FS KKR Capital Corp. (FSK)
| Market Cap | 6.29B |
| Revenue (ttm) | 1.76B |
| Net Income (ttm) | 528.00M |
| Shares Out | 280.07M |
| EPS (ttm) | 1.89 |
| PE Ratio | 11.92 |
| Forward PE | 8.50 |
| Dividend | $2.80 (12.46%) |
| Ex-Dividend Date | Dec 4, 2024 |
| Volume | 1,203,366 |
| Open | 22.30 |
| Previous Close | 22.26 |
| Day's Range | 22.30 - 22.47 |
| 52-Week Range | 18.31 - 22.47 |
| Beta | 1.31 |
| Analysts | Hold |
| Price Target | 20.19 (-10.15%) |
| Earnings Date | Feb 24, 2025 |
About FSK
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. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loan... [Read more]
Financial Performance
In 2023, FS KKR Capital's revenue was $1.83 billion, an increase of 11.93% compared to the previous year's $1.64 billion. Earnings were $696.00 million, an increase of 656.52%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for FSK stock is "Hold." The 12-month stock price forecast is $20.19, which is a decrease of -10.15% from the latest price.
News
Why BDCs Will Likely Outperform In 2025
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs rig...
FS KKR Capital: A Buy On Improving Credit Quality
FS KKR Capital's stock price is nearing 52-week highs due to improved credit performance and a lower non-accrual ratio. Consistent dividend coverage and a declining non-accrual ratio suggest a potenti...
FSK Completes Public Offering of $100 million 6.125% Unsecured Notes Due 2030
PHILADELPHIA and NEW YORK , Dec. 27, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of an additional $100 million in aggr...
KBRA Assigns Rating to FS KKR Capital Corp.'s $100 Million Senior Unsecured Notes Due 2030
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (“FSK” or “the company”) $100 million, 6.125% senior unsecured notes due January 15, 2030, which...
FSK Prices Public Offering of $100 million 6.125% Unsecured Notes Due 2030
PHILADELPHIA and NEW YORK , Dec. 20, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced that it has priced an underwritten public offering of an additional $100 million in aggregate princ...
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...
FS KKR Capital: Silences The Naysayers While Paying A 13% Yield
FS KKR Capital Corp investors have outperformed the S&P 500 since my previous update, validating my bullish thesis. FSK's ability to outperform its business development company, or BDC, peers suggests...
FS KKR Capital: Reviewing Dividend Safety With Updated Data And Market Conditions
FS KKR Capital focuses on debt investments in US middle-market businesses with annual EBITDA between $50m and $150m, emphasizing long-term, defensive strategies. The company prioritizes stable, cash f...
How Donald Trump's Tariffs Could Impact High-Yield Stocks
President-elect Donald Trump's proposed tariffs have ignited significant uncertainty for the economy and markets. We take a look at how they will likely impact various high-yield sectors. We also shar...
Despite Strong Gains, FS KKR's Yield Is Still A Massive 13%
FS KKR Capital Corp offers a dividend yield exceeding 13%, making it attractive for income investors despite recent valuation increases. With a market cap of around $6 billion, FS KKR is one of the la...
FS KKR Capital: Improved Portfolio Quality, Strong Dividend Coverage
FS KKR Capital's (FSK) portfolio quality has improved with a decrease in non-accrual rates, indicating higher average credit quality and strong earnings supporting a 13% dividend yield. The portfolio ...
FS KKR Capital: A 13% Yield And Repricing Upside
FS KKR Capital's improving asset quality and reduced non-performing loans have narrowed its discount to net asset value, making it an attractive investment. FS KKR Capital is a top 4 BDC in terms of m...
FSK Completes Public Offering of $600 million 6.125% Unsecured Notes Due 2030
PHILADELPHIA and NEW YORK , Nov. 20, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of $600 million in aggregate principa...
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
Dividend Harvesting Portfolio Week 193: $19,300 Allocated, $1,844.97 In Projected Dividends
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FSK Prices Public Offering of $600 million 6.125% Unsecured Notes Due 2030
PHILADELPHIA and NEW YORK , Nov. 13, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced that it has priced an underwritten public offering of $600 million in aggregate principal amount of...
KBRA Assigns Rating to FS KKR Capital Corp.'s $600 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (“FSK” or “the company”) $600 million, 6.125% senior unsecured notes due January 15, 2030. The r...
FS KKR: It Is Time To Forget The Past And Lock In 12 - 14% Dividends
FSK has been my favorite BDC pick for 2024. It has paid off nicely so far. Based on Q3, 2024 results, it is clear that the opportunity is still there.
FS KKR Capital Corp (FSK) Q3 2024 Earnings Call Transcript
FS KKR Capital Corp (NYSE:FSK) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Anna Kleinhenn - Head of Investor Relations Michael Forman - Chief Executive Officer a...
FS KKR Capital Corp. Announces Third Quarter 2024 Results
PHILADELPHIA and NEW YORK , Nov. 6, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced its financial and operating results for the quarter ended September 30, 2024,...
FS KKR: 15.91% Discount To NAV, Yields Around 14%, And One Of My Favorite BDCs
The Fed has started to cut rates. Further rate reductions could lead to FSK's debt investments becoming more valuable. FSK trades at a 15.91% discount to NAV and if rates decline and debt appreciates,...
FS KKR Capital: Quality BDC, But I'm Not Buying
FS KKR Capital is a business development company with a focus on debt investments across middle-market US companies originated through its Adviser's broad network. FSK's regular DPS coverage amounted ...
The Ultimate Portfolio Structure For Stress-Free High Current Income
A durable income-focused portfolio strategy reduces income reduction risk and stress by prioritizing stable income over market-beating returns. In this respect, I have outlined my detailed approach fo...