What is KeyCorp’s Estimate for Boot Barn Q3 Earnings?

Boot Barn Holdings, Inc. (NYSE:BOOT) – Investment analysts at KeyCorp issued their Q3 2026 EPS estimates for shares of Boot Barn in a research report issued to clients and investors on Wednesday, January 21st. KeyCorp analyst A. Owens anticipates that the company will post earnings per share of $2.76 for the quarter. The consensus estimate for Boot Barn’s current full-year earnings is $5.82 per share. KeyCorp also issued estimates for Boot Barn’s Q4 2026 earnings at $1.49 EPS and FY2027 earnings at $8.42 EPS.

Several other research firms have also issued reports on BOOT. Citigroup raised their price target on Boot Barn from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Boot Barn in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Boot Barn from $276.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. The Goldman Sachs Group assumed coverage on shares of Boot Barn in a research report on Thursday, December 11th. They set a “buy” rating and a $225.00 price target for the company. Finally, Zacks Research lowered shares of Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $206.08.

Boot Barn Trading Down 5.4%

BOOT opened at $188.06 on Friday. Boot Barn has a 12 month low of $86.17 and a 12 month high of $210.25. The business’s 50-day moving average price is $190.80 and its 200-day moving average price is $181.43. The company has a market cap of $5.73 billion, a P/E ratio of 27.82, a P/E/G ratio of 1.48 and a beta of 1.61.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.11. Boot Barn had a net margin of 10.05% and a return on equity of 18.11%. The business had revenue of $505.40 million during the quarter, compared to the consensus estimate of $493.70 million. During the same period in the previous year, the firm posted $0.95 earnings per share. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS and its FY 2026 guidance at 6.750-7.150 EPS.

Insider Buying and Selling at Boot Barn

In other news, Chairman Peter Starrett sold 6,498 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $190.00, for a total value of $1,234,620.00. Following the completion of the sale, the chairman directly owned 9,599 shares of the company’s stock, valued at approximately $1,823,810. This trade represents a 40.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gene Eddie Burt sold 1,200 shares of Boot Barn stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $191.41, for a total transaction of $229,692.00. Following the sale, the director directly owned 3,338 shares in the company, valued at $638,926.58. The trade was a 26.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.66% of the company’s stock.

Institutional Trading of Boot Barn

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Campbell Newman Asset Management Inc. grew its holdings in shares of Boot Barn by 0.5% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,944 shares of the company’s stock worth $2,145,000 after acquiring an additional 60 shares during the period. Park Avenue Securities LLC grew its stake in Boot Barn by 2.4% in the third quarter. Park Avenue Securities LLC now owns 2,826 shares of the company’s stock worth $468,000 after purchasing an additional 66 shares during the period. Verdence Capital Advisors LLC grew its stake in Boot Barn by 3.4% in the second quarter. Verdence Capital Advisors LLC now owns 2,270 shares of the company’s stock worth $345,000 after purchasing an additional 74 shares during the period. Koshinski Asset Management Inc. raised its holdings in Boot Barn by 5.3% in the third quarter. Koshinski Asset Management Inc. now owns 1,538 shares of the company’s stock worth $255,000 after purchasing an additional 78 shares in the last quarter. Finally, Amalgamated Bank lifted its position in Boot Barn by 0.9% during the third quarter. Amalgamated Bank now owns 8,755 shares of the company’s stock valued at $1,451,000 after buying an additional 79 shares during the period.

About Boot Barn

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.