Zacks Research Cuts Earnings Estimates for ICF International

Key Points

• Zacks Research lowered its Q2 2026 EPS estimate for ICF International to $1.70 from $1.73, while its broader 2026 estimates remain around the $7-per-share range.
• ICF International’s latest quarterly results missed expectations, posting $1.50 EPS versus the $1.55 consensus and revenue of $437.5 million versus $448.63 million expected; revenue fell 10.3% year over year.
• The stock has mixed signals from analysts and insiders: Weiss Ratings downgraded it to Sell, but director purchases and strong institutional ownership suggest some continued confidence in the company.

ICF International, Inc. (NASDAQ:ICFI - Free Report) - Research analysts at Zacks Research cut their Q2 2026 earnings per share estimates for ICF International in a research report issued to clients and investors on Thursday, May 28th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $1.70 for the quarter, down from their previous forecast of $1.73. The consensus estimate for ICF International's current full-year earnings is $6.98 per share. Zacks Research also issued estimates for ICF International's Q3 2026 earnings at $1.99 EPS, Q4 2026 earnings at $1.84 EPS, FY2026 earnings at $7.03 EPS, Q2 2027 earnings at $1.89 EPS, Q4 2027 earnings at $2.23 EPS and Q1 2028 earnings at $1.92 EPS.

ICF International (NASDAQ:ICFI - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.55 by ($0.05). The company had revenue of $437.50 million for the quarter, compared to analysts' expectations of $448.63 million. ICF International had a net margin of 4.68% and a return on equity of 11.38%. The company's quarterly revenue was down 10.3% compared to the same quarter last year. During the same period last year, the business earned $1.94 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS.

A number of other research firms have also recently issued reports on ICFI. Weiss Ratings cut ICF International from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, April 29th. Barrington Research restated an "outperform" rating and set a $102.00 price objective on shares of ICF International in a research note on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, ICF International has a consensus rating of "Hold" and a consensus price target of $102.33.

ICF International Price Performance

Shares of ICF International stock opened at $69.26 on Friday. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 14.99 and a beta of 0.56. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a 50 day moving average price of $67.85 and a 200-day moving average price of $78.06. ICF International has a one year low of $58.83 and a one year high of $101.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Gabelli Funds LLC boosted its position in shares of ICF International by 17.6% during the 1st quarter. Gabelli Funds LLC now owns 30,000 shares of the business services provider's stock worth $1,959,000 after acquiring an additional 4,500 shares in the last quarter. Systematic Financial Management LP raised its stake in ICF International by 84.9% during the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider's stock valued at $14,138,000 after acquiring an additional 99,442 shares during the last quarter. Jump Financial LLC raised its stake in shares of ICF International by 195.3% during the 4th quarter. Jump Financial LLC now owns 6,756 shares of the business services provider's stock worth $576,000 after buying an additional 4,468 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of ICF International by 62.2% during the 4th quarter. Russell Investments Group Ltd. now owns 21,132 shares of the business services provider's stock worth $1,803,000 after buying an additional 8,104 shares in the last quarter. Finally, Kennedy Capital Management LLC raised its stake in shares of ICF International by 80.7% during the 4th quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider's stock worth $13,877,000 after buying an additional 72,664 shares in the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Handel Michael J. Van acquired 8,000 shares of ICF International stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the transaction, the director owned 24,254 shares in the company, valued at $1,488,953.06. This represents a 49.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Randall Mehl bought 1,100 shares of ICF International stock in a transaction on Friday, March 6th. The stock was acquired at an average price of $74.30 per share, for a total transaction of $81,730.00. Following the transaction, the director directly owned 21,574 shares of the company's stock, valued at approximately $1,602,948.20. This trade represents a 5.37% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.48% of the company's stock.

ICF International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 5th will be issued a $0.14 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%. ICF International's dividend payout ratio (DPR) is presently 12.12%.

About ICF International

ICF International NASDAQ: ICFI, commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF's offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.

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