NASDAQ:CORE - Core-Mark Stock Price, News, & Analysis

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$36.39 -0.57 (-1.54 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$36.96
Today's Range$36.2450 - $37.0750
52-Week Range$17.10 - $40.12
Volume345,786 shs
Average Volume314,056 shs
Market Capitalization$1.67 billion
P/E Ratio26.18
Dividend Yield1.19%
Beta0.85
Core-Mark Holding Company, Inc. markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes food products, including fast food, candies, snacks, and groceries, as well as beverages and fresh products, such as sandwiches, juices, salads, produce, dairy, and bread; and non-food products comprising cigars, tobacco, alternative nicotine products, health and beauty care products, and general merchandise and equipment. Its customers include traditional convenience stores comprising national and super-regional convenience store operators, as well as independently owned convenience stores. In addition, the company's alternative outlet customers include various store formats, which comprise 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. It provides its products to 43,000 customer locations through a network of 32 distribution centers in the United States and Canada. The company was founded in 1888 and is headquartered in South San Francisco, California.

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Industry, Sector and Symbol

Industry Groceries, general line
Sub-IndustryDistributors
SectorBusiness Services
Current SymbolNASDAQ:CORE
CUSIP21868110
Phone650-589-9445

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.40 billion
Cash Flow$2.6777 per share
Book Value$12.41 per share

Profitability

Net Income$45.50 million

Miscellaneous

Employees8,087
Market Cap$1.67 billion
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. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.11 per share on Friday, March 22nd. This represents a $0.44 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend 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?

Core-Mark shares split before market open 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 announced that its Board of Directors has approved a stock repurchase program 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 buy up to 3.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were Core-Mark's earnings last quarter?

Core-Mark Holding Company, Inc. (NASDAQ:CORE) released its earnings results on Friday, March, 1st. The business services provider reported $0.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.04. The business services provider had revenue of $4.09 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. View Core-Mark's Earnings History.

When is Core-Mark's next earnings date?

Core-Mark is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Core-Mark.

What guidance has Core-Mark issued on next quarter's earnings?

Core-Mark updated its FY19 earnings guidance on Friday, March, 1st. The company provided earnings per share (EPS) guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 12-month target prices 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 twelve months. This suggests a possible upside of 1.7% 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 coverage about CORE stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Core-Mark earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Core-Mark?

Core-Mark saw a increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,006,131 shares, an increase of 41.0% from the March 29th total of 713,371 shares. Based on an average trading volume of 274,376 shares, the short-interest ratio is currently 3.7 days. Approximately 2.2% of the shares of the company are sold short. View Core-Mark's Current Options Chain.

Who are some of Core-Mark's key competitors?

What other stocks do shareholders of Core-Mark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Core-Mark investors own include Bank of America (BAC), Intelsat (I), Performance Food Group (PFGC), Micron Technology (MU), Associated British Foods (ABF), Fossil Group (FOSL), AMC Entertainment (AMC), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

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 CPA, 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 CPA, 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 institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (1.41%), Strs Ohio (0.06%), Los Angeles Capital Management & Equity Research Inc. (0.04%), BNP Paribas Arbitrage SA (0.03%), Meeder Asset Management Inc. (0.00%) and Investors Research Corp (0.00%). Company insiders that own Core-Mark stock include Christopher Hobson, Christopher M Miller, Eric Rolheiser, Gary F Colter, Gordon Scott Townsen Mckinnon, Harvey L Tepner, Laura Jean Flanagan, Mathew J Tachouet, 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 Strs Ohio and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Core-Mark company stock in the last year include Christopher Hobson, Christopher M Miller, Eric Rolheiser, Harvey L Tepner, Mathew J Tachouet and William Stein. View Insider Buying and Selling for Core-Mark.

Which institutional investors are buying Core-Mark stock?

CORE stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, BNP Paribas Arbitrage SA, Investors Research Corp, Meeder Asset Management Inc. and Versant Capital Management Inc. 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 $36.39.

How big of a company is Core-Mark?

Core-Mark has a market capitalization of $1.67 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 8,087 workers across the globe.

What is Core-Mark's official website?

The official website for Core-Mark is http://www.core-mark.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  272 (Vote Underperform)
Total Votes:  553
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.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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