About KapStone Paper and Packaging Corporation (NYSE:KS)
KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. The Company operates through two segments: Paper and Packaging, and Distribution. The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets. The Distribution segment, which operates under the Victory and Golden State Container trade names, provides its customers packaging solutions and services and distributes corrugated packaging materials and other specialty packaging products, which include stretch film, void fill, carton sealing tape and other specialty tapes. The Company produces a range of products ranging from basic corrugated shipping containers to specialized packaging. The Company also produces packaging for fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Paper Packaging
- Sub-Industry: Paper Products
- Symbol: NYSE:KS
- CUSIP: 48562P10
- Web: www.kapstonepaper.com
- Market Cap: $2.24 billion
- Outstanding Shares: 96,928,000
- 50 Day Moving Avg: $22.49
- 200 Day Moving Avg: $21.95
- 52 Week Range: $17.06 - $24.98
Sales & Book Value:
- Trailing P/E Ratio: 30.43
- Foreward P/E Ratio: 13.83
- P/E Growth: 1.15
- Annual Revenue: $3.14 billion
- Price / Sales: 0.71
- Book Value: $9.53 per share
- Price / Book: 2.42
- Annual Dividend: $0.40
- Dividend Yield: 1.7%
- EBITDA: $346.91 million
- Net Margins: 2.39%
- Return on Equity: 11.26%
- Return on Assets: 3.10%
- Debt-to-Equity Ratio: 1.70%
- Current Ratio: 2.19%
- Quick Ratio: 1.28%
- Average Volume: 988,994 shs.
- Beta: 2.77
- Short Ratio: 3.58
Frequently Asked Questions for KapStone Paper and Packaging Corporation (NYSE:KS)
What is KapStone Paper and Packaging Corporation's stock symbol?
KapStone Paper and Packaging Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KS."
How often does KapStone Paper and Packaging Corporation pay dividends? What is the dividend yield for KapStone Paper and Packaging Corporation?
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.
How were KapStone Paper and Packaging Corporation's earnings last quarter?
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.
When will KapStone Paper and Packaging Corporation make its next earnings announcement?
Where is KapStone Paper and Packaging Corporation's stock going? Where will KapStone Paper and Packaging Corporation's stock price be in 2017?
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.
What are analysts saying about KapStone Paper and Packaging Corporation stock?
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)
Who are some of KapStone Paper and Packaging Corporation's key competitors?
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).
Who are KapStone Paper and Packaging Corporation's key executives?
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
How do I buy KapStone Paper and Packaging Corporation stock?
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.
What is KapStone Paper and Packaging Corporation's stock price today?
MarketBeat Community Rating for KapStone Paper and Packaging Corporation (NYSE KS)MarketBeat's community ratings are surveys of what our community members think about KapStone Paper and Packaging Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of KapStone Paper and Packaging Corporation stock can currently be purchased for approximately $23.10.
