The asset manager screens attractively valued at roughly 7 times forward earnings, but four consecutive earnings misses, a 24% revenue decline, and a hard death-cross technical block combine to make the low valuation a reflection of deteriorating fundamentals rather than a contrarian opportunity.
Thesis pillars
- Low Valuation Potentially Attractive→Stable
- Four Quarter Earnings Miss Streak↑Improving
- Revenue Declining Sharply→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 25, 2026· older than 90 days
FS KKR Capital Corp. (FSK) Stock Analysis
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $11.13, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: the Adviser; Analyst target reached - limited upside remaining.
FS KKR Capital Corp. is an externally managed business development company (BDC) with approximately $13.7 billion in total assets at December 31, 2025, focused on senior secured debt investments in private U.S. middle-market companies. Investment decisions are made by FS/KKR... Read more
Hold if already holding. Not a fresh buy at $11.13, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: the Adviser; Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.6/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: aggressive.
Recent developments
updated Oct 29, 2026Recent Developments — FS KKR Capital Corp.
Latest news
- NEWS Should Value Investors Buy FS KKR Capital Corp. (FSK) Stock? - Yahoo Finance — Yahoo Finance Oct 29, 2026 neutral
- NEWS FSK Q3'26 Earnings: revenue estimate is 274.61M USD - TradingView — TradingView Oct 29, 2026 neutral
- NEWS FS KKR Capital (FSK) Expected to Post Earnings on Thursday - MarketBeat — MarketBeat Oct 29, 2026 neutral
- NEWS Earnings Flash (FSK) FS KKR Capital Corp. Reports Q2 Revenue $290.0M, vs. FactSet Est of $286.8M - marketscreener.com — marketscreener.com Aug 6, 2026 positive
- NEWS FSK|FS KKR Capital Corp|Price:11.080|Chg%:+0.510 - TradingKey — TradingKey Aug 4, 2026 neutral
Latest item Oct 29, 2026 · Generated 2026-11-04T11:49:37Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHcounterpartythe Adviser10-K Item 1A: 'Because we have no employees, we depend on the investment expertise, skill and network of business contacts of the Adviser.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $11.13, but acceptable to hold if already in. Reasons: Concentration risk — Counterparty: the Adviser; Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Analyst target $10.48 reached (−5.8%), stop $10.55 (−5.5%), A.R:R -0.6:1. Score 5.6/10, moderate confidence.
Analyst target $10.48 reached (−5.8% from $11.13); no take-profit level is published. Analyst target $10.48 reached (−5.8%), stop $10.55 (−5.5%), A.R:R -0.6:1. Stop-loss: $10.55.
Concentration risk — Counterparty: the Adviser; Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3).
FS KKR Capital Corp. trades at a P/E of N/A (forward 7.4). TrendMatrix value score: 8.2/10. Verdict: Hold.
18 analysts rate FSK, with a consensus score of 2.7/5. 10 analysts publish price targets averaging $12.
What does FS KKR Capital Corp. do?FS KKR Capital Corp. is an externally managed business development company (BDC) with approximately $13.7 billion in...
FS KKR Capital Corp. is an externally managed business development company (BDC) with approximately $13.7 billion in total assets at December 31, 2025, focused on senior secured debt investments in private U.S. middle-market companies. Investment decisions are made by FS/KKR Advisor, LLC, a joint venture between KKR Credit and Future Standard. The BDC has no employees of its own and relies entirely on the Adviser for all investment and operational management.