FSK Stock Summary and Trading Ideas (FS Kkr Capital Corp. | NYSE:FSK)

FS KKR Capital Corp is a business development company based in the United States. Its portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. It is focused on providing customized credit solutions to private upper middle-market companies, which it generally defines as companies with annual EBITDA of at least $50 million at the time of investment.

FS Kkr Capital Corp. trades on the NYSE stock market under the symbol FSK.

As of April 18, 2024, FSK stock price climbed to $19.16 with 1,008,659 million shares trading.

FSK has a beta of 0.49, meaning it tends to be less sensitive to market movements. FSK has a correlation of 0.18 to the broad based SPY ETF.

FSK has a market cap of $5.37 billion. This is considered a Mid Cap stock.

Last quarter FS Kkr Capital Corp. reported $447 million in Revenue and $.75 earnings per share. This fell short of revenue expectation by $-6 million and met earnings estimates .

In the last 3 years, FSK stock traded as high as $23.45 and as low as $16.70.

The top ETF exchange traded funds that FSK belongs to (by Net Assets): BIZD, KBWD, PBDC, VPC, DVDN.

FSK has underperformed the market in the last year with a return of +18.9%, while the SPY ETF gained +22.2%. In the last 3 month period, FSK fell short of the market, returning -3.3%, while SPY returned +5.2%. However, in the most recent 2 weeks FSK has outperformed the stock market by returning +1.0%, while SPY returned -2.6%.

FSK support price is $18.88 and resistance is $19.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FSK stock will trade within this expected range on the day.