Kforce (NASDAQ:KFRC) Hits New 12-Month High – What’s Next?

Kforce Inc. (NASDAQ:KFRC)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $51.40 and last traded at $50.57, with a volume of 146530 shares traded. The stock had previously closed at $50.93.

Analysts Set New Price Targets

Several analysts have weighed in on KFRC shares. William Blair raised Kforce from a “market perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Robert W. Baird boosted their target price on Kforce from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, Zacks Research cut shares of Kforce from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Kforce has an average rating of “Hold” and a consensus price target of $39.67.

Kforce Stock Down 0.7%

The firm has a market cap of $901.76 million, a P/E ratio of 18.87 and a beta of 0.87. The company’s 50 day simple moving average is $44.93 and its 200-day simple moving average is $35.60. 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) last announced its earnings results on Monday, April 27th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. The business had revenue of $330.36 million for the quarter, compared to analysts’ expectations of $329.32 million. Kforce had a return on equity of 30.34% and a net margin of 3.59%.During the same period last year, the firm posted $0.45 earnings per share. The business’s revenue for the quarter was up .1% on a year-over-year basis. Kforce has set its Q2 2026 guidance at 0.670-0.750 EPS. Research analysts forecast that Kforce Inc. will post 2.7 earnings per share for the current fiscal 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 issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, June 12th. Kforce’s dividend payout ratio is 80.81%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KFRC. Jacobs Levy Equity Management Inc. grew its stake in shares of Kforce by 144.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 411,706 shares of the business services provider’s stock valued at $12,343,000 after buying an additional 243,303 shares during the last quarter. Copeland Capital Management LLC boosted its position in Kforce by 51.5% during the first quarter. Copeland Capital Management LLC now owns 666,331 shares of the business services provider’s stock valued at $19,484,000 after purchasing an additional 226,520 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Kforce by 258.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 285,019 shares of the business services provider’s stock valued at $8,545,000 after buying an additional 205,457 shares in the last quarter. AQR Capital Management LLC boosted its stake in Kforce by 81.3% in the fourth quarter. AQR Capital Management LLC now owns 442,523 shares of the business services provider’s stock valued at $13,683,000 after acquiring an additional 198,447 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Kforce by 90.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 310,403 shares of the business services provider’s stock worth $9,598,000 after buying an additional 147,503 shares during the last quarter. Hedge funds and other institutional investors own 92.77% of the company’s stock.

About Kforce

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.