Brokerages Set FS KKR Capital Corp. (NYSE:FSK) PT at $10.58

FS KKR Capital Corp. (NYSE:FSK) has been given an average rating of “Reduce” by the eight research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $10.9286.

A number of research firms have recently weighed in on FSK. Weiss Ratings restated a “sell (d+)” rating on shares of FS KKR Capital in a report on Tuesday, June 2nd. Keefe, Bruyette & Woods decreased their price objective on shares of FS KKR Capital from $15.00 to $11.00 and set a “market perform” rating for the company in a report on Thursday, April 16th. Truist Financial increased their target price on shares of FS KKR Capital from $11.00 to $12.00 and gave the stock a “hold” rating in a research report on Friday. Royal Bank Of Canada restated a “sector perform” rating and set a $11.00 target price on shares of FS KKR Capital in a report on Tuesday, May 12th. Finally, Wells Fargo & Company reduced their price target on FS KKR Capital from $11.00 to $10.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th.

FS KKR Capital News Roundup

Here are the key news stories impacting FS KKR Capital this week:

• Positive Sentiment: FSK reported second-quarter adjusted net investment income of $0.43 per share, exceeding the $0.42 consensus estimate, while revenue of $290 million also topped expectations of $286.75 million. Results improved substantially from the prior-year loss of $0.75 per share. FS KKR Capital Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The board declared a third-quarter distribution of $0.44 per share, up 4.8% from $0.42 previously and equivalent to an approximately 14.8% annualized yield. The dividend is payable October 2 to shareholders of record September 16. FS KKR Capital Announces Second Quarter Results and Distribution
• Positive Sentiment: Management expects 8%–9% annualized net investment income for the remainder of 2026 and is advancing share repurchases and portfolio rotation. Debt-to-equity declined to 127% from 138%, moving leverage closer to the company’s target range. FSK Expects 8% to 9% Annualized Net Investment Income
• Positive Sentiment: A Seeking Alpha analysis upgraded FSK to a “Buy,” reflecting a more favorable view of its income outlook, valuation and improving credit trends. FS KKR Time to Get Bullish Again
• Neutral Sentiment: Truist raised its price target from $11 to $12 but maintained a “Hold” rating, indicating limited expected upside at recent trading levels. Benzinga
• Negative Sentiment: Net asset value fell to $18.30 per share from $18.83, and FSK posted a second-quarter GAAP loss of $0.13 per share because of $0.56 per-share realized and unrealized investment losses. Continued portfolio losses and non-accrual assets remain important risks. FS KKR Capital Second Quarter Results

Institutional Investors Weigh In On FS KKR Capital

A number of large investors have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of FS KKR Capital in the fourth quarter valued at approximately $26,000. Jessup Wealth Management Inc acquired a new position in FS KKR Capital in the 4th quarter valued at $26,000. FNY Investment Advisers LLC acquired a new position in FS KKR Capital in the 4th quarter valued at $28,000. Harborfront Financial Group LLC bought a new position in FS KKR Capital in the 2nd quarter worth $30,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in FS KKR Capital in the 4th quarter worth $31,000. Institutional investors own 36.26% of the company’s stock.

FS KKR Capital Stock Up 4.5%

FSK stock opened at $12.42 on Friday. The company has a market cap of $3.48 billion, a price-to-earnings ratio of -9.20 and a beta of 0.83. FS KKR Capital has a 12-month low of $9.72 and a 12-month high of $18.85. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 1.38. The company has a 50 day moving average of $10.75 and a two-hundred day moving average of $11.26.

FS KKR Capital (NYSE:FSK) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $290.00 million during the quarter, compared to the consensus estimate of $286.75 million. FS KKR Capital had a positive return on equity of 9.43% and a negative net margin of 28.52%.During the same period last year, the business earned ($0.75) EPS. On average, equities analysts anticipate that FS KKR Capital will post 1.64 earnings per share for the current fiscal year.

FS KKR Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Wednesday, September 16th will be issued a $0.44 dividend. This is an increase from FS KKR Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, September 16th. This represents a $1.76 annualized dividend and a yield of 14.2%. FS KKR Capital’s dividend payout ratio is presently -130.37%.

About FS KKR Capital

FS KKR Capital Corp (NYSE:FSK) is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.