FS KKR Capital (NYSE:FSK) Receives “Buy” Rating from B. Riley

FS KKR Capital (NYSE:FSK)‘s stock had its “buy” rating reissued by stock analysts at B. Riley in a report released on Friday, Benzinga reports. They presently have a $21.00 price target on the stock, up from their prior price target of $20.00. B. Riley’s target price points to a potential upside of 5.11% from the company’s previous close. B. Riley also issued estimates for FS KKR Capital’s Q1 2025 earnings at $0.64 EPS, Q2 2025 earnings at $0.63 EPS and FY2025 earnings at $2.46 EPS.

A number of other research firms have also weighed in on FSK. Compass Point lowered FS KKR Capital from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $21.50 to $19.50 in a research report on Tuesday, February 27th. Keefe, Bruyette & Woods reduced their target price on FS KKR Capital from $22.00 to $20.00 and set a “market perform” rating for the company in a report on Tuesday, April 16th. Truist Financial cut their price objective on 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 cut their price objective on 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. Finally, Wells Fargo & Company lifted their target price on FS KKR Capital from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, January 29th. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.17.

FS KKR Capital Trading Up 0.6 %

NYSE FSK traded up $0.11 on Friday, hitting $19.98. The company’s stock had a trading volume of 658,487 shares, compared to its average volume of 1,628,053. FS KKR Capital has a 52-week low of $18.31 and a 52-week high of $20.99. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 1.20. The company’s 50-day simple moving average is $19.05 and its 200 day simple moving average is $19.66. The firm has a market cap of $5.60 billion, a P/E ratio of 8.02 and a beta of 1.23.

FS KKR Capital (NYSE:FSK) last released its earnings results on Tuesday, February 27th. The company reported $0.75 EPS for the quarter, meeting analysts’ consensus estimates of $0.75. The company had revenue of $447.00 million during the quarter, compared to analysts’ expectations of $452.39 million. FS KKR Capital had a return on equity of 12.56% and a net margin of 38.03%. During the same quarter last year, the business posted $0.81 EPS. Research analysts predict that FS KKR Capital will post 2.83 EPS for the current fiscal year.

Insider Activity at FS KKR Capital

In other FS KKR Capital news, insider Daniel Pietrzak acquired 7,300 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of $18.73 per share, for a total transaction of $136,729.00. Following the acquisition, the insider now owns 39,800 shares in the company, valued at approximately $745,454. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On FS KKR Capital

A number of institutional investors have recently modified their holdings of the business. Mather Group LLC. purchased a new position in FS KKR Capital in the 1st quarter valued at about $39,000. Planned Solutions Inc. purchased a new position in FS KKR Capital in the 4th quarter worth approximately $40,000. Provence Wealth Management Group acquired a new stake in shares of FS KKR Capital during the 3rd quarter worth approximately $45,000. Citigroup Inc. increased its holdings in shares of FS KKR Capital by 587.2% during the 3rd quarter. Citigroup Inc. now owns 2,474 shares of the company’s stock worth $49,000 after buying an additional 2,114 shares during the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in shares of FS KKR Capital by 20.8% during the 3rd quarter. Raleigh Capital Management Inc. now owns 3,337 shares of the company’s stock worth $66,000 after buying an additional 575 shares during the last quarter. 36.26% of the stock is currently owned by institutional investors and hedge funds.

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.