World Kinect Corporation (WKC)

NYSE: WKC · IEX Real-Time Price · USD
23.01
-1.68 (-6.80%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-6.80%
Market Cap 1.38B
Revenue (ttm) 46.18B
Net Income (ttm) 57.40M
Shares Out 59.85M
EPS (ttm) 0.96
PE Ratio 23.97
Forward PE 9.52
Dividend $0.68 (2.96%)
Ex-Dividend Date Mar 22, 2024
Volume 918,017
Open 22.09
Previous Close 24.69
Day's Range 21.38 - 23.31
52-Week Range 17.69 - 26.83
Beta 1.26
Analysts Hold
Price Target 26.75 (+16.25%)
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]

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 4 analysts, the average rating for WKC stock is "Hold." The 12-month stock price forecast is $26.75, which is an increase of 16.25% from the latest price.

Price Target
$26.75
(16.25% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 day 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 ...

4 weeks 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...

6 weeks 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 ...

6 weeks 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...

7 weeks ago - Business Wire

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...

2 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...

2 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...

3 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
4 months ago - Market Watch

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. ...

4 months ago - Business Wire

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 ...

5 months 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
6 months ago - Benzinga

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...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

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 - ...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

11 months ago - Business Wire

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...

11 months ago - Business Wire