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FSK Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
10.350
Open
10.260
VWAP
10.17
Vol
4.08M
Mkt Cap
2.83B
Low
10.060
Amount
41.45M
EV/EBITDA(TTM)
20.19
Total Shares
280.07M
EV
10.28B
EV/OCF(TTM)
17.39
P/S(TTM)
3.18
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.
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Events Timeline

(ET)
2026-02-25
16:20:00
Company Net Asset Value Drops to $20.89 per Share
select

News

CNBC
6.5
03-12CNBC
JPMorgan Positioned to Weather Private Credit Market Stress
  • Risk Management Strategy: JPMorgan's proactive decision to mark down the value of certain software-related loans reflects its active risk management approach, reducing exposure to specific private credit funds and indicating no expected losses, showcasing its ability to manage underlying collateral effectively.
  • Industry Growth Comparison: With revenue growth approximately double that of the industry over the past decade, JPMorgan has lessened its reliance on riskier deals, highlighting its competitive position and market strength amid increasing scrutiny in the private credit sector.
  • Complexity of Credit Structures: While the private credit industry faces risks from increasingly complex loan structures, JPMorgan typically lends through senior financing structures that historically yield lower loan losses, demonstrating its superior credit management capabilities compared to smaller lenders.
  • Market Performance Volatility: Despite JPMorgan's shares falling over 6% this month and declining for the third consecutive month, with a nearly 13% drop in 2026, analysts believe the bank remains well-positioned to withstand market pressures due to its robust monitoring and risk management practices.
CNBC
2.0
03-11CNBC
Concerns Rise Over Private Credit Market Risks
  • Liquidity Concerns Intensify: Following JPMorgan's reduction of collateral values for some private credit clients, fears of a liquidity crisis have escalated, although industry experts suggest these concerns may be overstated, indicating a cautious market sentiment.
  • Investor Redemption Wave: Retail investors have been pulling money from various private credit funds, particularly Blue Owl Capital and Blackstone, leading to increased redemption requests that reflect declining investor confidence and could impact the liquidity of these funds.
  • Market Structure Risks: Goldman Sachs estimates that approximately 80% of the direct lending market is held in long-duration funds, separately managed accounts, and publicly traded business development companies, which typically do not allow for on-demand capital withdrawals, thereby limiting overall ecosystem risks.
  • Concentration Issues: About $220 billion in assets are concentrated in retail-focused evergreen funds, which have rapidly grown among yield-seeking investors; however, concerns over loans to software companies have intensified, potentially leading to greater risk exposure.
moomoo
6.5
03-11moomoo
KKR's Lewin: Certain Software Companies May Struggle and Face Disintermediation in the Future
  • Underperformance of Software Businesses: Some software businesses are expected to underperform in the current market conditions.

  • Potential for Disintermediation: There is a possibility that these businesses may face disintermediation, affecting their operational models.

