Kforce (KFRC) to Release Quarterly Earnings on Monday

Kforce (NASDAQ:KFRC - Get Free Report) is projected to announce its earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $334.61 million for the quarter.

Kforce Price Performance

Shares of Kforce stock traded down $0.08 during trading hours on Friday, hitting $43.96. The company's stock had a trading volume of 91,314 shares, compared to its average volume of 120,881. The company has a market cap of $840.10 million, a PE ratio of 16.35 and a beta of 0.76. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06. The business has a 50 day moving average price of $47.97 and a two-hundred day moving average price of $53.81. Kforce has a 12-month low of $42.11 and a 12-month high of $71.48.

Kforce Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.39 dividend. The ex-dividend date was Friday, March 7th. This is a boost from Kforce's previous quarterly dividend of $0.38. This represents a $1.56 dividend on an annualized basis and a yield of 3.55%. Kforce's payout ratio is currently 58.21%.

Analysts Set New Price Targets

Separately, Truist Financial lowered their target price on shares of Kforce from $58.00 to $50.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.