ICF International, Inc. (ICFI) To Go Ex-Dividend on December 5th

ICF International, Inc. (NASDAQ:ICFI) announced a quarterly dividend on Thursday, October 30th. Shareholders of record on Friday, December 5th will be given a dividend of 0.14 per share by the business services provider on Friday, January 9th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, December 5th.

ICF International has a payout ratio of 7.8% meaning its dividend is sufficiently covered by earnings. Analysts expect ICF International to earn $8.13 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 6.9%.

ICF International Stock Up 0.8%

Shares of ICFI stock traded up $0.63 on Wednesday, reaching $82.24. 18,533 shares of the company were exchanged, compared to its average volume of 222,701. ICF International has a one year low of $72.03 and a one year high of $136.54. The company has a 50-day moving average of $85.17 and a 200-day moving average of $88.38. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 15.52 and a beta of 0.43.

ICF International (NASDAQ:ICFI) last released its quarterly earnings data on Thursday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.08). ICF International had a net margin of 5.13% and a return on equity of 13.40%. The business had revenue of $465.41 million during the quarter, compared to the consensus estimate of $485.10 million. During the same period last year, the business posted $2.13 earnings per share. The firm’s quarterly revenue was down 10.0% on a year-over-year basis. Analysts anticipate that ICF International will post 7.44 earnings per share for the current year.

Insider Buying and Selling at ICF International

In other news, Director Randall Mehl bought 500 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were purchased at an average price of $77.00 per share, for a total transaction of $38,500.00. Following the completion of the purchase, the director owned 20,474 shares in the company, valued at approximately $1,576,498. This represents a 2.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO James C. M. Morgan sold 2,400 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $95.19, for a total transaction of $228,456.00. Following the sale, the chief operating officer owned 39,704 shares in the company, valued at approximately $3,779,423.76. The trade was a 5.70% decrease in their position. The SEC filing for this sale provides additional information. 1.39% of the stock is owned by company insiders.

Institutional Trading of ICF International

Several institutional investors have recently added to or reduced their stakes in ICFI. EverSource Wealth Advisors LLC boosted its position in shares of ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock valued at $36,000 after buying an additional 403 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of ICF International during the 2nd quarter valued at about $246,000. Anchor Investment Management LLC bought a new stake in shares of ICF International during the 2nd quarter valued at about $249,000. Cornerstone Investment Partners LLC purchased a new stake in shares of ICF International during the 2nd quarter valued at about $270,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in shares of ICF International by 7.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,278 shares of the business services provider’s stock worth $362,000 after purchasing an additional 307 shares during the period. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

About ICF International

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company 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, business, market, business, communication, and technology challenges.