Kforce (KFRC) Expected to Announce Earnings on Monday

Kforce (NASDAQ:KFRC) will likely be posting its quarterly earnings results after the market closes on Monday, April 28th. Analysts expect Kforce to post earnings of $0.48 per share and revenue of $334.61 million for the quarter.

Kforce Stock Performance

Shares of Kforce stock opened at $43.96 on Friday. The company has a 50 day moving average price of $47.88 and a 200 day moving average price of $53.73. The firm has a market capitalization of $840.10 million, a P/E ratio of 16.40 and a beta of 0.76. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. Kforce has a 52 week low of $42.11 and a 52 week high of $71.48.

Kforce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.55%. This is a boost from Kforce’s previous quarterly dividend of $0.38. Kforce’s dividend payout ratio (DPR) is currently 58.21%.

Analyst Upgrades and Downgrades

Separately, Truist Financial dropped their price objective on shares of Kforce from $58.00 to $50.00 and set a “hold” rating on the stock in a report on Tuesday, April 15th.

Kforce Company Profile

Kforce Inc provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to its clients primarily in the areas of information technology, such as systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security.