Consensus Ratings for KapStone Paper and Packaging Corporation (NYSE:KS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$26.50 (14.72% upside)|Consensus Price Target History for KapStone Paper and Packaging Corporation (NYSE:KS)
Analysts' Ratings History for KapStone Paper and Packaging Corporation (NYSE:KS)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/21/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$27.00||High|
|8/16/2017||Citigroup Inc.||Initiated Coverage||Buy -> Buy||$25.00||High|
|7/18/2017||BMO Capital Markets||Reiterated Rating||Buy||$28.00||Low|
|7/3/2017||Vertical Research||Upgrade||Hold -> Buy||Low|
|5/1/2017||Barclays PLC||Lower Price Target||Equal Weight||$24.00 -> $22.00||Medium|
|4/25/2017||Deutsche Bank AG||Boost Price Target||Buy||$26.00 -> $28.00||Medium|
|2/21/2017||Bank of America Corporation||Reiterated Rating||Buy||$29.00||N/A|
|11/21/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|10/12/2016||Keefe, Bruyette & Woods||Reiterated Rating||Market Perform||N/A|
|9/19/2016||Dundee Securities||Downgrade||Buy -> Neutral||N/A|
|9/16/2016||Standpoint Research||Downgrade||Buy -> Hold||N/A|
|1/25/2016||Macquarie||Downgrade||Neutral -> Underperform||N/A|
Earnings History for KapStone Paper and Packaging Corporation (NYSE:KS)Earnings History by Quarter for KapStone Paper and Packaging Corporation (NYSE KS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.27||$0.27||$831.52 million||$822.70 million||View||N/A|
|4/26/2017||Q1 2017||$0.22||$0.15||$770.10 million||$765.80 million||View||N/A|
|2/8/2017||Q416||$0.25||$0.24||$760.42 million||$777.00 million||View||Listen|
|11/1/2016||Q316||$0.39||$0.37||$801.55 million||$776.64 million||View||Listen|
|7/27/2016||Q216||$0.30||$0.27||$820.11 million||$784.91 million||View||Listen|
|4/27/2016||Q116||$0.23||$0.23||$763.90 million||$738.00 million||View||Listen|
|2/9/2016||Q415||$0.36||$0.17||$776.37 million||$764.24 million||View||Listen|
|10/28/2015||Q315||$0.40||$0.51||$867.45 million||$807.56 million||View||Listen|
|7/29/2015||Q215||$0.45||$0.44||$590.49 million||$671.00 million||View||Listen|
|5/4/2015||Q115||$0.41||$0.30||$574.90 million||$546.30 million||View||Listen|
|2/9/2015||Q414||$0.43||$0.41||$576.90 million||$563.00 million||View||Listen|
|10/29/2014||Q314||$0.67||$0.59||$604.20 million||$598.10 million||View||Listen|
|7/30/2014||Q214||$0.60||$0.57||$574.30 million||$590.00 million||View||Listen|
|4/30/2014||Q1||$0.42||$0.36||$554.13 million||$549.00 million||View||Listen|
|2/11/2014||Q413||$0.48||$0.45||$555.37 million||$563.00 million||View||Listen|
|10/31/2013||Q313||$0.92||$1.05||$534.96 million||$539.00 million||View||Listen|
|7/31/2013||Q2 2013||$0.44||$0.44||$326.63 million||$326.32 million||View||Listen|
|5/7/2013||Q1 2013||$0.43||$0.42||$311.54 million||$319.80 million||View||Listen|
|2/13/2013||Q4 2012||$0.27||$0.28||$302.68 million||$301.00 million||View||Listen|
|10/30/2012||Q312||$0.49||$0.41||$313.54 million||$309.50 million||View||N/A|
Earnings Estimates for KapStone Paper and Packaging Corporation (NYSE:KS)
2017 EPS Consensus Estimate: $1.55
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for KapStone Paper and Packaging Corporation (NYSE:KS)
|Most Recent Dividend:||10/12/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||51.95% (Trailing 12 Months of Earnings) |
