CarMax (KMX) Stock Price, News & Analysis

+0.26 (+0.36%)
(As of 11:46 AM ET)
Today's Range
50-Day Range
52-Week Range
202,399 shs
Average Volume
2.00 million shs
Market Capitalization
$11.50 billion
P/E Ratio
Dividend Yield
Price Target

CarMax MarketRank™ Stock Analysis

Analyst Rating
2.25 Rating Score
6.7% Upside
$77.42 Price Target
Short Interest
12.57% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.90mentions of CarMax in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$1.07 M Sold Last Quarter
Proj. Earnings Growth
From $3.18 to $3.82 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.

3.54 out of 5 stars

Retail/Wholesale Sector

82nd out of 197 stocks

Automotive Dealers & Gasoline Service Stations Industry

6th out of 17 stocks

KMX stock logo

About CarMax Stock (NYSE:KMX)

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It 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. 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: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. NYSE: KMX is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling experience for customers. CarMax built its reputation on its no-haggle listed price policy.
CarMax: Is There a Silver Lining to the Earnings Car Wreck?
CarMax Inc. (NYSE: CMX) is a nationwide used car dealership focused on providing a haggle-free, streamlined and convenient vehicle buying and selling
CarMax Releases 2024 Responsibility Report
CarMax (NYSE:KMX) Stock Rating Reaffirmed by Wedbush
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
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Automotive dealers & gasoline service stations
Automotive Retail
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
12 Analysts


Net Income
$479.20 million
Pretax Margin


Sales & Book Value

Annual Sales
$26.54 billion
Cash Flow
$4.66 per share
Book Value
$38.47 per share


Free Float
Market Cap
$11.41 billion

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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 Wall Street analysts have issued 12-month price objectives for CarMax's shares. Their KMX share price targets range from $50.00 to $105.00. On average, they anticipate the company's share price to reach $77.42 in the next year. This suggests a possible upside of 6.7% 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 beginning of the year. Since then, KMX shares have decreased by 5.5% and is now trading at $72.55.
View the best growth stocks for 2024 here

Are investors shorting CarMax?

CarMax saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 19,690,000 shares, a drop of 6.6% from the April 15th total of 21,090,000 shares. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is presently 9.6 days. Currently, 12.6% of the company's stock are sold short.
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 28th 2024.
View our KMX earnings forecast

How were CarMax's earnings last quarter?

CarMax, Inc. (NYSE:KMX) released its 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 had revenue of $5.63 billion for the quarter, compared to the consensus estimate of $5.76 billion. CarMax had a net margin of 1.81% and a trailing twelve-month return on equity of 7.26%. CarMax's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 EPS.
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 number of institutional and retail investors. Top institutional shareholders 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.
Read More
This page (NYSE:KMX) was last updated on 5/20/2024 by MarketBeat.com Staff

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