$1.11 Earnings Per Share Expected for ICF International, Inc. (NASDAQ:ICFI) This Quarter

Equities research analysts predict that ICF International, Inc. (NASDAQ:ICFI – Get Rating) will report earnings of $1.11 per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for ICF International’s earnings, with the highest EPS estimate coming in at $1.16 and the lowest estimate coming in at $1.06. ICF International posted earnings per share of $1.13 during the same quarter last year, which suggests a negative year-over-year growth rate of 1.8%. The company is scheduled to announce its next quarterly earnings results after the market closes on Monday, January 1st.

According to Zacks, analysts expect that ICF International will report full year earnings of $5.25 per share for the current year, with EPS estimates ranging from $5.20 to $5.29. For the next financial year, analysts anticipate that the business will post earnings of $5.80 per share, with EPS estimates ranging from $5.67 to $5.93. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that follow ICF International.

ICF International (NASDAQ:ICFI – Get Rating) last released its quarterly earnings results on Thursday, February 24th. The business services provider reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.18 by $0.01. The business had revenue of $388.00 million for the quarter, compared to analysts’ expectations of $400.47 million. ICF International had a return on equity of 11.83% and a net margin of 4.58%. The company’s revenue was down 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.36 EPS.

A number of research firms recently issued reports on ICFI. StockNews.com raised ICF International from a “hold” rating to a “buy” rating in a research note on Thursday, April 14th. Zacks Investment Research lowered ICF International from a “buy” rating to a “hold” rating and set a $94.00 target price on the stock. in a research note on Tuesday, March 1st. Finally, Truist Financial upped their target price on ICF International from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, January 11th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $117.50.

ICFI stock opened at $99.46 on Thursday. ICF International has a 1 year low of $84.68 and a 1 year high of $108.23. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50 day moving average price is $92.46 and its 200 day moving average price is $97.47. The firm has a market cap of $1.87 billion, a P/E ratio of 26.66 and a beta of 0.75.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 13th. Shareholders of record on Friday, March 25th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend was Thursday, March 24th. ICF International’s dividend payout ratio is presently 15.01%.

Several institutional investors have recently modified their holdings of ICFI. Congress Wealth Management LLC DE purchased a new position in shares of ICF International during the 4th quarter worth $4,689,000. Putnam Investments LLC purchased a new position in shares of ICF International in the 3rd quarter worth $3,656,000. Credit Suisse AG raised its position in shares of ICF International by 159.0% in the 4th quarter. Credit Suisse AG now owns 40,400 shares of the business services provider’s stock worth $4,144,000 after buying an additional 24,801 shares during the period. Congress Asset Management Co. MA raised its position in shares of ICF International by 17.9% in the 1st quarter. Congress Asset Management Co. MA now owns 158,076 shares of the business services provider’s stock worth $14,881,000 after buying an additional 23,999 shares during the period. Finally, Martingale Asset Management L P raised its position in shares of ICF International by 209.2% in the 3rd quarter. Martingale Asset Management L P now owns 16,096 shares of the business services provider’s stock worth $1,438,000 after buying an additional 10,891 shares during the period. 90.40% of the stock is currently owned by institutional investors.

ICF International Company Profile (Get Rating)

ICF International, Inc provides management, marketing, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. It researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, market, business, communication, and technology challenges.

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