S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
NASDAQ:KFRC

Kforce - KFRC Stock Forecast, Price & News

$57.95
-0.38 (-0.65%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$57.00
$58.13
50-Day Range
$57.85
$68.88
52-Week Range
$55.94
$81.47
Volume
139,900 shs
Average Volume
114,771 shs
Market Capitalization
$1.24 billion
P/E Ratio
13.90
Dividend Yield
2.07%
Price Target
$67.50

Kforce MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
16.5% Upside
$67.50 Price Target
Short Interest
Bearish
4.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.10mentions of Kforce in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$228,375 Sold Last Quarter
Proj. Earnings Growth
-11.78%
From $4.16 to $3.67 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Business Services Sector

215th out of 429 stocks

Help Supply Services Industry

14th out of 20 stocks

KFRC stock logo

About Kforce (NASDAQ:KFRC) Stock

Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. This segment serves clients in various industries comprising financial and business services, communications, insurance, retail, and technology industries. The FA businesses segment offers talent solutions to its clients in areas, including financial planning and analysis, business intelligence analysis, accounting, transactional accounting, business and cost analysis, and taxation and treasury. It also provides consultants in lower skilled areas comprising loan servicing and support, customer and call center support, data entry, and other administrative roles. This segment serves clients in various industries, including financial and business services, healthcare, and manufacturing sectors. Kforce Inc. was founded in 1962 and is headquartered in Tampa, Florida.

Kforce Stock Performance

Kforce stock traded down $0.38 during mid-day trading on Friday, reaching $57.95. 139,904 shares of the company were exchanged, compared to its average volume of 103,567. The business has a fifty day moving average of $62.60 and a 200 day moving average of $68.16. The firm has a market cap of $1.23 billion, a P/E ratio of 13.90 and a beta of 1.05. Kforce has a 12-month low of $55.94 and a 12-month high of $81.47.

Kforce (NASDAQ:KFRC - Get Rating) last posted its earnings results on Monday, August 1st. The business services provider reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.18 by $0.12. The company had revenue of $436.50 million during the quarter, compared to analyst estimates of $440.44 million. Kforce had a return on equity of 44.12% and a net margin of 5.21%. Kforce's revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.00 earnings per share. Sell-side analysts predict that Kforce will post 4.16 EPS for the current year.

Kforce Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 16th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.07%. Kforce's dividend payout ratio is presently 28.78%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Truist Financial dropped their target price on Kforce from $80.00 to $65.00 in a research report on Friday, July 15th. Robert W. Baird dropped their price objective on Kforce from $80.00 to $70.00 and set an "outperform" rating on the stock in a research note on Friday. Finally, StockNews.com cut Kforce from a "strong-buy" rating to a "buy" rating in a research note on Wednesday.

Insider Activity

In other news, Director N John Simmons sold 3,500 shares of the stock in a transaction on Friday, May 20th. The stock was sold at an average price of $65.25, for a total transaction of $228,375.00. Following the completion of the sale, the director now owns 14,421 shares in the company, valued at approximately $940,970.25. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.50% of the company's stock.

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KFRC Stock News Headlines

Kforce (NASDAQ:KFRC) Price Target Cut to $70.00
Kforce (NASDAQ:KFRC) Lowered to "Buy" at StockNews.com
Kforce: Q2 Earnings Snapshot - Greenwich Time
Kforce (KFRC) Surpasses Q2 Earnings Estimates
Kforce (KFRC) to Release Quarterly Earnings on Monday
Kforce's Earnings Outlook
This is Why Kforce (KFRC) is a Great Dividend Stock
See More Headlines
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KFRC Company Calendar

Ex-Dividend for 6/24 Dividend
6/09/2022
Dividend Payable
6/24/2022
Last Earnings
8/01/2022
Today
8/07/2022
Ex-Dividend for 9/30 Dividend
9/15/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Human Resource & Employment Services
Current Symbol
NASDAQ:KFRC
CUSIP
49373210
Employees
2,000
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$67.50
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+16.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$75.18 million
Pretax Margin
6.84%

Debt

Sales & Book Value

Annual Sales
$1.58 billion
Cash Flow
$3.72 per share
Book Value
$9.94 per share

Miscellaneous

Free Float
20,011,000
Market Cap
$1.24 billion
Optionable
Optionable
Beta
1.05

Social Links















KFRC Stock - Frequently Asked Questions

Should I buy or sell Kforce stock right now?

