Core-Mark Holding Company, Inc. markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes various food/non-food products, including cigarettes, fast food, candies, snacks, groceries, fresh products, dairy products, breads, beverages, other tobacco products, general merchandise and equipment, and health and beauty care products. Its customers include traditional convenience stores, such as national and super-regional convenience store operators, as well as independently owned convenience stores; and alternative outlets, which include grocery stores, drug stores, big box or supercenter stores, liquor stores, cigarette and tobacco shops, hotel gift shops, military exchanges, college and corporate campuses, casinos, hardware stores, airport concessions, and other specialty and small format stores that carry convenience products. The company offers its products to 45,000 customer locations through a network of distribution centers in the United States and Canada. Core-Mark Holding Company, Inc. was founded in 1888 and is headquartered in South San Francisco, California.
Industry, Sector and Symbol
Industry Groceries, general line
Sub-IndustryDistributors
SectorBusiness Services
SymbolNASDAQ:CORE
CUSIP21868110
Phone650-589-9445
Debt
Debt-to-Equity Ratio0.81
Current Ratio2.09
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio22.81
Forward P/E Ratio19.17
P/E Growth1.47
Sales & Book Value
Annual Sales$15.69 billion
Price / Sales0.07
Cash Flow$2.2254 per share
Price / Cash10.25
Book Value$12.02 per share
Price / Book1.90
Profitability
EPS (Most Recent Fiscal Year)$1.00
Net Income$33.50 million
Net Margins0.19%
Return on Equity8.47%
Return on Assets2.76%
Miscellaneous
Employees8,413
Outstanding Shares46,150,000
Core-Mark (NASDAQ:CORE) Frequently Asked Questions
What is Core-Mark's stock symbol?
Core-Mark trades on the NASDAQ under the ticker symbol "CORE."
How often does Core-Mark pay dividends? What is the dividend yield for Core-Mark?
Core-Mark announced a quarterly dividend on Tuesday, May 8th. Stockholders of record on Thursday, May 24th will be given a dividend of $0.10 per share on Friday, June 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Wednesday, May 23rd. View Core-Mark's Dividend History.
When did Core-Mark's stock split? How did Core-Mark's stock split work?
Shares of Core-Mark split before market open on Friday, June 27th 2014. The 2-1 split was announced on Wednesday, May 21st 2014. The newly issued 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.
How will Core-Mark's stock buyback program work?
Core-Mark declared that its Board of Directors has initiated a stock buyback plan on Wednesday, August 30th 2017, which allows the company to repurchase $40,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.
How were Core-Mark's earnings last quarter?
Core-Mark Holding Company, Inc. (NASDAQ:CORE) announced its earnings results 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 had revenue of $3.81 billion for 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%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. View Core-Mark's Earnings History.
When is Core-Mark's next earnings date?
What guidance has Core-Mark issued on next quarter's earnings?
Core-Mark issued an update on 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.
What price target have analysts set for CORE?
7 equities research analysts have issued 12-month price targets for Core-Mark's stock. Their predictions range from $21.00 to $31.00. On average, they expect Core-Mark's stock price to reach $25.80 in the next year. View Analyst Ratings for Core-Mark.
Are investors shorting Core-Mark?
Core-Mark saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 1,418,214 shares, a decline of 29.3% from the April 30th total of 2,007,107 shares. Based on an average trading volume of 655,979 shares, the short-interest ratio is currently 2.2 days. Approximately 3.1% of the company's shares are sold short. View Core-Mark's Current Options Chain.
Who are some of Core-Mark's key competitors?
Who are Core-Mark's key executives?
Core-Mark's management team includes the folowing people:
- Mr. Thomas B. Perkins, CEO & Director (Age 58)
- Mr. Scott E. McPherson, Pres & COO (Age 48)
- Mr. Christopher M. Miller, Sr. VP & CFO (Age 57)
- Ms. Jordana D. Kammerud, Sr. VP & Chief HR Officer (Age 41)
- Mr. Christopher K. Hobson, Sr. VP - Western Divisions (Age 49)
Has Core-Mark been receiving favorable news coverage?
News coverage about CORE stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Core-Mark earned a news sentiment score of 0.09 on Accern's scale. They also gave news headlines about the business services provider an impact score of 46.13 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Core-Mark's major shareholders?
Core-Mark's stock is owned by a number of of institutional and retail 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 Hobson, Christopher L Walsh, Christopher M Miller, Eric Rolheiser, Fraser James Laschinger, Gary F Colter, Gordon Scott Townsen Mckinnon, John Dennis Harvey, Laura Jean Flanagan, Robert Douglas Cudney, Scott E Mcpherson, Thomas B Perkins and William Stein. View Institutional Ownership Trends for Core-Mark.
Which major investors are selling Core-Mark stock?
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.. View Insider Buying and Selling for Core-Mark.
Which major investors are buying Core-Mark stock?
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 Christopher Hobson, Fraser James Laschinger, Gary F Colter, Gordon Scott Townsen Mckinnon, Laura Jean Flanagan and Robert Douglas Cudney. View Insider Buying and Selling for Core-Mark.
How do I buy shares of 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.
What is Core-Mark's stock price today?
One share of CORE stock can currently be purchased for approximately $22.81.
How big of a company is Core-Mark?
Core-Mark has a market capitalization of $1.04 billion 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.
How can I contact Core-Mark?
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]
MarketBeat Community Rating for Core-Mark (CORE)
MarketBeat's community ratings are surveys of what our community members think about Core-Mark and other stocks. Vote "Outperform" if you believe CORE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CORE will underperform the S&P 500 over the long term. You may vote once every thirty days.
