Goldman Sachs BDC: Credit Issues Remain, But The 12% Yield Is Sustainable [Seeking Alpha]
FS KKR Capital Corp. (FSK)
Last fs kkr capital corp. earnings: 2/27 04:15 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
GSBD's net investment income fell, but the dividend remains well-covered for now. A new theme has emerged in the fourth quarter for investors in business development companies: Credit quality. A number of BDCs have disappointed here lately, including Oaktree Specialty Lending Corp. ( OCSL and FS KKR Capital ( FSK whose reports caused a good amount of value destruction for shareholders. Goldman Sachs BDC ( NYSE: GSBD just reported earnings for 4Q-23 as well but hasn't seen a deterioration in its portfolio quality which was good news. Since Goldman Sachs BDC covered its dividend with net investment income and the stock is neither overvalued nor undervalued, I am staying with my Hold rating for now. My Rating History I modified my stock classification from Strong Buy To Hold in 3Q-23 due to Goldman Sachs BDC seeing a substantial deterioration in its credit quality. I maintain GSBD as a Hold after 4Q-23 earnings due to the BDC out-earning its dividend with net investment income
Show less
Read more
Impact Snapshot
Event Time:
FSK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FSK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FSK alerts
High impacting FS KKR Capital Corp. news events
Weekly update
A roundup of the hottest topics
FSK
News
- FSK Announces Earnings Release and Conference Call Schedule for First Quarter 2024PR Newswire
- FS KKR Capital Corp. (NYSE: FSK) had its price target lowered by analysts at Keefe, Bruyette & Woods from $22.00 to $20.00. They now have a "market perform" rating on the stock.MarketBeat
- FS KKR Capital Corp. (NYSE: FSK) had its price target raised by analysts at JPMorgan Chase & Co. from $18.00 to $19.00. They now have a "neutral" rating on the stock.MarketBeat
- FS KKR: Rising Non-Accruals But Still Out Earning The Distribution [Seeking Alpha]Seeking Alpha
- FS KKR: High Yield And Still Dirt Cheap For This BDC Leader [Seeking Alpha]Seeking Alpha
FSK
Earnings
- 2/26/24 - Miss
FSK
Sec Filings
- 4/26/24 - Form DEF
- 4/16/24 - Form 8-K
- 4/15/24 - Form 144
- FSK's page on the SEC website