NASDAQ:KFRC Kforce (KFRC) Stock Forecast, Price & News $59.88 +0.58 (+0.98%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$59.11▼$60.1950-Day Range$56.29▼$66.3152-Week Range$49.35▼$66.74Volume126,159 shsAverage Volume154,463 shsMarket Capitalization$1.20 billionP/E Ratio18.65Dividend Yield2.40%Price Target$62.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kforce MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.5% Upside$62.00 Price TargetShort InterestBearish6.65% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingSelling Shares$129,442 Sold Last QuarterProj. Earnings Growth0.30%From $3.28 to $3.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.60 out of 5 starsBusiness Services Sector262nd out of 307 stocksHelp Supply Services Industry14th out of 15 stocks 1.0 Analyst's Opinion Consensus RatingKforce has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.00, Kforce has a forecasted upside of 3.5% from its current price of $59.88.Amount of Analyst CoverageKforce has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted6.65% of the float of Kforce has been sold short.Short Interest Ratio / Days to CoverKforce has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.Change versus previous monthShort interest in Kforce has recently increased by 2.44%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldKforce pays a meaningful dividend of 2.47%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKforce has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Kforce is 44.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kforce will have a dividend payout ratio of 43.77% next year. This indicates that Kforce will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KFRC. Previous Next 2.6 News and Social Media Coverage News SentimentKforce has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Kforce this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kforce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $129,442.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Kforce is held by insiders.Percentage Held by Institutions92.85% of the stock of Kforce is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Kforce are expected to grow by 0.30% in the coming year, from $3.28 to $3.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kforce is 18.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Kforce is 18.65, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 33.87.Price to Book Value per Share RatioKforce has a P/B Ratio of 6.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kforce (NASDAQ:KFRC) StockKforce 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. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. The company was founded in 1962 and is headquartered in Tampa, Florida.Read More KFRC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KFRC Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comKforce Inc. (NASDAQ:KFRC) Director Sells $129,442.50 in StockSeptember 17, 2023 | americanbankingnews.comKforce (NASDAQ:KFRC) Shares Gap Up to $56.29September 22, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 12, 2023 | bizjournals.comKforce's longtime COO Kye Mitchell to depart after internal reorganizationSeptember 6, 2023 | finance.yahoo.comOI Glass and Kforce have been highlighted as Zacks Bull and Bear of the DaySeptember 6, 2023 | finance.yahoo.comKforce Inc. Announces Participation in the Sidoti Small Cap ConferenceAugust 3, 2023 | markets.businessinsider.comTruist Financial Remains a Hold on Kforce (KFRC)August 2, 2023 | finance.yahoo.comKforce cuts costs as lower tech spending weighs on revenueSeptember 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!August 1, 2023 | finance.yahoo.comQ2 2023 Kforce Inc Earnings CallAugust 1, 2023 | finance.yahoo.comWhy Kforce Stock Was Slumping TodayAugust 1, 2023 | finance.yahoo.comKforce (KFRC) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesJuly 31, 2023 | marketwatch.comKforce Shares Down 6.5% After Reporting 2Q Financial ResultsJuly 31, 2023 | chron.comKforce: Q2 Earnings SnapshotJuly 31, 2023 | finance.yahoo.comKforce Reports Second Quarter 2023 Revenue of $389.2 Million and Earnings Per Share of $0.95; Reduces Annualized Operating Costs by Approximately $14.0 MillionJuly 31, 2023 | finance.yahoo.comKforce (KFRC) Misses Q2 Earnings and Revenue EstimatesJuly 31, 2023 | msn.comStocks Set to Open Higher as Investors Await U.S. Payrolls Data and More Big Tech EarningsJuly 13, 2023 | seekingalpha.comKforce