ICF International (NASDAQ:ICFI) Shares Gap Down – Time to Sell?

ICF International, Inc. (NASDAQ:ICFI) gapped down prior to trading on Friday. The stock had previously closed at $95.38, but opened at $80.50. ICF International shares last traded at $81.5960, with a volume of 21,658 shares traded.

Key Stories Impacting ICF International

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

• Positive Sentiment: Adjusted EPS was $1.98, above analyst estimates of $1.92, and up from $1.67 a year earlier. Adjusted EBITDA margin reached 11.5%, supported by efficient contract delivery and favorable mix. ICF Reports Third Quarter 2026 Results
• Positive Sentiment: Contract awards totaled $746 million, 4.5% higher year over year. The quarterly book-to-bill ratio was 1.59, and federal-client revenue rose 3.4% sequentially—potentially supportive indicators for future business. ICF Reports Third Quarter 2026 Results
• Neutral Sentiment: ICF declared a quarterly dividend of $0.14 per share, or $0.56 annualized, representing a yield of about 0.6%. ICF International Q3 2026 Earnings Call Highlights
• Negative Sentiment: Revenue of $470.5 million missed analysts’ $490.8 million estimate, even as it increased about 1% year over year. ICF maintained the midpoint of its 2026 non-GAAP EPS guidance despite lowering its revenue outlook, which may have heightened concerns about growth. ICF Reports Sales Below Analyst Estimates

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ICFI shares. Barrington Research set a $110.00 price target on ICF International in a report on Friday, August 14th. Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised ICF International from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $105.00.

ICF International Stock Down 13.2%

The stock’s 50-day moving average is $88.49 and its 200-day moving average is $79.08. The stock has a market cap of $1.49 billion, a P/E ratio of 17.12 and a beta of 0.45. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

ICF International (NASDAQ:ICFI) last released its quarterly earnings results on Thursday, November 5th. The business services provider reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. The company had revenue of $470.50 million for the quarter, compared to the consensus estimate of $490.83 million. ICF International had a net margin of 4.86% and a return on equity of 11.53%. ICF International’s revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 EPS. As a group, research analysts anticipate that ICF International, Inc. will post 7.07 earnings per share for the current fiscal year.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 8th. Investors of record on Friday, December 4th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, December 4th. ICF International’s dividend payout ratio (DPR) is currently 11.59%.

Insider Activity at ICF International

In other ICF International news, EVP Sergio J. Ostria sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $88.59, for a total value of $177,180.00. Following the completion of the sale, the executive vice president directly owned 24,467 shares in the company, valued at $2,167,531.53. This represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John Wasson sold 6,400 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $88.32, for a total value of $565,248.00. Following the transaction, the chief executive officer directly owned 6,339 shares of the company’s stock, valued at approximately $559,860.48. The trade was a 50.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.71% of the stock is owned by insiders.

Institutional Trading of ICF International

A number of hedge funds and other institutional investors have recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of ICF International by 41.3% in the third quarter. GAMMA Investing LLC now owns 472 shares of the business services provider’s stock valued at $39,000 after buying an additional 138 shares during the period. Farther Finance Advisors LLC boosted its stake in ICF International by 73.2% during the third quarter. Farther Finance Advisors LLC now owns 336 shares of the business services provider’s stock valued at $28,000 after buying an additional 142 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in ICF International by 11.0% during the third quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the business services provider’s stock worth $136,000 after acquiring an additional 162 shares during the period. Root Financial Partners LLC acquired a new position in ICF International during the third quarter worth about $25,000. Finally, Allworth Financial LP acquired a new position in ICF International during the second quarter worth about $86,000. Institutional investors own 94.12% of the company’s stock.

About ICF International

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.