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FS KKR Capital Corp. (FSK)

Financial Services | Asset Management | Philadelphia, United States | NYSE
10.81 USD +0.01 (0.093%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 10.93 +0.12 (1.110%) ⇧ (July 13, 2026, 7:56 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 2:36 a.m. EDT

The investment case for FS KKR is currently defined by a severe disconnect between its headline-yielding dividend and its deteriorating business reality. While the 21.78% yield is mathematically attractive, it is built on a foundation of negative earnings (-$1.96 trailing EPS) and a 24% contraction in revenue, meaning the payout relies entirely on cash flow that is shrinking alongside the top line. The company is also raising capital through preferred stock issuance, a classic distress signal that equity holders are being diluted to shore up the balance sheet. The long-term outlook is precarious. Although the stock has recently staged a technical recovery (up 7.29% year-over-year), the broader trajectory remains deeply bearish, having lost over 41% of its value since 2016. This multi-year decline suggests the market views the current price as a fair reflection of a struggling business, not a bargain. The options market confirms this pessimism, with traders aggressively buying insurance against further drops rather than betting on a rally. For the short term, the stock offers a speculative entry for those willing to tolerate extreme volatility and the risk of dividend cuts, but the lack of earnings support makes this a dangerous play. The 'light at the end of the rotation' narrative mentioned in recent headlines is not yet supported by the hard data of revenue growth or profitability. Until the company demonstrates a sustained return to positive earnings and stabilizes its revenue stream, the high yield serves as a warning rather than a reward.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.022562
AutoETS0.023859
MSTL0.025005
AutoARIMA0.031714

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 49%
H-stat 0.71
Ljung-Box p 0.000
Jarque-Bera p 0.952
Excess Kurtosis 0.23
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-16
Last Dividend Date 2026-06-16
Debt to Equity Ratio 137.865
Revenue per Share 5.081
Market Cap 3,027,518,208
Forward P/E 7.02
Beta 0.90
Profit Margins -38.65%
Website https://www.fskkrcapitalcorp.com

As of July 11, 2026, 2:36 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts (over 12,600 contracts) compared to negligible call volume. While there is some speculative buying of deep out-of-the-money calls (strikes 15.0 and 17.5) suggesting a hope for a sharp recovery, the overwhelming capital allocation is in put writing or buying, indicating a fear of further decline rather than a bullish bet on immediate momentum.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
4.11% 17.77% 15.63% 14.84%
Dividend History
Date Dividend Yield %
2026-06-17 0.420 4.109589
2026-03-18 0.480 4.752475
2025-12-03 0.700 4.536617
2025-09-17 0.700 4.366812
2025-06-18 0.700 3.403014
2025-03-19 0.700 3.411306
2024-12-04 0.700 3.275620
2024-09-11 0.700 3.628823
2024-06-12 0.700 3.533569
2024-05-14 0.050 0.248386
2024-03-12 0.700 3.779698
2024-02-13 0.050 0.251130
2023-12-12 0.700 3.549696
2023-11-14 0.050 0.251256
2023-09-12 0.700 3.531786
2023-08-15 0.050 0.249750
2023-06-13 0.700 3.672613
2023-05-16 0.050 0.266241
2023-03-14 0.700 3.939223
2022-12-13 0.680 3.746557
2022-09-13 0.670 3.263517
2022-06-14 0.680 3.534304
2022-03-15 0.630 2.911275
2021-12-14 0.620 3.086112
2021-09-14 0.650 2.917415
2021-06-10 0.600 2.690583
2021-03-16 0.600 2.941177
2020-12-15 0.600 3.403290
2020-09-15 0.600 3.759398
2020-06-16 0.600 3.592814
2020-03-17 0.760 5.974843
2019-12-17 0.760 3.074434
2019-09-17 0.760 3.287197
2019-06-18 0.760 3.119869
2019-03-19 0.760 3.089431
2018-12-11 0.760 3.281520
2018-11-16 0.360 1.456311
2018-09-18 0.760 2.657343
2018-06-19 0.760 2.500000
2018-03-20 0.760 2.676056
2017-12-19 0.760 2.500000
2017-09-19 0.892 2.753086
2017-06-19 0.892 2.450549
2017-03-20 0.892 2.275510
2016-12-19 0.892 2.241206
2016-09-19 0.892 2.385027
2016-06-20 0.892 2.519774
2016-03-21 0.892 2.421281
2015-12-18 0.892 2.458655
2015-09-21 0.892 2.227772
2015-06-22 0.892 2.158761
2015-03-23 0.892 2.236710
2014-12-18 0.296 0.721248
2014-11-18 0.296 0.711538
2014-10-29 0.400 0.952381
2014-10-23 0.296 0.698772
2014-09-22 0.296 0.706781
2014-08-21 0.296 0.710173
2014-07-29 0.400 0.951475
2014-07-23 0.296 0.698772
2014-06-20 0.296 0.725490
2014-05-27 0.296 0.712909
2014-05-05 0.296 0.724780
Additional Data
dividendRate 2.3
dividendYield 21.3
exDividendDate 2026-06-17
trailingAnnualDividendRate 2.37
trailingAnnualDividendYield 0.21944442
lastDividendValue 0.42
lastDividendDate 2026-06-17
dividendDate 2026-07-02

