FS KKR Capital Corp

FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment and finance company that invests primarily in the debt securities of private middle market U.S. companies. Its objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company was founded by Michael Craig Forman on December 21, 2007 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FS KKR Capital Corp surpasses earnings expectations, eyes growth opportunities

FS KKR Capital Corp delivered strong performance in Q3, exceeding income guidance and maintaining a robust distribution yield.
The company's focus on disciplined underwriting, ample liquidity, and senior secured investments positions it well for growth.
Challenges related to debt management and credit trends require careful monitoring, but opportunities in M&A and asset-based finance are promising.
Overall, FSK's prudent investment strategies and optimistic outlook for 2025 signal a positive trajectory for the company.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ares Commercial Real Estate

AGNC Investment

Ellington Financial

Kinder Morgan

Kenvue

Modiv

Altria

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

Realty Income Corp

Orchid Island Capital

Oxford Lane Capital

PIMCO Dynamic Income Fund

Ready Capital Corp

Sirius XM Holdings Inc

Trinity Capital

XAI Octagon Floating Rate & Alternative Income Term Trust

Prior to January 31, 2024 my REaders mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: KVUE, PFE, TTE, DHT, F, EFC, EURN, RC, XOM, and ORC averaged 34.48% net gains from reader data collected 1/23/23. Ten analyst-target-augured January TOP-PRICE-UPSIDE reader favorites & rogues (ReFa/Ro) were: PFE, MMM, KMI, O, MDV, KVUE, EFC, ACRE, RC & ORC boasting a 29.93% average target price upside estimate.

January Readers Noted 30 Ideal-To-Buy Dividend Dogs

Beyond analysts' top -and-bottom-line estimates for FS KKR Capital (FSK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Gear Up for FS KKR Capital (FSK) Q4 Earnings: Wall Street Estimates for Key Metrics

FS KKR Capital (FSK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate FS KKR Capital (FSK) to Report a Decline in Earnings: What to Look Out for

Cementos Pacasmayo

Devon Energy

Enbridge

Energy Transfer LP Unit

Euronav

Golub Capital BDC

HSBC Holdings

Dorian LPG

Medifast

Petroleo Brasileiro

Solaris Oilfield Infrastructure

Sociedad Quimica Y Minera De Chile

Trimble

TORM

Vale S.A.

Large Cap Value is a value ranking strategy that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on a screen in Graham's book, "The Intelligent Investor." 54 out of 69 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.

54 Ideal Value Dogs For February

Ares Capital

Blackstone Mortgage Trust

Chimera Investment

Capital Southwest

Dynex Capital

Franklin BSP Realty Trust Inc

Granite Point Mortgage Trust

Main Street Capital

MFA Financial

Annaly Capital

Blue Owl Capital Corp

PennyMac Mortgage Investment

Rithm Capital Corp

Two Harbors Investment

The Federal Reserve reimagined their goals to better match their chosen interest rate policy. Higher interest rates do not lead to a decrease in government spending. It would be cool if higher rates reduced deficits, but they don't. The free market is pretty good at responding to higher prices. It also responds to lower prices.

How The Federal Reserve Is Redefining Success

AFC Gamma

Apollo Commercial Real Estate Finance

Barings BDC Inc

Frontline

It specializes in: Mezzanine Leveraged buyouts Management buyouts ESOPs Change of control transactions Acquisition financings Growth financing Recapitalizations in lower-middle market, mature, and later-stage companies It invests in manufacturing and distribution, business services and technology, transportation and logistics, and consumer products and services.

6 Stocks That Pay Massive 10% and Higher Dividends

Investors in FS KKR Capital have seen a resurgence since it bottomed out in October 2023. The market environment has improved markedly.

FS KKR: If Powell Wreaks Havoc This Week, Consider It A Gift

With a 13.5% annualized yield and a solid credit rating, FSK stock presents an appealing opportunity for income-focused investors, but caution is advised due to inherent risks.

Perfect For Retirement: 13%-Yielding FS KKR Is Both Cheap And Reliable

FS KKR Capital Corp has delivered strong returns for income investors, with shares appreciating by 7.91% and paying out significant dividends over the past year. The higher rate environment has been beneficial for FSK, allowing them to generate higher yields on their debt investments and increase net investment income. FSK is undervalued compared to its peers, trading at a lower market cap to NII multiple and at a discount to its net asset value, while offering a higher yield.

FS KKR Capital Looks Undervalued Heading Into Earnings Yielding 12.38%

KKR & Co. Inc. provides an optimistic outlook for 2024, highlighting opportunities in the credit market. FS KKR Capital, a BDC under the KKR umbrella, is recommended as a strong buy due to its high yield distribution and outperformance compared to peers. FSK has a current market cap of $5.8 billion, a discount to book value, and offers a current forward yield of about 12.5%.

