CarMax, Inc. (KMX)

NYSE: KMX · Real-Time Price · USD
76.66
+1.36 (1.81%)
At close: Nov 20, 2024, 4:00 PM
75.50
-1.16 (-1.52%)
After-hours: Nov 20, 2024, 7:51 PM EST
1.81%
Market Cap 11.88B
Revenue (ttm) 27.68B
Net Income (ttm) 417.52M
Shares Out 154.92M
EPS (ttm) 2.65
PE Ratio 28.89
Forward PE 22.81
Dividend n/a
Ex-Dividend Date n/a
Volume 1,899,275
Open 74.87
Previous Close 75.30
Day's Range 74.63 - 76.72
52-Week Range 62.90 - 88.22
Beta 1.69
Analysts Buy
Price Target 79.18 (+3.29%)
Earnings Date Dec 19, 2024

About 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 seg... [Read more]

IPO Date Feb 4, 1997
Employees 29,836
Stock Exchange NYSE
Ticker Symbol KMX
Full Company Profile

Financial Performance

In 2023, CarMax's revenue was $28.21 billion, a decrease of -9.36% compared to the previous year's $31.13 billion. Earnings were $479.20 million, a decrease of -1.15%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for KMX stock is "Buy." The 12-month stock price forecast is $79.18, which is an increase of 3.29% from the latest price.

Price Target
$79.18
(3.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Calls of the Day: General Motors, GE Healthcare, Thermo Fisher, HealthEquity, Carmax and SharkNinja

The Investment Committee debate the latest Calls Of The Day and Jim Lebenthal responds to Sarat Sethi selling out of General Motors

Other symbols: GEHCGMHQYSNTMO
7 weeks ago - CNBC Television

CarMax: Still Overvalued Relative To Peers

CarMax lacks competitive advantages and has underperformed the market, with stagnant stock prices, while the S&P 500 gained 30% over the same period. CarMax's Q2 results showed mixed performance, with...

7 weeks ago - Seeking Alpha

CarMax Focuses on Seamless Customer Experience to Grow Loyalty

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation's largest used car dealer. Despite a 12.7% dec...

7 weeks ago - PYMNTS

CarMax Results Boosted by Improved Retail Unit Sales

CarMax (KMX) shares drove higher Thursday after the biggest U.S. used car retailer posted better-than-anticipated results on higher retail vehicle sales.

7 weeks ago - Investopedia

CarMax, Inc. (KMX) Q2 2025 Earnings Call Transcript

CarMax, Inc. (NYSE:KMX) Q2 2025 Earnings Conference Call September 26, 2024 9:00 AM ET Company Participants David Lowenstein - Vice President, Investor Relations Bill Nash - President and Chief Execu...

7 weeks ago - Seeking Alpha

Concentrix Reports Weak Earnings, Joins CarMax And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.

Other symbols: CNXC
7 weeks ago - Benzinga

CarMax misses quarterly profit estimates as average price per vehicle dips

Used car retailer CarMax missed Wall Street estimates for second-quarter profit on Thursday as price cuts on used vehicles boosted unit sales but kept margins depressed.

7 weeks ago - Reuters

CarMax Stock Falls After Sales Beat. Here's Why.

CarMax posts second-quarter sales of $7.01 billion, beating estimates of $6.83 billion but falling 0.9% from a year earlier.

2 months ago - Barrons

CarMax's stock slides 7% as auto loan-loss pressure offsets sales beat

The used-car retailer's fiscal second-quarter sales topped estimates — but it was not enough to offset pressure on its car-loan business.

2 months ago - Market Watch

CarMax Reports Second Quarter Fiscal Year 2025 Results

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the second quarter ended August 31, 2024. Second Quarter Highlights: Retail used unit sales increased 5.1% and compar...

2 months ago - Business Wire

CarMax Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

CarMax, Inc. KMX will release earnings results for its second quarter, before the opening bell on Thursday, Sept. 26.