Q2 2023 Earnings Preview: Taking A More Cautious ApproachJuly 10, 2023 | fool.comKforce (NASDAQ: KFRC)July 6, 2023 | finance.yahoo.comKforce Inc. Announces Second Quarter 2023 Earnings Date and Participation in Wells Fargo Fintech, Information and Business Services ForumJuly 3, 2023 | finance.yahoo.comKforce Inc.'s (NASDAQ:KFRC) Stock Has Fared Decently: Is the Market Following Strong Financials?June 15, 2023 | finance.yahoo.comThis Stock Is a Prime Candidate to Get Disrupted by AIJune 6, 2023 | finance.yahoo.com5 Stocks to Gain From Stunning Jobs Growth in MayJune 1, 2023 | msn.comUBS Initiates Coverage of Kforce (KFRC) with Neutral RecommendationMay 17, 2023 | finance.yahoo.comKforce Announces Participation at the Baird 2023 Global Consumer, Technology and Services ConferenceMay 16, 2023 | marketwatch.comHow the price action of Kforce ($KFRC) is used to our AdvantageMay 12, 2023 | finance.yahoo.comKforce (NASDAQ:KFRC) shareholders have earned a 29% CAGR over the last three yearsSee More Headlines Receive KFRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kforce and its competitors with MarketBeat's FREE daily newsletter. Email Address KFRC Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings7/31/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/22/2023Dividend Payable9/29/2023Next Earnings (Estimated)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Help supply services Sub-IndustryHuman Resource & Employment Services SectorBusiness Services Current SymbolNASDAQ:KFRC CUSIP49373210 CIK930420 Webwww.kforce.com Phone(813) 552-5000Fax813-254-9640Employees2,000Year Founded1962Price Target and Rating Average Stock Price Forecast$62.00 High Stock Price Forecast$62.00 Low Stock Price Forecast$62.00 Forecasted Upside/Downside+3.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.21 Trailing P/E Ratio18.64 Forward P/E Ratio18.25 P/E GrowthN/ANet Income$75.43 million Net Margins3.88% Pretax Margin5.30% Return on Equity39.62% Return on Assets19.44% Debt Debt-to-Equity Ratio0.13 Current Ratio2.49 Quick Ratio2.49 Sales & Book Value Annual Sales$1.71 billion Price / Sales0.70 Cash Flow$4.52 per share Price / Cash Flow13.25 Book Value$8.78 per share Price / Book6.82Miscellaneous Outstanding Shares20,120,000Free Float19,014,000Market Cap$1.20 billion OptionableOptionable Beta0.88 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Joseph J. Liberatore (Age 60)CEO, Pres & Director Comp: $2.76MMr. Jeffrey B. Hackman (Age 44)CFO & Principal Accounting Officer Comp: $1.1MMr. David M. Kelly (Age 57)COO, Chief Admin. Officer and Corp. Sec. Comp: $1.48MMr. Andrew G. Thomas (Age 56)Chief Marketing & People Officer Comp: $1.11MMr. Denis EdwardsChief Information OfficerMs. Jennifer SmaydaGen. CounselMr. Michael R. Blackman (Age 68)Chief Corp. Devel. Officer Mr. Virgil PalumboPres of Organizational EfficiencyMr. Manish MohanChief Global Talent Solutions OfficerMr. Douglas RichChief of StaffMore ExecutivesKey CompetitorsKelly ServicesNASDAQ:KELYABarrett Business ServicesNASDAQ:BBSITrueBlueNYSE:TBIInsperityNYSE:NSPManpowerGroupNYSE:MANView All CompetitorsInsiders & InstitutionsBarclays PLCSold 5,615 shares on 9/21/2023Ownership: 0.065%Elaine RosenSold 2,250 sharesTotal: $129,442.50 ($57.53/share)New South Capital Management Inc.Sold 47,228 shares on 8/22/2023Ownership: 2.814%California State Teachers Retirement SystemSold 1,238 shares on 8/21/2023Ownership: 0.116%Osaic Holdings Inc.Bought 3,660 shares on 8/21/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions KFRC Stock - Frequently Asked Questions Should I buy or sell Kforce stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KFRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KFRC, but not buy additional shares or sell existing shares. View KFRC analyst ratings or view top-rated stocks. What is Kforce's stock price forecast for 2023? 2 brokers have issued 1-year target prices for Kforce's stock. Their KFRC share price forecasts range from $62.00 to $62.00. On average, they expect the company's stock price to reach $62.