Arko Corp. (ARKO)
| Market Cap | 963.67M |
| Revenue (ttm) | 9.36B |
| Net Income (ttm) | 40.35M |
| Shares Out | 116.81M |
| EPS (ttm) | 0.35 |
| PE Ratio | 23.57 |
| Forward PE | 26.59 |
| Dividend | $0.12 (1.46%) |
| Ex-Dividend Date | Nov 16, 2023 |
| Volume | 227,944 |
| Open | 8.22 |
| Previous Close | 8.19 |
| Day's Range | 8.19 - 8.30 |
| 52-Week Range | 6.70 - 9.10 |
| Beta | 0.32 |
| Analysts | Buy |
| Price Target | 8.58 (+4.0%) |
| Earnings Date | Feb 26, 2024 |
About ARKO
Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPM Petroleum segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards. Its GPM Petroleum segment supplies fuel to retail and wholesale segments. The company is based in Richmond, Virginia. [Read more]
Financial Performance
In 2022, Arko Corp.'s revenue was $9.14 billion, an increase of 23.26% compared to the previous year's $7.42 billion. Earnings were $66.00 million, an increase of 23.44%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ARKO stock is "Buy." The 12-month stock price forecast is $8.58, which is an increase of 4.00% from the latest price.
News
ARKO Corp. Appoints Robert Giammatteo as Chief Financial Officer
RICHMOND, Va., Dec. 21, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, tod...
ARKO Corp. Reports Third Quarter 2023 Results
RICHMOND, Va., Nov. 06, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, tod...
ARKO to Report Third Quarter 2023 Financial Results on November 6, 2023
RICHMOND, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) today announced that the Company will report results for the third quarter ended September 30th, on Monday, N...
Richard Guidry Named Senior Vice President of Food Service at GPM Investments, LLC
RICHMOND, Va., Oct. 03, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest operators of convenience stores and wholesalers of fu...
ARKO Corp. Reports Second Quarter 2023 Results
Strong Quarter Led by Higher Merchandise Contribution and Acquisitions Strong Quarter Led by Higher Merchandise Contribution and Acquisitions
ARKO Corp. Declares Quarterly Dividend
RICHMOND, Va., Aug. 04, 2023 (GLOBE NEWSWIRE) -- ARKO Corp.'s (Nasdaq: ARKO) (the “Company”) Board of Directors has declared a quarterly dividend of $0.03 per share of common stock to be paid on Septe...
ARKO to Report Second Quarter 2023 Financial Results on August 7, 2023
RICHMOND, Va., July 25, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) today announced that the Company will report results for the second quarter ended June 30, 2023, on Monday, A...
ARKO Corp. Ranked at No. 460 on the Fortune 500 List of America's Largest Companies
Prestigious recognition highlights ARKO's successful growth strategy Prestigious recognition highlights ARKO's successful growth strategy
ARKO Corp. Closes 24th Acquisition Since 2013, Expands its Retail and Fleet Fueling Segments with Purchase of Uncle's Convenience Stores and GASCARD from WTG Fuels
Acquisition grows ARKO's Southwestern footprint in key Texas and New Mexico markets, increasing store count and significantly expanding the Company's fleet fueling operations. Acquisition grows ARKO's...
ARKO Corp. Increases its Original Share Repurchase Program From $50 Million to $100 Million as ARKO Continues to Have Strong Fundamentals, Liquidity, and Growth Prospects
RICHMOND, Va., May 16, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, toda...
ARKO Corp. Reports First Quarter 2023 Results
Strong Quarter Led by Higher Merchandise Contribution and Acquisitions Strong Quarter Led by Higher Merchandise Contribution and Acquisitions
ARKO to Report First Quarter 2023 Financial Results on May 8, 2023
RICHMOND, Va., April 24, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (the “Company”) today announced that the Company will report results for the first quarter ended March 31, 2023, on Monday, ...
TA cites past dealings, once again rejects Arko's acquisition bid
TravelCenters of America's latest rejection of the acquisition offer made by convenience store operator Arko revealed the two companies have a history — and it isn't a good one. TA's latest rejection ...
Large TA shareholder wants board to give Arko same data access as BP
A significant shareholder in TravelCenters of America is asking the truckstop chain to speak with convenience store chain Arko about the latter's bid for TA, which is for a higher per share price than...
Arko still pushing to acquire TA, looking to solidify credit standing
Arko is not giving up in its battle to acquire truck stop giant TravelCenters of America, which has said repeatedly it wants to be bought by oil giant BP. In a letter sent to TA (NASDAQ: TA) managemen...
ARKO Corp. Subsidiary GPM Investments Launches a Major Upgrade to its fas REWARDS Loyalty App
New fas REWARDS app introduces state-of-the-art features and exclusive deals and savings New fas REWARDS app introduces state-of-the-art features and exclusive deals and savings
TA again rejects Arko bid, plans to proceed with acquisition by BP
TravelCenters of America has shut the door on any further talks with Arko Corp. about its acquisition bid for the truck stop operator and will proceed with its plan to be bought by BP. In a proxy stat...
Arko says it can finance TA acquisition at price higher than BP offer
Convenience store operator Arko is not giving up its quest to acquire TravelCenters of America, despite the fact that TA's directors have voted unanimously to recommend TA sell to international oil gi...
ARKO Corp. Details Significant Updates Provided to Travel Center of America's Board on Superior Acquisition Proposal
Superior Proposal of $92 per share backed by additional capacity, underscoring ARKO's confidence in obtaining financing for a potential transaction Superior Proposal of $92 per share backed by additio...
TA: Arko's credit rating doesn't meet requirement for acquisition
TravelCenters of America has again rejected the bid of convenience store operator Arko, citing debt ratings of its respective suitors to stick with the bid by BP to acquire the truck stop chain. Arko ...
TravelCenters of America Confirms ARKO Corp. Proposal is Not Superior to the Previously Announced BP Transaction
WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today confirmed that the Board of Directors (the “Board”) previously reviewed and determined that the conditional, unsolicit...
‘Acquisitive' convenience store chain Arko reveals itself as late TA bidder
A company whose market capitalization isn't even $1 billion is going up against one of the world's biggest energy companies to acquire TravelCenters of America. Convenience store operator ARKO (NASDAQ...
Arko reveals it's a rival bidder for TravelCenters of America
Arko Corp. ARKO, +0.60% on Monday disclosed that it was the company that submitted a rival offer of $92 a share for TravelCenters of America Inc. TA, +0.88% . TravelCenters of America made the $92 off...
ARKO Corp. Urges Travel Center of America's Board to Consider Superior Acquisition Proposal
ARKO's proposal to offer $92 per share should be seriously considered by TravelCenters of America's Board of Directors ARKO's proposal to offer $92 per share should be seriously considered by TravelCe...
ARKO Corp. Announces Participation in Raymond James 44th Annual Institutional Investors Conference
RICHMOND, Va., March 06, 2023 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, to...