BDC sector faces significant risks: high valuations, spread tightening, and thin dividend coverage leave little margin of safety. Lower base rates will likely be soon here, creating further headwinds for BDCs and pressuring net investment income and dividends. I recommend avoiding speculative BDCs, focusing on high-quality names with robust portfolios and strong dividend coverage at a discount.
FS KKR Capital Corp (NYSE:FSK ) Q2 2025 Earnings Call August 7, 2025 9:00 AM ET Company Participants Anna Kleinhenn - Corporate Participant Daniel Ryan Pietrzak - Co-President, Chief Investment Officer & Director Michael Craig Forman - Chairman & CEO Steven C. Lilly - Chief Financial Officer Conference Call Participants Arren Saul Cyganovich - Truist Securities, Inc., Research Division Casey Jay Alexander - Compass Point Research & Trading, LLC, Research Division Finian Patrick O'Shea - Wells Fargo Securities, LLC, Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Paul Conrad Johnson - Keefe, Bruyette, & Woods, Inc., Research Division Robert James Dodd - Raymond James & Associates, Inc., Research Division Sean-Paul Aaron Adams - B.
While the top- and bottom-line numbers for FS KKR Capital (FSK) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
FS KKR Capital (FSK) came out with a quarterly loss of $0.6 per share versus the Zacks Consensus Estimate of $0.63. This compares to earnings of $0.75 per share a year ago.
FS KKR Capital Corp (NYSE:FSK ) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Anna Kleinhenn - Head of Investor Relations Michael Forman - Chief Executive Officer & Chairman Dan Pietrzak - Co-President & Chief Investment Officer Steven Lilly - Chief Financial Officer Conference Call Participants John Hecht - Jefferies Casey Alexander - Compass Point Research and Trading Ken Lee - RBC Capital Markets Finian O'Shea - Wells Fargo Securities Robert Dodd - Raymond James Maxwell Fritscher - Truist Operator Good morning, ladies and gentlemen. Welcome to the FS KKR Capital Corp's First Quarter 2025 Earnings Conference Call.
While the top- and bottom-line numbers for FS KKR Capital (FSK) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
FS KKR Capital (FSK) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.73 per share a year ago.
Dividends provide stability and psychological benefits during market declines, helping investors avoid panic selling and irrational decisions. Janus Henderson AAA CLO ETF offers a 6.1% dividend yield with investment-grade debt, providing stable income and sector diversification. Putnam BDC Income ETF offers a 9.1% dividend yield with high-quality BDCs, combining capital appreciation and income, but with higher price volatility.
FS KKR Capital Corp (NYSE:FSK ) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Anna Kleinhenn - Head of Investor Relations Michael Forman - Chief Executive Officer Daniel Pietrzak - Co-President and Chief Investment Officer Brian Gerson - Co-President Steven Lilly - Chief Financial Officer Conference Call Participants Kenneth Lee - RBC Capital Markets Casey Alexander - Compass Point, LLC Robert Dodd - Raymond James Finian O'Shea - Wells Fargo Securities Maxwell Fritscher - Truist Securities Melissa Wedel - JP Morgan Operator Good morning, ladies and gentlemen. Welcome to the FS KKR Capital Corp's Fourth Quarter and Full Year 2024 Earnings Conference Call.
Here is how FS KKR Capital (FSK) and Alexander's (ALX) have performed compared to their sector so far this year.
The headline numbers for FS KKR Capital (FSK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
FS KKR Capital (FSK) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.75 per share a year ago.