Kforce Inc. (NASDAQ:KFRC) Announces Quarterly Dividend of $0.40

Kforce Inc. (NASDAQ:KFRC) declared a quarterly dividend on Monday, July 27th. Shareholders of record on Friday, September 11th will be given a dividend of 0.40 per share by the business services provider on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th.

Kforce has raised its dividend payment by an average of 0.1%annually over the last three years. Kforce has a payout ratio of 45.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Kforce to earn $3.30 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 48.5%.

Kforce Stock Up 5.5%

Kforce stock opened at $58.15 on Tuesday. Kforce has a twelve month low of $24.49 and a twelve month high of $60.70. The firm has a 50 day moving average price of $49.43 and a 200-day moving average price of $38.22. The company has a market capitalization of $1.04 billion, a P/E ratio of 21.70 and a beta of 0.87. 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 (NASDAQ:KFRC) last issued its quarterly earnings results on Monday, July 27th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.03. The company had revenue of $349.33 million during the quarter, compared to analyst estimates of $348.11 million. Kforce had a net margin of 3.59% and a return on equity of 30.34%. Kforce’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 EPS. Kforce has set its Q3 2026 guidance at 0.710-0.790 EPS. As a group, equities analysts predict that Kforce will post 2.7 EPS for the current year.

Analyst Upgrades and Downgrades

KFRC has been the subject of a number of recent research reports. Zacks Research downgraded Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Robert W. Baird increased their price target on Kforce from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. UBS Group reissued a “neutral” rating on shares of Kforce in a report on Thursday. Finally, Truist Financial boosted their price objective on Kforce from $38.00 to $60.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Kforce has a consensus rating of “Hold” and a consensus target price of $47.00.

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.