Core-Mark Holding Co. (CORE) Shares Scheduled to Split on Friday, June 27th
Core-Mark Holding Co. (NASDAQ:CORE) shares are set to split on Friday, June 27th, Stock Ratings Network.com reports. The 2-1 split was announced on Wednesday, May 21st. The newly created shares will be issued to shareholders after the closing bell on Thursday, June 26th.
Shares of Core-Mark Holding Co. (NASDAQ:CORE) traded down 0.86% on Thursday, hitting $88.11. 16,520 shares of the company’s stock traded hands. Core-Mark Holding Co. has a 1-year low of $58.81 and a 1-year high of $89.60. The stock has a 50-day moving average of $80.65 and a 200-day moving average of $76.62. The company has a market cap of $1.015 billion and a P/E ratio of 24.96.
Core-Mark Holding Co. (NASDAQ:CORE) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.39 by $0.04. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Analysts expect that Core-Mark Holding Co. will post $4.30 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, May 21st.
Separately, analysts at BB&T Corp. raised their price target on shares of Core-Mark Holding Co. to $86.00 in a research note on Friday, May 9th.
Core-Mark Holding Company, Inc (NASDAQ:CORE) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.
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