FS KKR Capital Corp (NYSE: FSK) is -0.46% lower 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 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 $19.34 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $19.60, the stock is -1.08% and -0.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 1.34% at the moment leaves the stock -0.18% off its SMA200. FSK registered 1.40% gain for a year compared to 6-month gain of 4.31%. The firm has a 50-day simple moving average (SMA 50) of $19.7976 and a 200-day simple moving average (SMA200) of $19.78055.
The stock witnessed a -2.72% loss in the last 1 month and extending the period to 3 months gives it a -0.10%, and is -0.86% 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 1.22% over the week and 1.13% over the month.
Current P/E ratio is 8.75 and Fwd P/E is 7.54. Distance from 52-week low is 7.96% and -5.30% from its 52-week high.
The EPS is expected to shrink by -8.00% this year
545.0 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 1.56%. Institutions hold 29.35% 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
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).
