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 declared a quarterly dividend on Wednesday, August 9th. Investors of record on Tuesday, August 29th will be given a dividend of $0.09 per share on Friday, September 15th. This represents a $0.36 annualized dividend and a yield of 1.20%. The ex-dividend date is Friday, August 25th. View Core-Mark Holding Company's Dividend History.

Shares of Core-Mark Holding Company split before market open on Friday, June 27th 2014. The 2-1 split was announced on Wednesday, May 21st 2014. The newly minted shares were payable 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 has authorized a share buyback plan on Wednesday, August 30th 2017, which allows the company to repurchase $40,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its stock is undervalued.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) released its earnings results on Tuesday, August, 8th. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.11. The business earned $3.80 billion during the quarter, compared to analyst estimates of $3.96 billion. Core-Mark Holding Company had a return on equity of 9.70% and a net margin of 0.27%. The business's quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $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 updated its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $1.20-1.27 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 1 year price targets for Core-Mark Holding Company's stock. Their predictions 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 year. 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. " (8/10/2017)
• 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 On Assignment (ASGN), Green Dot Corporation (GDOT), Sotheby's (BID), Convergys Corporation (CVG), WageWorks (WAGE), TriNet Group (TNET), Verifone Systems (PAY), Envestnet (ENV), Korn/Ferry International (KFY), Herman Miller (MLHR), ExlService Holdings (EXLS), Exponent (EXPO), WNS (Holdings) Limited (WNS), SouFun Holdings Limited (SFUN), TeleTech Holdings (TTEC), Steelcase (SCS), Insperity (NSP) and HNI Corporation (HNI).

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

• Randolph I. Thornton, Independent Chairman of the Board
• Thomas B. Perkins, President, Chief Executive Officer, Director
• Christopher M. Miller CPA, Chief Financial Officer, Senior Vice President
• Christopher K. Hobson, Senior Vice President - Sales and Marketing
• Scott E. McPherson, Senior Vice President — Business Operations and Strategic Opportunities
• 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
• Matt Tachouet, Chief Accounting Officer, Vice President
• Robert A. Allen, Independent Director

Core-Mark Holding Company's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.99%), Vanguard Group Inc. (8.80%), Dimensional Fund Advisors LP (4.52%), Aberdeen Asset Management PLC UK (3.70%), RE Advisers Corp (2.47%) and State Street Corp (2.37%). Company insiders that own Core-Mark Holding Company stock include Christopher L Walsh, Christopher M Miller, Congdon Stacy Loretz, Eric Rolheiser, Harvey L Tepner, J Michael Walsh, Scott E Mcpherson, Thomas B Perkins and William Stein. View Institutional Ownership Trends for Core-Mark Holding Company.

Core-Mark Holding Company's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Dimensional Fund Advisors LP, Neumeier Poma Investment Counsel LLC, JPMorgan Chase & Co., Citadel Advisors LLC, BlackRock Inc., Royce & Associates LP and Wells Fargo & Company MN. Company insiders that have sold Core-Mark Holding Company stock in the last year include Christopher L Walsh, Christopher M Miller, Eric Rolheiser, Scott E Mcpherson, Thomas B Perkins and William Stein. View Insider Buying and Selling for Core-Mark Holding Company.

Core-Mark Holding Company's stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., FMR LLC, Jennison Associates LLC, Bank of New York Mellon Corp, Aberdeen Asset Management PLC UK, NGAM Advisors L.P., Comerica Bank and TimesSquare Capital Management LLC. View Insider Buying and Selling for Core-Mark Holding Company.

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 $29.94.