NASDAQ:CORE - Core-Mark Stock Price, Price Target & More

Core-Mark trades on the NASDAQ under the ticker symbol "CORE."

Core-Mark declared a quarterly dividend on Tuesday, May 8th. Investors of record on Thursday, May 24th will be paid a dividend of $0.10 per share on Friday, June 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Wednesday, May 23rd. View Core-Mark's Dividend History.

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

Core-Mark announced that its board has authorized a share buyback program on Wednesday, August 30th 2017, which allows the company to buyback $40,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) released its quarterly earnings data on Tuesday, May, 8th. The business services provider reported $0.07 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.01. The business services provider earned $3.81 billion during the quarter, compared to the consensus estimate of $3.80 billion. Core-Mark had a net margin of 0.19% and a return on equity of 8.47%. Core-Mark's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS. View Core-Mark's Earnings History.

Core-Mark is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Core-Mark.

Core-Mark updated its FY18 earnings guidance on Tuesday, May, 8th. The company provided earnings per share guidance of $1.13-1.29 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. The company issued revenue guidance of $16.6-16.8 billion, compared to the consensus revenue estimate of $16.66 billion.

7 brokers have issued 1-year price objectives for Core-Mark's shares. Their forecasts range from $21.00 to $31.00. On average, they anticipate Core-Mark's share price to reach $25.80 in the next year. View Analyst Ratings for Core-Mark.

Core-Mark saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,418,214 shares, a drop of 29.3% from the April 30th total of 2,007,107 shares. Based on an average trading volume of 655,979 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.1% of the shares of the stock are sold short.

Some companies that are related to Core-Mark include United Natural Foods (UNFI), Chefs' Warehouse (CHEF), SpartanNash (SPTN), SuperValu (SVU), Primo Water (PRMW), G. Willi-Food International (WILC) and DTS8 Coffee (BKCT).

News coverage about CORE stock has been trending very positive on Friday, according to Accern Sentiment. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Core-Mark earned a media sentiment score of 0.65 on Accern's scale. They also assigned news stories about the business services provider an impact score of 46.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Core-Mark's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.77%), Dimensional Fund Advisors LP (4.71%), Thrivent Financial for Lutherans (2.20%), Northern Trust Corp (2.07%), Royal Bank of Canada (1.88%) and State of New Jersey Common Pension Fund D (1.63%). Company insiders that own Core-Mark stock include Christopher L Walsh, Christopher M Miller, Congdon Stacy Loretz, Eric Rolheiser, Fraser James Laschinger, Gary F Colter, Gordon Scott Townsen Mckinnon, Harvey L Tepner, John Dennis Harvey, Robert Douglas Cudney, Scott E Mcpherson, Thomas B Perkins and William Stein. View Institutional Ownership Trends for Core-Mark.

CORE stock was sold by a variety of institutional investors in the last quarter, including Public Employees Retirement Association of Colorado, Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Northern Trust Corp, Royal Bank of Canada, Rhumbline Advisers, Copeland Capital Management LLC and American International Group Inc.. Company insiders that have sold Core-Mark company stock in the last year include Eric Rolheiser, Scott E Mcpherson, Thomas B Perkins and William Stein. View Insider Buying and Selling for Core-Mark.

CORE stock was purchased by a variety of institutional investors in the last quarter, including Comerica Bank, Dimensional Fund Advisors LP, Segall Bryant & Hamill LLC, OppenheimerFunds Inc., BlackRock Inc., Millennium Management LLC, Citadel Advisors LLC and Guggenheim Capital LLC. Company insiders that have bought Core-Mark stock in the last two years include Fraser James Laschinger, Gary F Colter, Gordon Scott Townsen Mckinnon and Robert Douglas Cudney. View Insider Buying and Selling for Core-Mark.

Shares of CORE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CORE stock can currently be purchased for approximately $18.51.

Core-Mark has a market capitalization of $848.31 million and generates $15.69 billion in revenue each year. The business services provider earns $33.50 million in net income (profit) each year or $1.00 on an earnings per share basis. Core-Mark employs 8,413 workers across the globe.

Core-Mark's mailing address is 395 Oyster Point Boulevard Suite 415, South San Francisco CA, 94080. The business services provider can be reached via phone at 650-589-9445 or via email at [email protected]