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KMX Stock Chart & Stats
$62.64
$0.11(0.19%)
At close: 4:00 PM EDT
$62.64
$0.11(0.19%)
Day’s Range― - ―
52-Week Range$30.26 - $65.28
Previous CloseN/A
Volume2.46M
Average Volume (3M)1.66M
Market Cap
$8.56B
Enterprise Value$24.45K
Total Cash (Recent Filing)$132.22M
Total Debt (Recent Filing)$18.64B
Price to Earnings (P/E)37.6
Beta0.60
Next Earnings
Sep 29, 2026EPS Estimate
0.72Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.61
Shares Outstanding141,911,100
10 Day Avg. Volume1,262,712
30 Day Avg. Volume1,664,836
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)1.08
Price to Sales (P/S)0.25
P/FCF Ratio5.11
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$52.10Price Target Upside-16.83% Downside
Rating ConsensusHold
Number of Analyst Covering13
EPS Forecast (FY)2.71
Revenue Forecast (FY)$27.17B
Bulls Say, Bears Say
Bulls Say
Revenue And Unit GrowthHigher sales and vehicle volumes indicate improving customer demand and market reach in CarMax’s core used-vehicle business. Continued unit growth can support operating leverage, strengthen inventory economics, and provide a durable base for financing and protection-product revenue.
Cost EfficiencyDocumented SG&A reductions and a larger savings target create a measurable path to improve profitability despite a low-margin retail model. If execution continues, lower costs per vehicle should increase earnings resilience and help fund competitive pricing and digital investments.
CAF Penetration And MarginGreater use of CarMax Auto Finance increases monetization of each vehicle transaction and gives the company more control over a complementary profit stream. Rising penetration and NIM can diversify earnings beyond vehicle margins, provided credit performance remains controlled.
Bears Say
Retail Margin CompressionDeclining gross profit and profit per vehicle show that volume growth is currently being achieved with weaker economics. Persistent margin pressure would limit operating leverage, require stronger cost savings to offset lost contribution, and leave earnings more exposed to pricing competition.
Digital And Store FrictionOmni-channel execution is central to CarMax’s strategy, so unresolved handoff problems can reduce conversion and prevent the store network from reaching its full productivity. Fixing these process gaps may require sustained technology and operational investment before benefits appear.
Leverage And Capital FlexibilityAlthough leverage has improved in the latest period, historically high debt and current leverage above target constrain financial flexibility. This can limit aggressive capital returns, increase sensitivity to a used-vehicle downturn, and make disciplined balance-sheet management essential.
CarMax News
KMX FAQ
What was Carmax Inc’s price range in the past 12 months?
Carmax Inc lowest stock price was $30.26 and its highest was $65.28 in the past 12 months.
What is Carmax Inc’s market cap?
Carmax Inc’s market cap is $8.56B.
When is Carmax Inc’s upcoming earnings report date?
Carmax Inc’s upcoming earnings report date is Sep 29, 2026 which is in 17 days.
How were Carmax Inc’s earnings last quarter?
Carmax Inc released its earnings results on Jun 17, 2026. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.965 by $0.345.
Is Carmax Inc overvalued?
According to Wall Street analysts Carmax Inc’s price is currently Overvalued.
Does Carmax Inc pay dividends?
Carmax Inc does not currently pay dividends.
What is Carmax Inc’s EPS estimate?
Carmax Inc’s EPS estimate is 0.72.
How many shares outstanding does Carmax Inc have?
Carmax Inc has 141,911,100 shares outstanding.
What happened to Carmax Inc’s price movement after its last earnings report?
Carmax Inc reported an EPS of $1.31 in its last earnings report, beating expectations of $0.965. Following the earnings report the stock price went down -8.981%.
Which hedge fund is a major shareholder of Carmax Inc?
Currently, no hedge funds are holding shares in KMX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CarMax Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$52.10 (-16.83% Downside)
$52.10 (-16.83% Downside)
Blogger Sentiment
Bullish
KMX Sentiment 67%
Sector Average 57%
Sector Average 57%
Hedge Fund Trend
Decreased
By 3.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.24%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-2.77%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Carmax Inc
CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.
KMX Company Deck
KMX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a balanced picture: the company delivered revenue and unit growth, improved several operating trends (CAF penetration, NIM, SG&A per unit leverage), and laid out a clear four-pillar strategy with measurable targets (EPP incremental margin, $200M exit-rate savings). However, meaningful margin headwinds remain — total gross profit and used retail margins declined, EPS dipped, and reconditioning/operational improvements are still ramping. Management emphasized they are taking deliberate margin concessions to regain share while investing in efficiency to self-fund pricing competitiveness. Progress is evident, but key profit and operational initiatives must continue to mature.View all KMX earnings summariesKMX Revenue Breakdown
79.99% Used vehicle sales
17.40% Wholesale vehicle sales
2.61% Other
KMX Stock 12 Month Forecast
Average Price Target
$52.10
▼(-16.83% Downside)
Technical Analysis
Ownership Overview
0.42% Insiders
24.43% Mutual Funds
28.52% Other Institutional Investors
21.76% Public Companies and
Individual Investors