ICF International, Inc. (NASDAQ:ICFI – Get Free Report) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, June 5th will be given a dividend of 0.14 per share by the business services provider on Friday, July 10th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, June 5th.
ICF International has a dividend payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ICF International to earn $7.75 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 7.2%.
ICF International Stock Up 0.4%
ICF International stock opened at $74.80 on Friday. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 15.12 and a beta of 0.56. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.27 and a quick ratio of 1.27. ICF International has a fifty-two week low of $64.34 and a fifty-two week high of $101.71. The firm has a fifty day moving average price of $70.28 and a two-hundred day moving average price of $80.11.
Wall Street Analyst Weigh In
A number of research firms have weighed in on ICFI. Truist Financial boosted their target price on shares of ICF International from $82.00 to $90.00 and gave the stock a “hold” rating in a research report on Wednesday, January 14th. Barrington Research reissued an “outperform” rating and set a $102.00 target price on shares of ICF International in a research report on Wednesday, March 4th. Finally, Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, ICF International presently has an average rating of “Hold” and an average price target of $102.33.
ICF International Company Profile
ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.
Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.
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