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NASDAQ:CORECore-Mark Stock Price, Forecast & News

$27.98
+0.25 (+0.90 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$27.03
Now: $27.98
$28.11
50-Day Range
$23.36
MA: $27.22
$29.64
52-Week Range
$20.93
Now: $27.98
$40.95
Volume254,199 shs
Average Volume334,886 shs
Market Capitalization$1.26 billion
P/E Ratio21.36
Dividend Yield1.72%
Beta0.23
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.30 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.67 billion
Cash Flow$3.06 per share
Book Value$12.91 per share

Profitability

Net Income$57.70 million

Miscellaneous

Employees8,555
Market Cap$1.26 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Core-Mark (NASDAQ:CORE) Frequently Asked Questions

How has Core-Mark's stock been impacted by COVID-19 (Coronavirus)?

Core-Mark's stock was trading at $24.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CORE stock has increased by 13.0% and is now trading at $27.98. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Core-Mark?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core-Mark in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Core-Mark.

When is Core-Mark's next earnings date?

Core-Mark is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Core-Mark.

How were Core-Mark's earnings last quarter?

Core-Mark Holding Company, Inc. (NASDAQ:CORE) announced its quarterly earnings data on Thursday, May, 7th. The business services provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.07. The business services provider had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.83 billion. Core-Mark had a return on equity of 13.94% and a net margin of 0.36%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. View Core-Mark's earnings history.

How often does Core-Mark pay dividends? What is the dividend yield for Core-Mark?

Core-Mark announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, May 22nd will be paid a dividend of $0.12 per share on Friday, June 19th. This represents a $0.48 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, May 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 minted 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.

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

Core-Mark updated its FY20 earnings guidance on Monday, March, 2nd. The company provided earnings per share (EPS) guidance of $1.66-1.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.72. The company issued revenue guidance of $16.9-17.1 billion, compared to the consensus revenue estimate of $17.10 billion.

What price target have analysts set for CORE?

4 analysts have issued 1 year target prices for Core-Mark's stock. Their forecasts range from $28.00 to $35.00. On average, they expect Core-Mark's stock price to reach $32.00 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View analysts' price targets for Core-Mark.

Has Core-Mark been receiving favorable news coverage?

News coverage about CORE stock has trended very positive this week, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Core-Mark earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCore-Mark.

Are investors shorting Core-Mark?

Core-Mark saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 668,300 shares, a drop of 19.2% from the April 30th total of 827,500 shares. Based on an average trading volume of 358,400 shares, the short-interest ratio is currently 1.9 days. Currently, 1.5% of the company's shares are short sold. View Core-Mark's Current Options Chain.

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

Some companies that are related to Core-Mark include Genuine Parts (GPC), Pool (POOL), LKQ (LKQ), Weyco Group (WEYS) and VOXX International (VOXX). View all 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), Verizon Communications (VZ), Intelsat (I), Intel (INTC), Performance Food Group (PFGC), Wells Fargo & Co (WFC), AbbVie (ABBV), Alibaba Group (BABA), Comcast (CMCSA) and Cisco Systems (CSCO).

Who are Core-Mark's key executives?

Core-Mark's management team includes the following 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)

What is Core-Mark's stock symbol?

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

Who are Core-Mark's major shareholders?

Core-Mark's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.96%), Victory Capital Management Inc. (6.65%), Victory Capital Management Inc. (6.65%), Clearbridge Investments LLC (6.35%), Advisory Research Inc. (4.55%) and State Street Corp (3.39%). Company insiders that own Core-Mark stock include Christopher Hobson, Christopher M Miller, Eric Rolheiser, Harvey L Tepner, Laura Jean Flanagan, Mathew J Tachouet 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 Fuller & Thaler Asset Management Inc., Victory Capital Management Inc., Victory Capital Management Inc., BlackRock Inc., Clearbridge Investments LLC, Acadian Asset Management LLC, Nuveen Asset Management LLC, and Russell Investments Group Ltd.. View insider buying and selling activity 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 JPMorgan Chase & Co., State Street Corp, Copeland Capital Management LLC, Bogle Investment Management L P DE, Wellington Management Group LLP, Advisory Research Inc., BNP Paribas Arbitrage SA, and Natixis Advisors L.P.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Core-Mark's stock price today?

One share of CORE stock can currently be purchased for approximately $27.98.

How big of a company is Core-Mark?

Core-Mark has a market capitalization of $1.26 billion and generates $16.67 billion in revenue each year. The business services provider earns $57.70 million in net income (profit) each year or $1.69 on an earnings per share basis. Core-Mark employs 8,555 workers across the globe.

What is Core-Mark's official website?

The official website for Core-Mark is 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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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