FY2026 EPS Estimates for Karat Packaging Reduced by Analyst

Karat Packaging Inc. (NASDAQ:KRT) – Equities research analysts at William Blair reduced their FY2026 earnings per share (EPS) estimates for shares of Karat Packaging in a research report issued on Thursday, January 2nd. William Blair analyst R. Merkel now forecasts that the company will post earnings of $1.96 per share for the year, down from their previous forecast of $2.20. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Karat Packaging’s current full-year earnings is $1.66 per share.

Separately, Stifel Nicolaus upped their price objective on shares of Karat Packaging from $32.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, December 11th.

Karat Packaging Stock Down 1.4 %

Shares of NASDAQ KRT opened at $29.84 on Friday. Karat Packaging has a 52-week low of $22.51 and a 52-week high of $33.14. The company’s 50-day simple moving average is $29.93 and its 200-day simple moving average is $27.96. The company has a quick ratio of 1.82, a current ratio of 3.12 and a debt-to-equity ratio of 0.29. The firm has a market cap of $597.52 million, a price-to-earnings ratio of 21.31 and a beta of 1.08.

Institutional Investors Weigh In On Karat Packaging

Several large investors have recently modified their holdings of KRT. Rhumbline Advisers lifted its position in shares of Karat Packaging by 4.4% in the second quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock valued at $272,000 after acquiring an additional 387 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Karat Packaging by 5.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,720 shares of the company’s stock valued at $511,000 after purchasing an additional 1,053 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Karat Packaging by 4.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 28,488 shares of the company’s stock worth $738,000 after purchasing an additional 1,148 shares during the last quarter. US Bancorp DE acquired a new position in shares of Karat Packaging in the 3rd quarter worth approximately $30,000. Finally, Ellsworth Advisors LLC increased its stake in Karat Packaging by 6.8% during the third quarter. Ellsworth Advisors LLC now owns 21,783 shares of the company’s stock valued at $564,000 after purchasing an additional 1,381 shares during the last quarter. Hedge funds and other institutional investors own 25.20% of the company’s stock.

Karat Packaging Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.40 per share. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.60 annualized dividend and a yield of 5.36%. Karat Packaging’s payout ratio is 114.29%.

Karat Packaging Company Profile

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.