Carmax Stock Symbol Overview and Market Trends

Carmax stock symbol is listed as KMX on the NASDAQ stock exchange.

The company was founded in 1993 by Richard Sharp and Bill C. Austin.

Carmax is a leading used car retailer in the United States, with over 200 locations across the country.

The company's stock has experienced significant growth over the years, with its market capitalization reaching over $30 billion.

Carmax has a strong track record of delivering consistent returns to its shareholders, with a dividend yield of around 1.5%.

The company's focus on providing a seamless car-buying experience has helped it to maintain a loyal customer base.

Carmax's stock price has been affected by various market trends, including the overall performance of the automotive industry.

The CarMax stock symbol is KMX-N, and it's listed on the New York Stock Exchange.

CarMax is an American stock, trading under this symbol.

You can also refer to it as NYSE:KMX or KMX-N, which is commonly used in the financial world.

This symbol is unique to CarMax and allows investors to easily identify the company's stock on the market.

CarMax's recent performance has been impressive, with the company selling more used cars than expected. This was largely due to a drop in used car prices, which fell by about $1,100 each.

The drop in prices led to a big sales beat, and CarMax's stock surged toward a 2-year high. This is a clear indication of the company's financial health and stability.

CarMax crushed earnings expectations, which is a significant achievement. This shows that the company is performing well and is a good sign for investors.

The company has also resumed its repurchase program, which is a positive development for shareholders. This move indicates that the company is confident in its financial position and is willing to invest in itself.

CarMax'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%, a notable increase that suggests the company's efforts to boost sales are paying off.

The average price per vehicle, however, dipped, which kept margins depressed and led to a missed quarterly profit estimate.

CarMax's Q3 earnings results were a pleasant surprise, beating both EPS and revenue expectations. This marked a significant improvement from previous quarters, demonstrating the company's resilience in a changing market.

The used-car retailer's stock surged towards a 2-year high as a drop in used car prices led to a big sales beat. CarMax sold more used cars than expected, with prices falling by about $1,100 each.

CarMax's CEO attributed the success to a 'more stable environment', which allowed the company to capitalize on the drop in used car prices. This shift in market dynamics has been a game-changer for the company, driving sales and revenue.

CarMax's fiscal Q3 showed good unit sales trends and resilient gross profit, pushing great earnings momentum in the previously slow industry. The company's ability to adapt to changing market conditions has been a key factor in its success.

Here are the key highlights from CarMax's Q3 earnings report:

CarMax's stock price has also seen a significant boost, with a 1-year change of 12.07% and a 3-year change of -24.18%. The company's beta of 1.73 indicates a relatively high level of volatility in its stock price.

CarMax missed Wall Street estimates for second-quarter profit due to price cuts on used vehicles.

The price cuts boosted unit sales, but kept margins depressed.

CarMax's average price per vehicle dipped, contributing to the missed profit estimates.

This drop in average price per vehicle had a significant impact on the company's bottom line.

Used car prices fell by about $1,100 each, which helped CarMax sell more used cars than expected.

This significant drop in prices led to a big sales beat for CarMax, with their stock surging toward a 2-year high.

CarMax's sales beat was largely due to price cuts on used vehicles, which boosted unit sales but kept margins depressed.

The company missed Wall Street estimates for second-quarter profit due to these depressed margins.

CarMax's decision to cut prices on used vehicles was a strategic move to drive sales, but it had a negative impact on their profit margins.

As a result, the average price per vehicle dipped, which contributed to CarMax missing quarterly profit estimates.

According to 12 analysts, the average rating for KMX stock is "Buy" with an expected 12-month stock price forecast of $85.58, representing a 3.25% increase from the latest price.

The 7-day returns for KMX stock are -6.8%, which is slightly worse than the US Specialty Retail industry's -6.0% return.

Here's a comparison of KMX's returns with the US Specialty Retail and US Market returns over the past 7 days and 1 year:

KMX stock outperformed the US Specialty Retail industry with a 1-year return of 12.1%, but underperformed the US Market with a 1-year return of 18.3%.

Analysts are predicting a bright future for KMX stock, with an average rating of "Buy" from 12 experts.

Their forecast is clear: a 12-month stock price of $85.58, representing a 3.25% increase from the latest price.

This optimistic outlook is based on careful analysis and research, giving investors a solid foundation to make informed decisions.

KMX, the company behind CarMax, has seen a 12.1% return over the past year, outperforming the US Specialty Retail industry which returned 10.2%.

The 7-day return for KMX was -6.8%, which is slightly worse than the US Specialty Retail industry's -6.0%.

Over the past year, KMX outperformed the US Specialty Retail industry, but underperformed the US Market, which returned 18.3%.

