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

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

Core-Mark announced a quarterly dividend on Tuesday, May 8th. Stockholders 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 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend 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 created 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 of Directors has authorized a stock repurchase plan 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 purchase up to 3.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

Core-Mark (NASDAQ:CORE) issued its quarterly earnings results on Tuesday, May, 8th. The business services provider reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The business services provider earned $3.81 billion during the quarter, compared to analyst estimates of $3.80 billion. Core-Mark had a net margin of 0.19% and a return on equity of 8.47%. The business's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $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 (EPS) guidance of $1.13-1.29 for the period, compared to the Thomson Reuters consensus 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 brokerages have issued twelve-month price targets for Core-Mark's shares. Their predictions range from $21.00 to $31.00. On average, they expect Core-Mark's share price to reach $25.80 in the next twelve months. View Analyst Ratings for Core-Mark.

Core-Mark saw a decline in short interest in 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 days-to-cover ratio is presently 2.2 days. Currently, 3.1% of the shares of the stock are short sold.

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 articles about CORE stock have been trending positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Core-Mark earned a news impact score of 0.42 on Accern's scale. They also assigned news coverage about the business services provider an impact score of 45.30 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Core-Mark's stock is owned by a number of 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 acquired 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 $18.41.

Core-Mark has a market capitalization of $851.54 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]