William Blair Has Negative Forecast for Kforce Q3 Earnings

Key Points

• William Blair has lowered Kforce's Q3 2026 earnings estimates to $0.62 per share, down from the previous forecast of $0.82, while projecting full-year earnings at $2.70 per share.
• Several analysts, including Truist Financial and UBS Group, have also downgraded their ratings and price targets for Kforce's stock.
• Kforce announced a quarterly dividend of $0.39, representing an annualized yield of 4.28%, set to be paid out on September 26th.

Kforce Inc. (NASDAQ:KFRC - Free Report) - Equities researchers at William Blair decreased their Q3 2026 earnings estimates for Kforce in a report released on Tuesday, July 29th. William Blair analyst T. Romeo now expects that the business services provider will post earnings per share of $0.62 for the quarter, down from their previous forecast of $0.82. The consensus estimate for Kforce's current full-year earnings is $2.70 per share. William Blair also issued estimates for Kforce's FY2026 earnings at $2.10 EPS.

Kforce (NASDAQ:KFRC - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The firm had revenue of $334.32 million for the quarter, compared to the consensus estimate of $333.78 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 earnings per share.

KFRC has been the topic of a number of other reports. Wall Street Zen lowered Kforce from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Truist Financial dropped their price target on Kforce from $50.00 to $46.00 and set a "hold" rating on the stock in a research report on Tuesday. Finally, UBS Group lowered their price target on Kforce from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday.

Kforce Stock Performance

Shares of NASDAQ KFRC traded down $0.65 during midday trading on Thursday, reaching $34.20. 352,795 shares of the company traded hands, compared to its average volume of 158,763. Kforce has a 52 week low of $33.28 and a 52 week high of $67.33. The stock has a 50-day moving average price of $41.62 and a 200 day moving average price of $45.68. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. The company has a market cap of $637.09 million, a price-to-earnings ratio of 12.76 and a beta of 0.75.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. lifted its holdings in Kforce by 8.5% during the 4th quarter. American Century Companies Inc. now owns 84,844 shares of the business services provider's stock worth $4,811,000 after purchasing an additional 6,677 shares during the last quarter. Sei Investments Co. raised its stake in Kforce by 3.4% during the 4th quarter. Sei Investments Co. now owns 53,609 shares of the business services provider's stock worth $3,039,000 after buying an additional 1,759 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Kforce during the 4th quarter worth approximately $692,000. LPL Financial LLC raised its stake in shares of Kforce by 33.2% in the fourth quarter. LPL Financial LLC now owns 12,194 shares of the business services provider's stock worth $691,000 after purchasing an additional 3,039 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Kforce by 25.2% in the fourth quarter. JPMorgan Chase & Co. now owns 52,511 shares of the business services provider's stock valued at $2,977,000 after acquiring an additional 10,565 shares in the last quarter. 92.77% of the stock is currently owned by institutional investors.

Insider Activity at Kforce

In other news, Director David L. Dunkel acquired 1,000 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The stock was acquired at an average cost of $37.80 per share, for a total transaction of $37,800.00. Following the completion of the acquisition, the director owned 517,329 shares in the company, valued at $19,555,036.20. This represents a 0.19% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 4.40% of the stock is currently owned by corporate insiders.

Kforce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.6%. Kforce's dividend payout ratio (DPR) is currently 65.27%.

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.