FS KKR Capital (FSK) to Release Earnings on Monday

FS KKR Capital (NYSE:FSKGet Rating) is scheduled to be posting its quarterly earnings results after the market closes on Monday, August 8th. Analysts expect FS KKR Capital to post earnings of $0.65 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

FS KKR Capital (NYSE:FSKGet Rating) last posted its quarterly earnings results on Monday, May 9th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.08. The company had revenue of $396.00 million during the quarter, compared to the consensus estimate of $356.52 million. FS KKR Capital had a return on equity of 8.84% and a net margin of 116.21%. 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 Performance

Shares of NYSE FSK opened at $21.67 on Monday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 3.71 and a current ratio of 3.71. The firm has a market cap of $6.15 billion, a price-to-earnings ratio of 2.67 and a beta of 1.36. The business’s 50-day simple moving average is $20.44 and its 200-day simple moving average is $21.51. FS KKR Capital has a 52 week low of $18.08 and a 52 week high of $23.44.

FS KKR Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 5th. Stockholders of record on Wednesday, June 15th were issued a dividend of $0.68 per share. This is a positive change from FS KKR Capital’s previous quarterly dividend of $0.63. The ex-dividend date was Tuesday, June 14th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 12.55%. FS KKR Capital’s dividend payout ratio is currently 33.46%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FSK shares. Hovde Group lowered their price objective on FS KKR Capital to $23.00 in a report on Friday, May 20th. Wells Fargo & Company lowered their price objective on FS KKR Capital from $21.50 to $21.00 and set an “equal weight” rating on the stock in a report on Monday, April 25th.

Insider Buying and Selling at FS KKR Capital

In other FS KKR Capital news, insider Brian Gerson bought 2,000 shares of the stock in a transaction on Friday, May 27th. The shares were purchased at an average price of $21.74 per share, with a total value of $43,480.00. Following the acquisition, the insider now directly owns 11,642 shares of the company’s stock, valued at approximately $253,097.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Michael C. Forman acquired 5,488 shares of the firm’s stock in a transaction dated Tuesday, May 24th. The shares were bought at an average price of $20.41 per share, with a total value of $112,010.08. Following the acquisition, the chief executive officer now owns 5,488 shares of the company’s stock, valued at $112,010.08. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Gerson acquired 2,000 shares of the firm’s stock in a transaction dated Friday, May 27th. The shares were purchased at an average cost of $21.74 per share, for a total transaction of $43,480.00. Following the acquisition, the insider now directly owns 11,642 shares in the company, valued at approximately $253,097.08. The disclosure for this purchase can be found here. Insiders have acquired 16,038 shares of company stock valued at $340,520 in the last 90 days. 0.20% of the stock is currently owned by insiders.

Institutional Trading of FS KKR Capital

Institutional investors have recently modified their holdings of the company. Worth Asset Management LLC acquired a new stake in shares of FS KKR Capital during the 1st quarter worth approximately $43,000. Stonebridge Capital Advisors LLC lifted its position in shares of FS KKR Capital by 31.0% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 4,305 shares of the company’s stock worth $98,000 after buying an additional 1,019 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of FS KKR Capital by 120.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,064 shares of the company’s stock worth $161,000 after buying an additional 3,861 shares during the period. US Bancorp DE lifted its position in shares of FS KKR Capital by 23.1% during the 1st quarter. US Bancorp DE now owns 7,993 shares of the company’s stock worth $182,000 after buying an additional 1,500 shares during the period. Finally, Wescott Financial Advisory Group LLC bought a new position in shares of FS KKR Capital during the 1st quarter worth approximately $232,000. Institutional investors and hedge funds own 41.91% of the company’s stock.

About FS KKR Capital

(Get Rating)

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.

See Also

Earnings History for FS KKR Capital (NYSE:FSK)

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