Kforce Inc. (KFRC) to Issue Quarterly Dividend of $0.40 on June 26th

Kforce Inc. (NASDAQ:KFRC) declared a quarterly dividend on Friday, April 24th. Investors of record on Friday, June 12th will be given a dividend of 0.40 per share by the business services provider on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Friday, June 12th.

Kforce has increased its dividend by an average of 0.1%per year over the last three years. Kforce has a dividend payout ratio of 45.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 48.5%.

Kforce Trading Down 0.5%

Shares of KFRC stock opened at $47.65 on Wednesday. The company’s fifty day simple moving average is $38.19 and its two-hundred day simple moving average is $33.16. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.06 and a quick ratio of 2.06. Kforce has a 1 year low of $24.49 and a 1 year high of $48.81. The stock has a market capitalization of $849.62 million, a price-to-earnings ratio of 17.78 and a beta of 0.87.

Kforce (NASDAQ:KFRC) last announced its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.40 by $0.06. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm had revenue of $330.36 million during the quarter, compared to the consensus estimate of $329.32 million. During the same period last year, the firm earned $0.45 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. As a group, analysts anticipate that Kforce will post 2.7 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on KFRC shares. William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Zacks Research upgraded shares of Kforce from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Robert W. Baird boosted their price objective on shares of Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Kforce has a consensus rating of “Moderate Buy” and an average price target of $39.67.

Kforce Company Profile

Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.

Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.