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 declared a quarterly dividend on Friday, August 11th. Shareholders of record on Friday, September 29th will be given a dividend of $0.10 per share on Thursday, October 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, September 28th. View KapStone Paper and Packaging Corporation's Dividend History.

KapStone Paper and Packaging Corporation (NYSE:KS) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The business earned $822.70 million during the quarter, compared to analysts' expectations of $831.52 million. KapStone Paper and Packaging Corporation had a net margin of 2.39% and a return on equity of 11.26%. The company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 Tuesday, November, 7th 2017. View Earnings Estimates for KapStone Paper and Packaging Corporation.

10 brokerages have issued 12 month target prices for KapStone Paper and Packaging Corporation's shares. Their forecasts range from $22.00 to $29.00. On average, they expect 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 National Steel Company (SID), EVRAZ plc (EVR), United States Steel Corporation (X), Versum Materials (VSM), Ashland Global Holdings (ASH), Cameco Corporation (CCJ), Univar (UNVR), AngloGold Ashanti Limited (AU), Peyto Exploration & Development Corp (PEY), IAMGOLD Corp (IMG), Whitecap Resources (WCP), Polymetal International PLC (POLY), Gold Fields Limited (GFI), Cabot Corporation (CBT), Sappi (SPPJY), Sensient Technologies Corporation (SXT), Parkland Fuel Corp (PKI) and Ivanhoe Mines Ltd (IVN).

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

KapStone Paper and Packaging Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.41%), Vanguard Group Inc. (7.94%), Dimensional Fund Advisors LP (4.97%), JPMorgan Chase & Co. (2.73%), Hodges Capital Management Inc. (2.23%) and State Street Corp (2.15%). Company insiders that own KapStone Paper and Packaging Corporation stock include David P Storch, John Chapman, Jonathan R Furer, Matthew H Paull, Maurice S Reznik, Paula H Cholmondeley, Randy J Nebel, Robert J Bahash and Timothy P Keneally. View Institutional Ownership Trends for KapStone Paper and Packaging Corporation.

KapStone Paper and Packaging Corporation's stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Goldman Sachs Group Inc., American Century Companies Inc., Balyasny Asset Management LLC, Pioneer Investment Management Inc., Prudential Financial Inc., New York State Common Retirement Fund and BlackRock Inc.. Company insiders that have sold KapStone Paper and Packaging Corporation stock in the last year include Jonathan R Furer and Randy J Nebel. View Insider Buying and Selling for KapStone Paper and Packaging Corporation.

KapStone Paper and Packaging Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Westfield Capital Management Co. LP, Voya Investment Management LLC, Caxton Associates LP, Monarch Partners Asset Management LLC, FMR LLC, Alliancebernstein L.P., Ameriprise Financial Inc. and Macquarie Group Ltd.. Company insiders that have bought KapStone Paper and Packaging Corporation stock in the last two years include David P Storch, Matthew H Paull, Maurice S Reznik, Paula H Cholmondeley, Robert J Bahash and Timothy P Keneally. View Insider Buying and Selling for KapStone Paper and Packaging Corporation.

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 $21.90.