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
Stock Exchange NASDAQ
Industry Groceries, general line
Sub-IndustryDistributors
SectorBusiness Services
SymbolNASDAQ:CORE
CUSIP21868110
Phone650-589-9445
Debt
Debt-to-Equity Ratio0.66
Current Ratio1.92
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio33.49
Forward P/E Ratio27.45
P/E Growth2
Sales & Book Value
Annual Sales$15.69 billion
Price / Sales0.10
Cash Flow$2.3371 per share
Price / Cash14.33
Book Value$12.02 per share
Price / Book2.79
Profitability
EPS (Most Recent Fiscal Year)$1.00
Net Income$33.50 million
Net Margins0.21%
Return on Equity9.56%
Return on Assets3.08%
Miscellaneous
Employees8,413
Outstanding Shares45,930,000
Market Cap$1.45 billion
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 Wednesday, August 8th. Investors of record on Tuesday, August 28th will be given a dividend of $0.10 per share on Friday, September 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Monday, August 27th. 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 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 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 has initiated a share buyback plan on Wednesday, August 30th 2017, which authorizes the company to buyback $40,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.
How were Core-Mark's earnings last quarter?
Core-Mark Holding Company, Inc. (NASDAQ:CORE) issued its quarterly earnings results on Tuesday, August, 7th. The business services provider reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.05. The business services provider had revenue of $4.23 billion for the quarter, compared to analysts' expectations of $4.14 billion. Core-Mark had a net margin of 0.21% and a return on equity of 9.56%. 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, August, 7th. The company provided earnings per share (EPS) guidance of $1.13-1.29 for the period, compared to the Thomson Reuters consensus estimate of $1.15. The company issued revenue guidance of $16.60-16.80 billion, compared to the consensus revenue estimate of $16.70 billion.
What price target have analysts set for CORE?
7 Wall Street analysts have issued 1-year price objectives for Core-Mark's shares. Their forecasts range from $23.00 to $35.00. On average, they anticipate Core-Mark's share price to reach $30.20 in the next year. This suggests that the stock has a possible downside of 9.8%. View Analyst Price Targets for Core-Mark.
What is the consensus analysts' recommendation for Core-Mark?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core-Mark in the last year. There are currently 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Core-Mark.
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. Scott E. McPherson, CEO, Pres & Director (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)
- Mr. Matthew J. Tachouet, VP, Chief Accounting Officer & Sec. (Age 42)
Has Core-Mark been receiving favorable news coverage?
Headlines about CORE stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. 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 and rumor sentiment score of 0.12 on Accern's scale. They also assigned media coverage about the business services provider an impact score of 46.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Core-Mark.
Who are Core-Mark's major shareholders?
Core-Mark's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.09%), Dimensional Fund Advisors LP (5.59%), Royce & Associates LP (5.39%), Brown Advisory Inc. (3.97%), Macquarie Group Ltd. (2.25%) and Millennium Management LLC (1.59%). 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 institutional investors are selling Core-Mark stock?
CORE stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., State of New Jersey Common Pension Fund D, TD Asset Management Inc., Engineers Gate Manager LP, Pinebridge Investments L.P., Arizona State Retirement System and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Core-Mark.
Which institutional investors are buying Core-Mark stock?
CORE stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, Segall Bryant & Hamill LLC, Royce & Associates LP, Renaissance Technologies LLC, Comerica Bank and Citadel Advisors 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 $33.49.
How big of a company is Core-Mark?
Core-Mark has a market capitalization of $1.45 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 (NASDAQ 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.
