ICF International, Inc. (NASDAQ:ICFI) Receives $154.60 Consensus Target Price from Brokerages

ICF International, Inc. (NASDAQ:ICFI) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $140.20.

ICFI has been the subject of a number of research reports. Barrington Research reduced their price objective on ICF International from $174.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday. D. Boral Capital reissued an “outperform” rating and issued a $174.00 price objective on shares of ICF International in a report on Monday, December 16th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $100.00 target price (down from $200.00) on shares of ICF International in a report on Friday, February 28th. Truist Financial cut their price objective on shares of ICF International from $180.00 to $140.00 and set a “hold” rating for the company in a research report on Friday, November 22nd. Finally, StockNews.com cut ICF International from a “buy” rating to a “hold” rating in a report on Monday.

ICF International Trading Up 1.3 %

ICF International stock opened at $81.89 on Friday. The business’s fifty day moving average is $114.47 and its 200 day moving average is $141.21. ICF International has a one year low of $75.91 and a one year high of $179.67. The stock has a market capitalization of $1.51 billion, a PE ratio of 14.39 and a beta of 0.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.21 and a quick ratio of 1.21.

ICF International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Friday, March 28th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Friday, March 28th. ICF International’s dividend payout ratio (DPR) is 9.61%.

Hedge Funds Weigh In On ICF International

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its holdings in ICF International by 13.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after purchasing an additional 58 shares in the last quarter. Chartwell Investment Partners LLC lifted its holdings in shares of ICF International by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider’s stock worth $1,377,000 after buying an additional 67 shares in the last quarter. Torray Investment Partners LLC boosted its position in shares of ICF International by 1.2% during the fourth quarter. Torray Investment Partners LLC now owns 13,100 shares of the business services provider’s stock worth $1,562,000 after acquiring an additional 152 shares during the last quarter. Russell Investments Group Ltd. grew its stake in ICF International by 1.0% during the fourth quarter. Russell Investments Group Ltd. now owns 21,065 shares of the business services provider’s stock valued at $2,511,000 after acquiring an additional 218 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in ICF International by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider’s stock valued at $131,000 after acquiring an additional 339 shares during the last quarter. Institutional investors own 94.12% of the company’s stock.

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.