Previous close | 28.94 |
Open | 27.75 |
Bid | 26.49 x 100 |
Ask | 26.90 x 100 |
Day's range | 25.82 - 28.05 |
52-week range | 14.74 - 30.94 |
Volume | |
Avg. volume | 48,445 |
Market cap | 533.452M |
Beta (5Y monthly) | 1.04 |
PE ratio (TTM) | 16.39 |
EPS (TTM) | 1.63 |
Earnings date | 07 Aug 2024 - 12 Aug 2024 |
Forward dividend & yield | 1.40 (4.85%) |
Ex-dividend date | 16 May 2024 |
1y target est | 33.33 |
Challenging Quarter Amidst Strategic Shifts and Market Dynamics
CHINO, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced financial results for its 2024 first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales of $95.6 million, versus $95.8 million in the prior-year quarter.Gross profit of $37.6 million, versus $38.1 million in the prior-year quarter.Gr
CHINO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.35 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.30 per share. The dividend is payable on or about May 24, 2024, to the stockholde