FS KKR Capital Corp (NYSE:FSK) has earned an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $7.63.

A number of research analysts recently commented on FSK shares. Jefferies Financial Group started coverage on FS KKR Capital in a research note on Thursday. They issued a “buy” rating and a $8.00 price target for the company. JPMorgan Chase & Co. raised FS KKR Capital from a “neutral” rating to an “overweight” rating and set a $6.50 price target for the company in a research note on Friday, August 9th. ValuEngine raised FS KKR Capital from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 4th. Finally, Zacks Investment Research downgraded FS KKR Capital from a “buy” rating to a “hold” rating in a research note on Wednesday.

Shares of FS KKR Capital stock traded up $0.06 during trading on Thursday, reaching $5.79. The company’s stock had a trading volume of 2,502,208 shares, compared to its average volume of 2,434,711. The business’s 50-day moving average price is $5.79 and its 200-day moving average price is $5.99. The firm has a market cap of $2.97 billion, a PE ratio of 6.81, a P/E/G ratio of 2.57 and a beta of 1.11. FS KKR Capital has a 52 week low of $5.09 and a 52 week high of $6.87. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 0.84.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.01. The business had revenue of $199.00 million during the quarter, compared to the consensus estimate of $194.84 million. FS KKR Capital had a return on equity of 8.66% and a net margin of 12.11%. Equities analysts predict that FS KKR Capital will post 0.74 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 13.13%. The ex-dividend date was Tuesday, September 17th. FS KKR Capital’s dividend payout ratio (DPR) is presently 89.41%.

In other FS KKR Capital news, Director Michael J. Hagan bought 42,100 shares of the stock in a transaction on Monday, September 9th. The stock was purchased at an average price of $5.95 per share, with a total value of $250,495.00. Also, Director Richard I. Goldstein bought 5,000 shares of the stock in a transaction on Monday, August 12th. The shares were acquired at an average cost of $5.76 per share, with a total value of $28,800.00. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 57,100 shares of company stock valued at $335,795. 0.35% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of FSK. Horan Securities Inc. acquired a new position in FS KKR Capital during the second quarter worth about $27,000. Gradient Investments LLC acquired a new position in FS KKR Capital during the second quarter worth about $31,000. Kistler Tiffany Companies LLC acquired a new position in FS KKR Capital during the second quarter worth about $31,000. Hanson McClain Inc. acquired a new position in FS KKR Capital during the second quarter worth about $31,000. Finally, TCG Advisors LP acquired a new position in FS KKR Capital during the second quarter worth about $33,000. 29.94% of the stock is owned by hedge funds and other institutional investors.

About FS KKR Capital

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.

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