FS KKR Capital (FSK) Expected to Announce Quarterly Earnings on Wednesday

FS KKR Capital (NYSE:FSK) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect FS KKR Capital to post earnings of $0.67 per share and revenue of $419.97 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

FS KKR Capital Price Performance

Shares of NYSE FSK opened at $23.93 on Wednesday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The company’s 50-day moving average price is $22.19 and its 200 day moving average price is $20.98. FS KKR Capital has a 52 week low of $18.31 and a 52 week high of $24.04. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 12.73 and a beta of 1.25.

Analysts Set New Price Targets

FSK has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on shares of FS KKR Capital from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Royal Bank of Canada raised their target price on shares of FS KKR Capital from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Monday, November 18th. Wells Fargo & Company reissued an “equal weight” rating and set a $21.00 price target on shares of FS KKR Capital in a research note on Monday, December 2nd. Finally, B. Riley downgraded FS KKR Capital from a “buy” rating to a “neutral” rating and set a $21.50 price objective for the company. in a research report on Wednesday, December 11th. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $20.63.

Insider Buying and Selling at FS KKR Capital

In other news, insider Brian Gerson purchased 5,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was bought at an average cost of $22.08 per share, for a total transaction of $110,400.00. Following the completion of the purchase, the insider now directly owns 15,109 shares of the company’s stock, valued at $333,606.72. The trade was a 49.46 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have purchased a total of 11,500 shares of company stock worth $248,910 in the last quarter. 0.25% of the stock is owned by insiders.

About FS KKR Capital

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.