Equities research analysts expect KapStone Paper and Packaging Corporation (NYSE:KS) to report earnings per share (EPS) of $0.39 for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for KapStone Paper and Packaging Corporation’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.41. KapStone Paper and Packaging Corporation posted earnings of $0.24 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 62.5%. The company is expected to report its next earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that KapStone Paper and Packaging Corporation will report full year earnings of $1.26 per share for the current financial year, with EPS estimates ranging from $1.23 to $1.28. For the next financial year, analysts anticipate that the company will report earnings of $1.55 per share, with EPS estimates ranging from $1.27 to $1.75. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow KapStone Paper and Packaging Corporation.

KapStone Paper and Packaging Corporation (NYSE:KS) last issued its earnings results on Wednesday, October 25th. The basic materials company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.04). KapStone Paper and Packaging Corporation had a net margin of 2.29% and a return on equity of 11.12%. The company had revenue of $868.42 million during the quarter, compared to analysts’ expectations of $839.36 million. During the same period last year, the business posted $0.37 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis.

KS has been the subject of several recent research reports. Stephens initiated coverage on shares of KapStone Paper and Packaging Corporation in a research report on Tuesday, October 24th. They issued an “overweight” rating and a $28.00 target price for the company. Zacks Investment Research raised shares of KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Wednesday, July 19th. Royal Bank Of Canada reissued a “buy” rating and issued a $27.00 target price on shares of KapStone Paper and Packaging Corporation in a research report on Monday, August 21st. Vertical Research upgraded shares of KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating in a research note on Monday, July 3rd. Finally, KeyCorp restated a “hold” rating on shares of KapStone Paper and Packaging Corporation in a research note on Wednesday, October 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. KapStone Paper and Packaging Corporation presently has an average rating of “Hold” and an average target price of $26.38.

KapStone Paper and Packaging Corporation (KS) opened at 22.24 on Tuesday. The firm has a 50-day moving average of $22.48 and a 200-day moving average of $21.92. The stock has a market capitalization of $2.16 billion, a PE ratio of 29.30 and a beta of 2.78. KapStone Paper and Packaging Corporation has a one year low of $17.06 and a one year high of $24.98.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Friday, September 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, September 28th. KapStone Paper and Packaging Corporation’s payout ratio is 53.33%.

A number of large investors have recently modified their holdings of KS. Victory Capital Management Inc. grew its holdings in KapStone Paper and Packaging Corporation by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 5,145 shares of the basic materials company’s stock worth $106,000 after acquiring an additional 771 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in KapStone Paper and Packaging Corporation by 4.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,947 shares of the basic materials company’s stock worth $123,000 after acquiring an additional 239 shares during the last quarter. Riverhead Capital Management LLC grew its holdings in KapStone Paper and Packaging Corporation by 77.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,864 shares of the basic materials company’s stock worth $183,000 after acquiring an additional 3,864 shares during the last quarter. Flinton Capital Management LLC grew its holdings in KapStone Paper and Packaging Corporation by 75.3% during the 2nd quarter. Flinton Capital Management LLC now owns 8,942 shares of the basic materials company’s stock worth $184,000 after acquiring an additional 3,842 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in KapStone Paper and Packaging Corporation by 389.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 9,943 shares of the basic materials company’s stock worth $230,000 after acquiring an additional 7,912 shares during the last quarter. 83.80% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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