FS KKR Capital Corp: Finding Opportunity In Every Difficulty

Arbor Realty Trust

Berry Petroleum Corp.

Want $2000 in Passive Income? Invest $2500 Into These 6 Stocks.

Highwoods Properties

Mach Natural Resources LP

Starwood Property

The company owns, develops, acquires, leases, and manages properties primarily in the best business districts (BBDs) of: Atlanta Charlotte Dallas Nashville Orlando Raleigh Richmond Tampa Highwoods Properties' biggest customers include the U.S.

Dividend Investors Won't Want to Miss Out on These Ultra High-Yield Dividends

ARMOUR Residential REIT

Gladstone Investment

MidCap Financial Investment Corp

Oaktree Specialty Lending

PennantPark Floating Rate Capital

Prospect Capital

Solar Capital

TCP Capital

Triplepoint Venture Growth BDC

Several high yielders are in danger. Some dividends are at risk. For others, it is primarily valuation. Why is taking gains so unpopular?

12% To 18% Dividend Yields In Danger

PHILADELPHIA and NEW YORK , Jan. 24, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2023 results after the close of trading on the New York Stock Exchange on Monday, February 26, 2024. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2023

FS KKR Capital currently earns a jaw-dropping annualized dividend yield of 12.6%.

This Supercharged 12.6% Yield Pays Investors To Own Corporate Debt

Alliance Resource Partners

The company also offers various mining technology products and services, including: Data networks Communication and tracking systems Mining proximity detection systems Industrial collision avoidance systems Data and analytics software Arbor Realty Trust Source: ewg3D / Getty Images This company trades at a ridiculous 6.9 times trailing earnings and pays a massive 11.33% dividend.

5 Excellent Dividend Stocks With Yields Over 10%

Since my last coverage on FSK KKR Capital the BDC has been growing its portfolio impressively. Additionally, the BDC managed to decrease their non-accrual rates from Q1 to Q3, which is impressive considering the macro environment. They also have a strong balance sheet and well-laddered debt maturities with most debt maturing in 2025 & beyond.

FS KKR Capital: Is The Discount To NAV Justified Or Is This BDC A Bargain?

Bain Capital Specialty Finance Inc

Crescent Capital BDC Inc

CION Investment Corp

Runway Growth Finance Corp

I've analyzed the performance of various BDCs in 2023 and specifically those with market caps over $100M.

Best BDCs Of 2023: Probably Not The Ones You Expected

The BDC market has been boosted by constrained access to conventional loans, high interest rates, and minimal corporate defaults. Ares Capital and FS KKR Capital are the largest and most liquid BDCs, making them attractive options for defensive allocation. In this article, I explain which one of these BDCs will likely deliver relative alpha performance in 2024.

The Battle Of Two Goliaths: Ares Capital Vs, FS KKR, Which One Will Win In 2024?

Ardmore Shipping

Bancolombia

DHT Holdings

Enterprise Products Partners

ICL-Israel Chemicals

MPLX

New York Community Bancorp

Large Cap Value is a value ranking strategy that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on a screen in Graham's book, "The Intelligent Investor." 56 out of 71 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.

71 Ben Graham January Value Stocks, 56 Jazzed Buys

British American Tobacco

Blackstone Secured Lending Fund

Cornerstone Strategic Value Fund Inc

Salesforce

Ford Motor Company

FS Credit Opportunities Corp

Pfizer

I discuss reader feedback and suggestions regarding the author's daily stock lists and dividend investing strategies. I also address criticisms of preference for low-priced stocks and the debate over whether a $1k investment should exceed the single-share price. Included is a list of the top 10 ReFa/Ro stocks for potential gains in the coming year based on analyst target prices.

November Readers Noted 27 Ideal-To-Buy Dividend Dogs

BlackRock Capital Investment

Fidus Investment

Goldman Sachs BDC

Buying a business development company (BDCs) is kinda, sorta like investing like a venture capitalist (VC).

How To Earn Yields Up To 15% From Small Business

This company is a leader in the thermal coal business, offers solid diversity and has a massive 13.35% yield.

7 Ultra High Yield Dividend Stocks to Buy Now

Anheuser-Busch InBev

Civitas Resources

After Treasury yields soared to over 5% for the 10-year note and the 30-year-long bond, many on Wall Street urged investors to grab the once-in-20-year debt.

10 Ultra-High-Yield Dividend Stocks For December 2023

FS KKR Capital Corp offers an investment grade backed 13% base dividend yield set to be boosted by supplementals next year. The BDC currently covers its base dividend distribution by 125% and has 2.5 quarters of spillover income as of the end of its fiscal 2023 third quarter. A discount to net asset value per share currently running at around 20% presents an opportunity for investors.

FS KKR: Investment Grade Yet Fat 13% Dividend Yield, NAV Keeps Me Worried

News for FS KKR Capital Corp ETF (FSK)