CarMax, Inc. Forecasted to Post Q3 2025 Earnings of $0.62 Per Share (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Stock analysts at William Blair upped their Q3 2025 earnings per share (EPS) estimates for CarMax in a research report issued on Thursday, September 26th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.62 per share for the quarter, up from their previous forecast of $0.58. The consensus estimate for CarMax’s current full-year earnings is $2.99 per share.

Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada upped their target price on CarMax from $75.00 to $82.00 and gave the stock an “outperform” rating in a research note on Friday, September 27th. JPMorgan Chase & Co. upped their price target on shares of CarMax from $55.00 to $65.00 and gave the stock an “underweight” rating in a report on Thursday, September 19th. Needham & Company LLC upped their price target on shares of CarMax from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Evercore ISI upped their price target on shares of CarMax from $76.00 to $79.00 and gave the stock an “in-line” rating in a report on Friday, September 27th. Finally, Truist Financial upped their price target on shares of CarMax from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Monday, September 23rd. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, CarMax currently has an average rating of “Hold” and an average price target of $79.73.

CarMax Stock Up 1.0 %

NYSE KMX opened at $78.17 on Monday. The business has a fifty day moving average price of $79.60 and a two-hundred day moving average price of $76.24. The company has a debt-to-equity ratio of 2.95, a current ratio of 2.50 and a quick ratio of 0.60. CarMax has a fifty-two week low of $59.66 and a fifty-two week high of $88.22. The stock has a market capitalization of $12.20 billion, a PE ratio of 30.54, a PEG ratio of 1.56 and a beta of 1.69.

CarMax (NYSE:KMX) last released its earnings results on Thursday, September 26th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.01). CarMax had a return on equity of 6.64% and a net margin of 1.55%. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same quarter in the previous year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis.

Insider Activity at CarMax

In related news, CEO William D. Nash sold 120,000 shares of the stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $79.62, for a total value of $9,554,400.00. Following the completion of the sale, the chief executive officer now directly owns 181,683 shares in the company, valued at $14,465,600.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other CarMax news, SVP John M. Stuckey III sold 19,673 shares of the stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $82.01, for a total transaction of $1,613,382.73. Following the completion of the sale, the senior vice president now directly owns 969 shares in the company, valued at approximately $79,467.69. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William D. Nash sold 120,000 shares of the stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $79.62, for a total value of $9,554,400.00. Following the sale, the chief executive officer now owns 181,683 shares of the company’s stock, valued at $14,465,600.46. The disclosure for this sale can be found here. Insiders sold 184,012 shares of company stock worth $14,803,843 over the last three months. Company insiders own 1.66% of the company’s stock.

Institutional Trading of CarMax

Large investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co grew its holdings in CarMax by 29.1% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 167,138 shares of the company’s stock worth $14,573,000 after acquiring an additional 37,660 shares during the period. Fairview Capital Investment Management LLC grew its holdings in CarMax by 7.0% during the 4th quarter. Fairview Capital Investment Management LLC now owns 251,530 shares of the company’s stock worth $19,302,000 after acquiring an additional 16,438 shares during the period. Quadrature Capital Ltd acquired a new stake in CarMax during the 4th quarter worth about $5,637,000. State Board of Administration of Florida Retirement System grew its holdings in CarMax by 10.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 186,408 shares of the company’s stock worth $16,238,000 after acquiring an additional 17,557 shares during the period. Finally, Van ECK Associates Corp grew its holdings in CarMax by 38.2% during the 1st quarter. Van ECK Associates Corp now owns 55,800 shares of the company’s stock worth $4,861,000 after acquiring an additional 15,426 shares during the period.

CarMax Company Profile

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.