Kforce (KFRC) Projected to Post Quarterly Earnings on Monday

Kforce (NASDAQ:KFRC) is expected to be posting its quarterly earnings results after the market closes on Monday, April 28th. Analysts expect Kforce to post earnings of $0.48 per share and revenue of $334.61 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Kforce Stock Performance

NASDAQ:KFRC opened at $44.15 on Monday. The firm has a market capitalization of $843.81 million, a P/E ratio of 16.48 and a beta of 0.76. Kforce has a twelve month low of $42.11 and a twelve month high of $71.48. The company has a fifty day moving average of $48.45 and a 200-day moving average of $54.12. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend was Friday, March 7th. This is a boost from Kforce’s previous quarterly dividend of $0.38. Kforce’s dividend payout ratio (DPR) is 58.21%.

Analyst Upgrades and Downgrades

Separately, Truist Financial reduced their price objective on shares of Kforce from $58.00 to $50.00 and set a “hold” rating for the company in a report on Tuesday, April 15th.

About Kforce

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.