Karat Packaging (KRT) Projected to Post Quarterly Earnings on Thursday

Posted by Shane Hupp on Mar 12th, 2025

Karat Packaging (NASDAQ:KRT – Get Free Report) is expected to announce its earnings results after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $102.27 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Karat Packaging Trading Down 0.3 %

NASDAQ KRT opened at $29.10 on Wednesday. The firm has a market cap of $582.70 million, a P/E ratio of 20.79 and a beta of 1.08. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.12 and a quick ratio of 1.82. The stock’s 50-day moving average is $30.26 and its 200-day moving average is $28.76. Karat Packaging has a one year low of $23.10 and a one year high of $33.89.

Karat Packaging Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Karat Packaging’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.19%. Karat Packaging’s dividend payout ratio (DPR) is presently 128.57%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Stifel Nicolaus increased their price objective on Karat Packaging from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. William Blair downgraded Karat Packaging from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd.

Get Our Latest Stock Analysis on Karat Packaging

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.