KeyCorp Has Pessimistic View of Expand Energy Q2 Earnings

Key Points

• KeyCorp has revised its Q2 2026 earnings estimates for Expand Energy, lowering the expected earnings per share from $1.51 to $1.33.
• Expand Energy recently announced a quarterly dividend of $0.575 per share, with a payout ratio of 589.74%.
• Institutional investors and hedge funds own approximately 97.93% of Expand Energy's stock, indicating strong institutional interest.

Expand Energy Corporation (NASDAQ:EXE - Free Report) - Equities researchers at KeyCorp decreased their Q2 2026 earnings estimates for Expand Energy in a report released on Tuesday, October 14th. KeyCorp analyst T. Rezvan now expects that the company will post earnings per share of $1.33 for the quarter, down from their previous forecast of $1.51. KeyCorp has a "Overweight" rating and a $127.00 price objective on the stock. The consensus estimate for Expand Energy's current full-year earnings is $1.33 per share. KeyCorp also issued estimates for Expand Energy's Q3 2026 earnings at $1.38 EPS, Q4 2026 earnings at $2.90 EPS, Q3 2027 earnings at $2.21 EPS and FY2027 earnings at $10.44 EPS.

Other equities analysts have also recently issued reports about the company. Piper Sandler reduced their price objective on Expand Energy from $140.00 to $136.00 and set an "overweight" rating on the stock in a research note on Thursday, August 14th. William Blair began coverage on Expand Energy in a research note on Tuesday. They set an "outperform" rating on the stock. The Goldman Sachs Group reduced their price objective on Expand Energy from $127.00 to $125.00 in a research note on Thursday, July 17th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $150.00 target price (up from $146.00) on shares of Expand Energy in a research report on Thursday, September 11th. Finally, Roth Capital lowered Expand Energy from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $125.00 to $98.00 in a research report on Monday, August 18th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $127.62.

Expand Energy Stock Performance

Expand Energy stock opened at $103.17 on Thursday. The stock has a market cap of $24.57 billion, a P/E ratio of 264.55 and a beta of 0.47. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average of $99.45 and a 200-day moving average of $105.98. Expand Energy has a 52 week low of $82.69 and a 52 week high of $123.35.

Expand Energy (NASDAQ:EXE - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $1.10 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.04). The business had revenue of $3.69 billion for the quarter, compared to analysts' expectations of $2.09 billion. Expand Energy had a net margin of 2.41% and a return on equity of 5.76%.

Expand Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 14th were issued a dividend of $0.575 per share. This represents a $2.30 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 14th. Expand Energy's payout ratio is presently 589.74%.

Insider Transactions at Expand Energy

In other news, CEO Domenic J. Dell'osso, Jr. bought 2,500 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $95.86 per share, with a total value of $239,650.00. Following the completion of the acquisition, the chief executive officer directly owned 166,715 shares in the company, valued at approximately $15,981,299.90. The trade was a 1.52% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joshua J. Viets purchased 2,000 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was bought at an average price of $92.16 per share, with a total value of $184,320.00. Following the transaction, the chief operating officer directly owned 61,676 shares in the company, valued at $5,684,060.16. This trade represents a 3.35% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.19% of the stock is owned by insiders.

Hedge Funds Weigh In On Expand Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC boosted its position in shares of Expand Energy by 1,066.0% in the 3rd quarter. CWM LLC now owns 36,227 shares of the company's stock valued at $3,849,000 after purchasing an additional 33,120 shares during the period. Pacer Advisors Inc. boosted its position in shares of Expand Energy by 4,719.7% in the 3rd quarter. Pacer Advisors Inc. now owns 821,571 shares of the company's stock valued at $87,284,000 after purchasing an additional 804,525 shares during the period. Inspire Investing LLC boosted its position in shares of Expand Energy by 22.0% in the 3rd quarter. Inspire Investing LLC now owns 2,878 shares of the company's stock valued at $306,000 after purchasing an additional 519 shares during the period. Vontobel Holding Ltd. boosted its position in shares of Expand Energy by 145.3% in the 3rd quarter. Vontobel Holding Ltd. now owns 14,579 shares of the company's stock valued at $1,549,000 after purchasing an additional 8,635 shares during the period. Finally, DAVENPORT & Co LLC boosted its position in Expand Energy by 9.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 12,065 shares of the company's stock worth $1,282,000 after acquiring an additional 1,054 shares during the period. Institutional investors and hedge funds own 97.93% of the company's stock.

Expand Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.

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