2 months ago - Benzinga

CarMax Earns Spot on Fortune's Best Workplaces in Retail List for the Tenth Consecutive Year

RICHMOND, Virginia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- CarMax (NYSE: KMX) has been named to Fortune magazine's 2024 Fortune Best Workplaces in Retail™ list for the 10th consecutive year, ranking #6 in...

2 months ago - GlobeNewsWire

CarMax Announces Second Quarter Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the second quarter ended August 31, 2024 before the market opens on September 26, 2024, and it will host a...

2 months ago - Business Wire

RICHMOND FLYING SQUIRRELS AND CARMAX ANNOUNCE NEW BALLPARK AND ENTERTAINMENT VENUE AS CARMAX PARK

Richmond-based CarMax commits to exclusive naming rights partnership; Ceremonial groundbreaking scheduled for this Friday Richmond-based CarMax commits to exclusive naming rights partnership; Ceremoni...

2 months ago - GlobeNewsWire

6 Stocks That Look Like Buys for a Soft Landing

Albemarle, Hasbro, Citigroup, Goldman Sachs, Dow Inc., and Albemarle are stocks 22V Research sees as benefiting from falling rates, and a strengthening economy.

Other symbols: ALBCDOWGSHAS
3 months ago - Barrons

CarMax Shows the Way Car Buying Shouldn't Be in “Beetlejuice Beetlejuice” Universe

The new “BeetleMax” campaign reminds us to appreciate the way things should be The new “BeetleMax” campaign reminds us to appreciate the way things should be

3 months ago - GlobeNewsWire

Shamim Mohammad, CarMax Chief Information and Technology Officer, Named to CIO Hall of Fame

Recognized for career accomplishments, including CarMax's innovation and digital transformation efforts Recognized for career accomplishments, including CarMax's innovation and digital transformation ...

3 months ago - GlobeNewsWire

Active 2024 hurricane season helps Home Depot, Lowe's but hurts CarMax: analyst

An active 2024 hurricane season will likely help sales at Home Depot Inc., Lowe's Cos., Floor & Decor Holdings Inc, and Tractor Supply Co. but hurt used car seller CarMax Inc., analysts at Mizuho said...

Other symbols: HDLOW
4 months ago - Market Watch

Carmax Q1 earnings: ‘AutoNation and Carvana are crushing them'

Carmax Inc (NYSE: KMX) is being crushed by the likes of AutoNation Inc and Carvana Co, says Landon Swan – the cofounder of LikeFolio.  Shares of the used vehicle retailer have lost about 20% over the ...

5 months ago - Invezz

CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues to grow.

5 months ago - PYMNTS

CarMax: Accelerating Repurchases And Laser Focused On Margins Per Unit

CarMax, Inc.'s Q1 2025 revenues fall year-over-year, but beat consensus estimates. CarMax's Q1 2025 earnings show a decline in comparable sales and margins, but surpass consensus expectations. CarMax'...

5 months ago - Seeking Alpha

Gold Down 1%; CarMax Shares Gain After Q1 Earnings

U.S. stocks traded mixed midway through trading, with the Dow Jones index edging higher on Friday.

5 months ago - Benzinga

CarMax (KMX) vs Carvana (CVNA) in the Used Car Space

What's going on in the used car market? Garrett Nelson discusses CarMax (KMX) versus Carvana (CVNA) in the used car space.

Other symbols: CVNA
5 months ago - Schwab Network

CarMax, Inc. (KMX) Q1 2025 Earnings Call Transcript

CarMax, Inc. (NYSE:KMX) Q1 2025 Earnings Conference Call June 21, 2024 9:00 AM ET Company Participants David Lowenstein - VP, IR Bill Nash - President and CEO Enrique Mayor-Mora - EVP and CFO Jon Dan...

5 months ago - Seeking Alpha

CarMax Revenue Misses Estimates but Stock Rises on Earnings Beat

Retail used unit sales fall 3.1% from the prior year.

5 months ago - Barrons