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How to buy CarMax (KMX) stock
Learn how to easily invest in CarMax stock.
CarMax, Inc is an auto & truck dealerships business based in the US. CarMax shares (KMX) are listed on the NYSE and all prices are listed in US Dollars. CarMax employs 27,000 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in CarMax
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – KMX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- KMX shares summary
- Compare share dealing platforms
- Is KMX stock a buy or sell?
- Stock performance over time
- Can I short KMX shares?
- Is KMX suitable for ethical investing?
- Are KMX shares over-valued?
- CarMax's financials
- How volatile are KMX shares?
- Does CarMax pay a dividend?
- Have KMX shares ever split?
- Other common questions
CarMax stock price (NYSE: KMX)Use our graph to track the performance of KMX stocks over time.
CarMax shares at a glance
|Latest market close||$114.05|
|52-week range||$84.70 - $138.66|
|50-day moving average||$124.41|
|200-day moving average||$123.75|
|Wall St. target price||$144.30|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$7.11|
Buy CarMax shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy CarMax stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
CarMax price performance over time
|1 week (2021-07-16)||N/A|
|1 month (2021-06-25)||-10.48%|
|3 months (2021-04-27)||-14.28%|
|6 months (2021-01-23)||N/A|
|1 year (2020-07-23)||N/A|
|2 years (2019-07-23)||N/A|
|3 years (2018-07-23)||N/A|
|5 years (2016-07-23)||N/A|
Is CarMax under- or over-valued?
Valuing CarMax stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CarMax's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CarMax's P/E ratio
CarMax's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, CarMax shares trade at around 19x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
CarMax's PEG ratio
CarMax's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4403. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CarMax's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CarMax's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion.
The EBITDA is a measure of a CarMax's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$24.6 billion|
|Operating margin TTM||6.57%|
|Gross profit TTM||$2.9 billion|
|Return on assets TTM||4.71%|
|Return on equity TTM||28.47%|
|Market capitalisation||$21.9 billion|
TTM: trailing 12 months
Shorting CarMax shares
There are currently 6.4 million CarMax shares held short by investors – that's known as CarMax's "short interest". This figure is 50.9% up from 4.2 million last month.
There are a few different ways that this level of interest in shorting CarMax shares can be evaluated.
CarMax's "short interest ratio" (SIR)
CarMax's "short interest ratio" (SIR) is the quantity of CarMax shares currently shorted divided by the average quantity of CarMax shares traded daily (recently around 1.3 million). CarMax's SIR currently stands at 4.83. In other words for every 100,000 CarMax shares traded daily on the market, roughly 4830 shares are currently held short.
However CarMax's short interest can also be evaluated against the total number of CarMax shares, or, against the total number of tradable CarMax shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CarMax's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 CarMax shares in existence, roughly 40 shares are currently held short) or 0.0394% of the tradable shares (for every 100,000 tradable CarMax shares, roughly 39 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CarMax.
Find out more about how you can short CarMax stock.
CarMax's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like CarMax.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
CarMax's total ESG risk score
Total ESG risk: 16.52
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and CarMax's overall score of 16.52 (as at 12/31/2018) is excellent – landing it in it in the 8th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like CarMax is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
CarMax's environmental score
Environmental score: 3.12/100
CarMax's environmental score of 3.12 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that CarMax is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
CarMax's social score
Social score: 8.4/100
CarMax's social score of 8.4 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that CarMax is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
CarMax's governance score
Governance score: 3.99/100
CarMax's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that CarMax is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
CarMax's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. CarMax scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that CarMax has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||16.52|
|Total ESG percentile||7.98|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||2|
CarMax share dividends
We're not expecting CarMax to pay a dividend over the next 12 months.
Have CarMax's shares ever split?
CarMax's shares were split on a 2:1 basis on 26 March 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CarMax shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CarMax shares which in turn could have impacted CarMax's share price.
CarMax share price volatility
Over the last 12 months, CarMax's shares have ranged in value from as little as $84.7 up to $138.66. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CarMax's is 1.6529. This would suggest that CarMax's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
CarMax, Inc. , through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through whole auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2021, it operated approximately 220 used car stores and 1 new car franchises. CarMax, Inc.
Stocks similar to CarMax
CarMax in the news
Morgan Stanley downgrades Asbury Automotive, cuts exposure to franchise dealers
Morgan Stanley, Pool Lead 5 Stocks Near Buy Points After Strong Earnings
CarMax Inc. stock rises Friday, still underperforms market
Frequently asked questionsWhat percentage of CarMax is owned by insiders or institutions?
Currently 0.3% of CarMax shares are held by insiders and 95.119% by institutions. How many people work for CarMax?
Latest data suggests 27,000 work at CarMax. When does the fiscal year end for CarMax?
CarMax's fiscal year ends in February. Where is CarMax based?
CarMax's address is: 12800 Tuckahoe Creek Parkway, Richmond, VA, United States, 23238 What is CarMax's ISIN number?
CarMax's international securities identification number is: US1431301027 What is CarMax's CUSIP number?
CarMax's Committee on Uniform Securities Identification Procedures number is: 143130102
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