FS KKR Capital (NYSE:FSK - Get Free Report) had its price target lifted by equities research analysts at Royal Bank of Canada from $20.00 to $21.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a "sector perform" rating on the stock. Royal Bank of Canada's price target suggests a potential downside of 0.99% from the stock's current price.
Separately, Wells Fargo & Company dropped their price target on FS KKR Capital from $21.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday, October 29th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $20.06.
Read Our Latest Stock Analysis on FS KKR Capital
Shares of FSK stock traded up $0.05 on Monday, reaching $21.21. 146,956 shares of the company were exchanged, compared to its average volume of 1,407,184. FS KKR Capital has a one year low of $18.31 and a one year high of $21.30. The company has a market cap of $5.94 billion, a price-to-earnings ratio of 11.28 and a beta of 1.25. The company has a 50-day moving average of $20.21 and a 200-day moving average of $20.03. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.96 and a quick ratio of 2.96.
FS KKR Capital (NYSE:FSK - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.04. The firm had revenue of $441.00 million for the quarter, compared to the consensus estimate of $423.58 million. FS KKR Capital had a net margin of 29.98% and a return on equity of 12.31%. During the same quarter in the prior year, the company posted $0.80 earnings per share. Analysts anticipate that FS KKR Capital will post 2.89 earnings per share for the current year.
Several large investors have recently modified their holdings of the business. ProShare Advisors LLC grew its stake in FS KKR Capital by 15.8% in the first quarter. ProShare Advisors LLC now owns 39,461 shares of the company's stock worth $753,000 after purchasing an additional 5,377 shares during the period. Orion Portfolio Solutions LLC lifted its stake in shares of FS KKR Capital by 47.4% during the 1st quarter. Orion Portfolio Solutions LLC now owns 62,938 shares of the company's stock valued at $1,200,000 after buying an additional 20,230 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in FS KKR Capital by 30.1% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,855 shares of the company's stock valued at $283,000 after purchasing an additional 3,439 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in FS KKR Capital by 5.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 240,330 shares of the company's stock worth $4,587,000 after purchasing an additional 11,807 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in FS KKR Capital by 6.5% during the 1st quarter. Advisors Asset Management Inc. now owns 190,742 shares of the company's stock valued at $3,637,000 after buying an additional 11,713 shares in the last quarter. 36.26% of the stock is owned by institutional investors.
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S.
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