Equities Analysts Set Expectations for CarMax, Inc.’s Q2 2025 Earnings (NYSE:KMX)

CarMax, Inc. (NYSE:KMX) – Investment analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share (EPS) estimates for CarMax in a research report issued to clients and investors on Sunday, June 23rd. Seaport Res Ptn analyst G. Chin now anticipates that the company will post earnings per share of $0.86 for the quarter, down from their prior estimate of $0.87. The consensus estimate for CarMax’s current full-year earnings is $3.06 per share. Seaport Res Ptn also issued estimates for CarMax’s Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $3.01 EPS and FY2026 earnings at $3.81 EPS.

CarMax (NYSE:KMX) last released its quarterly earnings data on Friday, June 21st. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.94 by $0.03. CarMax had a return on equity of 6.64% and a net margin of 1.55%. The company had revenue of $7.11 billion for the quarter, compared to analyst estimates of $7.16 billion. During the same period last year, the company posted $1.16 earnings per share. The firm’s revenue was down 7.5% compared to the same quarter last year.

A number of other analysts have also issued reports on KMX. Needham & Company LLC dropped their target price on CarMax from $91.00 to $87.00 and set a “buy” rating on the stock in a research report on Monday. Bank of America boosted their price objective on CarMax from $44.00 to $50.00 and gave the company an “underperform” rating in a report on Thursday, February 29th. Robert W. Baird lowered their price objective on CarMax from $88.00 to $84.00 and set an “outperform” rating for the company in a report on Friday, April 12th. Mizuho lowered their price objective on CarMax from $75.00 to $72.00 and set a “neutral” rating for the company in a report on Tuesday, June 18th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $80.00 price objective on shares of CarMax in a report on Friday, June 21st. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $75.50.

CarMax Stock Up 1.3 %

Shares of NYSE KMX opened at $72.73 on Tuesday. CarMax has a 1 year low of $59.66 and a 1 year high of $88.22. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 28.41, a PEG ratio of 1.41 and a beta of 1.69. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.60 and a current ratio of 2.50. The stock’s 50-day simple moving average is $70.45 and its 200-day simple moving average is $73.95.

Insiders Place Their Bets

In other CarMax news, EVP Diane L. Cafritz sold 15,356 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $69.53, for a total value of $1,067,702.68. Following the completion of the sale, the executive vice president now directly owns 6,977 shares in the company, valued at $485,110.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.66% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its holdings 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 in the last quarter. Czech National Bank raised its stake in CarMax by 0.5% during the 4th quarter. Czech National Bank now owns 27,789 shares of the company’s stock valued at $2,133,000 after purchasing an additional 138 shares during the period. Spire Wealth Management raised its stake in CarMax by 8.3% during the 4th quarter. Spire Wealth Management now owns 1,908 shares of the company’s stock valued at $146,000 after purchasing an additional 147 shares during the period. Lindbrook Capital LLC raised its stake in CarMax by 32.8% during the 4th quarter. Lindbrook Capital LLC now owns 628 shares of the company’s stock valued at $48,000 after purchasing an additional 155 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in CarMax by 0.7% during the 4th 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 during the period.

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.