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Karat Packaging (KRT) News Today

$28.54
+0.12 (+0.42%)
(As of 05/31/2024 ET)
Karat Packaging (NASDAQ:KRT) Announces Earnings Results
Karat Packaging (NASDAQ:KRT - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.04). The business had revenue of $95.61 million during the quarter, compared to analysts' expectations of $99.76 million. Karat Packaging had a return on equity of 22.54% and a net margin of 8.00%. During the same quarter last year, the company posted $0.45 EPS.
Karat Packaging (NASDAQ:KRT) Shares Gap Down Following Weak Earnings
Karat Packaging (NASDAQ:KRT) Shares Gap Down Following Weak Earnings
Karat Packaging Inc. (NASDAQ:KRT) Raises Dividend to $0.35 Per Share
Karat Packaging Inc. (NASDAQ:KRT) announced a quarterly dividend on Tuesday, May 7th. Investors of record on Friday, May 17th will be paid a dividend of 0.35 per share on Friday, May 24th. This represents a $1.40 annualized dividend and a yield of 4.88%. The ex-dividend date is Thursday, May 16th. This is an increase from Karat Packaging's previous quarterly dividend of $0.30.
Karat Packaging Inc. (NASDAQ:KRT) Shares Purchased by Los Angeles Capital Management LLC
Los Angeles Capital Management LLC increased its stake in Karat Packaging Inc. (NASDAQ:KRT - Free Report) by 93.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,258 shares of the company's stock aft
American Century Companies Inc. Cuts Stock Holdings in Karat Packaging Inc. (NASDAQ:KRT)
American Century Companies Inc. reduced its position in shares of Karat Packaging Inc. (NASDAQ:KRT - Free Report) by 23.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 348,408 shares of the
Karat Packaging's (KRT) Buy Rating Reaffirmed at Stifel Nicolaus
Stifel Nicolaus reaffirmed a "buy" rating and set a $32.00 target price (up from $30.00) on shares of Karat Packaging in a report on Friday.
Truist Financial Increases Karat Packaging (NASDAQ:KRT) Price Target to $33.00
Truist Financial raised their price objective on shares of Karat Packaging from $24.00 to $33.00 and gave the stock a "buy" rating in a report on Friday.
Karat Packaging: Q4 Earnings Insights
Karat Packaging's Earnings: A Preview
3 Tiny Stocks Capable of 100% Explosions
Karat Packaging (NASDAQ:KRT) Hits New 52-Week High at $30.73
Karat Packaging (NASDAQ:KRT) Hits New 52-Week High at $30.73
Ancora Advisors LLC Has $617,000 Stock Holdings in Karat Packaging Inc. (NASDAQ:KRT)
Ancora Advisors LLC cut its position in shares of Karat Packaging Inc. (NASDAQ:KRT - Free Report) by 67.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,772 shares of the company's
Karat Packaging (NASDAQ:KRT) Hits New 52-Week High at $28.95
Karat Packaging (NASDAQ:KRT) Sets New 12-Month High at $28.95
Janney Montgomery Scott LLC Takes $477,000 Position in Karat Packaging Inc. (NASDAQ:KRT)
Janney Montgomery Scott LLC purchased a new position in shares of Karat Packaging Inc. (NASDAQ:KRT - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,680 shares of the company's stock, valued at approximate
Karat Packaging Inc. (NASDAQ:KRT) Shares Purchased by Acadian Asset Management LLC
Acadian Asset Management LLC boosted its stake in Karat Packaging Inc. (NASDAQ:KRT - Free Report) by 484.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 183,620 shares of the company's stock after acquiring an addition
EAM Investors LLC Makes New $1.39 Million Investment in Karat Packaging Inc. (NASDAQ:KRT)
EAM Investors LLC purchased a new stake in Karat Packaging Inc. (NASDAQ:KRT - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 60,268 shares of the company's stock, valued at approximately $1,390,000. EAM Investors LLC owned 0.30% of Karat
Short Interest in Karat Packaging Inc. (NASDAQ:KRT) Rises By 6.4%
Karat Packaging Inc. (NASDAQ:KRT - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 99,800 shares, an increase of 6.4% from the January 15th total of 93,800 shares. Based on an average daily volume of 70,200 shares, the short-interest ratio is presently 1.4 days. Approximately 1.5% of the shares of the stock are short sold.
Karat Packaging (NASDAQ:KRT) Sets New 12-Month High After Dividend Announcement
Karat Packaging (NASDAQ:KRT) Hits New 12-Month High After Dividend Announcement
Karat Packaging Inc. (NASDAQ:KRT) Announces Quarterly Dividend of $0.30
Karat Packaging Inc. (NASDAQ:KRT) announced a quarterly dividend on Thursday, February 8th. Investors of record on Wednesday, February 21st will be paid a dividend of 0.30 per share on Thursday, February 29th. This represents a $1.20 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date is Tuesday, February 20th. This is a positive change from Karat Packaging's previous quarterly dividend of $0.20.
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KRT Media Mentions By Week

KRT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

KRT
News Sentiment

1.43

0.68

Average
Industrial Products
News Sentiment

KRT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

KRT Articles
This Week

2

2

KRT Articles
Average Week

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This page (NASDAQ:KRT) was last updated on 6/1/2024 by MarketBeat.com Staff

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