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 brokerages have issued 12-month price targets for Kforce's shares. Their KFRC share price forecasts range from $65.00 to $70.00. On average, they predict the company's share price to reach $67.50 in the next year. This suggests a possible upside of 16.7% 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 at the beginning of 2023. Since then, KFRC stock has increased by 5.5% and is now trading at $57.84.
View the best growth stocks for 2023 here.

Kforce saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 784,900 shares, a drop of 6.5% from the December 31st total of 839,200 shares. Based on an average daily volume of 138,600 shares, the short-interest ratio is presently 5.7 days. Approximately 4.0% of the company's stock are sold short.
View Kforce's Short Interest.

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) released its quarterly earnings results on Monday, February, 6th. The business services provider reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.01. The business services provider earned $419.66 million during the quarter, compared to the consensus estimate of $418.51 million. Kforce had a net margin of 4.41% and a trailing twelve-month return on equity of 42.27%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.98 EPS.

Kforce declared a quarterly dividend on Monday, February 6th. Stockholders 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 dividend yield of 2.49%. The ex-dividend date 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.

Kforce (NASDAQ:KFRC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.09%. 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 32.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 30.46% 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 first quarter 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share (EPS) guidance of $0.78-$0.86 for the period, compared to the consensus 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 variety of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (2.28%), Tributary Capital Management LLC (1.33%), Paradigm Capital Management Inc. NY (0.95%), LSV Asset Management (0.55%), UBS Group AG (0.46%) and Natixis Advisors L.P. (0.33%). 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 and Ralph Struzziero.
View institutional ownership trends.

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 $57.84.

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 $75.18 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.