CarMax (KMX) to Release Quarterly Earnings on Tuesday

CarMax (NYSE:KMX) is expected to be issuing its Q4 2026 results before the market opens on Tuesday, April 14th. Analysts expect the company to announce earnings of $0.1830 per share and revenue of $5.6518 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Tuesday, April 14, 2026 at 9:00 AM ET.

CarMax Stock Up 3.4%

CarMax stock opened at $42.64 on Tuesday. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.51 and a current ratio of 1.99. The business’s 50-day simple moving average is $43.06 and its two-hundred day simple moving average is $42.34. The company has a market cap of $6.05 billion, a PE ratio of 14.07, a PEG ratio of 1.05 and a beta of 1.30. CarMax has a fifty-two week low of $30.26 and a fifty-two week high of $81.79.

Wall Street Analysts Forecast Growth

KMX has been the topic of several research analyst reports. Mizuho dropped their price target on CarMax from $46.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Morgan Stanley set a $35.00 price target on CarMax in a research note on Monday, December 8th. Benchmark reiterated a “hold” rating on shares of CarMax in a research note on Tuesday, December 16th. Stephens boosted their price target on CarMax from $39.00 to $43.00 and gave the company an “equal weight” rating in a research note on Thursday, April 2nd. Finally, Wedbush decreased their price objective on CarMax from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $39.71.

Hedge Funds Weigh In On CarMax

A number of large investors have recently bought and sold shares of KMX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in CarMax by 0.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,389 shares of the company’s stock worth $2,446,000 after purchasing an additional 173 shares during the period. Jones Financial Companies Lllp raised its holdings in CarMax by 3.1% in the 1st quarter. Jones Financial Companies Lllp now owns 5,372 shares of the company’s stock worth $419,000 after purchasing an additional 161 shares during the period. Empowered Funds LLC raised its holdings in CarMax by 12.5% in the 1st quarter. Empowered Funds LLC now owns 5,273 shares of the company’s stock worth $411,000 after purchasing an additional 585 shares during the period. Intech Investment Management LLC raised its holdings in CarMax by 61.7% in the 1st quarter. Intech Investment Management LLC now owns 19,143 shares of the company’s stock worth $1,492,000 after purchasing an additional 7,307 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in CarMax in the 1st quarter worth about $727,000.

About CarMax

CarMax (NYSE: KMX) is a leading retailer of used vehicles in the United States, offering customers a streamlined, no-haggle purchasing experience. The company’s inventory spans a broad range of makes and models, each of which undergoes a comprehensive inspection process before being offered for sale. Customers can shop in person at CarMax’s retail locations or browse the company’s online platform, which provides detailed vehicle histories, virtual tours and contactless purchasing options.

Originally launched in 1993 as a division of Circuit City, CarMax became an independent, publicly traded company in 1997.