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CarMax (KMX) Stock Price & Analysis

1,553 Followers

KMX Stock Chart & Stats

$51.48-$1.12(-2.13%)
At close: 4:00 PM EST
$50$55$60Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
$51.00 - $52.19
52-Week Range
$30.69 - $65.28
Previous Close
$52.60
Volume
N/A
Average Volume (3M)
3.34M
Market Cap
$7.31B
Enterprise Value
$26.03B
Total Cash (Recent Filing)
$170.53M
Total Debt (Recent Filing)
$17.87B
Price to Earnings (P/E)
24.2
Beta
0.65
Next Earnings
Dec 17, 2026 (Est.)
EPS Estimate
0.42
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Sales Growth

Strong comparable sales and vehicle-volume growth indicate improving customer demand and market-share execution. If sustained, higher throughput can support fixed-cost absorption, strengthen the retail platform, and provide a durable base for operating leverage over the next several quarters.

Cash Generation

Recent operating and free cash flow provide meaningful internal funding for inventory, technology, cost initiatives, and other investments. Although historical conversion has varied, the current cash-generation improvement increases financial resilience and supports execution without relying entirely on external capital.

Operating Efficiency

The Shift into GEAR program combines pricing, digital experience, reconditioning, logistics, and SG&A initiatives rather than relying on a single improvement lever. Delivering the identified savings could enhance competitiveness, fund reinvestment, and improve operating leverage across the network.

Bears Say

Thin Profitability

Very thin net profitability and inconsistent EBIT leave limited room to absorb weaker vehicle economics or higher operating costs. This reduces the durability of earnings and makes future results more sensitive to gross-profit-per-unit pressure, cost execution, and changes in sales mix.

High Leverage

Elevated leverage reduces financial flexibility and can constrain the company’s ability to absorb operating volatility or fund strategic investments. The sharp decline in returns on equity also suggests that the capital base is producing weaker earnings power than during the prior peak period.

CAF Pressure

Lower CAF penetration and the outlook for reduced finance income could weaken an important profit stream connected to vehicle sales. Higher customer rates, funding costs, and competing lenders may continue to pressure financing economics and make earnings less predictable.

CarMax News

KMX FAQ

What was CarMax’s price range in the past 12 months?
CarMax lowest stock price was $30.69 and its highest was $65.28 in the past 12 months.
What is CarMax’s market cap?
CarMax’s market cap is $7.31B.
When is CarMax’s upcoming earnings report date?
CarMax’s next earnings report is estimated for Dec 17, 2026 (not yet confirmed), which is in 38 days.
How were CarMax’s earnings last quarter?
CarMax released its earnings results on Sep 29, 2026. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.732 by $0.428.
Is CarMax overvalued?
According to Wall Street analysts CarMax’s price is currently Undervalued.
Does CarMax pay dividends?
CarMax does not currently pay dividends.
What is CarMax’s EPS estimate?
CarMax’s EPS estimate is 0.42.
How many shares outstanding does CarMax have?
CarMax has 141,942,810 shares outstanding.
What happened to CarMax’s price movement after its last earnings report?
CarMax reported an EPS of $1.16 in its last earnings report, beating expectations of $0.732. Following the earnings report the stock price went up 4.739%.
Which hedge fund is a major shareholder of CarMax?
Hedge funds hold CarMax shares: the largest hedge-fund position in CarMax is 71,887,408 shares, and hedge funds decreased their holdings by 3.4M shares last quarter.
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