2 Wall Street 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 analysts is that investors should "buy" Kforce stock.
View analyst ratings for Kforce
or view top-rated stocks.

What is Kforce's stock price forecast for 2022?

2 Wall Street research analysts have issued 12-month price objectives for Kforce's shares. Their KFRC stock forecasts range from $65.00 to $70.00. On average, they anticipate Kforce's stock price to reach $67.50 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts' price targets for Kforce
or view top-rated stocks among Wall Street analysts.

How has Kforce's stock price performed in 2022?

Kforce's stock was trading at $75.22 on January 1st, 2022. Since then, KFRC shares have decreased by 23.0% and is now trading at $57.95.
View the best growth stocks for 2022 here
.

When is Kforce's next earnings date?

Kforce is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our earnings forecast for Kforce
.

How were Kforce's earnings last quarter?

Kforce Inc. (NASDAQ:KFRC) announced its earnings results on Monday, August, 1st. The business services provider reported $1.30 earnings per share for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 44.12% and a net margin of 5.21%. The firm's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.00 earnings per share.

How often does Kforce pay dividends? What is the dividend yield for Kforce?

Kforce announced a quarterly dividend on Monday, August 1st. Investors 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 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Thursday, September 15th.
View Kforce's dividend history
.

Is Kforce a good dividend stock?

Kforce(NASDAQ:KFRC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.07%. Kforce 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 of Kforce is 28.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kforce will have a dividend payout ratio of 32.70% next year. This indicates that Kforce will be able to sustain or increase its dividend.
View Kforce's dividend history.

What guidance has Kforce issued on next quarter's earnings?

Kforce issued an update on its third quarter 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of $1.03-$1.11 for the period, compared to the consensus 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.

What is David L. Dunkel's approval rating as Kforce's CEO?

680 employees have rated Kforce CEO David L. Dunkel on Glassdoor.com. David L. Dunkel has an approval rating of 88% among Kforce's employees.

What other stocks do shareholders of Kforce own?

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).

What is Kforce's stock symbol?

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

Who are Kforce's major shareholders?

Kforce's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.18%), Paradigm Capital Management Inc. NY (0.95%), Royce & Associates LP (0.55%), Robeco Institutional Asset Management B.V. (0.40%), Aptus Capital Advisors LLC (0.28%) and Russell Investments Group Ltd. (0.20%). Company insiders that own Kforce 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.
View institutional ownership trends for Kforce
.

How do I buy shares of Kforce?

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.
Compare Top Brokerages Here.

What is Kforce's stock price today?

One share of KFRC stock can currently be purchased for approximately $57.95.

How much money does Kforce make?

Kforce (NASDAQ:KFRC) has a market capitalization of $1.23 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.

How many employees does Kforce have?

Kforce employs 2,000 workers across the globe.

Does Kforce have any subsidiaries?

The following companies are subsidiares of Kforce: Bradson Corp, Hall Kinion & Associates, KFAH II LLC, KFAH LLC, KGS Training Technologies Inc., Kforce Flexible Solutions LLC, Kforce Global Solutions Inc., Kforce Services Corporation, Kforce Staffing Solutions of California LLC, Kforce.com Inc., Pinkerton Computer Consultants, RDI Systems, Romac International Inc., and VistaRMS.
Read More

When was Kforce founded?

Kforce was founded in 1962.

How can I contact Kforce?

Kforce's mailing address is 1001 EAST PALM AVENUE, TAMPA FL, 33605. The official website for Kforce 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.

This page (NASDAQ:KFRC) was last updated on 8/8/2022 by MarketBeat.com Staff

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