NASDAQ:KFRCKforce Stock Price, Forecast & News

Kforce's stock was trading at $29.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KFRC shares have decreased by 7.1% and is now trading at $27.14. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kforce.

Kforce is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Kforce.

Kforce will be holding an earnings conference call on Monday, August 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Kforce Inc. (NASDAQ:KFRC) posted its earnings results on Wednesday, May, 6th. The business services provider reported $0.42 EPS for the quarter, hitting the Zacks' consensus estimate of $0.42. The business services provider had revenue of $335.21 million for the quarter, compared to analysts' expectations of $335 million. Kforce had a net margin of 8.34% and a return on equity of 30.80%. View Kforce's earnings history.

Kforce announced a quarterly dividend on Wednesday, May 6th. Investors of record on Friday, June 5th will be given a dividend of $0.20 per share on Friday, June 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date of this dividend is Thursday, June 4th. View Kforce's dividend history.

Kforce issued an update on its second quarter earnings guidance on Tuesday, June, 2nd. The company provided earnings per share (EPS) guidance of above $0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.31. The company issued revenue guidance of above $310.5 million, compared to the consensus revenue estimate of $310.47 million.

6 brokerages have issued 1 year target prices for Kforce's shares. Their forecasts range from $30.00 to $33.00. On average, they anticipate Kforce's share price to reach $31.75 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for Kforce.

News stories about KFRC stock have trended somewhat negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kforce earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Kforce.

Kforce saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 421,200 shares, an increase of 21.7% from the June 15th total of 346,000 shares. Based on an average daily trading volume, of 136,700 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.2% of the company's stock are short sold. View Kforce's Current Options Chain.

Some companies that are related to Kforce include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Insperity (NSP), Wageworks (WAGE), Korn Ferry (KFY), Kelly Services (KELYA), Trueblue (TBI), Barrett Business Services (BBSI), Heidrick & Struggles International (HSII), GP Strategies (GPX) and Hudson Global (HSON). View all competitors.

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), UnitedHealth Group (UNH), DHT (DHT), Eastman Chemical (EMN), International Paper (IP), Kohl's (KSS), Altria Group (MO) and NVIDIA (NVDA).

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

Kforce's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (1.17%), Envestnet Asset Management Inc. (0.17%) and Diversified Trust Co (0.04%). Company insiders that own Kforce stock include Andrew G Thomas, David L Dunkel, David M Kelly, Gordon Tunstall, Howard W Sutter, Jeffrey B Hackman, John Allred, Joseph J Liberatore, Kye L Mitchell, Mark F Furlong, Michael R Blackman, N John Simmons, Ralph Struzziero and Richard M Cocchiaro. View institutional ownership trends for Kforce.

KFRC stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, and Envestnet Asset Management Inc.. Company insiders that have sold Kforce company stock in the last year include David L Dunkel, David M Kelly, Joseph J Liberatore, Kye L Mitchell, Mark F Furlong, Michael R Blackman, and Richard M Cocchiaro. View insider buying and selling activity for Kforce.

KFRC stock was acquired by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity for Kforce.

Shares of KFRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of KFRC stock can currently be purchased for approximately $27.14.

Kforce has a market capitalization of $594.96 million and generates $1.35 billion in revenue each year. The business services provider earns $130.86 million in net income (profit) each year or $2.35 on an earnings per share basis. Kforce employs 2,300 workers across the globe.

The official website for Kforce is www.kforce.com.

Kforce's mailing address is 1001 EAST PALM AVENUE, TAMPA FL, 33605. The business services provider can be reached via phone at 813-552-5000 or via email at [email protected]