FY2025 Earnings Estimate for CarMax Issued By Zacks Research

CarMax, Inc. (NYSE:KMX) – Analysts at Zacks Research increased their FY2025 EPS estimates for CarMax in a note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $3.15 for the year, up from their prior estimate of $2.92. The consensus estimate for CarMax’s current full-year earnings is $3.01 per share. Zacks Research also issued estimates for CarMax’s Q1 2026 earnings at $1.17 EPS, Q2 2026 earnings at $0.96 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $3.82 EPS, Q1 2027 earnings at $1.15 EPS, Q2 2027 earnings at $0.99 EPS and FY2027 earnings at $4.32 EPS.

CarMax (NYSE:KMX) last announced its quarterly earnings data on Thursday, December 19th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.19. The company had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6.05 billion. CarMax had a net margin of 1.61% and a return on equity of 6.83%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the business earned $0.52 EPS.

Several other research analysts have also commented on the company. Stephens began coverage on CarMax in a research report on Thursday, December 5th. They issued an “equal weight” rating and a $86.00 target price for the company. Royal Bank of Canada lifted their price objective on shares of CarMax from $92.00 to $99.00 and gave the stock an “overweight” rating in a report on Thursday, December 19th. Oppenheimer reiterated an “outperform” rating and set a $105.00 target price on shares of CarMax in a research note on Friday, October 4th. Truist Financial raised their price target on shares of CarMax from $72.00 to $88.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Finally, Mizuho boosted their price objective on shares of CarMax from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, CarMax has an average rating of “Hold” and an average target price of $85.17.

CarMax Stock Down 1.4 %

NYSE:KMX opened at $80.07 on Monday. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.68 and a current ratio of 2.25. The company has a market capitalization of $12.40 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 1.74 and a beta of 1.71. CarMax has a one year low of $65.83 and a one year high of $91.25. The stock has a 50-day simple moving average of $80.97 and a 200 day simple moving average of $78.63.

Institutional Trading of CarMax

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP grew its holdings in CarMax by 78.6% during the second quarter. Quarry LP now owns 418 shares of the company’s stock worth $31,000 after acquiring an additional 184 shares during the period. Catalyst Capital Advisors LLC acquired a new position in shares of CarMax in the 3rd quarter worth approximately $32,000. True Wealth Design LLC raised its holdings in shares of CarMax by 4,844.4% in the 3rd quarter. True Wealth Design LLC now owns 445 shares of the company’s stock worth $34,000 after purchasing an additional 436 shares in the last quarter. Studio Investment Management LLC lifted its stake in CarMax by 176.7% during the second quarter. Studio Investment Management LLC now owns 523 shares of the company’s stock valued at $38,000 after purchasing an additional 334 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in CarMax by 91.9% during the third quarter. Larson Financial Group LLC now owns 737 shares of the company’s stock valued at $57,000 after purchasing an additional 353 shares during the last quarter.

Insider Buying and Selling

In other news, EVP James Lyski sold 57,986 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $81.35, for a total value of $4,717,161.10. Following the completion of the transaction, the executive vice president now directly owns 22,803 shares in the company, valued at $1,855,024.05. This trade represents a 71.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William D. Nash sold 120,513 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $83.24, for a total value of $10,031,502.12. Following the sale, the chief executive officer now directly owns 181,683 shares in the company, valued at approximately $15,123,292.92. The trade was a 39.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 228,744 shares of company stock valued at $18,990,227 in the last three months. 1.66% of the stock is currently owned by corporate insiders.

About CarMax

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.