Kforce Inc. (KFRC) To Go Ex-Dividend on June 12th

Kforce Inc. (NASDAQ:KFRC) announced a quarterly dividend on Friday, April 24th. Stockholders of record on Friday, June 12th will be paid a dividend of 0.40 per share by the business services provider on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, June 12th.

Kforce has increased its dividend payment by an average of 0.1%annually over the last three years. Kforce has a payout ratio of 45.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 48.5%.

Kforce Trading Down 0.5%

Shares of KFRC opened at $47.65 on Wednesday. Kforce has a 12-month low of $24.49 and a 12-month high of $48.81. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $849.62 million, a price-to-earnings ratio of 17.78 and a beta of 0.87. The stock’s 50-day moving average price is $38.19 and its 200 day moving average price is $33.16.

Kforce (NASDAQ:KFRC) last issued its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The firm had revenue of $330.36 million for the quarter, compared to analyst estimates of $329.32 million. During the same period in the previous year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. As a group, research analysts predict that Kforce will post 2.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KFRC shares. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Robert W. Baird boosted their price target on Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, Zacks Research upgraded Kforce from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Kforce presently has an average rating of “Moderate Buy” and a consensus price target of $39.67.

Kforce Company Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.