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 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%

AFC Gamma

Apollo Investment

Ares Capital

Capital Southwest

Oaktree Specialty Lending

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

Golub Capital BDC

Main Street Capital

Owl Rock Capital Corp

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

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

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

Blackstone Secured Lending Fund

TCG BDC

Fidus Investment

Goldman Sachs BDC

TCP Capital

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

Prospect Capital

Trinity Capital

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?

Global Partners

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

PHILADELPHIA and NEW YORK, Feb. 28, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter and year ended December 31, 2021, and that its board of directors has declared a first quarter 2022 distribution totaling $0.63 per share. Financial and Operating Highlights for the Quarter Ended December 31, 2021 (1) Net investment income of $0.66 per share, compared to $0.71 per share for the quarter ended September 30, 2021 Adjusted net investment income(2) of $0.65 per share, compared to $0.64 per share for the quarter ended September 30, 2021 Net asset value of $27.17 per share, compared to $27.14 per share as of September 30, 2021 Total net realized and unrealized loss of $0.02 per share, compared to a total net realized and unrealized gain of $0.24 per share for the quarter ended September 30, 2021 Adjusted net realized and unrealized gain(2) of $0.03 per share, compared to $0.31 per share for the quarter ended September 30, 2021 Total purchases of $2.1 billion versus $1.9 billion of sales and repayments, including $1.0 billion of sales to its joint venture Credit Opportunities Partners JV, LLC Net debt to equity ratio(3) as of December 31, 2021 was 107%, compared to 103% as of September 30, 2021 Paid cash distributions to stockholders totaling $0.62 per share(4) Financial and Operating Highlights for the Year Ended December 31, 2021 (1) Net investment income of $2.76 per share, compared to $2.66 per share for the year ended December 31, 2020 Total net realized and unrealized gain of $4.40 per share, compared to a total net realized and unrealized loss of $5.92 per share for the year ended December 31, 2020 Paid cash distributions to stockholders totaling $2.47 per share(4) "We were pleased to conclude 2021 with another strong quarter of financial results," said Michael C.

FS KKR Capital Corp. Announces Fourth Quarter and Full Year 2021 Results and Declares First Quarter 2022 Dividend of $0.63 per share

Big 5 Sporting Goods

Compania Cervecerias Unidas

Equitrans Midstream

Hercules Capital

Haverty Furniture Companies

International General Insuranc Hldgs Ltd

M.D.C. Holdings

POSCO

Qiwi

Companhia Siderurgica Nacional

Ternium

Universal Insurance Hlds

"Benjamin Graham Value Stocks match the criteria. Benjamin Graham followed." -YCharts Value Screener. 35 Graham-Formula Picks screened-by YCharts 2/16/22 were based-on Ben Graham's value detection criteria. Of those, 25 met the dogcatcher-ideal of dividends from $1K $1K invested exceeding their single-share prices.

Fabulous February Value Stocks From Graham Formula Filters

We take a look at the action in BDCs through the fourth week of January and highlight some of the key themes we are watching. BDCs continue to outperform the broader income market helped by a consensus shift to 5 hikes this year.

BDC Sector Market Review: BDCs Or Loan CEFs For Higher Rates?

PHILADELPHIA and NEW YORK, Feb. 2, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2021 results after the close of trading on the New York Stock Exchange on Monday, February 28, 2022. 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 2021

PennantPark Investment

We take a look at the action in BDCs through the second week of January and highlight some of the key themes we are watching. The BDC sector has remained resilient so far in 2022 despite lower stocks and Treasuries. In our view, this is due to a faster expected move through the NII valley.

BDC Sector Market Review: Debt Interest Costs Move Higher

FS KKR Capital Corp. has mostly invested its funds in senior secured loans and asset-based finance, where the risk of default is low. The company's price has fallen substantially from its pre-COVID-19 levels, and can be rocked by volatility. However, I believe that downside from here on is limited.

FS KKR Capital: Long-Term Income Generator With A Medium-Risk Profile

PHILADELPHIA, Jan. 18, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of $500,000,000 in aggregate principal amount of its 3.250% unsecured notes due 2027 (the "Notes"). BofA Securities, Inc., BMO Capital Markets Corp., KKR Capital Markets LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., J.P.

FSK Completes Offering of $500,000,000 3.250% Notes Due 2027

PHILADELPHIA, Jan. 10, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced that it has priced an underwritten public offering of $500,000,000 in aggregate principal amount of its 3.250% unsecured notes due 2027 (the "Notes"). The Notes will mature on July 15, 2027 and may be redeemed in whole or in part at FSK's option at any time at par plus a "make-whole" premium, provided that the Notes may be redeemed at par one month prior to their maturity.

FSK Prices Public Offering of $500,000,000 3.250% Notes Due 2027

Advanced Micro Devices

Enterprise Products Partners

Grindrod Shipping Holdings Ltd

Leggett & Platt

Lumen Technologies

M&T Bank

MV Oil Trust Units

Newtek Business Services

People's United Financial

Ship Finance

Sirius XM Holdings Inc

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

Xilinx

December 3, 2021 - January 3 2022 readers mentioned 40 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues, QIWI, GRIN, CHMI, LUMN, SFL, EPD, T, ZIM, EARN, & LEG averaged 41.99% net gains from data collected 1/3/22.

My Readers Identified 26 Ready-To-Buy Dividend Dogs For January

Donegal Group

Dow Inc

International Paper

LyondellBasell Industries

Old Republic International

Rio Tinto plc Sponsored

Sibanye Stillwater

Unum

Xerox

"Benjamin Graham Value Stocks match the criteria Benjamin Graham followed. " - YCharts Value Screener. 35 Graham formula picks screened by YCharts December 10, 2021 are based on Graham's established value detection criteria. Of those, 24 matched the dogcatcher ideal showing dividends from $1k invested.

News for FS KKR Capital Corp ETF (FSK)