Analysts Expect FS KKR Capital Corp. (NYSE:FSK) to Post $0.64 EPS

Wall Street analysts predict that FS KKR Capital Corp. (NYSE:FSKGet Rating) will post $0.64 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have made estimates for FS KKR Capital’s earnings. FS KKR Capital posted earnings per share of $0.63 in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.6%. The business is scheduled to issue its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that FS KKR Capital will report full-year earnings of $2.58 per share for the current year, with EPS estimates ranging from $2.54 to $2.63. For the next financial year, analysts expect that the business will post earnings of $2.57 per share, with EPS estimates ranging from $2.47 to $2.70. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that that provide coverage for FS KKR Capital.

Several analysts recently commented on FSK shares. Zacks Investment Research raised FS KKR Capital from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Thursday, March 3rd. Wells Fargo & Company upgraded FS KKR Capital from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $19.50 to $21.50 in a research report on Wednesday, March 2nd.

Shares of FSK traded down $0.10 during trading hours on Monday, hitting $22.80. The stock had a trading volume of 1,083,757 shares, compared to its average volume of 1,136,944. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.15 and a quick ratio of 3.15. FS KKR Capital has a 12 month low of $19.71 and a 12 month high of $23.44. The firm has a market capitalization of $6.48 billion, a PE ratio of 2.55 and a beta of 1.44. The stock has a fifty day moving average price of $22.43 and a 200 day moving average price of $21.96.

The business also recently announced a quarterly dividend, which was paid on Monday, April 4th. Investors of record on Wednesday, March 16th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, March 15th. This is an increase from FS KKR Capital’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a yield of 11.05%. FS KKR Capital’s payout ratio is 28.16%.

In other FS KKR Capital news, Director Brian R. Ford acquired 2,500 shares of the stock in a transaction dated Wednesday, March 2nd. The shares were acquired at an average cost of $23.12 per share, for a total transaction of $57,800.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian Gerson acquired 4,642 shares of the stock in a transaction dated Monday, March 14th. The stock was acquired at an average price of $22.60 per share, for a total transaction of $104,909.20. The disclosure for this purchase can be found here. Insiders have purchased 7,592 shares of company stock worth $172,528 over the last quarter. 0.18% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of FSK. Cassia Capital Partners LLC bought a new stake in FS KKR Capital during the third quarter worth approximately $1,672,000. Mariner LLC increased its stake in FS KKR Capital by 34.2% during the third quarter. Mariner LLC now owns 367,576 shares of the company’s stock worth $8,101,000 after acquiring an additional 93,628 shares during the last quarter. National Asset Management Inc. grew its stake in shares of FS KKR Capital by 11.8% during the fourth quarter. National Asset Management Inc. now owns 78,134 shares of the company’s stock valued at $1,637,000 after buying an additional 8,240 shares during the last quarter. Mountain Capital Investment Advisors Inc grew its stake in shares of FS KKR Capital by 75.7% during the fourth quarter. Mountain Capital Investment Advisors Inc now owns 22,498 shares of the company’s stock valued at $505,000 after buying an additional 9,692 shares during the last quarter. Finally, Kovack Advisors Inc. grew its stake in shares of FS KKR Capital by 42.4% during the third quarter. Kovack Advisors Inc. now owns 49,272 shares of the company’s stock valued at $1,086,000 after buying an additional 14,674 shares during the last quarter. Institutional investors own 32.30% of the company’s stock.

FS KKR Capital Company Profile (Get Rating)

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments.

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Earnings History and Estimates for FS KKR Capital (NYSE:FSK)

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