CarMax, Inc. (KMX)
| Market Cap | 11.46B |
| Revenue (ttm) | 26.54B |
| Net Income (ttm) | 479.20M |
| Shares Out | 157.33M |
| EPS (ttm) | 3.02 |
| PE Ratio | 24.11 |
| Forward PE | 24.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,400 |
| Open | 73.04 |
| Previous Close | 72.82 |
| Day's Range | 72.83 - 73.26 |
| 52-Week Range | 59.66 - 88.22 |
| Beta | 1.64 |
| Analysts | Hold |
| Price Target | 76.58 (+5.16%) |
| 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 13 analysts, the average rating for KMX stock is "Hold." The 12-month stock price forecast is $76.58, which is an increase of 5.16% from the latest price.
News
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...
Digital Auto Sales Are Here to Stay. That's Good for CarMax and Carvana.
Analysts expect continued industry disruption from online car retailers.
CarMax Announces Fourth Quarter Conference Call
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter ended February 29, 2024 before the market opens on April 11, 2024, and it will host a c...
Gotham FC Announces CarMax as Jersey-Front and Marquee Partner
Announcement part of expanded partnership with CarMax to elevate women in sports Announcement part of expanded partnership with CarMax to elevate women in sports
CarMax Stock Jumps As Earnings Top Expectations, Company Restarts Stock Buyback Program
CarMax (KMX) shares took off after the biggest U.S. used car dealer beat profit forecasts as it sold more vehicles in the wholesale market. The company also reinstated its share repurchase program.
Midday Movers: CarMax Helps Drive the S&P 500 Higher
U.S. equities brushed off Wednesday's selloff and went back to their winning ways at midday on Thursday after several companies reported better-than-expected results. The Dow, S&P 500, and Nasdaq all ...
CarMax Stock Is Soaring. Buybacks Resumed, and Earnings Beat.
Used-car retailer CarMax resumed stock repurchases after pausing for a year. Third-quarter earnings topped views, but sales came in light.
CarMax's stock jumps after profit beat expectations, while sales fell short
Shares of CarMax Inc. KMX, -2.56% rallied 5.2% toward a three-month high in premarket trading Thursday, after the used car seller reported fiscal third-quarter profit that beat expectations, overshado...
CarMax Reports Third Quarter Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2023. Highlights: Net revenues were $6.1 billion, down 5.5% compared with the pr...
Earnings Exchange: Paychex, CarMax & Carnival
Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss Paychex, CarMax, and Carnival.
CarMax and Cintas report earnings before the bell Thursday—Here's what to expect
The “Halftime Report” Investment Committee share what they're watching in tomorrow's earnings calls.
CarMax Introduces its First All-Electric Semi-Truck into Logistics Fleet
Initiative part of company's commitment to reduce greenhouse gas emissions by 50% by 2025 and achieve net zero carbon emissions by 2050 Initiative part of company's commitment to reduce greenhouse gas...
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, 2023 before the market opens on December 21, 2023, and it will host a...
CarMax, Carvana Shares Tumble After Amazon Says It Will Sell Cars
Shares of online car sellers tumbled on Thursday after Amazon (AMZN) announced it will begin selling vehicles to U.S. customers starting in 2024.