The Rabid Capitalist

Professor Glenn A. Okun

FSK KKR (FSK):   The company put in a great third quarter. Their earnings per share of $0.95 beat estimates by $0.15. FSK grew net interest income 9% on a year-over-year basis.  The firm posted net investment income of $0.84 per share, compared to $0.82 per share for the quarter ended June 30, 2023.  FSK grew net asset value to $24.89 per share, compared to $24.69 per share as of June 30, 2023.  It will distribute .75 per share in the fourth quarter and expects to distribute special dividends in the first half of 2024.

Capital Southwest (CSWC):  JMP Securities revised its price target on Capital Southwest to $23 from $22 and maintained its Outperform rating.