FY2026 EPS Estimate for Karat Packaging Lowered by Analyst

Karat Packaging Inc. (NASDAQ:KRT - Free Report) - Investment analysts at William Blair dropped their FY2026 earnings per share estimates for Karat Packaging in a research report issued to clients and investors on Thursday, January 2nd. William Blair analyst R. Merkel now forecasts that the company will earn $1.96 per share for the year, down from their prior forecast of $2.20. William Blair 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 increased their target price on Karat Packaging from $32.00 to $36.00 and gave the stock a "buy" rating in a research note on Wednesday, December 11th.

Karat Packaging Trading Up 1.3 %

Shares of KRT stock traded up $0.40 on Friday, reaching $30.24. 31,578 shares of the company's stock were exchanged, compared to its average volume of 32,439. The company's fifty day simple moving average is $30.00 and its 200 day simple moving average is $27.97. Karat Packaging has a 52 week low of $22.51 and a 52 week high of $33.14. The company has a current ratio of 3.12, a quick ratio of 1.82 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $605.53 million, a PE ratio of 21.60 and a beta of 1.08.

Karat Packaging Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Stockholders 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 dividend yield of 5.29%. Karat Packaging's dividend payout ratio (DPR) is 114.29%.

Institutional Trading of Karat Packaging

A number of large investors have recently modified their holdings of KRT. US Bancorp DE purchased a new stake in Karat Packaging in the third quarter worth about $30,000. Copeland Capital Management LLC bought a new stake in shares of Karat Packaging in the 3rd quarter valued at about $49,000. Nisa Investment Advisors LLC lifted its position in shares of Karat Packaging by 497.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,676 shares of the company's stock worth $95,000 after purchasing an additional 3,061 shares during the period. Rhumbline Advisers boosted its stake in shares of Karat Packaging by 4.4% during the second quarter. Rhumbline Advisers now owns 9,203 shares of the company's stock valued at $272,000 after purchasing an additional 387 shares in the last quarter. Finally, Kings Path Partners LLC purchased a new position in Karat Packaging during the third quarter valued at approximately $401,000. Hedge funds and other institutional investors own 25.20% of the company's stock.

Karat Packaging Company Profile

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.