
FSK Stock Forecast & Price Target
FSK Analyst Ratings
Bulls say
FS KKR Capital Corp's investment strategy focuses on generating current income and long-term capital appreciation through its investments in senior secured loans and other debt instruments of private middle-market U.S. companies. Despite an increase in non-accruals to 5.3% of the portfolio on an amortized cost basis, reflecting some credit performance challenges, the company has a historical trend of effectively managing non-accruals, which indicates potential resilience in adapting to market conditions. The upside scenario, which assumes incremental realized credit gains, a stable debt-to-equity leverage ratio, and an increase in average asset yield, suggests a favorable outlook for value appreciation in the investment portfolio.
Bears say
FS KKR Capital Corp reported a second-quarter Net Asset Value (NAV) per share of $21.93, which was approximately 6% lower than the estimated $23.30, primarily impacted by realized and unrealized losses during the quarter. The total fair value of the company's debt investment portfolio was recorded at $13.65 billion, falling short of the $14.15 billion estimate and reflecting a decrease from the $14.12 billion reported in the prior quarter. Additionally, a downside scenario indicates potential future challenges, projecting a 3% incremental realization of credit losses within the investment portfolio, which could further strain financial performance.
This aggregate rating is based on analysts' research of FS KKR Capital Corp and is not a guaranteed prediction by Public.com or investment advice.
FSK Analyst Forecast & Price Prediction
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