FS KKR Capital (NYSE:FSK) Given New $12.00 Price Target at Truist Financial

FS KKR Capital (NYSE:FSK) had its price objective hoisted by Truist Financial from $11.00 to $12.00 in a research note published on Friday, MarketBeat Ratings reports. The brokerage currently has a hold rating on the stock.

Several other equities analysts have also recently weighed in on FSK. Capital One Financial set a $12.00 price objective on FS KKR Capital in a research report on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $11.00 price target on shares of FS KKR Capital in a research report on Tuesday, May 12th. Wall Street Zen upgraded FS KKR Capital from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings reissued a “sell (d+)” rating on shares of FS KKR Capital in a research report on Tuesday, June 2nd. Finally, Keefe, Bruyette & Woods reduced their price objective on FS KKR Capital from $15.00 to $11.00 and set a “market perform” rating for the company in a research report on Thursday, April 16th. Six analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $10.93.

FS KKR Capital Stock Performance

Shares of FSK opened at $12.42 on Friday. The company has a market capitalization of $3.48 billion, a PE ratio of -9.20 and a beta of 0.83. The company has a debt-to-equity ratio of 1.38, a current ratio of 2.00 and a quick ratio of 2.00. FS KKR Capital has a one year low of $9.72 and a one year high of $18.85. The company’s fifty day moving average price is $10.75 and its 200 day moving average price is $11.26.

FS KKR Capital (NYSE:FSK) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $290.00 million during the quarter, compared to analysts’ expectations of $286.75 million. FS KKR Capital had a negative net margin of 28.52% and a positive return on equity of 9.43%. During the same period in the prior year, the company earned ($0.75) earnings per share. As a group, analysts expect that FS KKR Capital will post 1.64 earnings per share for the current year.

FS KKR Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Wednesday, September 16th will be paid a $0.44 dividend. The ex-dividend date is Wednesday, September 16th. This is a boost from FS KKR Capital’s previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a dividend yield of 14.2%. FS KKR Capital’s dividend payout ratio is -85.28%.

Institutional Investors Weigh In On FS KKR Capital

A number of institutional investors have recently added to or reduced their stakes in the company. Titan Investment Management LLC acquired a new stake in shares of FS KKR Capital during the 4th quarter worth approximately $1,863,000. UBS Group AG raised its stake in shares of FS KKR Capital by 15.3% in the fourth quarter. UBS Group AG now owns 3,806,076 shares of the company’s stock valued at $56,368,000 after purchasing an additional 505,982 shares in the last quarter. Legacy Capital Group California Inc. lifted its position in FS KKR Capital by 48.8% in the fourth quarter. Legacy Capital Group California Inc. now owns 313,615 shares of the company’s stock worth $4,645,000 after purchasing an additional 102,864 shares during the period. Legal & General Group Plc lifted its position in FS KKR Capital by 15.3% in the fourth quarter. Legal & General Group Plc now owns 2,296,070 shares of the company’s stock worth $33,993,000 after purchasing an additional 304,556 shares during the period. Finally, Marble Wealth LLC acquired a new stake in FS KKR Capital during the fourth quarter worth $1,567,000. 36.26% of the stock is owned by institutional investors and hedge funds.

FS KKR Capital News Roundup

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

• Positive Sentiment: FSK reported second-quarter adjusted net investment income of $0.43 per share, exceeding the $0.42 consensus estimate, while revenue of $290 million also topped expectations of $286.75 million. Results improved substantially from the prior-year loss of $0.75 per share. FS KKR Capital Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The board declared a third-quarter distribution of $0.44 per share, up 4.8% from $0.42 previously and equivalent to an approximately 14.8% annualized yield. The dividend is payable October 2 to shareholders of record September 16. FS KKR Capital Announces Second Quarter Results and Distribution
• Positive Sentiment: Management expects 8%–9% annualized net investment income for the remainder of 2026 and is advancing share repurchases and portfolio rotation. Debt-to-equity declined to 127% from 138%, moving leverage closer to the company’s target range. FSK Expects 8% to 9% Annualized Net Investment Income
• Positive Sentiment: A Seeking Alpha analysis upgraded FSK to a “Buy,” reflecting a more favorable view of its income outlook, valuation and improving credit trends. FS KKR Time to Get Bullish Again
• Neutral Sentiment: Truist raised its price target from $11 to $12 but maintained a “Hold” rating, indicating limited expected upside at recent trading levels. Benzinga
• Negative Sentiment: Net asset value fell to $18.30 per share from $18.83, and FSK posted a second-quarter GAAP loss of $0.13 per share because of $0.56 per-share realized and unrealized investment losses. Continued portfolio losses and non-accrual assets remain important risks. FS KKR Capital Second Quarter Results

About FS KKR Capital

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.