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

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Earnings data Q1 2022

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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.

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FS KKR Capital (FSK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FS KKR Capital (FSK) Earnings Expected to Grow: Should You Buy?

FS KKR Capital (FSK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will FS KKR Capital (FSK) Beat Estimates Again in Its Next Earnings Report?

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FS KKR Capital Corp trades at a 20% discount to its book value, offering a high annualized yield of 14.4% and showcasing resilience in an elevated interest rate environment. Potential reasons for the discount include historical poor performance, high leverage, and lack of dividend growth, but recent strategic shifts and strong financials have debunked these concerns. FSK presents an attractive buying opportunity at its current price. However, caution is advised due to potential economic headwinds.

14% Yield, 20% Below Book Value - FS KKR Is A BDC Gem

Shares of FSK have declined by -4.53% since the last article, pushing its yield to 13.07%. FSK trades at a significant discount to its net asset value and has been selling off despite a higher for longer rate environment. The rising rate environment is beneficial for FSK as it provides a compelling reason for income investors to venture outside of risk-free assets.

FS KKR's Distribution Has Crossed 13% And I Am Buying More

PHILADELPHIA and NEW YORK , Oct. 10, 2023 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its third quarter 2023 results after the close of trading on the New York Stock Exchange on Monday, November 6, 2023. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Third Quarter 2023

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FS KKR: 14% Stock Yield Or 8% Bond Yield?

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FS KKR Capital stock is still trading at a steep discount against its NAV despite the remarkable recovery from its 2022 lows. Its forward dividend yield of more than 14% supports its best-in-class "A" valuation grade. FSK's solid price action indicates that FSK isn't a value trap but is priced with unjustified pessimism.

FS KKR: Fat Yields Are Still Juicy

FS KKR Capital Corp is the 2nd largest BDC by net assets and market cap, making it a popular choice among income investors. FSK delivered strong Q2 results, beating consensus estimates for net investment income and total investment income. FSK's portfolio and distribution yield make it an attractive investment, especially as the Fed considers easing rates.

FS KKR Has A Distribution Yield Of 12.51% And Is Undervalued

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FSK is paying its common shareholders a 12.7% base dividend yield that was 122% covered by its fiscal 2023 second quarter adjusted net investment income. The BDC is currently swapping hands at a 19% discount to its net asset value. NAV per share of $24.69 did decline sequentially on the back of special distributions and adjusted NII that was flat versus the first quarter.

FS KKR: 19% Discount To NAV, Growing Payouts, 12.7% Base Yield

Inflation for the latest quarter came in at 3.2%, slightly lower than expected. The Dividend Harvesting Portfolio has performed well, delivering consistent cash flow and mitigating downside risk. Dividend income from various investment baskets has increased, with the goal of generating $1,000 per month in the future.

Dividend Harvesting Portfolio Week 128: $12,800 Allocated, $1,108.94 In Projected Dividends

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Dividend Harvesting Portfolio Week 127: $12,700 Allocated, $1,095.77 In Projected Dividends

Improvement in total investment income and decent portfolio activity support FS KKR Capital's (FSK) Q2 earnings.

FS KKR Capital (FSK) Q2 Earnings Beat Despite Higher Expenses

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FS KKR Capital Corp (NYSE:FSK ) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants Robert Paun – Head-Investor Relations Michael Forman – Chief Executive Officer and Chairman Dan Pietrzak – Chief Investment Officer and Co-President Brian Gerson – Co-President Steven Lilly – Chief Financial Officer Conference Call Participants John Hecht – Jefferies Casey Alexander – Compass Point Research and Trading Ryan Lynch – KBW Ken Lee – RBC Capital Markets Robert Dodd – Raymond James Mark Hughes – Truist Securities Melissa Wedel – J.P. Morgan Bryce Rowe – B.

FS KKR Capital Corp (FSK) Q2 2023 Earnings Call Transcript

The headline numbers for FS KKR Capital (FSK) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

FS KKR Capital (FSK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Declares Third Quarter 2023 Distribution of $0.70 per share, Which When Combined with the Company's Previously Declared $0.05 per share Special Distribution, Results in a Total Third Quarter Distribution of $0.75 per share PHILADELPHIA and NEW YORK , Aug. 7, 2023 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter ended June 30, 2023, and that its board of directors has declared a third quarter 2023 distribution totaling $0.70 per share. A total distribution of $0.75 per share will be paid in the third quarter, which includes the second $0.05 per share installment of the $0.15 per share total special distribution declared on May 5, 2023.

FS KKR Capital Corp. Announces Second Quarter 2023 Results

Although externally managed, management seems to be more aligned with shareholders with frequent special dividends when compared to their more conservative peer Ares Capital. FSK reported a rise in non-accruals in quarter-over-quarter, but the percentage is still below the KBW BDC average. The merger has resulted in NII growth and improved competitive positioning for FSK as the now second-largest BDC.

FS KKR Capital: The Road Ahead Looks Promising

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News for FS KKR Capital Corp ETF (FSK)