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 N/A
Sub-IndustryDistributors
SectorBusiness Services
Phone650-589-9445
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.40 billion
Profitability
Miscellaneous
Employees8,413
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Monday, March 4th. Stockholders of record on Tuesday, March 12th will be paid a dividend of $0.11 per share on Friday, March 22nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Monday, March 11th. 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 distributed 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 announced that its Board of Directors has authorized a share 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 shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
How were Core-Mark's earnings last quarter?
Core-Mark Holding Company, Inc. (NASDAQ:CORE) posted its quarterly earnings data on Friday, March, 1st. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.03. The business services provider had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.03 billion. Core-Mark had a net margin of 0.28% and a return on equity of 11.58%. The business's quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.33 earnings per share. 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 FY19 earnings guidance on Friday, March, 1st. The company provided EPS guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.46. The company issued revenue guidance of $16.8-17 billion, compared to the consensus revenue estimate of $16.82 billion.Core-Mark also updated its FY 2019 guidance to $1.50-1.60 EPS.
What price target have analysts set for CORE?
5 brokers have issued 1 year price targets for Core-Mark's stock. Their forecasts range from $30.00 to $43.00. On average, they expect Core-Mark's stock price to reach $37.00 in the next year. This suggests a possible upside of 0.8% from the stock's current price. View Analyst Price Targets for Core-Mark.
What is the consensus analysts' recommendation for Core-Mark?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core-Mark in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Core-Mark.
Has Core-Mark been receiving favorable news coverage?
News headlines about CORE stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Core-Mark earned a news sentiment score of -3.4 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Core-Mark's key competitors?
Some companies that are related to Core-Mark include JCDecaux (JCDXF), Genpact (G), Elastic (ESTC), Dun & Bradstreet (DNB), ManpowerGroup (MAN), Morningstar (MORN), Insperity (NSP), MAXIMUS (MMS), HAVAS (HAVSF), Stericycle (SRCL), INGENICO/ADR (INGIY), TriNet Group (TNET), GDS (GDS), Oc Oerlikon Co. Pfaeffikon (OERLF) and Pluralsight (PS).
What other stocks do shareholders of Core-Mark own?
Who are Core-Mark's key executives?
Core-Mark's management team includes the folowing people:
- Mr. Scott E. McPherson, CEO, Pres & Director (Age 49)
- Mr. Christopher M. Miller, Sr. VP & CFO (Age 58)
- Ms. Jordana D. Kammerud, Sr. VP & Chief HR Officer (Age 42)
- Mr. Christopher K. Hobson, Sr. VP - Eastern Divisions, (Age 50)
- Mr. Matthew J. Tachouet, VP, Chief Accounting Officer & Sec. (Age 43)
Who are Core-Mark's major shareholders?
Core-Mark's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.46%), Dimensional Fund Advisors LP (5.83%), Victory Capital Management Inc. (4.48%), Brown Advisory Inc. (3.27%), Thrivent Financial for Lutherans (2.41%) and Macquarie Group Ltd. (2.33%). Company insiders that own Core-Mark stock include Christopher Hobson, Christopher M Miller, Eric Rolheiser, 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 Royce & Associates LP, Millennium Management LLC, Segall Bryant & Hamill LLC, Two Sigma Investments LP, Prudential Financial Inc., Northern Trust Corp, First Trust Advisors LP and Hsbc Holdings PLC. Company insiders that have sold Core-Mark company stock in the last year include Christopher Hobson, Christopher M Miller, Eric Rolheiser and William Stein. View Insider Buying and Selling for Core-Mark.
Which major investors are buying Core-Mark stock?
CORE stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Norges Bank, Acadian Asset Management LLC, American Century Companies Inc., BlackRock Inc., Copeland Capital Management LLC, Thrivent Financial for Lutherans and Natixis Advisors L.P.. Company insiders that have bought Core-Mark stock in the last two years include Christopher Hobson, 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 $36.72.
How big of a company is Core-Mark?
Core-Mark has a market capitalization of $1.68 billion and generates $16.40 billion in revenue each year. The business services provider earns $45.50 million in net income (profit) each year or $1.39 on an earnings per share basis. Core-Mark employs 8,413 workers across the globe.
What is Core-Mark's official website?
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.
