What is KeyCorp’s Forecast for Generac FY2026 Earnings?

Generac Holdings Inc. (NYSE:GNRC – Free Report) – Research analysts at KeyCorp issued their FY2026 earnings estimates for shares of Generac in a note issued to investors on Thursday, October 8th. KeyCorp analyst J. Hammond anticipates that the technology company will earn $9.85 per share for the year. KeyCorp currently has an “Overweight” rating and a $280.00 target price on the stock. The consensus estimate for Generac’s current full-year earnings is $9.74 per share.

A number of other analysts also recently commented on GNRC. TD Cowen raised Generac to a “strong-buy” rating in a research note on Monday, October 5th. Wells Fargo & Company set a $280.00 price objective on Generac in a report on Thursday, September 17th. Stephens reissued an “overweight” rating and issued a $335.00 price target on shares of Generac in a report on Thursday, September 17th. Canaccord Genuity Group raised their price objective on shares of Generac from $275.00 to $375.00 and gave the company a “buy” rating in a research report on Thursday, September 17th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Generac from $261.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, September 18th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Generac currently has an average rating of “Moderate Buy” and a consensus target price of $290.55.

View Our Latest Stock Analysis on Generac

Generac Stock Performance

Shares of NYSE GNRC opened at $217.93 on Monday. The stock has a fifty day moving average price of $203.64 and a two-hundred day moving average price of $226.97. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 2.04. The firm has a market cap of $12.86 billion, a P/E ratio of 50.21, a PEG ratio of 1.92 and a beta of 1.91. Generac has a 1 year low of $134.80 and a 1 year high of $296.44.

Generac (NYSE:GNRC – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.90. Generac had a net margin of 5.82% and a return on equity of 17.83%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the business earned $1.65 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis.

Insiders Place Their Bets

In other news, insider Kyle Raabe sold 603 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $212.57, for a total value of $128,179.71. Following the transaction, the insider owned 9,966 shares in the company, valued at $2,118,472.62. This represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 150 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $220.00, for a total transaction of $33,000.00. Following the completion of the sale, the insider directly owned 10,976 shares of the company’s stock, valued at $2,414,720. This trade represents a 1.35% 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 sold 18,442 shares of company stock worth $3,656,537. 2.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Callan Family Office LLC acquired a new stake in Generac in the 2nd quarter valued at $3,033,000. Hsbc Holdings PLC grew its position in Generac by 42.8% in the fourth quarter. Hsbc Holdings PLC now owns 93,080 shares of the technology company’s stock valued at $12,711,000 after acquiring an additional 27,893 shares during the period. Virtu Financial LLC raised its stake in Generac by 89.2% during the fourth quarter. Virtu Financial LLC now owns 30,377 shares of the technology company’s stock worth $4,143,000 after acquiring an additional 14,321 shares in the last quarter. Patton Fund Management Inc. acquired a new position in Generac during the first quarter worth $3,797,000. Finally, Tidal Investments LLC raised its stake in Generac by 94.3% during the second quarter. Tidal Investments LLC now owns 55,302 shares of the technology company’s stock worth $16,193,000 after acquiring an additional 26,836 shares in the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.

Generac Company Profile

(Get Free Report)

Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.

The company’s product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.

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