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

ICF International, Inc. (NASDAQ:ICFI) declared a quarterly dividend on Thursday, February 27th, 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 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, March 28th.

ICF International has a dividend payout ratio of 7.7% indicating that 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 Performance

Shares of ICFI opened at $84.11 on Wednesday. ICF International has a one year low of $75.91 and a one year high of $179.67. The business has a fifty day moving average of $104.38 and a 200 day moving average of $133.13. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $1.55 billion, a P/E ratio of 14.78 and a beta of 0.56.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ICFI shares. Canaccord Genuity Group reaffirmed a “hold” rating and set a $100.00 price target (down previously from $200.00) on shares of ICF International in a research report on Friday, February 28th. D. Boral Capital reaffirmed an “outperform” rating and set a $174.00 target price on shares of ICF International in a report on Monday, December 16th. Barrington Research dropped their price target on shares of ICF International from $174.00 to $102.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd. Finally, StockNews.com lowered ICF International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.20.

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.