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

ICF International (NASDAQ:ICFI) issued an update on 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 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.

ICF International Trading Up 0.6%

NASDAQ ICFI traded up $0.50 during trading hours on Thursday, hitting $85.31. 395,199 shares of the company were exchanged, compared to its average volume of 220,380. ICF International has a 52 week low of $58.83 and a 52 week high of $101.71. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43. The stock has a 50-day moving average price of $74.84 and a 200 day moving average price of $74.57. The stock has a market cap of $1.54 billion, a PE ratio of 18.47 and a beta of 0.51.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.21. The business had revenue of $474.50 million during 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 revenue for the quarter was down .3% on a year-over-year basis. During the same period last year, the company earned $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Analysts forecast that ICF International will post 7.01 earnings per share for the current fiscal year.

ICF International announced that its board has authorized a stock buyback plan 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 reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, ICF International has an average rating of “Hold” and an average price target of $102.33.

Insider Buying and Selling

In other ICF International news, CEO John Wasson sold 12,411 shares of ICF International stock in a transaction on Monday, July 13th. The stock was sold at an average price of $80.08, for a total transaction of $993,872.88. Following the completion of the sale, the chief executive officer directly owned 27,511 shares of the company’s stock, valued at $2,203,080.88. The trade was a 31.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Handel Michael J. Van bought 8,000 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $61.39 per share, with a total value of $491,120.00. Following the completion of the acquisition, the director directly owned 24,254 shares in the company, valued at approximately $1,488,953.06. This trade represents a 49.22% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.71% of the stock is currently owned by insiders.

More ICF International News

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, ahead of analyst estimates ranging from $1.65 to $1.69 and up from $1.66 a year earlier. The company also delivered adjusted EBITDA of $53.4 million, or 11.2% of revenue, reflecting favorable business mix and cost management. ICF Reports Second Quarter 2026 Results
• Positive Sentiment: Management reaffirmed its 2026 outlook. ICF maintained its full-year revenue guidance of $1.9 billion to $2.0 billion and EPS guidance of $6.95 to $7.25, broadly consistent with consensus expectations. Reaffirmation reduces the risk of a near-term outlook cut. ICF International Declares Dividend, Reaffirms 2026 Outlook
• Positive Sentiment: Contract momentum remains constructive. The company secured a new $35 million Entergy Louisiana energy-efficiency contract, while its business-development pipeline reached $9.3 billion. ICF also repurchased 435,055 shares during the first half of 2026 and declared a dividend, supporting shareholder returns. Entergy Louisiana Selects ICF for New $35 Million Energy Efficiency Contract
• Neutral Sentiment: The earnings call pointed to gradual growth. Management characterized the quarter as in line with expectations, with a healthy pipeline and continued margin benefits, but did not signal a major acceleration in demand. ICF International Earnings Call Signals Gradual Growth
• Negative Sentiment: Revenue and bookings showed softer near-term trends. Second-quarter revenue of $474.5 million narrowly missed the $478.3 million consensus estimate and declined 0.3% year over year. Contract awards totaled $402 million, producing a quarterly book-to-bill ratio of 0.85, though the trailing-12-month ratio remained healthier at 1.09. ICF International Quarterly Earnings Report

Institutional Inflows and Outflows

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

About ICF International

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.