FS KKR Capital Corp. (FSK)

In the past six months, FS KKR Capital Corp.'s stock has experienced a downturn, hitting a new 52-week low and trading below its moving averages. The stock has decreased since the beginning of the year and has trended down over the past six months. Several analyst actions have impacted the stock, including upgrades, downgrades, and price target reductions. The company reported Q3 EPS in line with expectations but down year-over-year, while the CEO increased his stake. Q2 2025 earnings missed analysts' expectations, leading to a drop in the stock price and a decline in net asset value per share. Analyst sentiment is generally "Hold," with a consensus target of $17.50.

There is no explicit information indicating a specific seasonal pattern in the demand for FS KKR Capital Corp.'s products and services. However, the demand for private credit solutions is influenced by broader economic factors and a structural demand for private credit from sponsors seeking speed and certainty of execution.

FS KKR Capital Corp. (FSK) is a publicly traded business development company (BDC) specializing in customized credit solutions to private middle-market U.S. companies, operating within the Financial Services sector and Asset Management industry. The company primarily invests in debt securities, focusing on senior secured debt, subordinated debt, and asset-based financing loans, aiming to generate current income and long-term capital appreciation. FSK may also receive equity interests and targets U.S. companies with annual revenues between $10 million and $2.5 billion, and annual EBITDA of $50 million to $100 million at the time of investment.

FS KKR Capital Corp. focuses its investment activities exclusively on private middle-market companies based in the United States.

FS KKR Capital Corp.'s reputation in the past year has been significantly affected by financial performance issues and subsequent analyst reactions. Fitch Ratings downgraded the company due to persistent elevated non-accruals, realized losses, and weakened asset coverage cushion. The company has also faced severe non-accrual issues and persistent dividend coverage shortfalls, leading to a major dividend reset. These issues have been described as red flags by some analysts, signaling deteriorating portfolio quality and unacceptable risk for common equity holders.

As of February 3, 2026, FS KKR Capital Corp. has 520 institutional owners and shareholders holding a total of 87,924,352 shares, including major institutional owners such as Commonwealth Equity Services, Llc, Van Eck Associates Corp, LPL Financial LLC, UBS Group AG, and Morgan Stanley. Mutual Funds & ETFs hold 3.36% of shares outstanding, Other Institutional Investors hold 25.36%, and Public Companies & Retail Investors hold 71.28%.