With over 0.6 million FS KKR Capital Corp. (FSK) shares trading Friday and a closing price of $15.75 on the day, the dollar volume was approximately $9.5 million. The shares have shown a positive weekly performance of 6.78% and its price on 07/24/20 lost nearly -0.82%. Currently, there are 123.76M common shares owned by the public.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 8 analysts who have offered their price forecasts for FSK have a consensus price objective of $16.64. The analysts have set the share’s price value over the next 12 months at a high of $22.00 and a low of $14.00 should the stock experience a downside. Incidentally, analysts’ outlook for the FS KKR Capital Corp. stock is 2.20 for the next 12 months. The average price target is 4.55% above its last price level and an upside to the estimated low will see the stock lose -12.5% over that period. But an upside of 28.41% will see the stock hit the forecast high price target while mean target price for the stock is $16.00.
Insiders at the company have transacted a total of 30 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 24 of these insider trades were purchases, accounting for 245,318 shares. Insider sales of the common stock occurred on 6 occasions, with total insider shares sold totaling 243,156 shares.
The top 3 mutual fund holders in FS KKR Capital Corp. are iShares II Plc – Listed Private E, VanEck Vectors – BDC Income ETF, and Invesco KBW High Dividend Yield F. iShares II Plc – Listed Private E owns 0.75 million shares of the company’s stock, all valued at over $10.47 million. VanEck Vectors – BDC Income ETF bought 1935.0 shares to see its total holdings expand to 0.66 million shares valued at over $9.2 million and representing 0.53% of the shares outstanding. Invesco KBW High Dividend Yield F now owns shares totaling to 0.48% of the shares outstanding.
Shares of FS KKR Capital Corp. (NYSE: FSK) opened at $15.90, up $0.02 from a prior closing price of $15.88. However, the script later closed the day at $15.75, down -0.82%. The company’s stock has a 5-day price change of 6.78% and 21.15% over the past three months. FSK shares are trading -35.77% year to date (YTD), with the 12-month market performance down to -33.93% lower. It has a 12-month low price of $4.04 and touched a high of $25.52 over the same period. Currently, 0.6 million shares have been traded, compared to an average intraday trading volume of 917.32K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.65%, 9.16%, and -18.15% respectively.
Institutional ownership of FS KKR Capital Corp. (NYSE: FSK) shares accounts for 30.47% of the company’s 123.76M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $1.95B. The earnings-per-share (ttm) stands at -$4.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.70% over the week and 2.90% over the month.
Analysts forecast that FS KKR Capital Corp. (FSK) will achieve an EPS of $0.62 for the current quarter, $0.64 for the next quarter and $2.58 for 2021. The lowest estimate earnings-per-share for the quarter is $0.6 while analysts give the company a high EPS estimate of $0.65. Comparatively, EPS for the current quarter was $0.76 a year ago. Earnings per share for the fiscal year are expected to decrease by -16.60%, and -3.70% over the next financial year. EPS should grow at an annualized rate of -0.90% over the next five years, compared to -12.56% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 8 brokerage firm advisors rate FS KKR Capital Corp. (FSK) as a “Moderate Buy” at a consensus score of 2.20. Specifically, 3 Wall Street analysts polled rate the stock as a buy, while 4 of the 8 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. Raymond James stated their Outperform rating for the stock in a research note on June 24, 2020, with the firm’s price target at $17. Jefferies coverage for the FS KKR Capital Corp. (FSK) stock in a research note released on October 10, 2019 offered a Buy rating with a price target of $8. JP Morgan was of a view on August 09, 2019 that the stock is Overweight, while Raymond James gave the stock Mkt Perform rating on June 05, 2019, issuing a price target of .