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

FSK is up roughly 24% since its June lows and is now in positive territory for 2022. After FSK's bounce, it's still trading at an attractive valuation compared to its peers.

FS KKR: How This 10.8% Yielding BDC Is Looking After Q2 Earnings

FS KKR Capital Corp (NYSE:FSK ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Robert Paun - Director, IR Daniel Pietrzak - Co-President & CIO Michael Forman - Chairman & CEO Steven Lilly - CFO Brian Gerson - Co-President Conference Call Participants John Hecht - Jefferies Casey Alexander - Compass Point Research & Trading Ryan Lynch - KBW Melissa Wedel - JPMorgan Chase & Co. Robert Dodd - Raymond James & Associates Operator Good morning, ladies and gentlemen, and welcome to the FS KKR Capital Corp.'s Second Quarter 2022 Earnings Conference Call. [Operator Instructions].

FS KKR Capital Corp (FSK) CEO Michael Forman on Q2 2022 Results - Earnings Call Transcript

PHILADELPHIA and NEW YORK , Aug. 8, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter ended June 30, 2022, that its board of directors has declared a total third quarter 2022 distribution totaling $0.67 per share, and that the Company has increased its base distribution to $0.61 per share. Financial and Operating Highlights for the Quarter Ended June 30, 2022 (1) Net investment income of $0.71 per share, compared to $0.77 per share for the quarter ended March 31, 2022   Adjusted net investment income(2) of $0.67 per share, compared to $0.72 per share for the quarter ended March 31, 2022   Net asset value of $26.41 per share, compared to $27.33 per share as of March 31, 2022   Total net realized and unrealized loss of $0.96 per share, compared to a total net realized and unrealized gain of $0.02 per share for the quarter ended March 31, 2022   Adjusted net realized and unrealized loss(2) of $0.92 per share, compared to adjusted net realized and unrealized gain of $0.07 per share for the quarter ended March 31, 2022   Total purchases of $804 million versus $906 million of sales and repayments, including $87 million of sales to its joint venture Credit Opportunities Partners JV, LLC  Net debt to equity ratio(3) as of June 30, 2022 was 115%, compared to 112% as of March 31, 2022   Paid cash distributions to stockholders totaling $0.68 per share(4) "FSK delivered another strong quarter of results as our adjusted net investment income per share of $0.67 exceeded our public guidance of $0.65 per share," said Michael C.

FS KKR Capital Corp. Announces Second Quarter 2022 Results, Declares Total Third Quarter 2022 Distribution of $0.67 per share, and Increases Base Distribution to $0.61 per share

AFC Gamma

AGNC Investment

Broadmark Realty Capital Inc.

Eagle Bulk Shipping

Genco Shipping & Trading

Annaly Capital

Despite what some across Wall Street say, if the July consumer price index numbers come in red-hot like they did for June, you can bet on the Federal Reserve raising interest rates another 75 basis points in September.

7 Sizzling Stocks Now Offering Dividends of 11% or More

Apollo Investment

Ares Capital

Blackstone Secured Lending Fund

TCG BDC

Capital Southwest

Fidus Investment

Gladstone Investment

Golub Capital BDC

Gladstone Capital

Goldman Sachs BDC

Hercules Capital

Main Street Capital

Monroe Capital

Oaktree Specialty Lending

Owl Rock Capital Corp

PennantPark Floating Rate Capital

PennantPark Investment

Prospect Capital

TCP Capital

Triplepoint Venture Growth BDC

Sixth Street Specialty Lending

This should be excellent timing for a discussion of investment grade (“IG”) notes/bonds for lower-risk investors that do not mind lower yields/returns. These notes were previously overpriced, but prices have declined and are now at attractive levels, most of which are yielding between 5% and 8%.

Recession Proofing With Investment Grade Bonds

Both FSK and MAIN boast investment-grade credit ratings. FSK has a 12.6% dividend yield, and MAIN has a 6.2% dividend yield.

Better Investment Grade Sky-High Yield Buy: FS KKR Vs. Main Street

PHILADELPHIA and NEW YORK , July 13, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its second quarter 2022 results after the close of trading on the New York Stock Exchange on Monday, August 8, 2022. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Second Quarter 2022

Bank of America

Cigna

Fidelity National Financial

JPMorgan Chase & Co

AT&T

The best retirement stocks for investors over 50 reflect stable income, secured by the company's earnings, and low P/E's. The post The 6 Best Retirement Stocks for Investors Over 50 appeared first on InvestorPlace.

The 6 Best Retirement Stocks for Investors Over 50

A-Mark Precious Metals

Bancolombia

Midland States Bancorp

OFS Capital

Trinity Capital

Here are the seven best financial stocks to buy in July for attractive dividend yields and prices that could reward patient investors. The post 7 Best Financial Stocks to Buy in July 2022 appeared first on InvestorPlace.

7 Best Financial Stocks to Buy in July 2022

Broadcom

Crescent Capital BDC Inc

Hasbro

Merck

Raytheon Technologies

These stocks pay dividends, have low payout ratios, low P/E multiples, and good growth. These six stocks are in industries and fields that make them recession-proof stocks, especially given their dividend yields and low multiples.