moomoo
6.5
03-11moomoo
KKR's Lewin: We Believe Our Software Portfolio Will Yield More Winners Than Losers
  • Investment Outlook: The perspective is optimistic, suggesting that there will be more winners than losers in the software sector within the investment portfolio.
  • Market Trends: The commentary indicates a positive trend in the software market, highlighting potential growth opportunities for investors.
CNBC
7.0
03-11CNBC
JPMorgan Reduces Exposure to Private Credit Risks
  • Risk Management Measures: JPMorgan is proactively reducing its exposure to the private credit industry by marking down the value of loans collateralized by software companies, indicating a forward-looking approach to potential market turbulence.
  • Market Reaction: Concerns over software firms due to model updates from OpenAI and Anthropic have led to retail investors pulling funds, creating high redemption rates in the private credit sector, prompting JPMorgan's preemptive actions to address this trend.
  • Leverage Risk Control: By reducing the borrowing capacity of private credit firms, JPMorgan not only mitigates its own risk exposure but may also compel these firms to post additional collateral, thereby enhancing overall financial stability.
  • Historical Lessons: JPMorgan's previous pullback on leverage during the early days of the COVID pandemic underscores its commitment to maintaining financial discipline in the face of market uncertainties to avoid potential future crises.
Globenewswire
7.0
03-10Globenewswire
FS KKR Capital Corp Faces Securities Fraud Investigation
  • Dividend Cut Impact: FS KKR Capital Corp reduced its dividend from $0.70 to $0.48 per share, reflecting challenges associated with specific investments, which may lead to decreased investor confidence and impact future capital inflows.
  • Portfolio Risk: As of year-end 2026, approximately 3.4% of FSK's portfolio, or roughly $440 million, was on non-accrual, indicating a significant reduction in expected returns from these investments, potentially affecting overall financial health.
  • Stock Price Volatility: Following the dividend cut announcement, FSK's stock price fell by $2.52, or 18.92%, over the next two trading sessions, closing at $10.80 per share, highlighting market concerns regarding the company's financial condition.
  • Legal Investigation Initiated: Pomerantz LLP is investigating whether FSK and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal liabilities and financial losses, impacting the company's reputation and shareholder interests.
Wall Street analysts forecast FSK stock price to rise
6 Analyst Rating
Wall Street analysts forecast FSK stock price to rise
0 Buy
6 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
15.50
Averages
17.25
High
18.50
Current: 0.000
sliders
Low
15.50
Averages
17.25
High
18.50
JPMorgan
Neutral
downgrade
$13
AI Analysis
2026-03-13
New
Reason
JPMorgan
Price Target
$13
AI Analysis
2026-03-13
New
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on FS KKR Capital to $9.50 from $13 and keeps a Neutral rating on the shares. The firm reduced targets in the business development company space to reflect lower multiples and "higher scrutiny."
Truist
Arren Cyganovich
Hold
downgrade
$17 -> $11
2026-03-04
Reason
Truist
Arren Cyganovich
Price Target
$17 -> $11
2026-03-04
downgrade
Hold
Reason
Truist analyst Arren Cyganovich lowered the firm's price target on FS KKR Capital to $11 from $17 and keeps a Hold rating on the shares as part of a broader research on BDCs - business development companies - with updates on several models post earnings. The expected reduction in 2026 net interest income reflects increased non-accrual loans, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FSK
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Valuation Metrics

The current forward P/E ratio for FS KKR Capital Corp (FSK.N) is 5.44, compared to its 5-year average forward P/E of 7.19. For a more detailed relative valuation and DCF analysis to assess FS KKR Capital Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.19
Current PE
5.44
Overvalued PE
8.17
Undervalued PE
6.22

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.34
Current PS
2.47
Overvalued PS
3.96
Undervalued PS
2.73

Financials

AI Analysis
Annual
Quarterly

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Whales Holding FSK

E
Elliott Management Corporation
Holding
FSK
+6.81%
3M Return
K
KKR & Co. Inc.
Holding
FSK
+3.97%
3M Return
C
Caxton Associates (USA) LLC
Holding
FSK
-5.46%
3M Return
A
Ares Management LLC
Holding
FSK
-15.47%
3M Return

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Frequently Asked Questions

What is FS KKR Capital Corp (FSK) stock price today?

The current price of FSK is 10.09 USD — it has decreased -1.46

What is FS KKR Capital Corp (FSK)'s business?

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.

What is the price predicton of FSK Stock?

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 is17.25 USD with a low forecast of 15.50 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.

What is FS KKR Capital Corp (FSK)'s revenue for the last quarter?

FS KKR Capital Corp revenue for the last quarter amounts to 100.00M USD, decreased -73.89

What is FS KKR Capital Corp (FSK)'s earnings per share (EPS) for the last quarter?

FS KKR Capital Corp. EPS for the last quarter amounts to -0.41 USD, decreased -178.85

How many employees does FS KKR Capital Corp (FSK). have?

FS KKR Capital Corp (FSK) has 0 emplpoyees as of March 15 2026.

What is FS KKR Capital Corp (FSK) market cap?

Today FSK has the market capitalization of 2.83B USD.