FS KKR Capital (FSK) Expected to Announce Quarterly Earnings on Wednesday

FS KKR Capital (NYSE:FSK) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $419.97 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

FS KKR Capital Stock Up 0.8 %

FSK opened at $23.93 on Wednesday. FS KKR Capital has a one year low of $18.31 and a one year high of $24.04. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96. The stock has a market capitalization of $6.70 billion, a P/E ratio of 12.73 and a beta of 1.25. The business’s 50-day simple moving average is $22.19 and its 200-day simple moving average is $20.98.

Insider Buying and Selling

In other news, insider Brian Gerson purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the completion of the purchase, the insider now directly owns 15,109 shares in the company, valued at $333,606.72. The trade was a 49.46 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 11,500 shares of company stock valued at $248,910 over the last three months. 0.25% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a research report on Monday, December 2nd. JPMorgan Chase & Co. lifted their target price on shares of FS KKR Capital from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada increased their price target on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Monday, November 18th. Finally, B. Riley lowered shares of FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective on the stock. in a research note on Wednesday, December 11th. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $20.63.

FS KKR Capital Company Profile

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.