FS KKR Capital Corp. (NYSE:FSK - Free Report) - Research analysts at B. Riley upped their FY2024 EPS estimates for shares of FS KKR Capital in a research report issued on Friday, November 8th. B. Riley analyst B. Rowe now expects that the company will post earnings per share of $2.83 for the year, up from their previous estimate of $2.80. The consensus estimate for FS KKR Capital's current full-year earnings is $2.87 per share. B. Riley also issued estimates for FS KKR Capital's Q2 2025 earnings at $0.65 EPS, Q3 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.59 EPS and FY2025 earnings at $2.55 EPS.
FS KKR Capital (NYSE:FSK - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.04. The company had revenue of $441.00 million for the quarter, compared to analysts' expectations of $423.58 million. FS KKR Capital had a return on equity of 12.25% and a net margin of 29.98%. During the same quarter in the previous year, the firm earned $0.80 earnings per share.
Several other equities research analysts have also commented on the stock. Royal Bank of Canada reiterated a "sector perform" rating and issued a $20.00 price objective on shares of FS KKR Capital in a research note on Wednesday, August 14th. Wells Fargo & Company decreased their price target on FS KKR Capital from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, October 29th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $19.94.
Check Out Our Latest Report on FS KKR Capital
FS KKR Capital Stock Up 0.0 %
Shares of NYSE FSK traded up $0.01 during trading on Monday, hitting $21.08. The stock had a trading volume of 1,317,071 shares, compared to its average volume of 1,417,142. The firm has a fifty day moving average of $20.12 and a two-hundred day moving average of $19.96. The company has a market capitalization of $5.90 billion, a PE ratio of 11.21 and a beta of 1.25. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.34 and a quick ratio of 2.34. FS KKR Capital has a 12 month low of $18.31 and a 12 month high of $21.24.
FS KKR Capital Increases Dividend
The company also recently announced a None dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be given a $0.70 dividend. This is an increase from FS KKR Capital's previous None dividend of $0.64. This represents a yield of 12.7%. The ex-dividend date is Wednesday, December 4th. FS KKR Capital's dividend payout ratio (DPR) is currently 136.17%.
Insider Activity at FS KKR Capital
In other FS KKR Capital news, CEO Michael C. Forman sold 195,139 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $19.56, for a total transaction of $3,816,918.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.25% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in FSK. Summit Securities Group LLC purchased a new position in shares of FS KKR Capital during the second quarter worth approximately $30,000. Ridgewood Investments LLC purchased a new position in shares of FS KKR Capital during the second quarter worth approximately $37,000. Rothschild Investment LLC bought a new position in shares of FS KKR Capital in the second quarter worth approximately $39,000. Financial Gravity Asset Management Inc. grew its holdings in shares of FS KKR Capital by 198.7% in the second quarter. Financial Gravity Asset Management Inc. now owns 2,136 shares of the company's stock worth $42,000 after purchasing an additional 1,421 shares during the last quarter. Finally, New Millennium Group LLC bought a new position in shares of FS KKR Capital in the second quarter worth approximately $50,000. 36.26% of the stock is owned by hedge funds and other institutional investors.
About FS KKR Capital
(
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FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S.
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