FS KKR Capital director Hopkins buys $14,864 in common stock

In a recent transaction, Jerel A. Hopkins, a director at FS KKR Capital Corp (NYSE:FSK), acquired 700 shares of the company’s common stock. The purchase, which took place on May 29, 2025, was executed at an average price of $21.235 per share, totaling approximately $14,864. The business development company, currently valued at $5.9 billion, maintains a notable dividend yield of ~13% and has consistently paid dividends for 12 consecutive years, according to InvestingPro data. Following this transaction, Hopkins holds a total of 9,354.016 shares, including those acquired through the company’s dividend reinvestment plan. The shares are owned indirectly through an Individual Retirement Account (IRA). Trading at a P/E ratio of 11.1x with strong financial health metrics (scoring "GREAT" on InvestingPro’s comprehensive analysis), FSK shows robust fundamentals with current assets more than twice its short-term obligations.

In other recent news, FS KKR Capital Corp reported first-quarter 2025 earnings that exceeded Wall Street forecasts. The company achieved an adjusted net investment income of $0.65 per share, slightly surpassing the projected $0.64, while total investment income reached $400 million, above the expected $395.72 million. Additionally, FS KKR Capital originated $2 billion in new investments and successfully closed its second middle market collateralized loan obligation (CLO), raising $380 million. Despite a decrease in net asset value per share to $23.37 from $23.64 in the previous quarter, FS KKR Capital maintains robust liquidity of $3.2 billion. Analysts from firms such as Jefferies and Compass Point Research and Trading have engaged with the company, focusing on the firm’s performance and market positioning. FS KKR Capital anticipates ongoing market volatility, with projections for Q2 2025 indicating a GAAP net investment income of approximately $0.64 per share. The company remains focused on managing risks and leveraging its credit platform to navigate the current economic landscape.

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