FS KKR Capital Corp. (NYSE:FSK) has seen 0.82 million shares traded in the last trading session. The company, currently valued at $6.61B, closed the last trade at $23.18 per share which meant it lost $0.0 on the day or 0.00% during that session. The FSK stock price is -0.99% off its 52-week high price of $23.41 and 38.65% above the 52-week low of $14.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.85 million shares traded. The 3-month trading volume is 994.06K shares.
The consensus among analysts is that FS KKR Capital Corp. (FSK) is a Hold stock at the moment, with a recommendation rating of 2.60. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 9 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.61.
FS KKR Capital Corp. (NYSE:FSK) trade information
Sporting 0.00% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the FSK stock price touched $23.18 or saw a rise of 0.26%. Year-to-date, FS KKR Capital Corp. shares have moved 39.98%, while the 5-day performance has seen it change 0.30%. Over the past 30 days, the shares of FS KKR Capital Corp. (NYSE:FSK) have changed 9.08%. Short interest in the company has seen 1.99 million shares shorted with days to cover at 2.71.
Wall Street analysts have a consensus price target for the stock at $23.56, which means that the shares’ value could jump 1.61% from current levels. The projected low price target is $22.00 while the price target rests at a high of $25.00. In that case, then, we find that the current price level is -7.85% off the targeted high while a plunge would see the stock lose 5.09% from current levels.
FS KKR Capital Corp. (FSK) estimates and forecasts
Figures show that FS KKR Capital Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 16.83% over the past 6 months, with this year growth rate of -6.18%, compared to 1.70% for the industry. Revenue growth from the last financial year stood is estimated to be 40.30%.
7 analysts offering their estimates for the company have set an average revenue estimate of $229 million for the current quarter. 8 have an estimated revenue figure of $333.62 million for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.55% over the past 5 years. Earnings growth for 2021 is a modest 22.20% while over the next 5 years, the company’s earnings are expected to decrease by -0.90%.
FS KKR Capital Corp. is expected to release its next earnings report on May 10 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.40 at a share yield of 10.35%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 12.59%.
FS KKR Capital Corp. (NYSE:FSK)’s Major holders
Insiders own 0.15% of the company shares, while shares held by institutions stand at 13.40% with a share float percentage of 13.42%. Investors are also buoyed by the number of investors in a company, with FS KKR Capital Corp. having a total of 274 institutions that hold shares in the company. The top two institutional holders are Kohlberg Kravis Roberts & Co. L.P. with over 4.9 million shares worth more than $97.21 million. As of Mar 30, 2021, Kohlberg Kravis Roberts & Co. L.P. held 3.96% of shares outstanding.
The other major institutional holder is Oak Hill Advisors, L.P., with the holding of over 2.99 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $59.32 million and represent 2.42% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck Vectors ETF Tr-BDC Income ETF and Invesco ETF Tr-Invesco KBW High Div Yld Financial ETF. As of May 30, 2021, the former fund manager holds about 0.78% shares in the company for having 0.96 million shares of worth $21.15 million while later fund manager owns 0.89 million shares of worth $19.51 million as of May 30, 2021, which makes it owner of about 0.72% of company’s outstanding stock.