Kforce Inc. (NASDAQ:KFRC – Get Free Report) shares traded up 5.5% on Thursday . The company traded as high as $59.37 and last traded at $58.5590. Approximately 38,811 shares traded hands during trading, a decline of 84% from the average daily volume of 248,677 shares. The stock had previously closed at $55.49.
Analyst Ratings Changes
A number of equities research analysts have commented on KFRC shares. William Blair upgraded Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Robert W. Baird lifted their price objective on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Finally, Zacks Research downgraded shares of Kforce from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Kforce presently has a consensus rating of “Hold” and an average target price of $39.67.
Read Our Latest Stock Analysis on Kforce
Kforce Trading Down 0.5%
Kforce (NASDAQ:KFRC – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $330.36 million for the quarter, compared to analyst estimates of $329.32 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the business earned $0.45 EPS. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. On average, equities analysts predict that Kforce Inc. will post 2.7 earnings per share for the current year.
Kforce Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.60 annualized dividend and a yield of 2.7%. Kforce’s dividend payout ratio (DPR) is 80.81%.
Institutional Trading of Kforce
Several large investors have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Kforce by 9.7% during the 1st quarter. AQR Capital Management LLC now owns 22,785 shares of the business services provider’s stock valued at $1,114,000 after purchasing an additional 2,017 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Kforce by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,841 shares of the business services provider’s stock worth $530,000 after purchasing an additional 474 shares during the last quarter. Millennium Management LLC increased its position in shares of Kforce by 3.5% in the 1st quarter. Millennium Management LLC now owns 133,829 shares of the business services provider’s stock worth $6,543,000 after purchasing an additional 4,511 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Kforce by 64.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 251,712 shares of the business services provider’s stock valued at $12,306,000 after purchasing an additional 99,050 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Kforce by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 39,416 shares of the business services provider’s stock valued at $1,927,000 after purchasing an additional 2,159 shares in the last quarter. Institutional investors and hedge funds own 92.77% of the company’s stock.
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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