World Kinect Corporation downgraded by Stifel with a new price target
$WKC
Oil Refining/Marketing
Energy
Stifel downgraded World Kinect Corporation from Buy to Hold and set a new price target of $32.00 from $33.00 previously
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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 |
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
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 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
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, July 31, 2025, at 5:00 p.m. ET to discuss the company's second quarter 2025 results, as well as certain forward-looking information. The company plans to release its second 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 fulfi
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, an increase of approximately 18% over its previous dividend of $0.17 per share. The dividend is payable on July 16, 2025, to shareholders of record on June 17, 2025. "Over the past five years we have returned nearly $500 million to shareholders through dividends and share repurchases," said Ira M. Birns, President and Chief Financial Officer. "Our dividend increase demonstrates our continued commitment to maximizing shareholder value and returning capital to our shareholders." About World Kinect Corporation Headquartered in Miami, Florida, World Ki
8-K/A - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
S-8 - WORLD KINECT CORP (0000789460) (Filer)
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
World Kinect Corporation (NYSE:WKC) today announced the appointment of Jeffrey M. Kottkamp to the Board of Directors of the company. "We are delighted to have Jeff join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "He is an accomplished audit and financial services executive who brings a wealth of accounting and regulatory expertise. Jeff's financial knowledge and auditing and control experience will be a strategic asset to our company." Mr. Kottkamp spent 40 years at Deloitte & Touche USA LLP, an audit, consulting, tax and advisory service provider, before retiring in 2023 after having served as a partner for nearly 30 years. At Deloitte, Mr. Kot
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, July 31, 2025, at 5:00 p.m. ET to discuss the company's second quarter 2025 results, as well as certain forward-looking information. The company plans to release its second 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 fulfi
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, an increase of approximately 18% over its previous dividend of $0.17 per share. The dividend is payable on July 16, 2025, to shareholders of record on June 17, 2025. "Over the past five years we have returned nearly $500 million to shareholders through dividends and share repurchases," said Ira M. Birns, President and Chief Financial Officer. "Our dividend increase demonstrates our continued commitment to maximizing shareholder value and returning capital to our shareholders." About World Kinect Corporation Headquartered in Miami, Florida, World Ki
World Kinect Corporation (NYSE:WKC) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Gross profit of $230 million GAAP net loss of $21 million, or $0.37 per diluted share Adjusted net income of $27 million, or $0.48 per diluted share Generated $114 million of operating cash flow Repurchased $10 million of common stock Adjusted EBITDA of $80 million Year-Over-Year Segment Profitability Aviation – Gross profit of $116 million, an increase of 7%, primarily attributable to improved performance from our operated airport locations in Europe, our physical inventory business, and our business and general aviation activities, partially of