FS KKR Capital Corp. Offering: FS KKR Capital Corp. has successfully completed an offering of $400 million in 6.125% unsecured notes due 2031, with several financial institutions acting as joint book-running and lead managers for the offering.
Use of Proceeds: The net proceeds from this offering will be utilized for general corporate purposes, which may include repaying outstanding debts under credit facilities and certain notes.
FSK
$15.18+Infinity%1D
Analyst Views on FSK
Wall Street analysts forecast FSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSK is 16.93 USD with a low forecast of 15.00 USD and a high forecast of 18.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast FSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSK is 16.93 USD with a low forecast of 15.00 USD and a high forecast of 18.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
8 Hold
0 Sell
Hold
Current: 15.160
Low
15.00
Averages
16.93
High
18.50
Current: 15.160
Low
15.00
Averages
16.93
High
18.50
Keefe Bruyette
Paul Johnson
Market Perform
downgrade
$18
2025-11-11
Reason
Keefe Bruyette
Paul Johnson
Price Target
$18
2025-11-11
downgrade
Market Perform
Reason
Keefe Bruyette analyst Paul Johnson lowered the firm's price target on FS KKR Capital to $18 from $18.50 and keeps a Market Perform rating on the shares.
B. Riley
Neutral
downgrade
$19
2025-11-11
Reason
B. Riley
Price Target
$19
2025-11-11
downgrade
Neutral
Reason
B. Riley lowered the firm's price target on FS KKR Capital to $17.50 from $19 and keeps a Neutral rating on the shares. The firm views the company's Q3 report as mixed. It cites lower forward earnings and a more conservative view on credit for the target cut.
Truist
Hold
downgrade
$19 -> $17
2025-11-11
Reason
Truist
Price Target
$19 -> $17
2025-11-11
downgrade
Hold
Reason
Truist lowered the firm's price target on FS KKR Capital to $17 from $19 and keeps a Hold rating on the shares as part of a broader research note on BDCs. The firm is updating its model to reflect the company's Q3 results and revised guidance while still boosting its FY25 net interest income per share view by 3c to $2.37 reflecting higher dividend income and lower interest expense, the analyst tells investors in a research note.
JPMorgan
Neutral
downgrade
$18 -> $15
2025-10-01
Reason
JPMorgan
Price Target
$18 -> $15
2025-10-01
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on FS KKR Capital to $15 from $18 and keeps a Neutral rating on the shares as part of a Q3 preview for the business development company group. The sector continued to experience volatility in the quarter as capital markets have begun to weigh the impact of expected interest rate cuts by the Federal Reserve, the analyst tells investors in a research note.
About FSK
FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company is focused on providing customized credit solutions to private middle market United States companies. Its investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. Its portfolio is comprised primarily of investments in senior secured loans and second lien secured loans of private middle market United States companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private United States companies. It may purchase interests in loans or make other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from its target companies as primary market or directly originated investments. The Company is managed by FS/KKR Advisor, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
