FS KKR Capital Corp. (FSK) Beta and Market Comparison: S&P500 vs FSK

After finishing at $18.82 in the prior trading day, FS KKR Capital Corp. (NYSE: FSK) closed at $18.54, down -1.49%. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 3888598 shares were traded. FSK stock price reached its highest trading level at $18.83 during the session, while it also had its lowest trading level at $18.53.

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Ratios:

Our goal is to gain a better understanding of FSK by taking a closer look at its different ratios.

On February 27, 2024, Compass Point Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $21.50 to $19.50.

On July 28, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $21.B. Riley Securities initiated its Buy rating on July 28, 2023, with a $21 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 08 when Hopkins Jerel A bought 500 shares for $20.09 per share. The transaction valued at 10,048 led to the insider holds 7,650 shares of the business.

Sandler Elizabeth bought 1,000 shares of FSK for $20,610 on Sep 01. The Co-President now owns 4,700 shares after completing the transaction at $20.61 per share. On Aug 30, another insider, Gerson Brian, who serves as the Co-President of the company, bought 1,000 shares for $20.54 each. As a result, the insider paid 20,540 and bolstered with 2,547 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSK now has a Market Capitalization of 5.19B. As of this moment, FS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.76, and their Forward P/E ratio for the next fiscal year is 6.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 0.74.

Stock Price History:

Over the past 52 weeks, FSK has reached a high of $20.94, while it has fallen to a 52-week low of $16.75. The 50-Day Moving Average of the stock is 20.25, while the 200-Day Moving Average is calculated to be 19.81.

Shares Statistics:

The stock has traded on average 1.73M shares per day over the past 3-months and 2.13M shares per day over the last 10 days, according to various share statistics. A total of 280.07M shares are outstanding, with a floating share count of 266.81M. Insiders hold about 0.22% of the company’s shares, while institutions hold 33.42% stake in the company. Shares short for FSK as of Jan 31, 2024 were 3.59M with a Short Ratio of 2.04, compared to 4.56M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.28% and a Short% of Float of 1.28%.

Dividends & Splits

In the trailing 12 months, FSK’s forward annual dividend rate was 2.50, compared to 2.53 this year. Against a Trailing Annual Dividend Yield of 13.28%, it implies a Forward Annual Dividend Yield of 14.01%. The stock’s 5-year Average Dividend Yield is 13.76. The current Payout Ratio is 819.57% for FSK, which recently paid a dividend on May 29, 2024 with an ex-dividend date of May 14, 2024. Stock splits for the company last occurred on Jun 16, 2020 when the company split stock in a 1:4 ratio.

Earnings Estimates

Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of $0.75 for the current quarter, with a high estimate of $0.78 and a low estimate of $0.71, while EPS last year was $0.78. The consensus estimate for the next quarter is $0.75, with high estimates of $0.8 and low estimates of $0.71.

Analysts are recommending an EPS of between $3.11 and $2.81 for the fiscal current year, implying an average EPS of $2.93. EPS for the following year is $2.73, with 9 analysts recommending between $2.94 and $2.44.

Revenue Estimates

10 analysts predict $444.54M in revenue for the current quarter. It ranges from a high estimate of $463.16M to a low estimate of $429.11M. As of the current estimate, FS KKR Capital Corp.’s year-ago sales were $456M, an estimated decrease of -2.50% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $445.35M, a decrease of -3.60% less than the figure of -$2.50% in the same quarter last year. There is a high estimate of $465.32M for the next quarter, whereas the lowest estimate is $419.5M.

A total of 11 analysts have provided revenue estimates for FSK’s current fiscal year. The highest revenue estimate was $1.86B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.76B. In the same quarter a year ago, actual revenue was $1.83B, down -3.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.78B and the low estimate is $1.55B. The average revenue growth estimate for next year is down -5.50% from the average revenue estimate for this year.

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