What Every CarMax Investor Should Know Before Buying
CarMax is the largest used-car retailer but working to reboot its operations. While high prices for cars and trucks affect the entire industry, CarMax's unique business mix can help it navigate the challenges.
CarMax outlook clouded by soft securitization trends, leadership changes
CarMax Inc (NYSE:KMX) is facing a mixed outlook as recent securitization data and preliminary guidance for the next quarter highlight ongoing challenges in the used-car market, according Wedbush analysts. The analysts have a ‘Neutral' rating on the stock, with a 12-month price target of $40, after the company reported October trends from its CAF securitization trust.
CarMax stock falls more than 10% as CEO steps down
Shares of CarMax Inc. fell more than 10% during premarket trading Thursday after the used car retailer announced the unexpected departure of CEO Bill Nash. CarMax said board member David McCreight, a retail clothing executive who has served as CEO of Lulu's Fashion Lounge Holdings, will serve as interim CEO
CarMax to leave the S&P 500 to give way to this famous industrial company's spinoff
A place in the S&P 500 is a sought-after spot for companies, as it exposes their stock to a broad swath of active investors and to countless passive funds that track the benchmark automatically.
Wall Street Insiders Are Loading Up on These 3 Stocks
People don't like to throw money into a sinking ship , and by that logic, insider buys in Wall Street can be an easy way to gauge how well a company might do in the coming quarters.
S&P 500 Gains & Losses Today: CarMax Stock Skids, Oracle Retreats; Intel Pushes Higher
A soft earnings report pressured shares of the nation's largest independent used car retailer, while a semiconductor giant extended its rally following reports of investment talks with another tech powerhouse.
CarMax (KMX) Q2 Earnings and Revenues Lag Estimates
CarMax (KMX) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.85 per share a year ago.
CarMax sees unexpected drop in used-car sales even at lower prices, and the stock dives
CarMax missed analyst estimates on average selling prices and profit, in what the CEO describes as a challenging quarter.
CarMax Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
CarMax, Inc. KMX will release earnings results for the second quarter, before the opening bell on Thursday, Sept. 25.
CarMax Gears Up to Report Q2 Earnings: Here's What to Expect
KMX readies Q2 results with EPS seen at $1.03 and revenues at $7.05 billion, as service margins rise but wholesale prices weigh.
Gear Up for CarMax (KMX) Q2 Earnings: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for CarMax (KMX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended August 2025.
CarMax Could Be A Used Car Lot Value Buy
Tariffs on new cars are driving up prices, boosting demand and prices for used vehicles, which benefits CarMax's core business. CarMax is attractively valued with solid revenue growth, but faces significant risks from its large auto loan portfolio and rising delinquencies. Despite recent stock declines and credit quality concerns, I rate KMX a buy, but recommend only moderate investment due to high risk.
