FS KKR Capital Corp. (NYSE:FSK – Get Free Report) was the target of some unusual options trading on Tuesday. Stock traders purchased 54,538 call options on the company. This represents an increase of approximately 10,075% compared to the typical volume of 536 call options.
Wall Street Analyst Weigh In
Several brokerages have weighed in on FSK. Wells Fargo & Company restated an “equal weight” rating and set a $21.00 price objective on shares of FS KKR Capital in a research note on Monday. Royal Bank of Canada increased their price objective on shares of FS KKR Capital from $20.00 to $21.00 and gave the company a “sector perform” rating in a research note on Monday, November 18th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, FS KKR Capital presently has a consensus rating of “Hold” and an average target price of $20.19.
Get Our Latest Research Report on FS KKR Capital
Institutional Trading of FS KKR Capital
FS KKR Capital Stock Up 0.0 %
FSK opened at $21.99 on Wednesday. FS KKR Capital has a twelve month low of $18.31 and a twelve month high of $22.39. The company’s 50-day moving average price is $20.72 and its two-hundred day moving average price is $20.21. The stock has a market cap of $6.16 billion, a price-to-earnings ratio of 11.70 and a beta of 1.25. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21.
FS KKR Capital (NYSE:FSK – Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.70 by $0.04. FS KKR Capital had a return on equity of 12.31% and a net margin of 29.98%. The business had revenue of $441.00 million for the quarter, compared to the consensus estimate of $423.58 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. As a group, equities analysts expect that FS KKR Capital will post 2.89 earnings per share for the current year.
FS KKR Capital Increases Dividend
The firm also recently announced a None dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th will be given a dividend of $0.70 per share. This represents a yield of 12.7%. The ex-dividend date of this dividend is Wednesday, December 4th. This is a positive change from FS KKR Capital’s previous None dividend of $0.64. FS KKR Capital’s dividend payout ratio (DPR) is currently 136.17%.
FS KKR Capital Company Profile
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S.
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