FS KKR Capital (NYSE:FSK) Stock Sees Heavy Put Option Buying

FS KKR Capital Corp. (NYSE:FSK) was the recipient of unusually large options trading activity on Friday. Stock investors purchased 2,732 put options on the stock. This is an increase of approximately 217% compared to the typical volume of 862 put options.

FS KKR Capital News Roundup

Here are the key news stories impacting FS KKR Capital this week:

• Positive Sentiment: FSK’s board maintained its fourth-quarter 2026 quarterly distribution at $0.44 per share, payable December 24 to shareholders of record December 16. The stable payout supports the stock’s income appeal. FS KKR Capital declares fourth-quarter distribution
• Positive Sentiment: The company also declared a $0.20-per-share special distribution, representing a portion of estimated undistributed taxable income. Together, the announced distributions total $0.64 per share, although the stock typically adjusts lower by the distribution amount around the ex-dividend date. FS KKR Capital declares quarterly and special distributions
• Neutral Sentiment: FSK will release third-quarter 2026 results and hold a conference call on November 5. The report could provide important updates on net investment income, credit quality, portfolio performance and the sustainability of future distributions. FS KKR Capital earnings schedule
• Negative Sentiment: Trading activity in FSK puts was unusually high, with 2,732 contracts purchased—about 217% above typical daily volume. This may indicate increased hedging or bearish speculation, though options activity alone does not establish a lasting change in investor sentiment.

FS KKR Capital Stock Performance

FSK opened at $10.84 on Friday. The company has a market cap of $2.99 billion, a price-to-earnings ratio of -8.03 and a beta of 0.86. The firm’s fifty day simple moving average is $11.74 and its two-hundred day simple moving average is $11.05. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 1.26. FS KKR Capital has a 52-week low of $9.72 and a 52-week high of $16.31.

FS KKR Capital (NYSE:FSK) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. FS KKR Capital had a negative net margin of 28.52% and a positive return on equity of 9.70%. The firm had revenue of $290.00 million for the quarter, compared to analyst estimates of $286.75 million. During the same period last year, the company posted ($0.75) EPS. Equities analysts anticipate that FS KKR Capital will post 1.64 earnings per share for the current fiscal year.

FS KKR Capital Announces Dividend

The firm also recently declared a special dividend, which will be paid on Thursday, December 24th. Investors of record on Wednesday, December 16th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, December 16th. This represents a yield of 1,633.0%. FS KKR Capital’s payout ratio is presently -130.37%.

Analyst Ratings Changes

FSK has been the subject of a number of recent research reports. Truist Financial lifted their price objective on FS KKR Capital from $11.00 to $12.00 and gave the company a “hold” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. boosted their price target on FS KKR Capital from $9.50 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. Wall Street Zen raised shares of FS KKR Capital from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Zacks Research upgraded shares of FS KKR Capital from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FS KKR Capital in a report on Friday, August 28th. Six investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, FS KKR Capital has an average rating of “Reduce” and an average target price of $11.43.

Institutional Trading of FS KKR Capital

Large investors have recently added to or reduced their stakes in the stock. Saba Capital Management L.P. acquired a new stake in FS KKR Capital in the 1st quarter valued at approximately $35,729,000. Legal & General Group Plc purchased a new position in shares of FS KKR Capital in the second quarter valued at approximately $28,742,000. Silver Point Capital L.P. acquired a new stake in FS KKR Capital during the 2nd quarter worth approximately $28,602,000. Cura Wealth Advisors LLC acquired a new position in shares of FS KKR Capital in the second quarter worth $22,391,000. Finally, Rivernorth Capital Management LLC raised its stake in shares of FS KKR Capital by 580.7% in the first quarter. Rivernorth Capital Management LLC now owns 2,097,170 shares of the company’s stock valued at $21,349,000 after acquiring an additional 1,789,090 shares in the last quarter. 36.26% of the stock is currently owned by hedge funds and other institutional investors.

FS KKR Capital Company Profile

FS KKR Capital Corp. (NYSE: FSK) is a business development company that provides financing to privately owned middle-market companies. The company primarily invests in senior secured loans, including first-lien and second-lien debt, and may also make select equity investments. Its portfolio companies operate across a range of industries and are generally located in the United States.

FSK seeks to generate income and long-term capital appreciation by partnering with companies that require financing for acquisitions, recapitalizations, growth initiatives, refinancing and other corporate purposes.