NYSE:KMX - CarMax Stock Price, Forecast & News

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

CarMax, Inc (NYSE:KMX) announced its earnings results on Friday, December, 20th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.16 by $0.12. The business had revenue of $4.79 billion for the quarter, compared to analyst estimates of $4.62 billion. CarMax had a net margin of 4.40% and a return on equity of 24.53%. The company's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share. View CarMax's Earnings History.

CarMax is scheduled to release their next quarterly earnings announcement on Friday, April 3rd 2020. View Earnings Estimates for CarMax.

12 Wall Street analysts have issued twelve-month price objectives for CarMax's stock. Their forecasts range from $86.50 to $118.00. On average, they expect CarMax's share price to reach $104.38 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for CarMax.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CarMax.

News headlines about KMX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media 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 -5 to 5, with scores closest to five being the most favorable. CarMax earned a news impact score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for CarMax.

CarMax saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 16,350,000 shares, a decrease of 5.9% from the December 15th total of 17,370,000 shares. Based on an average daily volume of 1,220,000 shares, the days-to-cover ratio is currently 13.4 days. Currently, 10.1% of the shares of the company are sold short. View CarMax's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other CarMax investors own include NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Walt Disney (DIS), Boeing (BA), Starbucks (SBUX), Tesla (TSLA), Micron Technology (MU), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

CarMax's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Welch & Forbes LLC (0.63%), Fenimore Asset Management Inc. (0.62%), Marathon Asset Management LLP (0.53%), Douglass Winthrop Advisors LLC (0.44%), Howland Capital Management LLC (0.21%) and Wedge Capital Management L L P NC (0.20%). 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, Thomas J Folliard, Thomas W Reedy Jr, William C Jr Wood 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 DNB Asset Management AS, Marathon Asset Management LLP, Wedge Capital Management L L P NC, Douglass Winthrop Advisors LLC, Sib LLC, Welch & Forbes LLC, Nisa Investment Advisors LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. 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, Peter J Bensen, Thomas J Folliard, Thomas W Reedy Jr and William D Nash. View Insider Buying and Selling for CarMax.

KMX stock was bought by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Sciencast Management LP, Advisors Preferred LLC, AE Wealth Management LLC, Nachman Norwood & Parrott Inc, Wealthfront Advisers LLC, Strs Ohio and Beacon Financial Advisory LLC. View Insider Buying and Selling 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 $96.73.

CarMax has a market capitalization of $15.80 billion and generates $18.17 billion in revenue each year. The company earns $842.41 million in net income (profit) each year or $4.79 on an earnings per share basis. CarMax employs 25,946 workers across the globe.View Additional Information About CarMax.

The official website for CarMax is http://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]