KeyCorp (NYSE:KEY – Free Report) – Research analysts at Zacks Research decreased their FY2025 earnings estimates for shares of KeyCorp in a research report issued on Tuesday, February 11th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $1.51 per share for the year, down from their previous forecast of $1.55. The consensus estimate for KeyCorp’s current full-year earnings is $1.51 per share. Zacks Research also issued estimates for KeyCorp’s Q2 2026 earnings at $0.40 EPS.
A number of other research analysts have also issued reports on the stock. Citigroup lowered shares of KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Thursday, November 7th. Royal Bank of Canada restated an “outperform” rating and set a $18.00 target price on shares of KeyCorp in a research report on Wednesday, January 22nd. Barclays increased their target price on shares of KeyCorp from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, January 6th. DA Davidson decreased their target price on shares of KeyCorp from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, January 22nd. Finally, Wells Fargo & Company increased their price target on shares of KeyCorp from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $19.69.
KeyCorp Stock Performance
Shares of NYSE:KEY opened at $17.73 on Friday. The company’s 50 day moving average price is $17.61 and its two-hundred day moving average price is $17.30. KeyCorp has a 12-month low of $13.10 and a 12-month high of $20.04. The firm has a market cap of $17.57 billion, a PE ratio of -59.08, a PEG ratio of 0.66 and a beta of 1.26. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.77.
Hedge Funds Weigh In On KeyCorp
Several large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of KeyCorp by 7.1% during the fourth quarter. Vanguard Group Inc. now owns 116,932,760 shares of the financial services provider’s stock valued at $2,004,228,000 after acquiring an additional 7,754,576 shares during the last quarter. FMR LLC raised its stake in shares of KeyCorp by 7.1% during the fourth quarter. FMR LLC now owns 44,431,526 shares of the financial services provider’s stock valued at $761,556,000 after acquiring an additional 2,938,405 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of KeyCorp by 4.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,302,732 shares of the financial services provider’s stock valued at $622,229,000 after acquiring an additional 1,645,296 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of KeyCorp by 4.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 33,058,682 shares of the financial services provider’s stock valued at $566,626,000 after acquiring an additional 1,452,179 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its stake in KeyCorp by 4.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 27,183,748 shares of the financial services provider’s stock worth $465,929,000 after buying an additional 1,062,615 shares during the last quarter. Institutional investors own 79.69% of the company’s stock.
Insider Buying and Selling at KeyCorp
In other KeyCorp news, Director Of Nova Scotia Bank purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average price of $17.85 per share, with a total value of $892,500.00. Following the completion of the purchase, the director now owns 162,983,726 shares of the company’s stock, valued at approximately $2,909,259,509.10. The trade was a 0.03 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.61% of the company’s stock.
KeyCorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Tuesday, March 4th will be given a $0.205 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a yield of 4.63%. KeyCorp’s dividend payout ratio is currently -273.32%.
KeyCorp Company Profile
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
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