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FS KKR Capital Corp’s stock reached a 52-week low, touching $15.48. The $4.35 billion business development company, which maintains an impressive 17.65% dividend yield and has sustained dividend payments for 12 consecutive years, is showing signs of being oversold according to InvestingPro technical indicators. This milestone marks a significant downturn for the company, as it reflects a 21.46% decrease in its stock price over the past year. The decline highlights the challenges faced by the firm amidst broader market conditions and investor sentiment. Despite the recent pressure, the company maintains strong fundamentals with a healthy current ratio of 2.24, indicating solid liquidity. As the stock hits this new low, market analysts and investors will be closely monitoring FS KKR Capital’s strategies and financial performance to gauge potential recovery or further declines. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis report that could help evaluate the investment opportunity at these levels.
In other recent news, FS KKR Capital Corp. reported its second-quarter 2025 earnings, which did not meet analysts’ expectations. The company announced earnings per share of $0.60, falling short of the projected $0.63, while revenue reached $398 million, slightly below the anticipated $401.63 million. Additionally, FS KKR Capital has priced a $400 million public offering of unsecured notes with a 6.125% interest rate, set to mature on January 15, 2031. Shareholders of FS KKR Capital approved a proposal allowing the company to sell shares below net asset value per share in future offerings. In terms of analyst actions, RBC Capital lowered its price target for FS KKR Capital to $18.00 from $21.00, maintaining a Sector Perform rating due to revised net investment income estimates. Furthermore, Fitch Ratings affirmed FS KKR Capital’s long-term issuer default rating at ’BBB-’ but revised its outlook to negative from stable. This outlook change was attributed to ongoing challenges such as elevated non-accruals and realized losses from portfolio restructurings. These developments provide investors with insights into the company’s current financial and strategic landscape.
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