World Kinect Corporation (WKC)
Market Cap | 1.58B |
Revenue (ttm) | 47.71B |
Net Income (ttm) | 52.90M |
Shares Out | 59.85M |
EPS (ttm) | 0.86 |
PE Ratio | 30.77 |
Forward PE | 11.07 |
Dividend | $0.68 (2.57%) |
Ex-Dividend Date | Mar 22, 2024 |
Volume | 1,123,477 |
Open | 26.02 |
Previous Close | 25.92 |
Day's Range | 26.02 - 26.55 |
52-Week Range | 17.69 - 26.55 |
Beta | 1.26 |
Analysts | Hold |
Price Target | 26.25 (-0.79%) |
Earnings Date | Apr 25, 2024 |
About WKC
World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform. The Land segment offers fuel, lubricants, heating oil, and related products and services to retail petro... [Read more]
Financial Performance
In 2023, World Kinect's revenue was $47.71 billion, a decrease of -19.19% compared to the previous year's $59.04 billion. Earnings were $52.90 million, a decrease of -53.64%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for WKC stock is "Hold." The 12-month stock price forecast is $26.25, which is a decrease of -0.79% from the latest price.
News
World Kinect Corporation Highlights Growth Strategy and Financial Outlook During 2024 Investor Day
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) (“World Kinect” or the “Company”) today hosted its 2024 Investor Day, during which the Company discussed its unique position in a large glo...
World Kinect Corporation Announces Sale of the Avinode Group and Portfolio of Aviation Software Products for approximately $200 million
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today it has signed a definitive agreement to sell the Avinode Group, the world's leading air charter sourcing platform, and its ...
World Kinect Corporation Increases Regular Quarterly Cash Dividend by 21%
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, an increase of approximately 21% ove...
World Kinect Corporation Reports Fourth Quarter and Full Year 2023 Results
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the fourth quarter and full year 2023. Results compared to the same period last year are as follows (u...
World Kinect to Present at the Raymond James & Associates' 45th Annual Institutional Investors Conference on March 5, 2024
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its Chief Financial Officer, Ira Birns, will present on Tuesday, March 5, 2024, at the Raymond James & Associates' 45t...
World Kinect Corporation to Host Fourth Quarter and Full Year 2023 Earnings Conference Call on February 22, 2024
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, February 22, 2024, at 5:00 p.m. Eastern Time to discu...
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World Kinect Corporation to Host Investor Day on March 13, 2024
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today it will host an Investor Day on March 13, 2024 at 8:30AM at the JW Marriott Essex House in New York City, and via webcast. ...
World Kinect Corporation Declares Regular Quarterly Cash Dividend
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on January 16, 2024 ...
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World Kinect Corporation Reports Third Quarter 2023 Results
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the third quarter of 2023. Results compared to the same period last year are as follows (unaudited - i...
World Kinect Corporation to Host Third Quarter 2023 Earnings Conference Call
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, October 26, 2023 at 5:00 p.m. Eastern Time to discuss ...
World Kinect Corporation Reports Second Quarter 2023 Results
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the second quarter of 2023. Results compared to the same period last year are as follows (unaudited - ...
World Kinect Corporation to Host Second Quarter 2023 Earnings Conference Call
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, July 27, 2023 at 5:00 p.m. Eastern Time to discuss the...
World Kinect Corporation Reduces Borrowing Costs with Closing of $350 Million 3.250% Convertible Senior Notes due 2028
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) (“World Kinect” or the “Company”) announced that on June 26, 2023 it closed its previously announced private offering of $350 million aggreg...
World Kinect Corporation Announces Upsize and Pricing of Offering of $300 Million 3.250% Convertible Senior Notes due 2028
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) (“World Kinect” or the “Company”) announced today the upsize and pricing of its private offering of $300 million aggregate principal amount ...
World Kinect Corporation Announces Proposed Offering of $250 Million Convertible Senior Notes due 2028
MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE:WKC) (“World Kinect” or “the Company”) announced today that it intends to offer, subject to market and other conditions, $250 million aggregate p...