ICF International, Inc. (ICFI) To Go Ex-Dividend on March 28th

ICF International, Inc. (NASDAQ:ICFI) announced a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Stockholders of record on Friday, March 28th will be given a dividend of 0.14 per share by the business services provider on Monday, April 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, March 28th.

ICF International has a dividend payout ratio of 6.3% indicating that its dividend is sufficiently covered by earnings. Equities 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 Trading Down 20.7 %

NASDAQ:ICFI opened at $79.26 on Friday. The firm’s fifty day moving average is $116.03 and its 200-day moving average is $142.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21. ICF International has a 52 week low of $77.02 and a 52 week high of $179.67. The firm has a market cap of $1.49 billion, a P/E ratio of 13.93 and a beta of 0.56.

Wall Street Analyst Weigh In

ICFI has been the topic of several research analyst reports. StockNews.com lowered shares of ICF International from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 27th. Truist Financial cut their target price on shares of ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a research note on Friday, November 22nd. D. Boral Capital reissued an “outperform” rating and set a $174.00 target price on shares of ICF International in a research note on Monday, December 16th. Sidoti raised shares of ICF International from a “neutral” rating to a “buy” rating and set a $185.00 target price on the stock in a research note on Tuesday, November 19th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a research note on Friday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $154.60.

ICF International Company Profile

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.