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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $33.00 → $32.00 | Buy → Hold | Stifel |
| 9/16/2024 | $28.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/21/2024 | $25.00 | Neutral | JP Morgan |
| 11/6/2023 | $24.00 | Equal-Weight | Morgan Stanley |
| 7/6/2023 | $30.00 | Outperform | Raymond James |
| 6/26/2023 | $29.00 → $22.00 | Buy → Underperform | BofA Securities |
World Kinect Corporation (NYSE:WKC) today announced the amendment and extension of its $2 billion senior unsecured credit facility, which includes both a revolving credit facility and a term loan. The maturity date has been extended to November 2030, with an option to further extend to November 2031, subject to lender consent. Led by Bank of America, the facility reflects continued strong support from a diversified syndicate of global financial institutions and reinforces World Kinect's robust liquidity position. "This extension underscores the strength of our credit profile and further supports our ability to deliver long-term value through a sharpened focus on execution and profitable
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2025. Third Quarter 2025 Highlights Gross profit of $250 million GAAP net income of $26 million, or $0.46 per diluted share Adjusted net income of $30 million, or $0.54 per diluted share Adjusted EBITDA of $94 million Generated $116 million of operating cash flow Free cash flow of $102 million Year-Over-Year Segment Profitability Aviation – Gross profit of $143 million, an increase of 11%, primarily attributable to higher profit contribution from our operated airport locations in Europe, increased government sales, and our business and general aviation activities. Land
Chairman & CEO Michael Kasbar to Transition to Executive Chairman John Rau Promoted to President Jose-Miguel (Mike) Tejada Appointed Executive Vice President and Chief Financial Officer World Kinect Corporation (NYSE:WKC), a global energy management, logistics and solutions company, today announced a series of executive leadership appointments. Effective January 1, 2026, the Board of Directors has appointed Ira M. Birns as Chief Executive Officer and as a member of the Board of Directors. Mr. Birns succeeds Michael Kasbar, the company's Chairman and CEO. Mr. Kasbar will transition to Executive Chairman of the Board, effective January 1, 2026. Also effective January 1, 2026, John Rau
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
3 - WORLD KINECT CORP (0000789460) (Issuer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
Chairman & CEO Michael Kasbar to Transition to Executive Chairman John Rau Promoted to President Jose-Miguel (Mike) Tejada Appointed Executive Vice President and Chief Financial Officer World Kinect Corporation (NYSE:WKC), a global energy management, logistics and solutions company, today announced a series of executive leadership appointments. Effective January 1, 2026, the Board of Directors has appointed Ira M. Birns as Chief Executive Officer and as a member of the Board of Directors. Mr. Birns succeeds Michael Kasbar, the company's Chairman and CEO. Mr. Kasbar will transition to Executive Chairman of the Board, effective January 1, 2026. Also effective January 1, 2026, John Rau
World Kinect Corporation (NYSE:WKC) today announced the appointment of Andrea B. Smith to the Board of Directors of the company, effective October 24, 2025. "We are delighted to have Andrea join our Board of Directors," said Michael J. Kasbar, Chairman and Chief Executive Officer. "She is an accomplished financial services executive who brings a wealth of financial, operational and HR expertise." Ms. Smith retired from Bank of America in 2021 after nearly 34 years of service. Ms. Smith most recently served as Bank of America's Chief Administrative Officer, and was a member of Bank of America's executive management team, reporting to its Chief Executive Officer, for more than a decade. P
World Kinect Corporation (NYSE:WKC) today announced the appointment of Greg Piper to the Board of Directors of the company. "We are delighted to have Greg join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "He is an accomplished energy and commodities executive who brings a wealth of operational and management expertise, which will be a strategic asset for our company." Mr. Piper has more than 35 years of successful operational, M&A and business development experience in the global energy, commodity and agriculture sectors. Since 2020, Mr. Piper has served as a senior, independent adviser to executive management, company boards, and investment fu
Stifel downgraded World Kinect Corporation from Buy to Hold and set a new price target of $32.00 from $33.00 previously
Morgan Stanley downgraded World Kinect Corporation from Equal-Weight to Underweight and set a new price target of $28.00
JP Morgan initiated coverage of World Kinect Corporation with a rating of Neutral and set a new price target of $25.00
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2025. Third Quarter 2025 Highlights Gross profit of $250 million GAAP net income of $26 million, or $0.46 per diluted share Adjusted net income of $30 million, or $0.54 per diluted share Adjusted EBITDA of $94 million Generated $116 million of operating cash flow Free cash flow of $102 million Year-Over-Year Segment Profitability Aviation – Gross profit of $143 million, an increase of 11%, primarily attributable to higher profit contribution from our operated airport locations in Europe, increased government sales, and our business and general aviation activities. Land
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, October 23, 2025, at 5:00 p.m. ET to discuss the company's third quarter 2025 results, as well as certain forward-looking information. The company plans to release its third quarter 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.world-kinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulf
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on October 16, 2025 to shareholders of record on September 30, 2025. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillment and related services to customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services. For more information, visit www.world-kinect.com. Vi