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FSK Stock Forecast: All the More Reason to Consider FS KKR Capital Corp (FSK) Now

FS KKR Capital Corp (NYSE: FSK) is 0.25% higher on its value in year-to-date trading and has touched a low of $18.16 and a high of $20.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FSK stock was last observed hovering at around $19.42 in the last trading session, with the day’s gains setting it 0.32%.

Currently trading at $19.74, the stock is -0.48% and -0.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 1.65% at the moment leaves the stock 0.55% off its SMA200. FSK registered 1.36% gain for a year compared to 6-month gain of 8.43%.

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The stock witnessed a 2.06% loss in the last 1 month and extending the period to 3 months gives it a 1.59%, and is -1.05% down 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 1.29% over the week and 1.09% over the month.

Current P/E ratio is 8.77 and Fwd P/E is 7.59. Distance from 52-week low is 8.73% and -4.62% from its 52-week high.

with sales reaching $423.76M over the same period.The EPS is expected to shrink by -8.00% this year, but quarterly earnings will post -6.10% year-over-year. Quarterly sales are estimated to shrink -6.00% in year-over-year returns.

FS KKR Capital Corp (FSK) Top Institutional Holders

546.0 institutions hold shares in FS KKR Capital Corp (FSK), with institutional investors hold 29.43% of the company’s shares. The shares outstanding are 280.07M, and float is at 278.01M with Short Float at 1.46%. Institutions hold 29.36% of the Float.

The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 5.39 million shares valued at $106.37 million. The investor’s holdings represent 1.9249% of the FSK Shares outstanding. As of 2024-06-30, the second largest holder is COMMONWEALTH EQUITY SERVICES, LLC with 4.09 million shares valued at $80.77 million to account for 1.4617 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 3.67 million shares representing 1.3114% and valued at over $72.47 million, while LPL FINANCIAL LLC holds 1.197 of the shares totaling 3.35 million with a market value of $66.14 million.

FS KKR Capital Corp (FSK) Insider Activity

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FS KKR Capital Corp disclosed in a document filed with the SEC on Aug 15 ’24 that Forman Michael C. (Chief Executive Officer) sold a total of 195,139 shares of the company’s common stock. The trade occurred on Aug 15 ’24 and was made at $19.56 per share for $3.82 million. Following the transaction, the insider now directly holds 0.0 shares of the FSK stock.

Still, SEC filings show that on Aug 08 ’24, Pietrzak Daniel (Co-President and CIO) acquired 5,000 shares at an average price of $19.21 for $96041.0. The insider now directly holds 44,800 shares of FS KKR Capital Corp (FSK).

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