Zacks Research Brokers Reduce Earnings Estimates for KeyCorp

KeyCorp (NYSE:KEY) – Zacks Research reduced their Q1 2025 earnings per share estimates for KeyCorp in a note issued to investors on Wednesday, February 26th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.34. The consensus estimate for KeyCorp’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for KeyCorp’s Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.47 EPS, FY2026 earnings at $1.69 EPS and FY2027 earnings at $1.90 EPS.

Several other analysts have also recently issued reports on KEY. Royal Bank of Canada reissued an “outperform” rating and issued a $18.00 target price on shares of KeyCorp in a research note on Wednesday, January 22nd. The Goldman Sachs Group raised their target price on KeyCorp from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Barclays raised their target price on KeyCorp from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Monday, January 6th. DA Davidson lowered their price objective on shares of KeyCorp from $22.00 to $21.00 and set a “buy” rating for the company in a report on Wednesday, January 22nd. Finally, Citigroup lowered shares of KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $19.69.

KeyCorp Stock Up 2.1 %

NYSE KEY opened at $17.33 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.85 and a quick ratio of 0.84. The stock has a market capitalization of $17.18 billion, a PE ratio of -57.76, a PEG ratio of 0.65 and a beta of 1.26. KeyCorp has a 1 year low of $13.10 and a 1 year high of $20.04. The business’s 50-day moving average is $17.48 and its 200 day moving average is $17.47.

KeyCorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be issued a $0.205 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a yield of 4.73%. KeyCorp’s payout ratio is currently -273.33%.

Insider Buying and Selling

In related news, Director Of Nova Scotia Bank bought 50,000 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was acquired at an average price of $17.85 per share, with a total value of $892,500.00. Following the transaction, the director now owns 162,983,726 shares in the company, valued at approximately $2,909,259,509.10. This trade represents a 0.03 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by company insiders.

Institutional Investors Weigh In On KeyCorp

A number of large investors have recently added to or reduced their stakes in KEY. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of KeyCorp during the 4th quarter valued at $7,141,000. LifeWealth Investments LLC purchased a new stake in shares of KeyCorp during the 4th quarter valued at about $362,000. B. Riley Wealth Advisors Inc. raised its position in shares of KeyCorp by 17.0% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 30,516 shares of the financial services provider’s stock valued at $523,000 after buying an additional 4,432 shares in the last quarter. AlphaCore Capital LLC grew its holdings in KeyCorp by 38.8% during the 4th quarter. AlphaCore Capital LLC now owns 12,587 shares of the financial services provider’s stock valued at $216,000 after purchasing an additional 3,521 shares during the last quarter. Finally, Mackenzie Financial Corp grew its holdings in KeyCorp by 4.7% during the 4th quarter. Mackenzie Financial Corp now owns 280,479 shares of the financial services provider’s stock valued at $4,807,000 after purchasing an additional 12,701 shares during the last quarter. Institutional investors own 79.69% of the company’s stock.

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.