What is KeyCorp's Forecast for BKV Q3 Earnings?

BKV Corporation (NYSE:BKV - Free Report) - Investment analysts at KeyCorp issued their Q3 2024 EPS estimates for BKV in a research report issued on Monday, October 21st. KeyCorp analyst T. Rezvan forecasts that the company will post earnings of ($0.35) per share for the quarter. KeyCorp has a "Overweight" rating and a $23.00 price objective on the stock. KeyCorp also issued estimates for BKV's Q4 2024 earnings at $0.00 EPS, FY2024 earnings at ($1.71) EPS, Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $1.34 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $1.25 EPS and FY2026 earnings at $2.34 EPS.

A number of other research analysts have also issued reports on BKV. Susquehanna initiated coverage on shares of BKV in a research note on Tuesday. They set a "positive" rating and a $24.00 price target on the stock. Citigroup began coverage on BKV in a report on Monday. They issued a "buy" rating and a $29.00 price target for the company. Mizuho initiated coverage on BKV in a research report on Monday. They issued an "outperform" rating and a $29.00 price objective for the company. Barclays started coverage on BKV in a report on Monday. They issued an "overweight" rating and a $24.00 target price for the company. Finally, Evercore ISI started coverage on shares of BKV in a report on Monday. They set an "outperform" rating and a $24.00 price objective on the stock. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $25.86.

BKV Trading Down 0.7 %

NYSE:BKV traded down $0.12 during midday trading on Wednesday, reaching $18.24. The stock had a trading volume of 34,856 shares, compared to its average volume of 442,566. BKV has a 12-month low of $17.90 and a 12-month high of $18.88.

Insider Buying and Selling

In related news, CFO John T. Jimenez bought 16,500 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $297,000.00. Following the completion of the acquisition, the chief financial officer now owns 273,274 shares in the company, valued at $4,918,932. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other BKV news, CEO Christopher P. Kalnin purchased 2,500 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, with a total value of $45,000.00. Following the transaction, the chief executive officer now owns 1,483,054 shares in the company, valued at approximately $26,694,972. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO John T. Jimenez acquired 16,500 shares of the stock in a transaction on Friday, September 27th. The stock was purchased at an average cost of $18.00 per share, with a total value of $297,000.00. Following the transaction, the chief financial officer now directly owns 273,274 shares of the company's stock, valued at $4,918,932. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 21,850 shares of company stock worth $393,300.

BKV Company Profile

BKV Corporation engages in the acquisition, operation, and development of natural gas and NGL properties. It is also involved in the gathering, processing, and transportation of natural gas. The company was founded in 2015 and is based in Denver, Colorado with additional offices in Tunkhannock, Pennsylvania and Fort Worth, Texas.