ICF International, Inc. Plans Quarterly Dividend of $0.14 (NASDAQ:ICFI)

ICF International, Inc. (NASDAQ:ICFI) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Friday, September 4th will be given a dividend of 0.14 per share by the business services provider on Friday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 4th.

ICF International has a dividend payout ratio of 7.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect ICF International to earn $7.82 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 Price Performance

Shares of NASDAQ:ICFI traded up $10.41 during trading on Friday, hitting $95.72. 264,006 shares of the company were exchanged, compared to its average volume of 283,636. The business’s 50 day moving average is $74.84 and its 200-day moving average is $74.57. The company has a market capitalization of $1.73 billion, a P/E ratio of 20.68 and a beta of 0.51. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. ICF International has a 1-year low of $58.83 and a 1-year high of $101.71.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. The company had revenue of $474.50 million during the quarter, compared to analysts’ expectations of $478.30 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.ICF International’s revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities analysts forecast that ICF International will post 7.01 earnings per share for the current year.

ICF International declared that its board has approved a stock repurchase plan on Thursday, June 25th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

About ICF International

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.