What is KeyCorp’s Forecast for BKV Q3 Earnings?

BKV Corporation (NYSE:BKV) – Equities researchers at KeyCorp issued their Q3 2024 earnings per share estimates for BKV in a research report issued on Monday, October 21st. KeyCorp analyst T. Rezvan anticipates that the company will earn ($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 recently issued reports on BKV. Citigroup started coverage on BKV in a report on Monday. They issued a “buy” rating and a $29.00 target price on the stock. Evercore ISI began coverage on shares of BKV in a research report on Monday. They issued an “outperform” rating and a $24.00 price objective for the company. Susquehanna began coverage on shares of BKV in a research report on Tuesday. They set a “positive” rating and a $24.00 target price on the stock. Mizuho assumed coverage on BKV in a research report on Monday. They issued an “outperform” rating and a $29.00 price objective on the stock. Finally, Jefferies Financial Group began coverage on shares of BKV in a research report on Monday. They set a “buy” rating and a $28.00 price target for the company. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $25.86.

BKV Price Performance

Shares of BKV stock opened at $18.13 on Wednesday. BKV has a 12-month low of $17.90 and a 12-month high of $18.88.

Insiders Place Their Bets

In other BKV news, CEO Christopher P. Kalnin bought 2,500 shares of the firm’s 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 $45,000.00. Following the completion of the purchase, the chief executive officer now owns 1,483,054 shares in the company, valued at approximately $26,694,972. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CFO John T. Jimenez purchased 16,500 shares of BKV stock in a transaction on Friday, September 27th. The stock was purchased at an average price 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 in the company, valued at $4,918,932. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Christopher P. Kalnin bought 2,500 shares of BKV stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average price of $18.00 per share, with a total value of $45,000.00. Following the acquisition, the chief executive officer now directly owns 1,483,054 shares of the company’s stock, valued at $26,694,972. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 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.