FS KKR Capital (NYSE:FSK – Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
FS KKR Capital (NYSE:FSK – Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.75. The business had revenue of $447.00 million during the quarter, compared to the consensus estimate of $452.39 million. FS KKR Capital had a net margin of 38.03% and a return on equity of 12.56%. During the same quarter last year, the firm earned $0.81 EPS. 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 opened at $19.13 on Wednesday. The company has a 50 day simple moving average of $19.07 and a 200-day simple moving average of $19.66. The company has a market capitalization of $5.36 billion, a P/E ratio of 7.68 and a beta of 1.25. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.88 and a quick ratio of 1.88. FS KKR Capital has a 1 year low of $17.50 and a 1 year high of $20.99.
FS KKR Capital Cuts Dividend
Wall Street Analysts Forecast Growth
FSK has been the subject of several research reports. Compass Point downgraded shares of FS KKR Capital from a “buy” rating to a “neutral” rating and dropped their target price for the company from $21.50 to $19.50 in a report on Tuesday, February 27th. Truist Financial dropped their target price on shares of FS KKR Capital from $22.00 to $20.00 and set a “hold” rating for the company in a report on Wednesday, February 28th. Royal Bank of Canada dropped their target price on shares of FS KKR Capital from $21.00 to $20.00 and set a “sector perform” rating for the company in a report on Wednesday, February 28th. Wells Fargo & Company lifted their target price on shares of FS KKR Capital from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday, January 29th. Finally, Hovde Group reiterated a “market perform” rating and issued a $20.00 target price on shares of FS KKR Capital in a report on Wednesday, February 28th. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $20.17.
Check Out Our Latest Research Report on FS KKR Capital
Insider Buying and Selling at FS KKR Capital
In other FS KKR Capital news, insider Daniel Pietrzak purchased 7,300 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of $18.73 per share, with a total value of $136,729.00. Following the transaction, the insider now directly owns 39,800 shares of the company’s stock, valued at approximately $745,454. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.22% of the stock is currently owned by corporate insiders.
About FS KKR Capital
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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