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KMX Stock Chart & Stats
$40.88
$1.89(2.39%)
At close: 4:00 PM EST
$40.88
$1.89(2.39%)
Day’s Range― - ―
52-Week Range$30.26 - $66.23
Previous CloseN/A
Volume802.64K
Average Volume (3M)3.68M
Market Cap
$7.24B
Enterprise Value$24.77B
Total Cash (Recent Filing)$132.22M
Total Debt (Recent Filing)$18.64B
Price to Earnings (P/E)33.4
Beta0.76
Next Earnings
Sep 29, 2026EPS Estimate
0.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.61
Shares Outstanding141,911,100
10 Day Avg. Volume2,573,636
30 Day Avg. Volume3,676,372
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 Cap3.42
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit9.18
Enterprise Value/Ebitda21.96
Forecast
1Y Price Target
$47.27Price Target Upside15.64% Upside
Rating ConsensusHold
Number of Analyst Covering14
EPS Forecast (FY)2.67
Revenue Forecast (FY)$27.05B
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent positive TTM operating and free cash flow provides durable internal funding to support inventory cycles, deleveraging and targeted investments. This improves financial flexibility across cycles and reduces dependence on external capital for SG&A and strategic initiatives.
Financing Business Expansion (CAF)Rising CarMax Auto Finance penetration and improved NIM create a recurring, higher-margin income stream that diversifies revenue beyond vehicle gross profit. Growing CAF share bolsters per-transaction profitability and creates structural cross-sell advantage versus competitors.
Cost-Reduction & SG&A LeverageA measurable $200M exit-rate savings program and per-unit SG&A leverage strengthen operating leverage long-term. Sustained efficiency gains can self-fund competitive pricing, improve margin resilience and support reinvestment without permanent margin erosion.
Bears Say
Thin ProfitabilityVery low net margins and historically volatile profitability leave limited cushion for shocks. Small adverse moves in used-vehicle prices, reconditioning costs or credit losses can quickly erode earnings, making durable profit recovery and return metrics uncertain.
Historical Leverage & Debt RiskAlthough recent deleveraging improved ratios, a history of elevated leverage and substantial absolute borrowings increases vulnerability to cyclical downturns. Covenants on recent term debt and sizable debt stock could limit capital allocation flexibility and delay shareholder returns.
Operational Execution RiskPersistent digital/in-store friction and immature reconditioning/logistics reduce conversion and compress retail margins. Until omni-channel integration and recon centers scale, operational inefficiencies may force continued margin concessions to protect volumes.
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 $66.23 in the past 12 months.
What is CarMax Inc’s market cap?
CarMax Inc’s market cap is $7.24B.
When is CarMax Inc’s upcoming earnings report date?
CarMax Inc’s upcoming earnings report date is Sep 29, 2026 which is in 80 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 Undervalued.
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 0.71.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$47.27 (15.64% Upside)
$47.27 (15.64% Upside)
Blogger Sentiment
Bullish
KMX Sentiment 70%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 4.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-20.09%
12-Months-Change
Fundamentals
Return on Equity
3.67%
Trailing 12-Months
Asset Growth
-2.77%
Trailing 12-Months
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
$47.27
▲(15.64% Upside)
Technical Analysis
Ownership Overview
0.42% Insiders
24.43% Mutual Funds
0.11% Other Institutional Investors
50.41% Public Companies and
Individual Investors