Core-Mark (CORE) Stock Price, News & Analysis

Core-Mark Holding Company, Inc. (NASDAQ:CORE) posted its quarterly earnings results on Thursday, August, 5th. The business services provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.05. The business services provider had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.47 billion. Core-Mark had a trailing twelve-month return on equity of 14.54% and a net margin of 0.38%. The firm's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

Core-Mark (NASDAQ:CORE) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 27.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CORE will have a dividend payout ratio of 22.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CORE.

Core-Mark shares split before market open on Friday, June 27th 2014. The 2-1 split was announced on Wednesday, May 21st 2014. The newly created shares were payable to shareholders after the market closes on Thursday, June 26th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

110 employees have rated Core-Mark Chief Executive Officer Scott McPherson on Glassdoor.com. Scott McPherson has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Core-Mark investors own include Bank of America (BAC), Intel (INTC), Verizon Communications (VZ), Performance Food Group (PFGC), Wells Fargo & Company (WFC), Alibaba Group (BABA), Intelsat (I), Broadcom (AVGO), Comcast (CMCSA) and Cisco Systems (CSCO).