How to Buy Carmax Stock
Carmax Inc
Carmax is a auto & truck dealership company located in Virginia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker KMX on the NYSE exchange.
Carmax stock last closed at $38.15, down 0.83% from the previous day, and has decreased 54.42% in one year. It has underperformed other stocks in the Auto & Truck Dealerships industry by 0.54 percentage points. Carmax stock is currently +26.07% from its 52-week low of $30.26, and -57.36% from its 52-week high of $89.47.
There are currently 146.85M shares of KMX outstanding. The market value of KMX is $5.60B. In the last 24 hours, 6.5M KMX shares were traded.
How to Buy Carmax Stock
Wondering how to invest in Carmax stock? Here's how.
- Decide where to buy Carmax stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Carmax stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- Research Carmax stock: The Carmax ticker symbol is KMX. Is Carmax stock a good investment? Should you buy shares of KMX? How do KMX's underlying business fundamentals look? Do top analysts think Carmax is a good buy? Why has KMX's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if KMX is a good stock to buy).
- Place your KMX trade: Decide if you will purchase KMX shares at the current market price or use a limit order to purchase KMX stock at a particular price.
- Track your KMX investment: Create a watchlist to important updates regarding your position in Carmax stock.
Step 1: Decide where to buy Carmax stock
You need an online brokerage account in order to access the NYSE market and buy KMX stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Tech to Industrials, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you can buy KMX stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on mobile trading apps, you can securely and quickly fund your account:
Check out the video below if you need help depositing money into your investment account.
Step 4: Research Carmax stock
After you have decided on the best place to buy Carmax stock, it's crucial to evaluate their stock before you buy, so you can understand the risk and opportunity.
Carmax Numbers
KMX Due Diligence Checks
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on KMX's stock page.
Is KMX stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KMX's true value.
Using relative valuations methods:
- KMX may be undervalued based on its P/E ratio of 11.15x, relative to Auto & Truck Dealerships industry P/E ratio of 58.31x
- KMX could be undervalued based on its P/B ratio of 0.9x, relative to Auto & Truck Dealerships industry P/B ratio of 4.06x
You can do additional valuation analysis on KMX's stock here.
KMX Financial Summary
Passed Health Checks:
- Total KMX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the KMX balance sheet.
- KMX profit margin has gone up from 1.6% to 2% in the past year.
- KMX earnings of $800.18M is not sufficient to cover its interest payments.
Failed Health Checks:
- KMX's operating cash flow of $1.21B allows it to safely service it's debt of $19.14B.
- KMX has a relatively high debt to equity ratio of 3.37.
- There are more long-term liabilities than short-term assets on the KMX balance sheet.
Do Wall Street analysts think it's a good time to buy Carmax stock
Out of 14 Wall Street analysts who give forecasts on KMX, the consensus analyst rating on KMX is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent KMX Analyst Forecasts
Jeff Lick, a top 16% analyst from Stephens & Co. maintains KMX with a hold rating and lowers their KMX price target from $39.00 to $36.00, on Dec 19, 2025.
Scott Devitt, a top 3% analyst from Wedbush maintains KMX with a hold rating and lowers their KMX price target from $40.00 to $36.00, on Dec 19, 2025.
David Bellinger, a top 36% analyst from Mizuho maintains KMX with a hold rating and lowers their KMX price target from $46.00 to $36.00, on Dec 19, 2025.
Michael Montani, a top 29% analyst from Evercore ISI Group maintains KMX with a hold rating and raises their KMX price target from $35.00 to $37.00, on Dec 9, 2025.
Daniela Haigian, a bottom 21% analyst from Morgan Stanley downgrades KMX to a hold rating and lowers their KMX price target from $56.00 to $35.00, on Nov 10, 2025.
You can dive deeper into what analysts are projecting on the Carmax stock forecast page.
Metrics for Advanced KMX Traders
KMX Revenue
Last year, KMX earnings were $521.07M. During the past 5 year, KMX's earnings have increased by -4.12% per year. This was slower than the Auto & Truck Dealerships industry average of 6.1%.
Last year, KMX revenue was $26.37B. Over the past five year, KMX's revenue has increased by 7.52% per year. This was slower than the Auto & Truck Dealerships industry average of 22.61%.
Learn more about KMX's earnings and revenue performance here.
What are KMX insiders up to?
In the last 12 months, insiders at KMX have sold more shares than they have bought.
Mark F. Oneil, Director of KMX, was the latest KMX insider to buy. They bought $499,807.36 worth of KMX shares on Oct 2, 2025.
Research more about who owns KMX stock here.
Does KMX stock generate passive income?
No, Carmax doesn't provide an income stream by paying out dividends.
What others are saying about KMX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your KMX trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Track your KMX investment
Now that you own some KMX stock, you'll want to stay up-to-date on your new investment.
Put KMX on a watchlist to see the latest developments about your KMX stock.
KMX Feed
How to Buy Stock in Carmax
To summarize, here are the 6 steps to buy Carmax stock:
- Decide where to buy Carmax stock
- Create a brokerage account
- Fund your investment account
- Research Carmax stock
- Place your KMX trade
- Track your KMX investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Carmax, get started below.
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