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NYSE:KMX

CarMax (KMX) Stock Price, News & Analysis

$70.26
+0.61 (+0.88%)
(As of 05/31/2024 ET)
Today's Range
$69.30
$70.84
50-Day Range
$67.21
$87.11
52-Week Range
$59.66
$88.22
Volume
2.27 million shs
Average Volume
1.58 million shs
Market Capitalization
$11.06 billion
P/E Ratio
23.19
Dividend Yield
N/A
Price Target
$77.42

CarMax MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
10.2% Upside
$77.42 Price Target
Short Interest
Bearish
12.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.21
Upright™ Environmental Score
News Sentiment
0.82mentions of CarMax in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
20.19%
From $3.12 to $3.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Retail/Wholesale Sector

72nd out of 201 stocks

Automotive Dealers & Gasoline Service Stations Industry

4th out of 19 stocks

KMX stock logo

About CarMax Stock (NYSE:KMX)

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

KMX Stock Price History

KMX Stock News Headlines

3 Automotive Parts Makers Growing at Double-Digit Rates (KMX)
With the automotive industry looking to make a comeback this year, three OEM stocks lead the way to deliver double-digit EPS growth and upside.
CarMax Releases 2024 Responsibility Report
How to Invest in CarMax
Analyst Scoreboard: 16 Ratings For CarMax
What Makes CarMax (KMX) a Lucrative Investment?
CarMax, Inc. (KMX)
CarMax Unveils Latest Trends in Used EV Shopping
RBC Capital Keeps Their Buy Rating on CarMax (KMX)
Why CarMax Stock Dropped 11.7% This Week
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
6/01/2024
Next Earnings (Confirmed)
6/21/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Automotive Retail
CUSIP
14313010
Employees
29,836
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$77.42
High Stock Price Target
$105.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+10.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$479.20 million
Pretax Margin
2.42%

Debt

Sales & Book Value

Annual Sales
$26.54 billion
Cash Flow
$4.72 per share
Book Value
$38.47 per share

Miscellaneous

Free Float
154,775,000
Market Cap
$11.06 billion
Optionable
Optionable
Beta
1.64

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KMX Stock Analysis - Frequently Asked Questions

Should I buy or sell CarMax stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CarMax in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

12 analysts have issued twelve-month price targets for CarMax's stock. Their KMX share price targets range from $50.00 to $105.00. On average, they predict the company's stock price to reach $77.42 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
View analysts price targets for KMX
or view top-rated stocks among Wall Street analysts.

How have KMX shares performed in 2024?

CarMax's stock was trading at $76.74 at the start of the year. Since then, KMX stock has decreased by 8.4% and is now trading at $70.26.
View the best growth stocks for 2024 here
.

Are investors shorting CarMax?

CarMax saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 19,690,000 shares, a decrease of 6.6% from the April 15th total of 21,090,000 shares. Based on an average trading volume of 2,050,000 shares, the short-interest ratio is presently 9.6 days. Approximately 12.6% of the company's stock are short sold.
View CarMax's Short Interest
.

When is CarMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 21st 2024.
View our KMX earnings forecast
.

How can I listen to CarMax's earnings call?

CarMax will be holding an earnings conference call on Friday, June 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2697.

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) announced its quarterly earnings results on Thursday, April, 11th. The company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.13. The business earned $5.63 billion during the quarter, compared to analysts' expectations of $5.76 billion. CarMax had a trailing twelve-month return on equity of 7.26% and a net margin of 1.81%. The company's quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share.
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).

Who are CarMax's major shareholders?

CarMax's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.46%), Principal Financial Group Inc. (6.11%), Janus Henderson Group PLC (2.92%), Capital Research Global Investors (1.77%), Akre Capital Management LLC (1.72%) and First Pacific Advisors LP (1.49%). Insiders that own company stock include Charles Joseph Wilson, Diane L Cafritz, Diane L Cafritz, Edwin J Hill, Edwin J Hill, Enrique N Mayor-Mora, Eric M Margolin, James Lyski, Jill A Livesay, Jon G Daniels, Mohammad Shamim, Ronald E Blaylock 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NYSE:KMX) was last updated on 6/1/2024 by MarketBeat.com Staff

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