Here's a comparison of KMX's return with the US Specialty Retail industry and the US Market over the past year:

CarMax stock has had its ups and downs over the years, with a current share price of $82.89. This is a significant increase from its IPO price, where the stock price has risen by 684.76%.

The 52-week high for CarMax stock was $91.25, while the 52-week low was $65.83. This means that the stock price has fluctuated by as much as 39.6% over the past year.

Here's a brief comparison of CarMax's price volatility with the industry and market averages:

CarMax's weekly volatility of 4% has been stable over the past year, which is lower than the market average of 6.0%. This suggests that the stock price has been relatively stable in recent times.

Price can be a mystery, but let's break it down. On 2025-02-24, CarMax (KMX-N) stock closed at a price of $82.89.

The price of a stock can fluctuate rapidly, and it's essential to stay informed. CarMax's stock price can be affected by various market and economic factors.

A single day's stock price can give us a glimpse into the market's mood. On 2025-02-24, CarMax's stock price was $82.89.

To make informed investment decisions, it's crucial to track stock prices over time.

CarMax's stock can pop due to crushing earnings expectations.

Companies like CarMax can surprise investors by exceeding earnings forecasts, causing their stock to rise.

In CarMax's case, they resumed their repurchase program.

This move can also contribute to a stock's price increase.

A repurchase program allows a company to buy back its own shares, which can reduce the number of outstanding shares and increase the stock's value.

CarMax's stock prices have been stagnant, failing to keep pace with the market's 30% gain over the same period as the S&P 500.

The company's lack of competitive advantages is a significant concern, as it makes it difficult to sustain long-term growth.

CarMax's Q2 results showed mixed performance, with some areas of improvement but also areas of decline.

This underperformance is a red flag for investors, suggesting that the stock may be overvalued relative to its peers.

CarMax's inability to outperform the market and its peers raises questions about its ability to generate strong returns for investors.

CarMax's current share price is $82.89, a 0.19% increase from last month. This is a relatively stable change, especially compared to the 12.07% increase over the past year.

The 52-week high for CarMax's stock price was $91.25, while the low was $65.83. This indicates a significant range in the stock's value over the past year.

The beta of CarMax's stock is 1.73, indicating higher volatility compared to the overall market. This means that CarMax's stock price can be expected to move more than the market average.

Here's a summary of CarMax's price history and performance over the past year:

CarMax's weekly volatility has been stable at 4% over the past year, which is lower than the market average of 6.0%.

CarMax, Inc. was founded in 1993. It's a significant milestone in the company's history.

The company operates as a retailer of used vehicles and related products in the United States. This is a key part of their business model.

CarMax has a large workforce, with 29,836 employees. That's a substantial number of people working together to achieve the company's goals.

The CEO of CarMax is Bill Nash. He's the leader of the company and makes key decisions.

You can visit CarMax's website at www.carmax.com to learn more about the company. This is a great resource for anyone interested in learning more about CarMax.

CarMax operates in two main segments: CarMax Sales Operations and CarMax Auto Finance. These segments are the backbone of the company's business.

Here's a brief overview of the CarMax Sales Operations segment:

CarMax's revenue in 2023 was $28.21 billion, a decrease of -9.36% from the previous year.

The company's earnings also took a hit, dropping by -1.15% to $479.20 million.

Despite the decline, U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.

CarMax's fiscal Q2 2025 revenues actually increased, beating consensus by $170 million, driven by higher volumes despite lower pricing.

CarMax's financial performance has seen its ups and downs in recent years. In 2023, the company's revenue was $28.21 billion, a decrease of -9.36% from the previous year.

The decline in revenue was accompanied by a decrease in earnings, which were $479.20 million, a drop of -1.15%. This might be a cause for concern, but let's take a look at the bigger picture.

Here's a summary of CarMax's revenue and earnings for the past few years:

It's worth noting that CarMax's stock price has seen some fluctuations over the years. As of now, the current share price is $82.89, with a 52-week high of $91.25 and a 52-week low of $65.83.

CarMax has consistently delivered strong financial performance despite the challenges of lower car prices. In 2023, the company's revenue was $28.21 billion, a decrease of -9.36% compared to the previous year's $31.13 billion.

The company's ability to adapt to changing market conditions is evident in its Q2 2025 results, where revenues increased slightly, with a $170 million beat versus consensus. This was driven by higher volumes despite lower pricing.

CarMax's fiscal Q2 2025 saw comparable store used unit sales rise 4.3%, a significant increase. This uptick in sales is a testament to the company's ability to navigate the market and come out on top.

The company's revenue growth is not limited to a single quarter, as seen in its Q3 results, where it reported a 10% gain over the past year. However, this growth may be overvalued, with the stock trading at 23x earnings, justifying a "sell" rating.

Here's a summary of CarMax's recent performance:

CarMax's ability to deliver strong financial performance despite lower car prices is a testament to its resilience and adaptability.