Karat Packaging (KRT) Projected to Post Earnings on Thursday

Posted by Defense World Staff on Mar 6th, 2025

Karat Packaging (NASDAQ:KRT – Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, March 13th. Analysts expect Karat Packaging to post earnings of $0.43 per share and revenue of $102.27 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Karat Packaging Stock Performance

NASDAQ:KRT opened at $29.75 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.82 and a current ratio of 3.12. Karat Packaging has a 52-week low of $23.10 and a 52-week high of $33.89. The firm has a market cap of $595.71 million, a price-to-earnings ratio of 21.25 and a beta of 1.08. The business’s fifty day moving average is $30.32 and its 200 day moving average is $28.64.

Karat Packaging Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.05%. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, February 24th. Karat Packaging’s payout ratio is presently 128.57%.

Analysts Set New Price Targets

A number of brokerages have weighed in on KRT. William Blair lowered Karat Packaging from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 2nd. Stifel Nicolaus upped their target price on Karat Packaging from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th.

Check Out Our Latest Report on Karat Packaging

Karat Packaging Company Profile

(Get Free Report)

Karat Packaging Inc, together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand.