KapStone Paper and Packaging Corporation (NYSE:KS) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, October 25th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.

KapStone Paper and Packaging Corporation (NYSE:KS) last released its quarterly earnings data on Wednesday, July 26th. The basic materials company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $822.70 million for the quarter, compared to analyst estimates of $831.52 million. KapStone Paper and Packaging Corporation had a net margin of 2.39% and a return on equity of 11.26%. KapStone Paper and Packaging Corporation’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 earnings per share. On average, analysts expect KapStone Paper and Packaging Corporation to post $1.24 EPS for the current fiscal year and $1.64 EPS for the next fiscal year.

Shares of KapStone Paper and Packaging Corporation (NYSE:KS) opened at 23.12 on Wednesday. KapStone Paper and Packaging Corporation has a 1-year low of $17.06 and a 1-year high of $24.98. The company’s 50-day moving average is $22.32 and its 200 day moving average is $21.93. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 30.46 and a beta of 2.77.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Friday, September 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date was Thursday, September 28th. KapStone Paper and Packaging Corporation’s payout ratio is 51.95%.

A number of equities analysts have recently commented on KS shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $27.00 price objective on shares of KapStone Paper and Packaging Corporation in a report on Monday, August 21st. Zacks Investment Research raised shares of KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a report on Wednesday, July 19th. Vertical Research raised shares of KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating in a report on Monday, July 3rd. BidaskClub downgraded shares of KapStone Paper and Packaging Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $28.00 price objective on shares of KapStone Paper and Packaging Corporation in a report on Tuesday, July 18th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. KapStone Paper and Packaging Corporation presently has an average rating of “Buy” and a consensus target price of $26.29.

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In related news, VP Randy J. Nebel sold 10,000 shares of KapStone Paper and Packaging Corporation stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the vice president now directly owns 47,404 shares of the company’s stock, valued at approximately $1,137,696. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 13.09% of the company’s stock.

About KapStone Paper and Packaging Corporation

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.

Earnings History for KapStone Paper and Packaging Corporation (NYSE:KS)

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