Kforce Stock Forecast, Price & News

Kforce's stock was trading at $29.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KFRC shares have increased by 16.4% and is now trading at $34.00.
View which stocks have been most impacted by COVID-19.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kforce in the last year. There are currently 4 hold ratings and 2 buy ratings 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 Wednesday, November 4th 2020.
View our earnings forecast for Kforce.

Kforce Inc. (NASDAQ:KFRC) released its earnings results on Monday, August, 10th. The business services provider reported $0.47 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.16. The business services provider had revenue of $343.02 million for the quarter, compared to the consensus estimate of $313.79 million. Kforce had a return on equity of 29.96% and a net margin of 3.54%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 earnings per share.
View Kforce's earnings history.

Kforce declared a quarterly dividend on Wednesday, August 12th. Shareholders of record on Friday, September 11th will be given a dividend of $0.20 per share on Friday, September 25th. This represents a $0.80 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, September 10th.
View Kforce's dividend history.

Kforce updated its third quarter earnings guidance on Monday, August, 10th. The company provided earnings per share guidance of $0.72-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.40. The company issued revenue guidance of $352-362 million, compared to the consensus revenue estimate of $316.62 million.

6 brokerages have issued twelve-month target prices for Kforce's stock. Their forecasts range from $30.00 to $36.00. On average, they expect Kforce's share price to reach $33.20 in the next year. This suggests that the stock has a possible downside of 2.4%.
View analysts' price targets for Kforce.

Kforce saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 368,600 shares, a decline of 16.1% from the August 15th total of 439,200 shares. Based on an average daily volume of 154,200 shares, the short-interest ratio is presently 2.4 days. Currently, 1.9% of the company's stock are sold short.
View Kforce's Short Interest.

Some companies that are related to Kforce include Tradeweb Markets (TW), Robert Half International (RHI), ManpowerGroup (MAN), ASGN (ASGN), Insperity (NSP), Korn Ferry (KFY), Kelly Services (KELYA), Trueblue (TBI), Heidrick & Struggles International (HSII), Barrett Business Services (BBSI), 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), DHT (DHT), Novavax (NVAX), Bristol-Myers Squibb (BMY), Eastman Chemical (EMN), International Paper (IP), Kohl's (KSS) and Maxar Technologies (MAXR).

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 investors include Vanguard Group Inc. (10.07%), FMR LLC (2.62%), Tributary Capital Management LLC (2.59%), LSV Asset Management (2.16%), Prudential Financial Inc. (1.97%) and Nuveen Asset Management LLC (1.82%). Company insiders that own Kforce stock include Andrew G Thomas, David L Dunkel, David M Kelly, Gordon Tunstall, 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 AQR Capital Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., LSV Asset Management, Hancock Whitney Corp, Prudential Financial Inc., Charles Schwab Investment Management Inc., and Polaris Capital Management LLC. 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, Ralph Struzziero, 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 FMR LLC, UBS Group AG, Tributary Capital Management LLC, Mackay Shields LLC, Baird Financial Group Inc., Jacobs Levy Equity Management Inc., AJO LP, and Aptus Capital Advisors LLC.
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 $34.00.

Kforce has a market capitalization of $746.20 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]