FS KKR Capital

FSK · NYSE

$10.13−$0.01 (−0.10%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $10.14

FSK analyst rating

HoldConsensus of 6 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold5
Underperform1
Sell0

12-month price target · 11 analysts

Average $12.41 (+22.5% upside)

Low: $10.10
Now: $10.13
High: $15.75

Upgrades and downgrades

The latest rating actions, newest first

FSK analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Sep 29, 2026	Downgrade	Equal-Weight → Underweight	$10.00	50%
JP Morgan	Aug 19, 2026	Maintains	Neutral	$9.50 → $11.00	56%
RBC Capital	Aug 12, 2026	Maintains	Sector Perform	$11.00 → $13.00	29%
Truist Securities	Aug 7, 2026	Maintains	Hold	$11.00 → $12.00	68%
Wells Fargo	May 12, 2026	Maintains	Equal-Weight	$11.00 → $10.00	50%
Keefe, Bruyette & Woods	Apr 16, 2026	Maintains	Market Perform	$15.00 → $11.00	36%
RBC Capital	Apr 6, 2026	Maintains	Sector Perform	$15.00 → $13.00	29%
JP Morgan	Mar 13, 2026	Maintains	Neutral	$13.00 → $9.50	56%
Truist Securities	Mar 4, 2026	Maintains	Hold	$17.00 → $11.00	68%
B. Riley Securities	Mar 3, 2026	Maintains	Neutral	$17.50 → $11.00	56%

The case for and against

Updated Mar 27, 2026

Bull case

FS KKR Capital Corp operates as a business development company with a focus on generating current income through investments in senior secured loans and lower-tier loans of private U.S. companies, which underlines its fundamental strength in the middle market. Despite a noted increase in non-accruals to 5.3% of the portfolio, up from 3.5% in the prior quarter, the firm has historically demonstrated an ability to manage credit quality effectively. The company's upside scenario, which projects incremental realized credit gains and a consistent leverage ratio, highlights the potential for financial growth and stability moving forward.

Bear case

The financial analysis of FS KKR Capital Corp indicates a concerning trend, with the second quarter NAV per share reported at $21.93, approximately 6% lower than previously estimated, reflecting the impact of realized and unrealized losses. Furthermore, the total fair value of the company's debt investment portfolio has diminished, decreasing from $14.12 billion in the prior quarter to $13.65 billion, falling short of the $14.15 billion estimate. Additionally, a downside risk scenario suggests further vulnerability, projecting 3% incremental realized credit losses, a leverage ratio of 1.1x, and declines in asset yield, emphasizing potential financial instability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.