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 target prices for Kforce's stock. Their KFRC share price forecasts range from $65.00 to $70.00. On average, they predict the company's stock price to reach $67.50 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for KFRC or view top-rated stocks among Wall Street analysts.

Kforce's stock was trading at $54.83 on January 1st, 2023. Since then, KFRC stock has increased by 12.4% and is now trading at $61.64.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our KFRC earnings forecast.

Kforce Inc. (NASDAQ:KFRC) posted its earnings results on Monday, February, 6th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.01. The business services provider earned $419.66 million during the quarter, compared to analyst estimates of $418.51 million. Kforce had a trailing twelve-month return on equity of 43.52% and a net margin of 4.41%. The business's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 earnings per share.

Kforce announced a quarterly dividend on Monday, February 6th. Investors of record on Friday, March 10th will be given a dividend of $0.36 per share on Friday, March 24th. This represents a $1.44 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, March 9th. This is a positive change from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for KFRC.

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), Roundhill Acquirers Deep Value ETF (DEEP), Hartford Multifactor Small Cap ETF (ROSC), Distillate Small/Mid Cash Flow ETF (DSMC), Royce Quant Small-Cap Quality Value ETF (SQLV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Small Cap US Equity Select ETF (RNSC).

Kforce (NASDAQ:KFRC) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.30%. 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 39.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 36.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KFRC.

Kforce updated its first quarter 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share guidance of $0.78-$0.86 for the period, compared to the consensus earnings per share estimate of $0.81. The company issued revenue guidance of $406.00 million-$414.00 million, compared to the consensus revenue estimate of $407.83 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 a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.91%), New South Capital Management Inc. (3.11%), Vaughan Nelson Investment Management L.P. (2.28%), Geode Capital Management LLC (2.00%), Charles Schwab Investment Management Inc. (1.43%) and Fuller & Thaler Asset Management Inc. (1.35%). 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.
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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 $61.64.

Kforce (NASDAQ:KFRC) has a market capitalization of $1.25 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 $3.67 on an earnings per share basis.

The company employs 2,000 workers across the globe.

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.