Kforce (KFRC) Expected to Announce Earnings on Monday

Kforce (NASDAQ:KFRC - Get Free Report) is expected to be releasing its earnings data 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.

Kforce Stock Performance

Shares of KFRC stock traded down $0.08 during trading hours on Friday, hitting $43.96. The stock had a trading volume of 134,247 shares, compared to its average volume of 120,918. The stock's 50 day moving average is $47.88 and its 200 day moving average is $53.73. Kforce has a twelve month low of $42.11 and a twelve month high of $71.48. The firm has a market capitalization of $840.10 million, a PE ratio of 16.40 and a beta of 0.76. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06.

Kforce Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.55%. This is a boost from Kforce's previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Friday, March 7th. Kforce's dividend payout ratio is presently 58.21%.

Analysts Set New Price Targets

Separately, Truist Financial lowered their target price on Kforce from $58.00 to $50.00 and set a "hold" rating on the stock in a research note 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.