FY2026 EPS Estimates for Karat Packaging Lowered by Analyst

Karat Packaging Inc. (NASDAQ:KRTFree Report) – Analysts at William Blair dropped their FY2026 earnings per share estimates for shares of Karat Packaging in a research note issued to investors on Thursday, January 2nd. William Blair analyst R. Merkel now expects that the company will post earnings per share of $1.96 for the year, down from their prior forecast of $2.20. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Karat Packaging’s current full-year earnings is $1.66 per share.

Separately, Stifel Nicolaus boosted their price target on shares of Karat Packaging from $32.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, December 11th.

Get Our Latest Analysis on Karat Packaging

Karat Packaging Price Performance

KRT stock opened at $30.24 on Friday. Karat Packaging has a one year low of $22.51 and a one year high of $33.14. The firm has a 50-day moving average of $30.00 and a two-hundred day moving average of $27.97. The firm has a market capitalization of $605.53 million, a PE ratio of 21.60 and a beta of 1.08. The company has a current ratio of 3.12, a quick ratio of 1.82 and a debt-to-equity ratio of 0.29.

Karat Packaging Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, November 20th. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a yield of 5.29%. Karat Packaging’s dividend payout ratio (DPR) is presently 114.29%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KRT. US Bancorp DE acquired a new stake in Karat Packaging during the third quarter valued at $30,000. Copeland Capital Management LLC purchased a new stake in shares of Karat Packaging during the 3rd quarter worth about $49,000. Nisa Investment Advisors LLC lifted its holdings in shares of Karat Packaging by 497.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,676 shares of the company’s stock valued at $95,000 after buying an additional 3,061 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Karat Packaging by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock valued at $272,000 after buying an additional 387 shares during the last quarter. Finally, Kings Path Partners LLC bought a new stake in shares of Karat Packaging in the 3rd quarter valued at approximately $401,000. 25.20% of the stock is owned by hedge funds and other institutional investors.

Karat Packaging Company Profile

(Get Free Report)

Karat Packaging Inc, together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand.

Further Reading

Receive News & Ratings for Karat Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karat Packaging and related companies with MarketBeat.com's FREE daily email newsletter.