CarMax, Inc. (KMX)
| Market Cap | 11.44B |
| Revenue (ttm) | 25.96B |
| Net Income (ttm) | 403.35M |
| Shares Out | 156.08M |
| EPS (ttm) | 2.56 |
| PE Ratio | 28.63 |
| Forward PE | 20.93 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,401,844 |
| Open | 71.29 |
| Previous Close | 71.21 |
| Day's Range | 70.75 - 73.33 |
| 52-Week Range | 59.66 - 88.22 |
| Beta | 1.70 |
| Analysts | Buy |
| Price Target | 75.50 (+3.03%) |
| Earnings Date | Jun 21, 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]
Financial Performance
In 2023, CarMax's revenue was $26.54 billion, a decrease of -10.61% compared to the previous year's $29.68 billion. Earnings were $479.20 million, a decrease of -1.15%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for KMX stock is "Buy." The 12-month stock price forecast is $75.5, which is an increase of 3.03% from the latest price.
News
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 ...
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.
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.
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.
CarMax Revenue Misses Estimates but Stock Rises on Earnings Beat
Retail used unit sales fall 3.1% from the prior year.
CarMax's profit beat offsets revenue miss, as stock rises
CarMax Inc.'s stock KMX, -0.20% was up 2% in premarket trading on Friday after the used-car seller's first-quarter profit was stronger-than-expected, while its sales missed estimates. CarMax's net inc...
Used car retailer CarMax's first-quarter profit falls
CarMax reported an about 33% dip in its first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.
CarMax Reports First Quarter Fiscal Year 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2024. First Quarter Highlights: Retail used unit sales decreased 3.1% and comparable ...
CarMax Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
CarMax, Inc. KMX will release earnings results for its first quarter, before the opening bell on Friday.
CarMax (KMX) Getting Crushed by Carvana (CVNA) & AutoNation (AN)
CarMax (KMX) reports earnings tomorrow morning. LikeFolio's Landon Swan discusses what to watch when CarMax reports.
Calls of the Day: Corning, Accenture and Carmax
The Investment Committee discuss the latest Calls of the Day.
CarMax Announces First Quarter Conference Call and Annual Meeting Information
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the first quarter ended May 31, 2024 before the market opens on June 21, 2024, and it will host a conferen...
CarMax Releases 2024 Responsibility Report
Report Cites Company's Ongoing Commitment to Sustainability and Making a Positive Societal Impact Report Cites Company's Ongoing Commitment to Sustainability and Making a Positive Societal Impact
CarMax Unveils Latest Trends in Used EV Shopping
Richmond, VA, April 22, 2024 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has released its latest findings on consumer trends in used electric vehicle (EV)...
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars.
Three Stock Lunch: CarMax, Constellation Brands, and Zions Bancorp
David Trainer, New Constructs CEO, joins 'Power Lunch' to give Trainer's investing take on three stocks: CarMax, Constellation Brands, and Zions Bancorp.
CarMax Stock Sinks as 'Vehicle Affordability Challenges' Hurt Demand
CarMax (KMX) shares plunged Thursday after the biggest U.S. used-car retailer posted weaker-than-expected quarterly results amid slowing demand.
KMX Tumbles After Earnings & TSLA Cybertruck Ramp-up Has Been Slow
CarMax (KMX) tumbles after a double miss on earnings. Garrett Nelson discusses this as CFRA cuts CarMax's price target from $75 to $70 and maintains a hold rating.
CarMax Gets Slammed by High Rates, Tight Used-Car Supply
Used cars are getting harder to obtain just as new cars get more affordable.
Should you buy CarMax stock on the post-earnings dip?
CarMax Inc down close to 10% after reporting its earnings for the fourth quarter may be an opportunity to buy, says a Wedbush Securities analyst. $KMX down as Q4 results miss Street estimates The used...
‘Playing defense.' Three stocks this adviser is counting on to ride out uncertain economic times.
“It's been very much a short-term market and everyone seems to be running to one side of the boat all at once, and then back over in the next week and the narrative has been shifting pretty dramatical...
CarMax Stock Slumps on More Than Just an Earnings Miss
CarMax pushes out its goal to sell more than two million units annually.
CarMax stock drops after it misses analyst estimates for net income and revenue
CarMax Inc.'s stock KMX, -4.90% fell 6.7% in premarket trades on Thursday after the car retailer missed analyst estimates for fourth-quarter net income and revenue. CarMax said its seeing “uncertainty...
CarMax's fourth-quarter profit falls nearly 27%
Pre-owned vehicle retailer CarMax posted a nearly 27% drop in fourth-quarter profit on Thursday, hurt by decreased profitability from units sold.
CarMax Reports Fourth Quarter and Fiscal Year 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 29, 2024. Fourth Quarter Highlights: Net revenues were $5.6 billion...