KapStone Paper and Packaging Co (NYSE:KS):
KapStone Paper And Packaging Corporation Announces Cash Dividend.
The company is down by -0.32% since yesterday’s close of $18.75.
Additionally KapStone Paper and Packaging Co recently announced a dividend paid on Thursday the 13th of October 2016. The dividend was $0.100 per share for the quarter or $0.40 on an annualized basis. The dividend yield was $2.09. The ex-dividend date was Wednesday the 28th of September 2016.
Shares last traded at $18.69 slightly below the 50 day moving average which is $18.99 and barely above the 200 day moving average of $16.03. The 50 day moving average went down by -1.59% whereas the 200 day average was up by +16.56%.
The P/E ratio is 21.99 and the market cap of the company is 1.80B. In the last earnings report the EPS was $0.85 and is estimated to be $1.19 for the current year with 96,571,000 shares outstanding. Next quarter’s EPS is forecasted at $0.30 and the next full year EPS is projected to be $1.47.
Ratings firms have issued ratings on the company of late. On October 3 the company was set at “Buy” by Bank of America which was a boost from the previous “Neutral” rating. On September 23, 2016 the stock rating was changed to a “Outperform” according to a Deutsche Bank report up from the previous “Hold” rating.
On September 22 the company was rated “Outperform” in a report from BMO Capital which is up from the previous “Market Perform” rating. On September 19, 2016 the stock rating was set at “Neutral” in a report from Dundee a cut from the previous “Buy” rating.
On September 16, 2016 the stock rating was rated “Hold” by Standpoint Research down from the previous “Buy” rating. On August 29 the company was upgraded from “Underperform” to “Neutral” in a statement from Bank of America.