| 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 |
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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
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) 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
World Kinect Corporation (NYSE:WKC) today announced that a wholly owned subsidiary of the company has signed a definitive agreement with Universal Weather and Aviation to acquire their Trip Support Services (TSS) division. The total purchase price is approximately $220 million, consisting of $160 million of cash payable at closing and $60 million payable over four years. Universal Weather, headquartered in Houston, Texas, is a pioneer in trip support services with deep expertise in international travel regulations, logistics, and supply chain management. It serves business and general aviation customers globally. "We're excited to announce the agreement to acquire Universal Weather's TS
World Kinect Corporation (NYSE:WKC) today reported financial results for the second quarter of 2025. Second Quarter 2025 Highlights Gross profit of $232 million GAAP net loss of $339 million, or $6.06 per diluted share Adjusted net income of $33 million, or $0.59 per diluted share Adjusted EBITDA of $87 million Repurchased $35 million of common stock Year-Over-Year Segment Profitability Aviation – Gross profit of $138 million, an increase of 8%, primarily attributable to a higher profit contribution from our operated airport locations in Europe and our business and general aviation activities. Land – Gross profit of $67 million, a decrease of 17%, primarily attrib
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
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Live Leadership Updates
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
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
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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
Morgan Stanley initiated coverage of World Kinect Corporation with a rating of Equal-Weight and set a new price target of $24.00
Raymond James initiated coverage of World Kinect Corporation with a rating of Outperform and set a new price target of $30.00
BofA Securities downgraded World Kinect Corporation from Buy to Underperform and set a new price target of $22.00 from $29.00 previously
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Live finance-specific insights
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
World Kinect Corporation (NYSE:WKC) today announced that a wholly owned subsidiary of the company has signed a definitive agreement with Universal Weather and Aviation to acquire their Trip Support Services (TSS) division. The total purchase price is approximately $220 million, consisting of $160 million of cash payable at closing and $60 million payable over four years. Universal Weather, headquartered in Houston, Texas, is a pioneer in trip support services with deep expertise in international travel regulations, logistics, and supply chain management. It serves business and general aviation customers globally. "We're excited to announce the agreement to acquire Universal Weather's TS
World Kinect Corporation (NYSE:WKC) today reported financial results for the second quarter of 2025. Second Quarter 2025 Highlights Gross profit of $232 million GAAP net loss of $339 million, or $6.06 per diluted share Adjusted net income of $33 million, or $0.59 per diluted share Adjusted EBITDA of $87 million Repurchased $35 million of common stock Year-Over-Year Segment Profitability Aviation – Gross profit of $138 million, an increase of 8%, primarily attributable to a higher profit contribution from our operated airport locations in Europe and our business and general aviation activities. Land – Gross profit of $67 million, a decrease of 17%, primarily attrib
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
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, April 24, 2025, at 5:00 p.m. ET to discuss the company's first quarter 2025 results, as well as certain forward-looking information. The company plans to release its first 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.worldkinect.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 fulfillmen
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 April 16, 2025 to shareholders of record on March 31, 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 more than 150,000 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