Kforce - KFRC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

3 equities research 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 anticipate the company's stock price to reach $67.50 in the next twelve months. This suggests a possible upside of 23.0% 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 0.1% and is now trading at $54.90.
View the best growth stocks for 2023 here.

Kforce saw a drop in short interest during 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 trading volume, of 138,600 shares, the days-to-cover ratio is currently 5.7 days. Currently, 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, February 6th 2023.
View our KFRC earnings forecast.

Kforce will be holding an earnings conference call on Monday, February 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Kforce Inc. (NASDAQ:KFRC) issued its quarterly earnings results on Sunday, October, 31st. The business services provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.88 by $0.08. The business services provider earned $402.80 million during the quarter, compared to analyst estimates of $388.32 million. Kforce had a net margin of 5.23% and a trailing twelve-month return on equity of 44.12%. The company's revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the company earned $0.89 EPS.

Kforce declared a quarterly dividend on Monday, October 31st. Stockholders of record on Friday, December 9th will be paid a dividend of $0.30 per share on Friday, December 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Thursday, December 8th.
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 2.16%. 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 27.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KFRC will have a dividend payout ratio of 35.93% 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 fourth quarter 2022 earnings guidance on Wednesday, December, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $414.00 million-$422.00 million, compared to the consensus revenue estimate of $418.67 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 Tributary Capital Management LLC (1.33%), Natixis Advisors L.P. (0.33%), Assenagon Asset Management S.A. (0.20%), M&G Investment Management Ltd. (0.20%), Strs Ohio (0.06%) and SummerHaven Investment Management LLC (0.06%). 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.
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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 $54.90.

Kforce (NASDAQ:KFRC) has a market capitalization of $1.14 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 $4.30 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.