MAY 23·MarketBeat→
Gabelli Funds LLC Buys 15,000 Shares of ICF International, Inc. $ICFI
Gabelli Funds LLC significantly increased its stake in ICF International, purchasing an additional 15,000 shares in the fourth quarter to bring its total holdings to 25,500 shares valued at approximately $2.18 million. This comes despite ICF International reporting earnings that fell short of expectations, with EPS of $1.50 against an estimated $1.55 and revenue of $437.5 million, a 10.3% year-over-year decrease. Institutional investors now hold 94.12% of the company's stock, while insider activity also shows notable purchases by two directors.
MAY 8·MarketBeat→
ICF International, Inc. (NASDAQ:ICFI) Plans $0.14 Quarterly Dividend
ICF International, Inc. (NASDAQ:ICFI) has declared a quarterly dividend of $0.14 per share, payable on July 10th to shareholders of record on June 5th, resulting in a $0.56 annualized payout and a 0.7% yield. Despite missing Q1 EPS and revenue estimates, the company's dividend is well-covered with a low payout ratio of 7.8%. Analysts expect the company to maintain its dividend coverage with a forecasted EPS of $7.01 for the current fiscal year.
