FSK

FS KKR Capital Corp Stock Analysis: Shares of FS KKR Capital Corp (FSK) have entered oversold territory with an RSI of 28.4, indicating potential buying opportunities for investors as the stock price has fallen to $19.27.

Dividend Yield Consideration: FSK offers a high annualized dividend yield of 12.35% based on its recent share price, making it attractive for dividend investors, although they should review the company's dividend history for future predictability.

Stock Performance Overview: FSK's stock has a 52-week low of $18.38 and a high of $24.10, with the last trade recorded at $20.39.

Author's Perspective Disclaimer: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.

Analyst Downgrades: Several Wall Street analysts have downgraded their ratings on various companies, including Li Auto Inc., RLX Technology Inc., Sutro Biopharma, Inc., CION Investment Corporation, and FS KKR Capital Corp, with adjusted price targets reflecting a more cautious outlook.

Current Stock Performance: The stocks of these companies closed at varying prices, with notable declines for RLX Technology and Sutro Biopharma, indicating market reactions to the analysts' revised ratings.

Analyst Ratings Overview: Four analysts have provided mixed ratings for FS KKR Capital, with recent evaluations showing a shift towards more bearish sentiments and an average 12-month price target increase to $21.25.

Financial Performance Indicators: FS KKR Capital demonstrates strong revenue growth of 42.64% and a high net margin of 79.89%, but faces challenges with low return on equity (2.21%) and return on assets (1.0%).

Top Upgrades and Downgrades: Notable upgrades include Netflix, DocuSign, and Accenture, while downgrades affected Sutro Biopharma and TriplePoint Venture, indicating a mixed sentiment in the market regarding these companies' growth prospects.

New Initiations: Coverage was initiated on several stocks, including Reddit with a Sell rating and Nextracker with an Outperform rating, reflecting varying expectations for their future performance based on market conditions and product innovations.

Wells Fargo Downgrade: Analyst Finian O’Shea downgraded FS KKR Capital (FSK) to Underweight from Equal Weight, lowering the price target to $19 due to concerns over a potential dividend cut in 2026 and declining net asset value.

Market Reactions: Despite the downgrade, Keefe Bruyette raised its price target for FS KKR Capital to $22, indicating mixed market sentiments regarding the company's financial outlook.

Wells Fargo Downgrade: Analyst Finian O’Shea downgraded FS KKR Capital (FSK) from Equal Weight to Underweight with a price target of $19.

Positive Adjustments by Keefe Bruyette: Keefe Bruyette raised the price target for FS KKR Capital to $22 from $21, while the company reported Q4 adjusted EPS of 66 cents, slightly above consensus estimates.

Stock Performance: FS KKR Capital Corp's shares have entered oversold territory with an RSI of 29.97, indicating potential buying opportunities for investors as the stock price fell to $20.92.

Dividend Yield: The company offers an annualized dividend of $2.56 per share, resulting in a high yield of 11.83% based on its recent share price, making it attractive for dividend investors.

Insider Buying Activity: FS KKR Capital Corp's CIO, Daniel Pietrzak, recently purchased $106,549.50 worth of shares, indicating confidence in the company's future performance, as insiders typically buy stocks when they expect to profit.

Current Stock Performance: Shares of FS KKR Capital Corp are trading lower at $21.05, down 2.6% for the day, with a 52-week range between $18.31 and $24.10, while offering an annualized dividend yield of approximately 11.8%.

Analyst Ratings: Kenneth Lee from RBC Capital has maintained a Hold rating on FS KKR Capital with a price target of $22.00, while the stock currently trades at $23.48, indicating a slight downside potential.

Insider Activity: Recent corporate insider activity shows positive sentiment towards FS KKR Capital, with an increase in insider purchases, including a notable buy by Co-President Daniel Pietrzak.

Financial Performance Overview: FS KKR Capital Corp. reported a decline in net investment income per share to $0.61 for Q4 2024, down from $0.77 in Q3 2024, with total net realized and unrealized losses of $0.09 per share. The company declared a distribution of $0.70 per share for Q1 2025.

Portfolio and Liquidity Highlights: As of December 31, 2024, the total fair value of investments was $13.5 billion, with a net debt to equity ratio of 104%. The company maintains significant liquidity with $4.8 billion available, supporting its capital structure and investment strategies.

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Financial Results Announcement: FS KKR Capital Corp. plans to release its fourth quarter and full year 2024 results on February 26, 2025, followed by a conference call on February 27, 2025, at 9:00 a.m. ET, accessible via their website.

Company Overview: FS KKR Capital Corp. is a publicly traded business development company focused on providing credit solutions to private middle market U.S. companies, advised by FS/KKR Advisor, LLC, which is a partnership between FS Investments and KKR Credit.

FS KKR Capital Corp. Update: The company completed a $100 million issuance of 6.125% unsecured notes due in 2030, increasing its total to $700 million, with proceeds aimed at general corporate purposes and enhancing financial flexibility.

Company Overview: FS KKR Capital is a publicly traded business development firm focused on providing credit solutions to middle market U.S. companies, managed by FS/KKR Advisor, LLC, which oversees over $83 billion in assets globally.

FS KKR Capital Corp. Offering: FS KKR Capital Corp. has completed an additional offering of $100 million in 6.125% notes due 2030, increasing the total amount of this series to $700 million, with proceeds intended for general corporate purposes including debt repayment.

Company Background: FS KKR is a publicly traded business development company focused on providing credit solutions to private middle market U.S. companies, advised by FS/KKR Advisor, LLC, which is a partnership between FS Investments and KKR Credit.

FS KKR Capital Corp. Offering: FS KKR Capital Corp. has announced a public offering of an additional $100 million in 6.125% notes due 2030, with the offering expected to close on December 27, 2024, subject to customary conditions.

Use of Proceeds and Advisory Information: The proceeds will be used for general corporate purposes, including repaying debt, and investors are advised to review detailed prospectus documents filed with the SEC before investing.

FS KKR Capital Corp. Offering: The company announced a public offering of $100 million in 6.125% unsecured notes due 2030, with proceeds aimed at general corporate purposes and potentially repaying outstanding debt, which may enhance its financial flexibility.

Company Overview: FS KKR Capital is a publicly traded business development company focused on providing credit solutions to private middle market U.S. companies, primarily investing in senior secured and subordinated debt.

Stock Performance: FS KKR Capital Corp's shares have surpassed the average analyst 12-month target price of $21.10, currently trading at $21.22, prompting analysts to consider either downgrading their valuation or raising their target prices based on the company's performance.

Analyst Insights: There is a range of analyst targets for FS KKR Capital Corp, from as low as $19.50 to as high as $24.00, indicating differing opinions on the stock's future potential and suggesting investors should evaluate whether to hold or sell based on these insights.

Trump's Economic Strategy: Scott Bessent is set to become Treasury Secretary under Trump 2.0, promoting financial deregulation and increased lending, which could benefit private equity firms and business development companies (BDCs) with high dividend yields.

BDC Investment Insights: The article discusses various BDCs yielding between 11% and 14.2%, highlighting their investment strategies, portfolio compositions, and the importance of secure dividends for income investors amidst market volatility.

Insider Buying Activity: Daniel Pietrzak, CIO at FS KKR Capital Corp, made significant insider purchases totaling $202.6K, indicating confidence in the company's undervalued stock and potential growth.

Stock Performance and Dividends: FS KKR Capital Corp shares are currently trading at $21.16, with a 52-week range of $18.31 to $22.39, and an annualized dividend yield of approximately 11.9%, suggesting a stable income for investors.