Wells Fargo & Company Lowers FS KKR Capital (NYSE:FSK) Price Target to $10.00

FS KKR Capital (NYSE:FSKGet Free Report) had its price objective reduced by investment analysts at Wells Fargo & Company from $11.00 to $10.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential downside of 5.66% from the company’s current price.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. cut their price objective on FS KKR Capital from $13.00 to $9.50 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Royal Bank Of Canada decreased their target price on FS KKR Capital from $15.00 to $13.00 and set a “sector perform” rating for the company in a report on Monday, April 6th. Wall Street Zen downgraded FS KKR Capital from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Keefe, Bruyette & Woods decreased 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 note on Thursday, April 16th. Finally, Weiss Ratings lowered shares of FS KKR Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 5th. Seven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $10.92.

View Our Latest Stock Report on FS KKR Capital

FS KKR Capital Trading Down 1.5%

NYSE FSK opened at $10.60 on Tuesday. The firm has a 50 day simple moving average of $10.60 and a 200-day simple moving average of $13.21. The company has a debt-to-equity ratio of 1.31, a quick ratio of 3.05 and a current ratio of 3.05. FS KKR Capital has a one year low of $9.72 and a one year high of $22.68. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 353.33 and a beta of 0.85.

FS KKR Capital (NYSE:FSKGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The business had revenue of $304.00 million for the quarter, compared to analysts’ expectations of $316.81 million. FS KKR Capital had a return on equity of 5.21% and a net margin of 0.72%.FS KKR Capital’s quarterly revenue was down 24.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 earnings per share. Equities research analysts anticipate that FS KKR Capital will post 1.7 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Daniel Pietrzak acquired 5,000 shares of the business’s stock in a transaction on Friday, February 27th. The shares were bought at an average price of $11.25 per share, with a total value of $56,250.00. Following the completion of the acquisition, the insider owned 64,800 shares in the company, valued at $729,000. This trade represents a 8.36% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FS KKR Capital in the fourth quarter valued at $26,000. Jessup Wealth Management Inc acquired a new stake in shares of FS KKR Capital during the fourth quarter worth about $26,000. FNY Investment Advisers LLC acquired a new stake in shares of FS KKR Capital during the fourth quarter worth about $28,000. Eastern Bank lifted its holdings in shares of FS KKR Capital by 355.6% in the 3rd quarter. Eastern Bank now owns 2,000 shares of the company’s stock valued at $30,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of FS KKR Capital in the 4th quarter valued at about $31,000. 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:

  • Negative Sentiment: FS KKR reported Q1 2026 earnings of $0.41 per share, below estimates of $0.44, with revenue of $304 million also missing expectations. Results were down sharply from a year ago, reinforcing concerns about operating weakness. Article Title
  • Negative Sentiment: The company also cut its quarterly distribution to $0.42 per share, which likely disappointed income-focused investors and signals management sees added pressure on cash generation and portfolio performance. Article Title
  • Negative Sentiment: JPMorgan-led lenders reduced FS KKR’s credit facility by about $648 million and increased borrowing costs, adding to concerns about financing flexibility and the health of the business development company’s balance sheet. Article Title
  • Negative Sentiment: KKR announced a $300 million support package and a tender offer for up to $150 million of FSK common stock, which suggests the sponsor is stepping in to stabilize the situation after disappointing results. Article Title
  • Neutral Sentiment: Multiple law firms have announced or reminded investors about a securities class action and lead-plaintiff deadlines. These headlines add overhang, but they are not likely to change fundamentals immediately. Article Title

About FS KKR Capital

(Get Free Report)

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.

See Also

Analyst Recommendations for FS KKR Capital (NYSE:FSK)

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