KeyCorp Issues Pessimistic Forecast for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Research analysts at KeyCorp cut their Q4 2026 earnings per share estimates for shares of Booking in a research report issued to clients and investors on Wednesday, November 4th. KeyCorp analyst S. Segura now expects that the business services provider will post earnings of $2.10 per share for the quarter, down from their previous forecast of $2.35. The consensus estimate for Booking’s current full-year earnings is $10.26 per share. KeyCorp also issued estimates for Booking’s FY2027 earnings at $11.56 EPS and FY2028 earnings at $13.37 EPS.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $4.66 earnings per share for the quarter, beating analysts’ consensus estimates of $4.49 by $0.17. Booking had a negative return on equity of 89.54% and a net margin of 25.52%. The firm had revenue of $9.79 billion for the quarter, compared to analysts’ expectations of $9.55 billion. During the same period in the prior year, the business posted $99.50 earnings per share. The business’s revenue was down 1.2% compared to the same quarter last year.

Several other brokerages also recently commented on BKNG. Morgan Stanley restated an “overweight” rating and issued a $200.00 target price (down from $230.00) on shares of Booking in a research note on Wednesday, November 4th. Rosenblatt Securities dropped their target price on shares of Booking from $245.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday, November 4th. BMO Capital Markets reissued an “outperform” rating and set a $245.00 price target on shares of Booking in a report on Wednesday, November 4th. BTIG Research restated a “buy” rating and issued a $250.00 price target on shares of Booking in a research report on Wednesday, November 4th. Finally, Evercore restated an “outperform” rating and issued a $270.00 price target on shares of Booking in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average price target of $222.35.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $160.21 on Thursday. The stock has a market cap of $119.15 billion, a PE ratio of 17.28, a PEG ratio of 1.02 and a beta of 1.17. The business has a fifty day moving average of $164.14 and a two-hundred day moving average of $175.46. Booking has a 52-week low of $146.28 and a 52-week high of $220.81.

Institutional Investors Weigh In On Booking

Several large investors have recently bought and sold shares of the company. Bogart Wealth LLC boosted its position in shares of Booking by 3,475.0% during the second quarter. Bogart Wealth LLC now owns 143 shares of the business services provider’s stock worth $25,000 after purchasing an additional 139 shares in the last quarter. Wilkerson Advisory Group LLC grew its position in shares of Booking by 3,550.0% in the 2nd quarter. Wilkerson Advisory Group LLC now owns 146 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 142 shares during the period. First Financial Corp IN increased its stake in shares of Booking by 2,400.0% during the 2nd quarter. First Financial Corp IN now owns 150 shares of the business services provider’s stock worth $27,000 after purchasing an additional 144 shares during the last quarter. Roble Belko & Company Inc increased its stake in shares of Booking by 2,400.0% during the 2nd quarter. Roble Belko & Company Inc now owns 150 shares of the business services provider’s stock worth $27,000 after purchasing an additional 144 shares during the last quarter. Finally, Kings Path Partners LLC bought a new stake in shares of Booking in the 3rd quarter valued at about $29,000. Institutional investors own 92.42% of the company’s stock.

Insider Transactions at Booking

In other Booking news, Director Robert J. Mylod, Jr. sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $200.00, for a total value of $200,000.00. Following the transaction, the director directly owned 14,000 shares of the company’s stock, valued at approximately $2,800,000. This trade represents a 6.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paulo Pisano sold 1,500 shares of Booking stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $163.06, for a total value of $244,590.00. Following the sale, the insider directly owned 70,400 shares of the company’s stock, valued at approximately $11,479,424. This trade represents a 2.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 57,425 shares of company stock worth $11,783,564. Insiders own 0.17% of the company’s stock.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 11th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, December 11th. Booking’s payout ratio is 18.12%.

About Booking

Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.