thomas J Folliard, and Thomas W Reedy Jr.
View insider buying and selling activity for CarMax.

KMX stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Strs Ohio, Trexquant Investment LP, Timucuan Asset Management Inc. FL, Marathon Asset Management LLP, OLD National Bancorp IN, Sciencast Management LP, and Summitry LLC.
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 $100.28.

CarMax has a market capitalization of $16.35 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.

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]