FS KKR Capital Corp. (NYSE: FSK) is -4.58% lower on its value in year-to-date trading and has touched a low of $17.12 and a high of $20.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSK stock was last observed hovering at around $18.81 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $18.95, the stock is 1.10% and -3.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 0.74% at the moment leaves the stock -3.15% off its SMA200. FSK registered 5.58% gain for a year compared to 6-month loss of -2.78%.
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The stock witnessed a 1.00% gain in the last 1 month and extending the period to 3 months gives it a -4.96%, and is 1.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.94% over the week and 1.39% over the month.
Current P/E ratio is 7.64 and Fwd P/E is 7.15. Distance from 52-week low is 10.71% and -9.21% from its 52-week high.
FS KKR Capital Corp. quarterly earnings per share for the current quarter are estimated at $0.72 with sales reaching $433.2M over the same period.The EPS is expected to shrink by -9.60% this year, but quarterly earnings will post -7.10% year-over-year. Quarterly sales are estimated to shrink -5.00% in year-over-year returns.
542 institutions hold shares in FS KKR Capital Corp. (FSK), with institutional investors hold 33.53% of the company’s shares. The shares outstanding are 280.07M, and float is at 266.80M with Short Float at 1.45%. Institutions hold 33.45% of the Float.
The top institutional shareholder in the company is Kohlberg Kravis Roberts & Co. L.P. with over 19.71 million shares valued at $377.95 million. The investor’s holdings represent 7.04% of the FSK Shares outstanding. As of Jun 29, 2023, the second largest holder is Oak Hill Advisors, L.P. with 7.6 million shares valued at $145.78 million to account for 2.71% of the shares outstanding. The other top investors are Commonwealth Equity Services, LLC which holds 4.27 million shares representing 1.52% and valued at over $81.83 million, while Van Eck Associates Corporation holds 1.52% of the shares totaling 4.25 million with a market value of $81.59 million.
FS KKR Capital Corp. (FSK) Insider Activity
The most recent transaction is an insider purchase by Sandler Elizabeth, the company’s Director. SEC filings show that Sandler Elizabeth bought 1,000 shares of the company’s common stock on Feb 29 ’24 at a price of $18.80 per share for a total of $18799.0. Following the purchase, the insider now owns 5700.0 shares.
FS KKR Capital Corp. disclosed in a document filed with the SEC on Feb 28 ’24 that Pietrzak Daniel (Co-President and CIO) bought a total of 7,300 shares of the company’s common stock. The trade occurred on Feb 28 ’24 and was made at $18.73 per share for $0.14 million. Following the transaction, the insider now directly holds 39800.0 shares of the FSK stock.
Still, SEC filings show that on Feb 28 ’24, Pietrzak Daniel (Co-President and CIO) acquired 2,700 shares at an average price of $18.76 for $50652.0. The insider now directly holds 17,700 shares of FS KKR Capital Corp. (FSK).
