Free Trial

FS KKR Capital (NYSE:FSK) Raised to "Hold" at Zacks Research

FS KKR Capital logo with Finance background
Image from MarketBeat Media, LLC.

FS KKR Capital (NYSE:FSK - Get Free Report) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report released on Monday,Zacks.com reports.

A number of other research firms have also commented on FSK. JPMorgan Chase & Co. lowered their price target on shares of FS KKR Capital from $13.00 to $9.50 and set a "neutral" rating on the stock in a research report on Friday, March 13th. Weiss Ratings lowered shares of FS KKR Capital from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, March 5th. Wells Fargo & Company lowered their price target on shares of FS KKR Capital from $15.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Friday, February 27th. Truist Financial lowered their price target on shares of FS KKR Capital from $17.00 to $11.00 and set a "hold" rating on the stock in a research report on Wednesday, March 4th. Finally, Wall Street Zen lowered shares of FS KKR Capital from a "hold" rating to a "sell" rating in a research report on Saturday, February 28th. Eight research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, FS KKR Capital has an average rating of "Reduce" and an average target price of $12.50.

Check Out Our Latest Stock Analysis on FS KKR Capital

FS KKR Capital Price Performance

NYSE:FSK opened at $11.51 on Monday. FS KKR Capital has a 52 week low of $9.72 and a 52 week high of $22.68. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 383.77 and a beta of 0.85. The firm's 50-day simple moving average is $10.73 and its 200 day simple moving average is $13.32. The company has a debt-to-equity ratio of 1.31, a quick ratio of 3.05 and a current ratio of 3.05.

FS KKR Capital (NYSE:FSK - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.03). FS KKR Capital had a return on equity of 5.21% and a net margin of 0.72%.The business had revenue of $348.00 million for the quarter, compared to the consensus estimate of $361.59 million. During the same period in the prior year, the business posted $0.66 earnings per share. As a group, sell-side analysts predict that FS KKR Capital will post 1.7 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Daniel Pietrzak bought 5,000 shares of the firm's stock in a transaction on Friday, February 27th. The shares were purchased at an average cost of $11.25 per share, with a total value of $56,250.00. Following the acquisition, the insider directly owned 64,800 shares in the company, valued at $729,000. This represents a 8.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.25% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FS KKR Capital

Several hedge funds have recently bought and sold shares of the company. Aries Wealth Management grew its holdings in shares of FS KKR Capital by 3.1% during the 3rd quarter. Aries Wealth Management now owns 23,565 shares of the company's stock valued at $352,000 after purchasing an additional 700 shares during the last quarter. Bison Wealth LLC grew its holdings in shares of FS KKR Capital by 3.4% during the 4th quarter. Bison Wealth LLC now owns 21,935 shares of the company's stock valued at $476,000 after purchasing an additional 720 shares during the last quarter. Kathmere Capital Management LLC grew its holdings in shares of FS KKR Capital by 2.5% during the 4th quarter. Kathmere Capital Management LLC now owns 37,305 shares of the company's stock valued at $552,000 after purchasing an additional 900 shares during the last quarter. Acorn Wealth Advisors LLC grew its holdings in shares of FS KKR Capital by 1.4% during the 4th quarter. Acorn Wealth Advisors LLC now owns 65,079 shares of the company's stock valued at $964,000 after purchasing an additional 914 shares during the last quarter. Finally, Rockport Wealth LLC grew its holdings in shares of FS KKR Capital by 9.8% during the 1st quarter. Rockport Wealth LLC now owns 11,367 shares of the company's stock valued at $116,000 after purchasing an additional 1,018 shares during the last quarter. 36.26% of the stock is owned by institutional investors.

Trending Headlines about FS KKR Capital

Here are the key news stories impacting FS KKR Capital this week:

About FS KKR Capital

(Get Free Report)

FS KKR Capital Corp NYSE: FSK is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.

Read More

Analyst Recommendations for FS KKR Capital (NYSE:FSK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in FS KKR Capital Right Now?

Before you consider FS KKR Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS KKR Capital wasn't on the list.

While FS KKR Capital currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 7 Hottest IPOs On Wall Street’s 2026 Watchlist Cover

MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines