Kforce (NASDAQ:KFRC) Hits New 12-Month High – What’s Next?

Kforce Inc. (NASDAQ:KFRC) shares reached a new 52-week high on Monday . The stock traded as high as $60.70 and last traded at $57.56, with a volume of 306156 shares traded. The stock had previously closed at $58.56.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Zacks Research cut shares of Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 21st. Finally, 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. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $39.67.

Kforce Stock Performance

The stock has a market capitalization of $1.02 billion, a P/E ratio of 21.42 and a beta of 0.87. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average price of $48.07 and a two-hundred day moving average price of $37.51.

Kforce (NASDAQ:KFRC) last released its quarterly earnings data on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $330.36 million during the quarter, compared to analyst estimates of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s revenue was up .1% compared to the same quarter last year. During the same period last year, the business earned $0.45 earnings per share. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. Equities analysts expect that Kforce Inc. will post 2.7 earnings per share for the current year.

Kforce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 12th. Kforce’s dividend payout ratio (DPR) is presently 80.81%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KFRC. Deprince Race & Zollo Inc. raised its position in shares of Kforce by 30.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after buying an additional 117,290 shares in the last quarter. CWM LLC grew its position in Kforce by 105.2% during the fourth quarter. CWM LLC now owns 20,996 shares of the business services provider’s stock worth $649,000 after buying an additional 10,764 shares in the last quarter. Hsbc Holdings PLC increased its stake in Kforce by 134.2% in the 4th quarter. Hsbc Holdings PLC now owns 38,552 shares of the business services provider’s stock worth $1,201,000 after acquiring an additional 22,093 shares during the last quarter. Copeland Capital Management LLC increased its stake in Kforce by 51.5% in the 1st quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock worth $19,484,000 after acquiring an additional 226,520 shares during the last quarter. Finally, AdvisorShares Investments LLC purchased a new stake in shares of Kforce in the 4th quarter valued at about $475,000. 92.77% of the stock is currently owned by hedge funds and other institutional investors.

About Kforce

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.