ICF International (NASDAQ:ICFI) Issues FY 2026 Earnings Guidance

ICF International (NASDAQ:ICFI) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.950-7.250 for the period, compared to the consensus earnings per share estimate of 7.020. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of ICF International in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ICF International has a consensus rating of “Hold” and an average target price of $102.33.

ICF International Stock Performance

ICF International stock traded up $9.37 during mid-day trading on Friday, hitting $94.68. 251,388 shares of the company’s stock traded hands, compared to its average volume of 283,563. ICF International has a one year low of $58.83 and a one year high of $101.71. The company has a market cap of $1.71 billion, a PE ratio of 20.46 and a beta of 0.51. The firm has a 50 day moving average price of $74.84 and a 200 day moving average price of $74.57. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43.

ICF International (NASDAQ:ICFI) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. The company had revenue of $474.50 million for the quarter, compared to analyst estimates of $478.30 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the company earned $1.66 earnings per share. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, equities analysts forecast that ICF International will post 7.01 EPS for the current year.

ICF International announced that its board has approved a share repurchase program on Thursday, June 25th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Insider Activity at ICF International

In related news, Director Handel Michael J. Van acquired 8,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $61.39 per share, for a total transaction of $491,120.00. Following the completion of the acquisition, the director directly owned 24,254 shares of the company’s stock, valued at approximately $1,488,953.06. The trade was a 49.22% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO John Wasson sold 12,411 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the sale, the chief executive officer directly owned 27,511 shares in the company, valued at approximately $2,203,080.88. The trade was a 31.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.71% of the company’s stock.

Trending Headlines about ICF International

Here are the key news stories impacting ICF International this week:

• Positive Sentiment: Adjusted earnings exceeded expectations. ICF reported second-quarter non-GAAP EPS of $1.86, above analysts’ estimates of approximately $1.65–$1.69 and up from $1.66 a year earlier. Strong margins, favorable business mix, and cost controls supported the result. ICF International Q2 earnings beat estimates
• Positive Sentiment: Management maintained its 2026 outlook. ICF reaffirmed full-year revenue guidance of $1.9 billion to $2.0 billion and EPS guidance of $6.95 to $7.25, broadly consistent with Wall Street expectations. The company also reported a $9.3 billion business-development pipeline and continued share repurchases. ICF Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst confidence remains supportive. William Blair maintained a Buy rating, citing the potential for a reacceleration in commercial energy activity and an improving growth outlook for federal work. ICF International analyst Buy rating
• Positive Sentiment: New contract adds visibility. Entergy Louisiana awarded ICF a $35 million energy-efficiency contract covering residential, commercial, and industrial programs. Entergy Louisiana selects ICF for energy efficiency contract
• Neutral Sentiment: Revenue was slightly below estimates. Second-quarter revenue of $474.5 million fell short of the approximately $478 million consensus and was essentially flat year over year, highlighting the company’s gradual-growth environment.
• Negative Sentiment: Bookings were mixed. Quarterly contract awards totaled $402 million, producing a book-to-bill ratio of 0.85, although the trailing-12-month ratio remained healthier at 1.09.

Institutional Trading of ICF International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jump Financial LLC grew its position in ICF International by 195.3% in the fourth quarter. Jump Financial LLC now owns 6,756 shares of the business services provider’s stock worth $576,000 after buying an additional 4,468 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of ICF International by 62.2% during the fourth quarter. Russell Investments Group Ltd. now owns 21,132 shares of the business services provider’s stock worth $1,803,000 after purchasing an additional 8,104 shares during the period. Third Avenue Management LLC lifted its holdings in shares of ICF International by 12.4% during the fourth quarter. Third Avenue Management LLC now owns 52,864 shares of the business services provider’s stock valued at $4,509,000 after purchasing an additional 5,840 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of ICF International by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 458,175 shares of the business services provider’s stock valued at $39,089,000 after purchasing an additional 2,535 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in ICF International by 5,229.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,214 shares of the business services provider’s stock worth $1,597,000 after buying an additional 16,891 shares during the period. 94.12% of the stock is owned by institutional investors and hedge funds.

ICF International Company Profile

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.