Kforce Inc. (NASDAQ:KFRC) to Issue Quarterly Dividend of $0.40

Kforce Inc. (NASDAQ:KFRC) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, September 11th will be given a dividend of 0.40 per share by the business services provider on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th.

Kforce has increased its dividend by an average of 0.1%per year over the last three years. Kforce has a payout ratio of 45.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 48.5%.

Kforce Trading Up 5.5%

Shares of KFRC opened at $58.15 on Tuesday. The business has a 50-day moving average of $49.43 and a 200 day moving average of $38.22. Kforce has a fifty-two week low of $24.49 and a fifty-two week high of $60.70. The firm has a market cap of $1.04 billion, a P/E ratio of 21.70 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.06 and a current ratio of 2.06.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Monday, July 27th. The business services provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.70 by $0.03. The business had revenue of $349.33 million for the quarter, compared to the consensus estimate of $348.11 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The company’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. As a group, research analysts forecast that Kforce will post 2.7 EPS for the current year.

Analysts Set New Price Targets

KFRC has been the topic of several research reports. Truist Financial boosted their price target on shares of Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday, July 22nd. UBS Group reaffirmed a “neutral” rating on shares of Kforce in a report on Thursday. Zacks Research lowered shares of Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Robert W. Baird boosted their target price on shares of Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Finally, William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $47.00.

Kforce Company Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.