Kforce - KFRC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last twelve months. 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 brokerages have issued 12-month target prices 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 16.4% 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 the year. Since then, KFRC shares have increased by 5.8% and is now trading at $57.99.
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Kforce saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 784,900 shares, a decline 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. Currently, 4.0% of the company's shares are short sold.
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) released its quarterly earnings data on Sunday, October, 31st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.08. The business services provider had revenue of $402.80 million for the quarter, compared to the consensus estimate of $388.32 million. Kforce had a net margin of 5.23% and a trailing twelve-month return on equity of 44.12%. Kforce's revenue was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 earnings per share.

Kforce announced 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 2.07%. The ex-dividend date 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 2.14%. 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 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 many different institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (2.28%), 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%) and Kestrel Investment Management Corp (0.19%). 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 $57.99.

Kforce (NASDAQ:KFRC) has a market capitalization of $1.20 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.