What is Zacks Research’s Forecast for KeyCorp Q3 Earnings?

KeyCorp (NYSE:KEY) – Stock analysts at Zacks Research cut their Q3 2025 earnings estimates for KeyCorp in a research note issued to investors on Monday, January 20th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $0.39 per share for the quarter, down from their prior estimate of $0.40. The consensus estimate for KeyCorp’s current full-year earnings is $1.56 per share.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $18.00 price objective on shares of KeyCorp in a report on Wednesday. Robert W. Baird cut shares of KeyCorp from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $18.00 to $17.00 in a research note on Monday, October 14th. Piper Sandler lifted their target price on shares of KeyCorp from $19.00 to $22.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Evercore ISI increased their price target on shares of KeyCorp from $18.50 to $20.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. Finally, Truist Financial started coverage on KeyCorp in a research report on Tuesday, January 7th. They set a “hold” rating and a $19.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.58.

KeyCorp Price Performance

Shares of NYSE:KEY opened at $17.47 on Thursday. The firm has a market capitalization of $17.32 billion, a price-to-earnings ratio of -58.24, a price-to-earnings-growth ratio of 0.67 and a beta of 1.27. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.88 and a quick ratio of 0.88. The business’s 50 day simple moving average is $18.10 and its 200-day simple moving average is $17.06. KeyCorp has a 12 month low of $13.10 and a 12 month high of $20.04.

KeyCorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be given a $0.205 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 annualized dividend and a dividend yield of 4.69%. KeyCorp’s dividend payout ratio is presently -273.32%.

Insider Buying and Selling

In related news, Director Carlton L. Highsmith sold 9,000 shares of KeyCorp stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $17.14, for a total value of $154,260.00. Following the transaction, the director now owns 37,864 shares in the company, valued at approximately $648,988.96. This trade represents a 19.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela G. Mago sold 15,011 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $19.59, for a total value of $294,065.49. Following the sale, the insider now owns 234,582 shares of the company’s stock, valued at $4,595,461.38. This represents a 6.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of KeyCorp

Institutional investors have recently modified their holdings of the company. Wolff Wiese Magana LLC raised its holdings in KeyCorp by 285.5% in the third quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider’s stock valued at $26,000 after buying an additional 1,142 shares during the period. American Capital Advisory LLC purchased a new position in shares of KeyCorp in the 3rd quarter valued at $28,000. Larson Financial Group LLC lifted its holdings in shares of KeyCorp by 90.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,929 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 918 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in KeyCorp during the 3rd quarter worth $35,000. Finally, Capital Performance Advisors LLP acquired a new stake in KeyCorp in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 79.69% of the company’s stock.

About KeyCorp

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.