6 Recession-Proof Stocks to Buy as the Market Boom Ends

Omega Healthcare Investors

Global Partners

Office Properties Income Trust

These six dividend stocks to buy provide a positive nominal return to investors as their yields are greater than 8.6%, the current CPI rate. The post 6 Strong Dividend Stocks to Buy for High Inflation appeared first on InvestorPlace.

6 Strong Dividend Stocks to Buy for High Inflation

American Eagle Outfitters

Compania Cervecerias Unidas

Costamare

Dick's Sporting Goods

Kenon Hlds

M.D.C. Holdings

Petroleo Brasileiro

PotlatchDeltic

Qiwi

Rio Tinto plc Sponsored

Sibanye Stillwater

Ternium

Via Renewables

"Benjamin Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 35 Graham Formula Picks screened by YCharts on 7/21/22 were based on Ben Graham's established value-detection-criteria. Of those, 24 met the dogcatcher ideal of dividends from $1K invested exceeding their single-share-stock prices.

Ben Graham's Formula Tags 24 Ideal Value Stocks For June

FSK continues to grow its Net Investment Income and quarterly distribution indicating that its overall distribution per share can still grow. FSK is trading at almost a -20% discount to its NAV indicating a steep discounted share price while yielding 12.49%.

FS KKR Capital Is An Undervalued BDC Yielding 12.49%

Interest rates are rising, and despite chatter that the Federal Reserve may pause in the fall, that will depend on when inflation decides to pause.

These 6 ‘Strong Buy' Business Development Companies Pay Massive Dividends

Business Development Companies (BDCs) are closed-end funds that invest in small and medium-sized companies that are not attractive enough to large companies. These firms are widely known for the high dividends they distribute to their shareholders.

Top 4 safe high-yield BDC stocks to buy in 2022

Braskem

ZIM Integrated Shipping Services

These mid-cap stocks to buy have big yields and attractive valuations, with meaningful potential for capital appreciation. The post 3 Mid-Cap Stocks to Buy for Big Yields appeared first on InvestorPlace.

3 Mid-Cap Stocks to Buy for Big Yields

FS KKR Capital Corp (NYSE:FSK ) Q1 2022 Earnings Conference Call May 10, 2022 9:00 AM ET Company Participants Robert Paun - Head, IR Michael Forman - Chairman and CEO Dan Pietrzak - CIO and Co-President Brian Gerson - Co-President Steven Lilly - CFO Ryan Wilson - Co-COO Conference Call Participants Kenneth Lee - RBC Capital Markets Melissa Wedel - JPMorgan Paul Johnson - KBW Casey Alexander - Compass Point Bryce Rowe - Hovde Group Operator Good morning, ladies and gentlemen and welcome to FS KKR Capital Corp's First Quarter 2022 Earnings Conference Call. Your lines will be in a listen-only mode during the remarks by FSK's management.

FS KKR Capital Corp (FSK) CEO Michael Forman on Q1 2022 Earnings Call Transcript

FS KKR Capital (FSK) delivered earnings and revenue surprises of 12.50% and 11.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

FS KKR Capital (FSK) Tops Q1 Earnings and Revenue Estimates

PHILADELPHIA and NEW YORK , April 14, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its first quarter 2022 results after the close of trading on the New York Stock Exchange on Monday, May 9, 2022. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for First Quarter 2022

FSK is selling at a Price/NII of just 8.33X, a 45% discount vs. the BDC industry average.

FS KKR Capital: 15% Discount To NAV, Very Low Earnings Multiple, 11% Yield

Arlington Asset Investment

ACRES Commercial Realty Corp.

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

ARMOUR Residential REIT

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

Dynex Capital

Ellington Residential Mortgage REIT

Ellington Financial

Franklin BSP Realty Trust Inc

Gladstone Investment Corp 6 1/4% Cum Term Pfd Shs Series D

Granite Point Mortgage Trust

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but dividend rates could increase materially in a few years.

3 Picks For 7.2% To 9.3% Dividend Yields

Barings BDC Inc

BlackRock Capital Investment

We take a look at the action in BDCs through the third week of March and highlight some of the key themes we are watching.

BDC Market Weekly Review: Are Big-Boy BDCs Also Big On Performance?

Horizon Technology Finance

Horizon Technology Finance Corp Notes 2017-15.09.22

We take a look at the action in BDCs through the second week of March and highlight some of the key themes we are watching.

BDC Market Weekly Review: What Makes A 'Quality' BDC?

Verizon

Williams

Should you take a closer look at these dividend stocks as the Ukraine invasion intensifies?

5 Top Dividend Stocks To Watch This Week

PHILADELPHIA, Pa. and NEW YORK, March 4, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), announced today that Daniel Pietrzak, FSK's Co-President and Chief Investment Officer, is scheduled to participate on a BDC panel at the 2022 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 8, 2022 at 2:00 PM Eastern Time.

FS KKR Capital Corp. to Present at 2022 RBC Capital Markets Global Financial Institutions Conference

News for FS KKR Capital Corp ETF (FSK)