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

$33.42
+1.01 (+3.12 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$32.58
Now: $33.42
$33.71
50-Day Range
$32.22
MA: $37.39
$40.81
52-Week Range
$22.53
Now: $33.42
$40.95
Volume143,100 shs
Average Volume237,936 shs
Market Capitalization$1.53 billion
P/E Ratio24.04
Dividend Yield1.37%
Beta0.76
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. Read More…

Industry, Sector and Symbol

Industry Groceries, general line
Sub-IndustryDistributors
SectorBusiness Services
Current SymbolNASDAQ:CORE
CUSIP21868110
Phone940-293-8600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.40 billion
Cash Flow$2.8322 per share
Book Value$12.66 per share

Profitability

Net Income$45.50 million

Miscellaneous

Employees8,087
Market Cap$1.53 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, August 7th. Stockholders of record on Thursday, August 22nd will be paid a dividend of $0.11 per share on Friday, September 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Wednesday, August 21st. 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 on the morning of Friday, June 27th 2014. The 2-1 split was announced on Wednesday, May 21st 2014. The newly issued shares were payable to shareholders after the closing bell 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 has authorized a stock buyback plan on Wednesday, August 30th 2017, which authorizes the company to repurchase $40,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Core-Mark's earnings last quarter?

Core-Mark Holding Company, Inc. (NASDAQ:CORE) released its earnings results on Wednesday, August, 7th. The business services provider reported $0.50 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.06. The business services provider earned $4.30 billion during the quarter, compared to the consensus estimate of $4.31 billion. Core-Mark had a net margin of 0.33% and a return on equity of 13.11%. The company's quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. 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, November 5th 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 Wednesday, August, 7th. The company provided EPS guidance of $1.50-$1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59.

What price target have analysts set for CORE?

4 analysts have issued 1 year price objectives for Core-Mark's shares. Their predictions range from $30.00 to $43.00. On average, they expect Core-Mark's share price to reach $37.50 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Core-Mark.

What is the consensus analysts' recommendation for Core-Mark?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core-Mark in the last year. There are currently 2 hold ratings and 2 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 been trending negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog 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 coverage optimism score of -2.3 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Core-Mark.

Are investors shorting Core-Mark?

Core-Mark saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,627,400 shares, an increase of 7.0% from the June 15th total of 1,521,400 shares. Based on an average daily trading volume, of 274,700 shares, the days-to-cover ratio is currently 5.9 days. Approximately 3.7% of the shares of the stock are short sold. 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), Associated British Foods (ABF), Fossil Group (FOSL), AMC Entertainment (AMC), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Micron Technology (MU).

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. William G. Stein, Sr. VP of Enterprise Growth (Age 49)

Who are Core-Mark's major shareholders?

Core-Mark's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.36%), Vanguard Group Inc. (11.08%), Victory Capital Management Inc. (3.50%), JPMorgan Chase & Co. (2.74%), Prudential Financial Inc. (1.82%) and Northern Trust Corp (1.71%). Company insiders that own Core-Mark stock include Christopher Hobson, Christopher M Miller, Eric Rolheiser, Gary F Colter, Harvey L Tepner, Laura Jean Flanagan, Mathew J Tachouet, Robert Douglas Cudney 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 Brown Advisory Inc., RE Advisers Corp, Victory Capital Management Inc., JPMorgan Chase & Co., A.R.T. Advisors LLC, First Trust Advisors LP, Systematic Financial Management LP and Cubist Systematic Strategies LLC. 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prudential Financial Inc., Invesco Ltd., Vanguard Group Inc., Renaissance Technologies LLC, Grantham Mayo Van Otterloo & Co. LLC, Copeland Capital Management LLC and Bank of America Corp DE. Company insiders that have bought Core-Mark stock in the last two years include Christopher Hobson, Gary F Colter, 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 $33.42.

How big of a company is Core-Mark?

Core-Mark has a market capitalization of $1.53 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.View Additional Information About Core-Mark.

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 1500 Solana Boulevard Suite 3400, Westlake TX, 76262. The business services provider can be reached via phone at 940-293-8600 or via email at [email protected]


MarketBeat Community Rating for Core-Mark (NASDAQ CORE)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  600
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 8/17/2019 by MarketBeat.com Staff

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