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View analysts price targets for KFRC or view top-rated stocks among Wall Street analysts. How have KFRC shares performed in 2023? Kforce's stock was trading at $54.83 at the beginning of 2023. Since then, KFRC shares have increased by 9.2% and is now trading at $59.85. View the best growth stocks for 2023 here. When is Kforce's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our KFRC earnings forecast. How were Kforce's earnings last quarter? Kforce Inc. (NASDAQ:KFRC) announced its quarterly earnings results on Monday, July, 31st. The business services provider reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $0.98 by $0.03. The business services provider earned $389.10 million during the quarter, compared to the consensus estimate of $395.87 million. Kforce had a net margin of 3.88% and a trailing twelve-month return on equity of 39.62%. The firm's revenue was down 10.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.30 EPS. How often does Kforce pay dividends? What is the dividend yield for Kforce? Kforce declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, September 15th will be given a dividend of $0.36 per share on Friday, September 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Thursday, September 14th. Read our dividend analysis for KFRC. What ETFs hold Kforce's stock? ETFs with the largest weight of Kforce (NASDAQ:KFRC) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and Hartford Multifactor Small Cap ETF (ROSC).iShares U.S. Small Cap Equity Factor ETF (SMLF). Is Kforce a good dividend stock? Kforce (NASDAQ:KFRC) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.47%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 43.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KFRC. What guidance has Kforce issued on next quarter's earnings? Kforce updated its third quarter 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share guidance of $0.60-$0.68 for the period, compared to the consensus EPS estimate of $0.98. The company issued revenue guidance of $359.00 million-$367.00 million, compared to the consensus revenue estimate of $399.07 million. What is David L. Dunkel's approval rating as Kforce's CEO? 680 employees have rated Kforce Chief Executive Officer David L. Dunkel on Glassdoor.com. David L. Dunkel has an approval rating of 88% among the company's employees. What other stocks do shareholders of Kforce own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kforce investors own include Extra Space Storage (EXR), Hanesbrands (HBI), Brinker International (EAT), DHT (DHT), International Paper (IP), Novavax (NVAX), Domtar (UFS), Bristol-Myers Squibb (BMY), Eastman Chemical (EMN) and Iron Mountain (IRM). What is Kforce's stock symbol? Kforce trades on the NASDAQ under the ticker symbol "KFRC." Who are Kforce's major shareholders? Kforce's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (12.50%), BlackRock Inc. (8.81%), Charles Schwab Investment Management Inc. (3.01%), Vaughan Nelson Investment Management L.P. (2.93%), New South Capital Management Inc. (2.81%) and Franklin Resources Inc. (2.36%). Insiders that own company stock include Andrew G Thomas, David L Dunkel, David L Dunkel, David M Kelly, Elaine Rosen, Jeffrey B Hackman, Jeffrey B Hackman, Joseph J Liberatore, Joseph J Liberatore, Kye L Mitchell, Mark F Furlong, Michael R Blackman, N John Simmons and Ralph Struzziero. View institutional ownership trends. How do I buy shares of Kforce? Shares of KFRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kforce's stock price today? One share of KFRC stock can currently be purchased for approximately $59.85. How much money does Kforce make? Kforce (NASDAQ:KFRC) has a market capitalization of $1.20 billion and generates $1.71 billion in revenue each year. The business services provider earns $75.43 million in net income (profit) each year or $3.21 on an earnings per share basis. How many employees does Kforce have? The company employs 2,000 workers across the globe. Does Kforce have any subsidiaries? The following companies are subsidiares of Kforce: Bradson Corp, Hall Kinion & Associates, KFAH II LLC, KFAH LLC, KGS Training Technologies Inc., Kforce Flexible Solutions LLC, Kforce Global Solutions Inc., Kforce Services Corporation, Kforce Staffing Solutions of California LLC, Kforce.com Inc., Pinkerton Computer Consultants, RDI Systems, Romac International Inc., and VistaRMS.Read More How can I contact Kforce? Kforce's mailing address is 1001 EAST PALM AVENUE, TAMPA FL, 33605. The official website for the company is www.kforce.com. The business services provider can be reached via phone at (813) 552-5000, via email at mblackman@kforce.com, or via fax at 813-254-9640. This page (NASDAQ:KFRC) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kforce Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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