World Kinect Corporation (WKC)

NYSE: WKC · Real-Time Price · USD
26.87
-0.52 (-1.90%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.90%
Market Cap 1.56B
Revenue (ttm) 44.41B
Net Income (ttm) 134.40M
Shares Out 58.08M
EPS (ttm) 2.24
PE Ratio 11.99
Forward PE 11.34
Dividend $0.68 (2.53%)
Ex-Dividend Date Sep 30, 2024
Volume 1,790,539
Open 27.10
Previous Close 27.39
Day's Range 26.72 - 27.48
52-Week Range 21.21 - 31.71
Beta 1.29
Analysts Hold
Price Target 30.20 (+12.39%)
Earnings Date Feb 20, 2025

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]

Sector Energy
Founded 1984
Employees 5,289
Stock Exchange NYSE
Ticker Symbol WKC
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for WKC stock is "Hold." The 12-month stock price forecast is $30.2, which is an increase of 12.39% from the latest price.

Price Target
$30.2
(12.39% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 $0.17 per share, which is payable on January 16, 2025...

7 days ago - Business Wire

World Kinect Corporation (WKC) Q3 2024 Earnings Call Transcript

World Kinect Corporation (NYSE:WKC) Q3 2024 Results Earnings Conference Call October 25, 2024 5:00 PM ET Company Participants Braulio Medrano - Senior Director, FP&A and Investor Relations Michael Ka...

2 months ago - Seeking Alpha

World Kinect Corporation Reports Third Quarter 2024 Results

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the third quarter of 2024. Results compared to the same period last year are as follows (unaudited - i...

2 months ago - Business Wire

World Kinect Corporation to Host Third Quarter 2024 Earnings Conference Call on October 24, 2024

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, October 24, 2024, at 5:00 p.m. ET to discuss the comp...

2 months ago - Business Wire

World Kinect Corporation Declares Regular Quarterly Cash Dividend and Announces Additional $200 Million Share Repurchase Authorization

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, which is payable on October 16, 2024...

3 months ago - Business Wire

This Stock Has A 2.43% Yield And Sells For Less Than Book

World Kinect has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, W...

5 months ago - Forbes

World Kinect Corporation (WKC) Q2 2024 Earnings Call Transcript

World Kinect Corporation (NYSE:WKC) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Elsa Ballard - Vice President of Investor Relations & Communications Michael Kasbar ...

5 months ago - Seeking Alpha

World Kinect Corporation Reports Second Quarter 2024 Results

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the second quarter of 2024. Results compared to the same period last year are as follows (unaudited - ...

5 months ago - Business Wire

World Kinect Corporation to Host Second Quarter 2024 Earnings Conference Call on July 25, 2024

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, July 25, 2024, at 5:00 p.m. ET to discuss the company...

6 months ago - Business Wire

World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today it has completed the sale of the Avinode Group, the world's leading air charter sourcing platform, and its portfolio of avi...

8 months ago - Business Wire

World Kinect Corporation (WKC) Q1 2024 Earnings Call Transcript

World Kinect Corporation (NYSE:WKC) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Elsa Ballard - VP, IR and Communication Michael Kasbar - Chairman and CEO Ira Birns...

8 months ago - Seeking Alpha

World Kinect Corporation Reports First Quarter 2024 Results

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the first quarter of 2024. Results compared to the same period last year are as follows (unaudited - i...

8 months ago - Business Wire

World Kinect Corporation to Host First Quarter 2024 Earnings Conference Call on April 25, 2024

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, April 25, 2024, at 5:00 p.m. Eastern Time to discuss ...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

10 months ago - Business Wire

World Kinect Corporation (WKC) Q4 2023 Earnings Call Transcript

World Kinect Corporation (WKC) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

13 stocks that are down for 2023 but may bounce back in 2024 or beyond

Some investors put themselves in “value” or “growth” camps, either preferring to invest in companies trading low to book value, or expected earnings or by some other measure, or preferring to focus on...

Other symbols: APDARECVXGLWJNPRLMTMET
1 year ago - Market Watch

World Kinect: Net Zero Emissions, Reorganization, Beneficial Guidance, And Undervalued

World Kinect Corporation focuses on energy procurement services and products for the transportation industries, with a focus on sustainability and renewable energy solutions. The company has recently ...

1 year ago - Seeking Alpha

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. ...

1 year ago - Business Wire

Top 4 Energy Stocks That Are Set To Fly This Month - Chevron (NYSE:CVX), Dawson Geophysical (NASDAQ:DWSN)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: CVXDWSNSDRL
1 year ago - Benzinga

World Kinect Corporation (WKC) Q3 2023 Earnings Call Transcript

World Kinect Corporation (NYSE:WKC) Q3 2023 Earnings Conference Call October 28, 2023 5:00 PM ET Company Participants Michael Kasbar - Chairman, Chief Executive Officer Ira Birns - Executive Vice Pre...

1 year ago - Seeking Alpha