Kforce Inc. (KFRC) to Issue Quarterly Dividend of $0.40 on September 25th

Kforce Inc. (NASDAQ:KFRC) announced a quarterly dividend on Friday, July 24th. Investors of record on Friday, September 11th will be given a dividend of 0.40 per share by the business services provider on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, September 11th.

Kforce has raised its dividend payment by an average of 0.1%per year over the last three years. Kforce has a payout ratio of 45.3% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

KFRC stock opened at $51.04 on Wednesday. Kforce has a 52 week low of $24.49 and a 52 week high of $61.68. The firm has a market capitalization of $914.08 million, a P/E ratio of 19.04 and a beta of 0.86. The company has a fifty day simple moving average of $56.31 and a two-hundred day simple moving average of $43.40. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16.

Kforce (NASDAQ:KFRC) last announced its earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.03. Kforce had a net margin of 3.59% and a return on equity of 30.34%. The firm had revenue of $349.33 million for the quarter, compared to analysts’ expectations of $348.11 million. During the same period in the prior year, the company earned $0.59 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. Analysts anticipate that Kforce will post 2.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kforce

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its stake in shares of Kforce by 13.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,578 shares of the business services provider’s stock worth $74,000 after purchasing an additional 184 shares during the period. Versant Capital Management Inc boosted its position in Kforce by 14.3% during the second quarter. Versant Capital Management Inc now owns 3,096 shares of the business services provider’s stock worth $145,000 after purchasing an additional 387 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Kforce by 44.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,313 shares of the business services provider’s stock valued at $41,000 after buying an additional 403 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Kforce by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after buying an additional 474 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Kforce by 2.8% in the third quarter. JPMorgan Chase & Co. now owns 17,381 shares of the business services provider’s stock valued at $521,000 after purchasing an additional 475 shares during the period. 92.77% of the stock is owned by institutional investors and hedge funds.

About Kforce

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.