FS KKR Capital (NYSE:FSK - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.70 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
FS KKR Capital (NYSE:FSK - Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.04. The company had revenue of $439.00 million for the quarter, compared to analyst estimates of $426.41 million. FS KKR Capital had a return on equity of 12.39% and a net margin of 35.46%. During the same period last year, the company earned $0.78 earnings per share. On average, analysts expect FS KKR Capital to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
FS KKR Capital Stock Down 0.5 %
Shares of NYSE FSK traded down $0.10 during mid-day trading on Wednesday, reaching $20.25. 1,126,093 shares of the company traded hands, compared to its average volume of 1,417,619. The company's fifty day moving average is $20.04 and its two-hundred day moving average is $19.89. The company has a debt-to-equity ratio of 1.19, a quick ratio of 2.34 and a current ratio of 2.34. FS KKR Capital has a fifty-two week low of $18.31 and a fifty-two week high of $20.99. The stock has a market cap of $5.67 billion, a PE ratio of 8.48 and a beta of 1.25.
FS KKR Capital Increases Dividend
The business also recently declared a None dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be issued a dividend of $0.70 per share. This represents a yield of 12.7%. The ex-dividend date is Wednesday, December 4th. This is an increase from FS KKR Capital's previous None dividend of $0.64. FS KKR Capital's dividend payout ratio (DPR) is 106.67%.
Analyst Ratings Changes
FSK has been the topic of several research analyst reports. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $20.00 price target on shares of FS KKR Capital in a research report on Wednesday, August 14th. Wells Fargo & Company lowered their price objective on shares of FS KKR Capital from $21.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday. 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 stock currently has an average rating of "Hold" and a consensus target price of $19.94.
View Our Latest Report on FS KKR Capital
Insider Buying and Selling at FS KKR Capital
In other FS KKR Capital news, insider Daniel Pietrzak bought 5,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The shares were acquired at an average price of $19.21 per share, with a total value of $96,050.00. Following the completion of the purchase, the insider now directly owns 44,800 shares in the company, valued at $860,608. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Daniel Pietrzak purchased 5,000 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The shares were acquired at an average price of $19.21 per share, with a total value of $96,050.00. Following the purchase, the insider now directly owns 44,800 shares in the company, valued at $860,608. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Michael C. Forman sold 195,139 shares of the company's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $19.56, for a total value of $3,816,918.84. The disclosure for this sale can be found here. Insiders own 0.25% of the company's stock.
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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