Kforce (KFRC) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KFRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KFRC, but not buy additional shares or sell existing shares.
View KFRC analyst ratings or view top-rated stocks.

4 brokerages have issued 12-month target prices for Kforce's stock. Their KFRC share price targets range from $63.00 to $72.00. On average, they predict the company's share price to reach $68.33 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
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Kforce's stock was trading at $67.56 on January 1st, 2024. Since then, KFRC shares have decreased by 7.0% and is now trading at $62.81.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our KFRC earnings forecast.

Kforce will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Kforce Inc. (NASDAQ:KFRC) released its quarterly earnings data on Monday, February, 5th. The business services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.03. The business services provider had revenue of $363.45 million for the quarter, compared to the consensus estimate of $363.29 million. Kforce had a trailing twelve-month return on equity of 38.24% and a net margin of 3.99%. The business's quarterly revenue was down 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.93 earnings per share.

Kforce declared a quarterly dividend on Friday, February 2nd. Investors of record on Friday, March 15th will be given a dividend of $0.38 per share on Friday, March 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for KFRC.

Kforce (NASDAQ:KFRC) pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.36%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 48.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 42.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFRC.

ETFs with the largest weight of Kforce (NASDAQ:KFRC) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV).VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB).

Kforce issued an update on its first quarter 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share guidance of 0.540-0.620 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $351.0 million-$359.0 million, compared to the consensus revenue estimate of $361.1 million.

680 employees have rated Kforce Chief Executive Officer David L. Dunkel on Glassdoor.com. David L. Dunkel has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kforce investors own include Extra Space Storage (EXR), Hanesbrands (HBI), Brinker International (EAT), DHT (DHT), International Paper (IP), Novavax (NVAX), Domtar (UFS), Bristol-Myers Squibb (BMY), Eastman Chemical (EMN) and Iron Mountain (IRM).

Kforce's stock is owned by a number of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (3.75%), Tributary Capital Management LLC (1.57%), Allspring Global Investments Holdings LLC (0.05%), Annex Advisory Services LLC (0.04%) and Curated Wealth Partners LLC (0.00%). Insiders that own company stock include Andrew G Thomas, David L Dunkel, David M Kelly, Elaine Rosen, Jeffrey B Hackman, Jeffrey B Hackman, Joseph J Liberatore, N John Simmons and Ralph Struzziero.
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Shares of KFRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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