31.50% (Based on This Year's Estimates)
23.95% (Based on Next Year's Estimates)
Dividend History by Quarter for KapStone Paper and Packaging Corporation (NYSE KS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for KapStone Paper and Packaging Corporation (NYSE:KS)
Insider Ownership Percentage: 13.09%Insider Trades by Quarter for KapStone Paper and Packaging Corporation (NYSE:KS)
Institutional Ownership Percentage: 83.89%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/27/2017||Randy J Nebel||VP||Sell||10,000||$24.00||$240,000.00|| |
|5/18/2017||David P Storch||Director||Buy||5,000||$20.00||$100,000.00|| |
|5/11/2017||Jonathan R Furer||Director||Sell||12,484||$21.23||$265,035.32|| |
|5/3/2017||Paula H Cholmondeley||Director||Buy||972||$20.20||$19,634.40|| |
|8/4/2016||Jonathan R Furer||Director||Sell||25,000||$15.09||$377,250.00|| |
|5/16/2016||Maurice S Reznik||Director||Buy||10,000||$14.68||$146,800.00|| |
|2/25/2016||Robert J Bahash||Director||Buy||20,000||$9.21||$184,200.00|| |
|2/24/2016||Matthew H Paull||Director||Buy||10,000||$9.16||$91,600.00|| |
|2/12/2016||Timothy P. Keneally||VP||Buy||36,045||$9.44||$340,264.80|| |
|11/4/2015||John Chapman||Director||Sell||150,000||$21.94||$3,291,000.00|| |
|8/24/2015||Roger W Stone||CEO||Buy||100,000||$20.91||$2,091,000.00|| |
|6/8/2015||Andrea K Tarbox||CFO||Sell||20,549||$26.76||$549,891.24|| |
|6/5/2015||Roger W Stone||CEO||Sell||100,000||$26.52||$2,652,000.00|| |
|5/19/2015||Randy J Nebel||VP||Buy||1,000||$27.60||$27,600.00|| |
|2/26/2015||Antionette Meyers||VP||Sell||4,514||$35.00||$157,990.00|| |
|12/9/2014||Andrea K Tarbox||CFO||Sell||25,000||$30.00||$750,000.00|| |
|11/18/2014||Timothy P Keneally||VP||Sell||23,352||$30.56||$713,637.12|| |
|9/8/2014||Matthew S Kaplan||COO||Sell||350,000||$32.10||$11,235,000.00|| |
|9/3/2014||Ronald J Gidwitz||Director||Sell||10,000||$32.32||$323,200.00|| |
|9/2/2014||Andrea K Tarbox||CFO||Sell||25,000||$31.34||$783,500.00|| |
|8/12/2014||Robert J Bahash||Director||Buy||5,000||$29.92||$149,600.00|| |
|8/5/2014||Andrea K Tarbox||CFO||Sell||69,075||$31.87||$2,201,420.25|| |
|5/27/2014||Jonathan R Furer||Director||Sell||22,750||$28.51||$648,602.50|| |
|5/13/2014||Randy Nebel||VP||Buy||1,000||$27.52||$27,520.00|| |
|3/10/2014||Jonathan Furer||Director||Sell||48,500||$31.99||$1,551,515.00|| |
|3/10/2014||Timothy Keneally||VP||Sell||22,119||$32.08||$709,577.52|| |
|3/7/2014||Andrea Tarbox||CFO||Sell||11,510||$32.10||$369,471.00|| |
|2/28/2014||Roger Stone||CEO||Sell||136,993||$31.70||$4,342,678.10|| |
|2/26/2014||Andrea Tarbox||CFO||Sell||20,000||$31.83||$636,600.00|| |
|12/6/2013||Jonathan Furer||Director||Sell||19,785||$52.00||$1,028,820.00|| |
|11/25/2013||Andrea Tarbox||CFO||Sell||5,000||$52.63||$263,150.00|| |
|11/12/2013||Randy Nebel||VP||Buy||1,000||$50.98||$50,980.00|| |
|9/5/2013||Randy J Nebel||VP||Buy||1,000||$42.09||$42,090.00|| |
|8/8/2013||Andrea Tarbox||CFO||Sell||2,000||$45.50||$91,000.00|| |
|8/7/2013||Andrea Tarbox||CFO||Sell||3,000||$45.30||$135,900.00|| |
|8/5/2013||Timothy Keneally||VP||Sell||68,161||$44.66||$3,044,070.26|| |
|2/22/2013||Andrea K Tarbox||CFO||Sell||7,500||$26.05||$195,375.00|| |
Headline Trends for KapStone Paper and Packaging Corporation (NYSE:KS)
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KapStone Paper and Packaging Corporation (KS) Chart for Sunday, October, 22, 2017