Core-Mark Holding Company Company Profile (NASDAQ:CORE)

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

Core-Mark Holding Company announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Tuesday, August 29th will be paid a dividend of $0.09 per share on Friday, September 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, August 25th. View Core-Mark Holding Company's Dividend History.

Core-Mark Holding Company's stock 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 Holding Company stock prior to the split would have 200 shares after the split.

Core-Mark Holding Company declared that its Board of Directors has authorized a stock buyback program on Wednesday, August 30th 2017, which authorizes the company to buyback $40,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.21 EPS for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.11. The company had revenue of $3.80 billion for the quarter, compared to analysts' expectations of $3.96 billion. Core-Mark Holding Company had a return on equity of 9.70% and a net margin of 0.27%. The firm's quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 earnings per share. View Core-Mark Holding Company's Earnings History.

Core-Mark Holding Company is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Core-Mark Holding Company.

Core-Mark Holding Company issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $1.20-1.27 for the period, compared to the Thomson Reuters consensus estimate of $1.48. The company issued revenue guidance of $15.6-15.8 billion, compared to the consensus revenue estimate of $16.24 billion.

4 brokers have issued 12 month target prices for Core-Mark Holding Company's stock. Their forecasts range from $34.00 to $49.00. On average, they expect Core-Mark Holding Company's stock price to reach $39.50 in the next twelve months. View Analyst Ratings for Core-Mark Holding Company.

Here are some recent quotes from research analysts about Core-Mark Holding Company stock:

• 1. According to Zacks Investment Research, "Core-Mark is one of the largest broad-line, full-service wholesale distributors of packaged consumer products to the convenience retail industry in North America. The Core-Mark provides distribution and logistics services as well as marketing programs to retail locations in states and five Canadian provinces through distribution centers. Core-Mark services traditional convenience retailers, grocers, mass merchandisers, drug, liquor and specialty stores, and other stores that carry consumer packaged goods. " (10/10/2017)
• 2. Jefferies Group LLC analysts commented, "Following a 4Q16 miss and soft 2017 guide, we believe expectations have now reset appropriately, and the company can begin rebuilding investor confidence via improved execution and cont'd mkt. share gains. While we appreciate CORE's strategy and L-T EBITDA growth outlook, we remain Hold-rated given lack of notable upside catalysts and valuation that we deem as reasonable." (3/2/2017)

Some companies that are related to Core-Mark Holding Company include Ritchie Bros. Auctioneers Incorporated (RBA), On Assignment (ASGN), Green Dot Corporation (GDOT), Sotheby's (BID), WageWorks (WAGE), Convergys Corporation (CVG), TriNet Group (TNET), Envestnet (ENV), Verifone Systems (PAY), Herman Miller (MLHR), ExlService Holdings (EXLS), TeleTech Holdings (TTEC), Insperity (NSP), SouFun Holdings Limited (SFUN), Exponent (EXPO), WNS (Holdings) Limited (WNS), HNI Corporation (HNI) and Clear Channel Outdoor Holdings (CCO).

Core-Mark Holding Company's management team includes the folowing people:

• Randolph I. Thornton, Independent Chairman of the Board
• Thomas B. Perkins, Chief Executive Officer, Director
• Christopher M. Miller CPA, Chief Financial Officer, Senior Vice President
• Christopher K. Hobson, Senior Vice President - U.S. Distribution (West)
• Scott E. McPherson, President, Chief Operating Officer
• Eric J. Rolheiser, Senior Vice President - Northern Divisions, President of Canada
• William G. Stein, Senior Vice President - Eastern Divisions
• Christopher Lynn Walsh, Senior Vice President - Western Division
• Mathew J Tachouet, Chief Accounting Officer, Vice President
• Robert A. Allen, Independent Director

Shares of Core-Mark Holding Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Core-Mark Holding Company stock can currently be purchased for approximately $33.32.