CarMax, Inc. (KMX)
| Market Cap | 12.14B |
| Revenue (ttm) | 27.80B |
| Net Income (ttm) | 460.96M |
| Shares Out | 153.80M |
| EPS (ttm) | 2.93 |
| PE Ratio | 26.91 |
| Forward PE | 20.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,240,299 |
| Open | 80.29 |
| Previous Close | 79.65 |
| Day's Range | 78.71 - 80.29 |
| 52-Week Range | 65.83 - 91.25 |
| Beta | 1.71 |
| Analysts | Buy |
| Price Target | 85.33 (+8.1%) |
| 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]
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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for KMX stock is "Buy." The 12-month stock price forecast is $85.33, which is an increase of 8.10% from the latest price.
News
CarMax: Q3, Earnings Momentum Is Starting To Return
CarMax's fiscal Q3 showed good unit sales trends and resilient gross profit, already pushing great earnings momentum in the previously slow industry. Unit sales trends are also seen to have improved t...
Stocks on the Move: Uber, Carmax, Novo Nordisk, Eli Lilly, Merck, Crown Castle and Accenture
The CNBC 'Halftime Report' Investment Committee discusses today's market movers.
CarMax: Credit Risks Remain Despite Solid Q3 Results
CarMax shares have gained 10% over the past year but are now overvalued at 23x earnings, justifying a "sell" rating. Despite stable gross margins and disciplined spending, potential credit losses and ...
CarMax Delivers Despite Lower Car Prices, Lock In Gains
CarMax, Inc.'s fiscal Q2 2025 revenues increased slightly, with a $170 million beat versus consensus, driven by higher volumes despite lower pricing. Comparable store used unit sales rose 4.3%, and to...
CarMax Leverages Omnichannel Strategy to Drive Customer Experience
While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, company officials attributed this gro...
CarMax, Inc. (KMX) Q3 2025 Earnings Call Transcript
CarMax, Inc. (NYSE:KMX) Q3 2025 Earnings Conference Call December 19, 2024 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Ch...
CarMax Stock Surges as Lower Prices Boost Sales at Used Car Giant
CarMax (KMX) shares jumped Thursday when the biggest U.S. used car retailer reported its first quarterly sales increase in two years as lower prices brought out buyers.
Used-car retailer CarMax posts first quarterly sales rise in over two years, shares jump
CarMax on Thursday reported its first quarterly sales increase in more than two years, in an early sign that the used car market was rebounding from months of slump, sending the retailer's shares up m...
CarMax sold more used cars than expected as prices fell by about $1,100 each
CarMax's stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.
CarMax Stock Gains on Earnings Beat. CEO Points to ‘More Stable Environment.
The used-car retailer easily beats quarterly estimates for earnings and sales.
CarMax Reports Third Quarter Fiscal Year 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2024. Third Quarter Highlights:(1) Retail used unit sales increased 5.4% and com...
CarMax Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
CarMax, Inc. KMX will release its third-quarter financial results, before the opening bell, on Thursday, Dec. 19.
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investin...
Amazon Is Selling Cars. Why It Isn't Much of a Threat to Carvana, CarMax Yet.
The e-commerce giant's auto business is operating in 48 cities. Hyundai Motor is its exclusive partner for the launch.
GOLDEN STATE VALKYRIES ANNOUNCE CARMAX AS FOUNDING PARTNER
CarMax To Be The Official Used Car Retailer of the Golden State Valkyries CarMax To Be The Official Used Car Retailer of the Golden State Valkyries
CarMax Announces Third Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the third quarter ended November 30, 2024 before the market opens on December 19, 2024, and it will host a...
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
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...
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...
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.
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...
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.
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.
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.
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.