Kforce - KFRC Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KFRC shares.
View KFRC analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1 year price targets for Kforce's stock. Their KFRC share price forecasts range from $65.00 to $70.00. On average, they expect the company's stock price to reach $67.50 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price.
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Kforce's stock was trading at $75.22 at the beginning of 2022. Since then, KFRC shares have decreased by 25.4% and is now trading at $56.14.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our KFRC earnings forecast.

Kforce Inc. (NASDAQ:KFRC) issued its quarterly earnings data on Monday, August, 1st. The business services provider reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.18 by $0.12. The business services provider earned $436.50 million during the quarter, compared to analysts' expectations of $440.44 million. Kforce had a net margin of 5.21% and a trailing twelve-month return on equity of 44.12%. The company's quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm earned $1.00 earnings per share.

Kforce declared a quarterly dividend on Monday, August 1st. Stockholders of record on Friday, September 16th will be given a dividend of $0.30 per share on Friday, September 30th. This represents a $1.20 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for KFRC.

Kforce (NASDAQ:KFRC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.17%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 32.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFRC.

Kforce issued an update on its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $1.03-$1.11 for the period, compared to the consensus earnings per share estimate of $1.15. The company issued revenue guidance of $430.00 million-$438.00 million, compared to the consensus revenue estimate of $444.88 million.

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.

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).

Kforce trades on the NASDAQ under the ticker symbol "KFRC."

Kforce's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (10.82%), Polaris Capital Management LLC (5.70%), Northern Trust Corp (1.32%), Tributary Capital Management LLC (1.18%), Paradigm Capital Management Inc. NY (0.95%) and Lazard Asset Management LLC (0.84%). Insiders that own company stock include 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, Ralph Struzziero and Richard M Cocchiaro.
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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.
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One share of KFRC stock can currently be purchased for approximately $56.14.

Kforce (NASDAQ:KFRC) has a market capitalization of $1.19 billion and generates $1.58 billion in revenue each year. The business services provider earns $75.18 million in net income (profit) each year or $4.17 on an earnings per share basis.

The company employs 2,000 workers across the globe.

Kforce was founded in 1962.

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.