Q4 2025 EPS Estimates for CarMax, Inc. Reduced by Zacks Research (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Research analysts at Zacks Research cut their Q4 2025 earnings per share estimates for shares of CarMax in a research note issued on Thursday, April 25th. Zacks Research analyst R. Singhi now expects that the company will post earnings per share of $0.67 for the quarter, down from their prior estimate of $0.90. The consensus estimate for CarMax’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for CarMax’s FY2026 earnings at $3.86 EPS.

CarMax (NYSE:KMX) last released its quarterly earnings data on Thursday, April 11th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.13). CarMax had a return on equity of 7.26% and a net margin of 1.81%. The business had revenue of $5.63 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period in the previous year, the business posted $0.44 earnings per share. CarMax’s revenue was down 1.7% on a year-over-year basis.

KMX has been the topic of a number of other reports. Truist Financial decreased their price target on CarMax from $75.00 to $72.00 and set a “hold” rating on the stock in a research report on Friday, April 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $83.00 price objective on shares of CarMax in a research note on Monday, April 8th. Needham & Company LLC lowered their target price on shares of CarMax from $99.00 to $91.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Wedbush reaffirmed an “outperform” rating and issued a $90.00 price objective on shares of CarMax in a research report on Tuesday, April 16th. Finally, JPMorgan Chase & Co. lowered their price target on shares of CarMax from $60.00 to $55.00 and set an “underweight” rating on the stock in a research note on Monday, April 15th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $77.42.

CarMax Price Performance

CarMax stock opened at $69.35 on Monday. CarMax has a one year low of $59.66 and a one year high of $88.22. The company has a market capitalization of $10.91 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 1.16 and a beta of 1.61. The business has a 50 day simple moving average of $77.93 and a 200 day simple moving average of $72.14. The company has a debt-to-equity ratio of 2.96, a current ratio of 2.26 and a quick ratio of 0.67.

Insider Buying and Selling at CarMax

In other CarMax news, EVP Diane L. Cafritz sold 15,356 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $69.53, for a total transaction of $1,067,702.68. Following the transaction, the executive vice president now owns 6,977 shares in the company, valued at approximately $485,110.81. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On CarMax

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of CarMax by 6.5% in the first quarter. GAMMA Investing LLC now owns 2,156 shares of the company’s stock valued at $188,000 after buying an additional 131 shares during the period. Czech National Bank lifted its holdings in CarMax by 0.5% during the fourth quarter. Czech National Bank now owns 27,789 shares of the company’s stock worth $2,133,000 after acquiring an additional 138 shares during the period. Spire Wealth Management increased its position in CarMax by 8.3% in the fourth quarter. Spire Wealth Management now owns 1,908 shares of the company’s stock worth $146,000 after buying an additional 147 shares during the last quarter. Lindbrook Capital LLC boosted its position in CarMax by 32.8% during the fourth quarter. Lindbrook Capital LLC now owns 628 shares of the company’s stock worth $48,000 after purchasing an additional 155 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of CarMax by 0.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,223 shares of the company’s stock valued at $1,782,000 after purchasing an additional 157 shares in the last quarter.

CarMax Company Profile

CarMax, Inc, together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric 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 wholesale auctions.