With over 2.67 million FS KKR Capital Corp. (FSK) shares trading Friday and a closing price of $17.93 on the day, the dollar volume was approximately $47.85 million. The shares have shown a negative half year performance of -14.79% and its price on 03/10/23 lost nearly -4.68%. Currently, there are 281.17M common shares owned by the public and among those 260.79M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 9 analysts who have offered their price forecasts for FSK have a consensus price objective of $21.00. The analysts have set the share’s price value over the next 12 months at a high of $24.00 and a low of $19.00. The average price target is 15.18% above its recent price level and an upside to the estimated low will see the stock gain 5.63% over that period. But an upside of 25.29% will see the stock hit the forecast high price target while median target price for the stock is $21.00.
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Insiders at the company have transacted a total of 15 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 14 of these insider trades were purchases, accounting for 29,567 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 10,090 shares.
The top 3 mutual fund holders in FS KKR Capital Corp. are VanEck Vectors – BDC Income ETF, iShares II Plc – Listed Private E, and Dynamic Alternative Yield Fund. VanEck Vectors – BDC Income ETF owns 4.1 million shares of the company’s stock, all valued at over $80.81 million. Dynamic Alternative Yield Fund now owns shares totaling to 0.43% of the shares outstanding.
Shares of FS KKR Capital Corp. (NYSE: FSK) opened at $18.88, up $0.07 from a prior closing price of $18.81. However, the script later moved the day high at 18.95, down -4.68%. The company’s stock has a 5-day price change of -10.08% and -3.66% over the past three months. FSK shares are trading 2.46% year to date (YTD), with the 12-month market performance down to -21.09% lower. It has a 12-month low price of $16.64 and touched a high of $23.29 over the same period. FSK has an average intraday trading volume of 1.06 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.40%, -6.31%, and -8.68% respectively.
Institutional ownership of FS KKR Capital Corp. (NYSE: FSK) shares accounts for 36.68% of the company’s 281.17M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $5.04B. The stock’s trailing 12-month PE ratio is 59.77, while the earnings-per-share (ttm) stands at $0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.93% over the week and 2.21% over the month.
Analysts forecast that FS KKR Capital Corp. (FSK) will achieve an EPS of $0.73 for the current quarter, $0.72 for the next quarter and $2.9 for 2023. The lowest estimate earnings-per-share for the quarter is $0.68 while analysts give the company a high EPS estimate of $0.75. Comparatively, EPS for the current quarter was $0.66 a year ago. Earnings per share for the fiscal year are expected to increase by 2.00%, and -3.00% over the next financial year. EPS should shrink at an annualized rate of -0.90% over the next five years, compared to 6.92% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 9 brokerage firm advisors rate FS KKR Capital Corp. (FSK) as a “Moderate Buy” at a consensus score of 2.40. Specifically, 3 Wall Street analysts polled rate the stock as a buy, while 6 of the 9 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the FSK, a number of firms have released research notes about the stock. Wells Fargo stated their Equal Weight rating for the stock in a research note on March 02, 2022, with the firm’s price target at $19.50-$21.50. RBC Capital Mkts coverage for the FS KKR Capital Corp. (FSK) stock in a research note released on June 18, 2021 offered a Sector Perform rating with a price target of $23. Wells Fargo on their part issued Underweight rating on November 12, 2020.
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