KapStone Paper and Packaging Corporation Company Profile (NYSE:KS)

KapStone Paper and Packaging Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KS."

KapStone Paper and Packaging Corporation announced a quarterly dividend on Friday, August 11th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.10 per share on Thursday, October 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Thursday, September 28th. View KapStone Paper and Packaging Corporation's Dividend History.

KapStone Paper and Packaging Corporation (NYSE:KS) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.27. The business earned $822.70 million during the quarter, compared to the consensus estimate of $831.52 million. KapStone Paper and Packaging Corporation had a return on equity of 11.26% and a net margin of 2.39%. The firm's revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 earnings per share. View KapStone Paper and Packaging Corporation's Earnings History.

KapStone Paper and Packaging Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for KapStone Paper and Packaging Corporation.

9 equities research analysts have issued 1 year target prices for KapStone Paper and Packaging Corporation's stock. Their forecasts range from $22.00 to $29.00. On average, they anticipate KapStone Paper and Packaging Corporation's stock price to reach $26.50 in the next year. View Analyst Ratings for KapStone Paper and Packaging Corporation.

Here are some recent quotes from research analysts about KapStone Paper and Packaging Corporation stock:

• 1. According to Zacks Investment Research, "KAPSTONE PAPER & PACKAGING CORPORATION was formed to effect a business combination with a suitable operating business in the paper, packaging, forest products and related industries. Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of kraft paper and inflatable dunnage bags. The Company is the parent corporation of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and RideRite, an inflatable dunnage bag manufacturer in Fordyce, AR. " (7/29/2017)
• 2. KeyCorp analysts commented, "We maintain our 2017 adj. EBITDA estimate of $423M (consensus was much higher, at $460M), and are introducing a 2018 estimate of $433M. Regarding 2017, KS is now assuming significantly less of an annualized benefit from the October containerboard price increase than was previously the case and, on top of that, is guiding to partial offsets, including 2016 price reductions and the timing of the price increase implementation. KS is also guiding to $21M of fiber cost inflation (implying ~$30-$35/ton higher OCC prices) and $14 million of wage inflation related to the restoration of benefits curtailed in 2016. There are a number of assumptions one needs to make for a 2017 adj. EBITDA bridge, and here are ours: $65M of net pricing benefits (inclusive of better mix from lower exports), $25M of productivity benefits, and $6M from the non-recurrence of Hurricane Matthew, partially offset by $21M of fiber cost inflation, $7M of wage inflation, $14M of inflation from the restoration of benefits, $11M higher maintenance outage expense, and a $4M drag from fewer production tons. That’s how we get to $423M of adj. EBITDA for 2017." (2/8/2017)

Some companies that are related to KapStone Paper and Packaging Corporation include Enbridgeome Fund Holdings (ENF), Buenaventura Mining Company (BVN), Methanex Corporation (MEOH), Versum Materials (VSM), National Steel Company (SID), Ashland Global Holdings (ASH), Gerdau S.A. (GGB), BRP (DOO), Univar (UNVR), Polymetal International PLC (POLY), AngloGold Ashanti Limited (AU), KAZ Minerals PLC (KAZ), Sappi (SPPJY), Cabot Corporation (CBT), Cameco Corporation (CCJ), Ivanhoe Mines Ltd (IVN), Sensient Technologies Corporation (SXT) and PolyOne Corporation (POL).

KapStone Paper and Packaging Corporation's management team includes the folowing people:

• Roger W. Stone, Executive Chairman of the Board
• Matthew S. Kaplan, President, Chief Executive Officer, Chief Operating Officer, Director
• Andrea K. Tarbox, Chief Financial Officer, Executive Vice President
• Randy J. Nebel, Executive Vice President - Integrated Packaging
• Kathryn D. Ingraham, Vice President, General Counsel, Secretary
• Mark A. Niehus, Vice President, Corporate Controller
• Wilbur G. Kessinger, Vice President - Mill Operations (Roanoke Rapids)
• Antionette Meyers, Vice President—Containerboard and Kraft Paper Sales and Marketing
• Michael J. Murphy, Vice President - Strategic Planning and Initiatives
• Robert J. Bahash, Independent Director

Shares of KapStone Paper and Packaging Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of KapStone Paper and Packaging Corporation stock can currently be purchased for approximately $23.10.