Shares of Kforce Inc. (NASDAQ:KFRC – Get Free Report) reached a new 52-week high on Wednesday after Robert W. Baird raised their price target on the stock from $42.00 to $63.00. Robert W. Baird currently has an outperform rating on the stock. Kforce traded as high as $61.41 and last traded at $60.9490, with a volume of 47096 shares. The stock had previously closed at $58.49.
Several other research firms also recently commented on KFRC. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. UBS Group reaffirmed a “neutral” rating on shares of Kforce in a report on Thursday, July 23rd. Truist Financial boosted their price objective on shares of Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. Finally, William Blair upgraded shares of Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.67.
View Our Latest Analysis on KFRC
Key Headlines Impacting Kforce
- Positive Sentiment: Kforce reported second-quarter revenue of $349.3 million, up 4.5% year over year and slightly above the $348.1 million analyst consensus. Adjusted EPS of $0.73 exceeded expectations of $0.70 and rose from $0.59 a year earlier, indicating improved profitability. Kforce Reports Second Quarter 2026 Revenue of $349.3 Million
- Positive Sentiment: Management’s third-quarter 2026 EPS guidance of $0.71 to $0.79, along with optimistic sales commentary, supports expectations for continued sequential growth. Consulting activity and demand for AI-skilled professionals were highlighted as key growth drivers. KFRC Q2 Deep Dive
- Positive Sentiment: Robert W. Baird raised its Kforce price target from $42 to $63 and maintained an “outperform” rating, reflecting greater confidence in the company’s earnings trajectory. Kforce also declared a quarterly dividend of $0.40 per share, or approximately $1.60 annualized. Baird Raises Kforce Price Target
- Neutral Sentiment: Analyst and investor commentary is mixed on valuation. Zacks is evaluating whether KFRC remains undervalued based on earnings estimates, while a Seeking Alpha analysis argues that the improving business may already be reflected in the stock price. Is Kforce Stock Undervalued Right Now?
- Negative Sentiment: With KFRC near its 12-month high and trading at roughly 23 times earnings, valuation leaves less room for disappointment if staffing demand weakens or AI-related growth does not accelerate as expected.
Institutional Trading of Kforce
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deprince Race & Zollo Inc. increased its stake in Kforce by 30.7% in the 4th quarter. Deprince Race & Zollo Inc. now owns 499,733 shares of the business services provider’s stock worth $15,452,000 after buying an additional 117,290 shares in the last quarter. CWM LLC lifted its position in Kforce by 105.2% during the fourth quarter. CWM LLC now owns 20,996 shares of the business services provider’s stock valued at $649,000 after purchasing an additional 10,764 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of Kforce by 134.2% in the 4th quarter. Hsbc Holdings PLC now owns 38,552 shares of the business services provider’s stock worth $1,201,000 after buying an additional 22,093 shares during the last quarter. Copeland Capital Management LLC lifted its holdings in shares of Kforce by 51.5% in the 1st quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock valued at $19,484,000 after acquiring an additional 226,520 shares during the last quarter. Finally, AdvisorShares Investments LLC bought a new stake in Kforce during the fourth quarter worth approximately $475,000. 92.77% of the stock is owned by hedge funds and other institutional investors.
Kforce Price Performance
The firm has a 50 day moving average price of $49.79 and a 200-day moving average price of $38.40. The firm has a market capitalization of $1.09 billion, a P/E ratio of 22.70 and a beta of 0.87. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.16.
Kforce (NASDAQ:KFRC – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.03. Kforce had a return on equity of 30.34% and a net margin of 3.59%.The business had revenue of $349.33 million for the quarter, compared to analyst estimates of $348.11 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. On average, analysts expect that Kforce Inc. will post 2.7 earnings per share for the current year.
Kforce Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be issued a $0.40 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a yield of 2.6%. Kforce’s dividend payout ratio (DPR) is presently 75.47%.
Kforce Company Profile
Kforce Inc is a professional staffing services firm headquartered in Tampa, Florida, trading on NASDAQ under the symbol KFRC. The company specializes in connecting organizations with skilled talent in technology, finance and accounting, and related business functions. Through a nationwide network of offices, Kforce partners with clients across industries to deliver both flexible contract staffing and direct hire placement solutions.
Kforce’s core offerings include temporary staffing, permanent placement, and project-based consulting engagements.
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