Brokerages expect FS KKR Capital Corp (NYSE:FSK) to post $0.20 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for FS KKR Capital’s earnings, with the lowest EPS estimate coming in at $0.19 and the highest estimate coming in at $0.20. FS KKR Capital reported earnings per share of $0.21 in the same quarter last year, which would suggest a negative year-over-year growth rate of 4.8%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, February 26th.
According to Zacks, analysts expect that FS KKR Capital will report full year earnings of $0.79 per share for the current year, with EPS estimates ranging from $0.78 to $0.80. For the next year, analysts anticipate that the business will post earnings of $0.80 per share, with EPS estimates ranging from $0.77 to $0.84. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for FS KKR Capital.
FS KKR Capital (NYSE:FSK) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $199.00 million during the quarter, compared to analysts’ expectations of $193.44 million. FS KKR Capital had a net margin of 22.13% and a return on equity of 9.01%.
FSK remained flat at $$6.30 on Friday. The company had a trading volume of 1,809,012 shares, compared to its average volume of 1,971,444. The business has a fifty day moving average price of $6.24 and a 200-day moving average price of $5.95. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.87. FS KKR Capital has a 1 year low of $5.35 and a 1 year high of $6.64. The stock has a market capitalization of $3.21 billion, a P/E ratio of 70.01 and a beta of 1.14.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date of this dividend was Tuesday, December 17th. FS KKR Capital’s dividend payout ratio is currently 89.41%.
In related news, insider Brian Gerson purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of $6.01 per share, with a total value of $60,100.00. Following the completion of the acquisition, the insider now directly owns 70,000 shares in the company, valued at $420,700. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Richard I. Goldstein purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average cost of $5.96 per share, with a total value of $29,800.00. The disclosure for this purchase can be found here. Insiders bought 36,000 shares of company stock valued at $217,110 over the last ninety days. Corporate insiders own 0.35% of the company’s stock.
A number of large investors have recently bought and sold shares of FSK. Sepio Capital LLC purchased a new position in FS KKR Capital during the 3rd quarter worth $350,000. Sunbelt Securities Inc. increased its stake in shares of FS KKR Capital by 7.0% during the third quarter. Sunbelt Securities Inc. now owns 42,800 shares of the company’s stock worth $250,000 after acquiring an additional 2,800 shares during the period. RDA Financial Network acquired a new position in shares of FS KKR Capital during the third quarter worth about $137,000. Barclays PLC raised its holdings in FS KKR Capital by 6.7% during the third quarter. Barclays PLC now owns 795,343 shares of the company’s stock worth $4,637,000 after purchasing an additional 49,864 shares in the last quarter. Finally, F3Logic LLC raised its holdings in FS KKR Capital by 10.0% during the fourth quarter. F3Logic LLC now owns 302,206 shares of the company’s stock worth $1,855,000 after purchasing an additional 27,466 shares in the last quarter. Hedge funds and other institutional investors own 28.70% of the company’s stock.
About FS KKR Capital
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.
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