Info Dump

Attribute Value
52 Week Change -0.50481427
Address1 3,025 JFK Boulevard
Address2 OFC 500
All Time High 43.52
All Time Low 7.6
Ask 10.8
Ask Size 2,400
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 2,703,410
Average Daily Volume3 Month 3,209,214
Average Volume 3,209,214
Average Volume10Days 2,703,410
Beta 0.898
Bid 10.79
Bid Size 4,500
Book Value 18.831
City Philadelphia
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.81
Current Ratio 1.879
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.97
Day Low 10.72
Debt To Equity 137.865
Display Name FS KKR Capital
Dividend Date 1,782,950,400
Dividend Rate 2.3
Dividend Yield 21.3
Earnings Call Timestamp End 1,786,046,400
Earnings Call Timestamp Start 1,786,046,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda Margins 0.0
Enterprise To Revenue 7.147
Enterprise Value 10,169,518,080
Eps Current Year 1.64337
Eps Forward 1.54045
Eps Trailing Twelve Months -1.96
Esg Populated 0
Ex Dividend Date 1,781,654,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 215 339 1931
Fifty Day Average 10.7564
Fifty Day Average Change 0.05360031
Fifty Day Average Change Percent 0.004983109
Fifty Two Week Change Percent -50.481426
Fifty Two Week High 22.68
Fifty Two Week High Change -11.87
Fifty Two Week High Change Percent -0.5233686
Fifty Two Week Low 9.72
Fifty Two Week Low Change 1.0900002
Fifty Two Week Low Change Percent 0.11213993
Fifty Two Week Range 9.72 - 22.68
Financial Currency USD
First Trade Date Milliseconds 1,397,655,000,000
Five Year Avg Dividend Yield 14.28
Forward Eps 1.54045
Forward P E 7.0174303
Free Cashflow 171,750,000
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 1,423,000,064
Has Pre Post Market Data 1
Held Percent Insiders 0.00187
Held Percent Institutions 0.45626
Implied Shares Outstanding 280,066,433
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,654,400
Last Dividend Value 0.42
Last Fiscal Year End 1,767,139,200
Last Split Date 1,592,265,600
Last Split Factor 1:4
Long Business Summary FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2500 million. It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $150+ million at the time of investment. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.
Long Name FS KKR Capital Corp.
Market us_market
Market Cap 3,027,518,208
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_41597859
Most Recent Quarter 1,774,915,200
Net Income To Common -550,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,024,717,476
Number Of Analyst Opinions 10
Open 10.87
Operating Cashflow 1,255,000,064
Operating Margins 0.73026
Payout Ratio 70.0
Peg Ratio 3.27
Phone 215 220 6651
Post Market Change 0.119999886
Post Market Change Percent 1.1100821
Post Market Price 10.93
Post Market Time 1,783,986,969
Previous Close 10.8
Price Eps Current Year 6.5779467
Price Hint 2
Price To Book 0.57405347
Price To Sales Trailing12 Months 2.1275601
Profit Margins -0.38651
Quick Ratio 1.75
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.81818
Region US
Regular Market Change 0.0100002
Regular Market Change Percent 0.0925947
Regular Market Day High 10.97
Regular Market Day Low 10.72
Regular Market Day Range 10.72 - 10.97
Regular Market Open 10.87
Regular Market Previous Close 10.8
Regular Market Price 10.81
Regular Market Time 1,783,972,803
Regular Market Volume 2,108,192
Return On Assets 0.047859997
Return On Equity -0.093059994
Revenue Growth -0.24
Revenue Per Share 5.081
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 280,066,433
Shares Percent Shares Out 0.051999997
Shares Short 14,571,942
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 15,036,011
Short Name FS KKR Capital Corp.
Short Percent Of Float 0.0521
Short Ratio 5.06
Source Interval 15
State PA
Symbol FSK
Target High Price 15.0
Target Low Price 9.5
Target Mean Price 11.5
Target Median Price 11.0
Total Cash 129,000,000
Total Cash Per Share 0.461
Total Debt 7,271,000,064
Total Revenue 1,423,000,064
Tradeable 0
Trailing Annual Dividend Rate 2.37
Trailing Annual Dividend Yield 0.21944442
Trailing Eps -1.96
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.82245
Two Hundred Day Average Change -2.0124493
Two Hundred Day Average Change Percent -0.15694733
Type Disp Equity
Volume 2,108,192
Website https://www.fskkrcapitalcorp.com
Zip 19,104