FS KKR Capital (NYSE:FSK) Given Buy Rating at B. Riley

FS KKR Capital (NYSE:FSK)‘s stock had its “buy” rating restated by investment analysts at B. Riley in a report issued on Friday, Benzinga reports. They presently have a $21.00 price objective on the stock, up from their previous price objective of $20.00. B. Riley’s price target would suggest a potential upside of 5.11% from the stock’s current price. 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 recently commented on FSK. Truist Financial cut their target price on shares of FS KKR Capital from $22.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, February 28th. JPMorgan Chase & Co. boosted their target price on shares of FS KKR Capital from $18.00 to $19.00 and gave the stock a “neutral” rating in a research note on Friday, April 12th. Hovde Group reissued a “market perform” rating and set a $20.00 target price on shares of FS KKR Capital in a research note on Wednesday, February 28th. Wells Fargo & Company upped their price objective on shares of FS KKR Capital from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. Finally, Royal Bank of Canada decreased their price objective on shares of FS KKR Capital from $21.00 to $20.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 28th. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $20.17.

FS KKR Capital Stock Up 0.6 %

FSK stock traded up $0.11 during trading on Friday, hitting $19.98. 658,487 shares of the company’s stock traded hands, compared to its average volume of 1,628,053. The firm has a market capitalization of $5.60 billion, a P/E ratio of 8.02 and a beta of 1.23. The business has a fifty day simple moving average of $19.05 and a two-hundred day simple moving average of $19.66. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 1.20. FS KKR Capital has a 1 year low of $18.31 and a 1 year high of $20.99.

FS KKR Capital (NYSE:FSK) last announced its earnings results on Tuesday, February 27th. The company reported $0.75 earnings per share for the quarter, meeting the consensus estimate of $0.75. FS KKR Capital had a net margin of 38.03% and a return on equity of 12.56%. The company had revenue of $447.00 million during the quarter, compared to the consensus estimate of $452.39 million. During the same period last year, the firm earned $0.81 earnings per share. Sell-side analysts anticipate that FS KKR Capital will post 2.83 EPS for the current year.

Insider Buying and Selling

In other news, insider Daniel Pietrzak bought 7,300 shares of FS KKR Capital stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of $18.73 per share, for a total transaction of $136,729.00. Following the purchase, the insider now owns 39,800 shares of the company’s stock, valued at $745,454. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On FS KKR Capital

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kingswood Wealth Advisors LLC grew its holdings in FS KKR Capital by 990.4% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 112,128 shares of the company’s stock valued at $2,239,000 after purchasing an additional 101,845 shares during the period. GP Brinson Investments LLC boosted its stake in shares of FS KKR Capital by 78.4% in the fourth quarter. GP Brinson Investments LLC now owns 517,707 shares of the company’s stock valued at $10,339,000 after purchasing an additional 227,573 shares during the period. Private Advisor Group LLC boosted its stake in shares of FS KKR Capital by 9.9% in the fourth quarter. Private Advisor Group LLC now owns 540,221 shares of the company’s stock valued at $10,790,000 after purchasing an additional 48,546 shares during the period. Alpine Global Management LLC purchased a new position in shares of FS KKR Capital in the third quarter valued at $2,397,000. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of FS KKR Capital by 3.6% in the third quarter. Integrated Wealth Concepts LLC now owns 74,985 shares of the company’s stock valued at $1,476,000 after purchasing an additional 2,627 shares during the period. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

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.