FS KKR Capital (NYSE:FSK) Stock Rating Upgraded by Zacks Research

FS KKR Capital (NYSE:FSK) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

FSK has been the subject of a number of other reports. Wells Fargo & Company decreased their price target on FS KKR Capital from $15.00 to $11.00 and set an “equal weight” rating for the company in a research note on Friday, February 27th. Truist Financial lowered their target price on FS KKR Capital from $17.00 to $11.00 and set a “hold” rating on the stock in a report on Wednesday, March 4th. Keefe, Bruyette & Woods dropped their price target on shares of FS KKR Capital from $15.00 to $11.00 and set a “market perform” rating on the stock in a research report on Thursday, April 16th. Royal Bank Of Canada reduced their price objective on shares of FS KKR Capital from $15.00 to $13.00 and set a “sector perform” rating for the company in a research report on Monday, April 6th. Finally, B. Riley Financial dropped their target price on shares of FS KKR Capital from $17.50 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Eight analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, FS KKR Capital currently has an average rating of “Reduce” and an average target price of $12.50.

FS KKR Capital Stock Performance

FSK stock opened at $11.51 on Monday. The company has a 50-day simple moving average of $10.73 and a 200 day simple moving average of $13.32. The company has a market capitalization of $3.22 billion, a P/E ratio of 383.77 and a beta of 0.85. The company has a quick ratio of 3.05, a current ratio of 3.05 and a debt-to-equity ratio of 1.31. FS KKR Capital has a fifty-two week low of $9.72 and a fifty-two week high of $22.68.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). The company had revenue of $348.00 million for the quarter, compared to the consensus estimate of $361.59 million. FS KKR Capital had a return on equity of 5.21% and a net margin of 0.72%.During the same quarter last year, the firm posted $0.66 earnings per share. Sell-side analysts predict that FS KKR Capital will post 1.7 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Daniel Pietrzak purchased 5,000 shares of FS KKR Capital stock in a transaction that occurred on Friday, February 27th. The stock was acquired at an average price of $11.25 per share, for a total transaction of $56,250.00. Following the transaction, the insider owned 64,800 shares in the company, valued at $729,000. The trade was a 8.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.25% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FS KKR Capital

Several hedge funds have recently bought and sold shares of FSK. Northwestern Mutual Wealth Management Co. lifted its position in shares of FS KKR Capital by 55,074.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,741,004 shares of the company’s stock worth $114,644,000 after purchasing an additional 7,726,974 shares in the last quarter. Oak Hill Advisors LP purchased a new stake in FS KKR Capital in the 4th quarter worth approximately $38,659,000. Balyasny Asset Management L.P. purchased a new stake in FS KKR Capital in the 3rd quarter worth approximately $21,917,000. Independent Financial Group LLC acquired a new stake in shares of FS KKR Capital during the 1st quarter valued at $11,747,000. Finally, Marshall Wace LLP purchased a new position in shares of FS KKR Capital during the 4th quarter valued at $14,842,000. 36.26% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about FS KKR Capital

Here are the key news stories impacting FS KKR Capital this week:

• Positive Sentiment: Zacks upgraded FSK from “strong sell” to “hold,” a modest positive signal that may limit further weakness from some retail/quant selling. Zacks Upgrade
• Neutral Sentiment: FS KKR was scheduled to report earnings this week (investors were already focused on recent quarterly results that missed EPS and revenue estimates), which can increase volatility as markets reassess fundamentals. Earnings Notice
• Negative Sentiment: Multiple law firms have filed or announced class actions alleging securities fraud tied to the company’s disclosures and the post-revelation stock drop; firms are soliciting lead plaintiffs and reminding investors of filing deadlines — this amplifies litigation risk and could pressure the stock and balance-sheet expectations. Class Action — BusinessWire
• Negative Sentiment: Allegations center on overstated portfolio valuations, overstated effectiveness of restructuring of nonaccrual assets, and overstated durability of the quarterly distribution strategy — if proven, these claims could lead to restatements, legal settlements, or changes to dividend policy. Allegations Detail — GlobeNewswire
• Negative Sentiment: Broader press coverage and investor complaints (e.g., accusations of misleading disclosures amid multiyear losses) extend reputational risk beyond initial legal filings and may prolong volatility and selling pressure. Press Coverage — Courthouse News

FS KKR Capital Company Profile

FS KKR Capital Corp (NYSE:FSK) is a closed-end, externally managed business development company that primarily invests in private middle-market U.S. companies. The firm seeks to generate current income and capital appreciation by structuring investments in floating-rate senior secured loans, unitranche financings, second lien debt and mezzanine instruments. As a business development company, FSK provides financing solutions designed to support growth initiatives, acquisitions, leveraged buyouts and recapitalizations for privately held enterprises.

Established in 2018 through a strategic partnership between FS Investment Corporation and KKR Credit Advisors, a division of global investment firm KKR & Co Inc, FSK combines the credit underwriting capabilities of KKR’s global platform with FS’s expertise in private credit markets.