KeyCorp (NYSE:KEY – Free Report) – Stock analysts at Zacks Research boosted their Q2 2025 earnings estimates for KeyCorp in a research report issued on Monday, January 20th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $0.37 per share for the quarter, up from their prior forecast of $0.36. The consensus estimate for KeyCorp’s current full-year earnings is $1.10 per share. Zacks Research also issued estimates for KeyCorp’s FY2025 earnings at $1.55 EPS, Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.49 EPS and FY2026 earnings at $1.72 EPS.
Several other equities analysts also recently issued reports on the stock. Evercore ISI boosted their price target on shares of KeyCorp from $18.50 to $20.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. Truist Financial began coverage on shares of KeyCorp in a research note on Tuesday, January 7th. They set a “hold” rating and a $19.00 target price for the company. Wedbush raised their price target on shares of KeyCorp from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Tuesday, September 24th. The Goldman Sachs Group lifted their price target on KeyCorp from $20.00 to $23.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Royal Bank of Canada increased their price objective on KeyCorp from $17.00 to $18.00 and gave the stock an “outperform” rating in a report on Friday, October 18th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.44.
KeyCorp Trading Down 3.4 %
Shares of NYSE KEY opened at $17.68 on Wednesday. The company has a market cap of $17.52 billion, a price-to-earnings ratio of 1,767.50, a price-to-earnings-growth ratio of 0.69 and a beta of 1.27. The stock’s 50 day simple moving average is $18.16 and its 200 day simple moving average is $17.04. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.09. KeyCorp has a 12-month low of $13.10 and a 12-month high of $20.04.
KeyCorp Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Tuesday, March 4th will be paid a $0.205 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 annualized dividend and a dividend yield of 4.64%. KeyCorp’s dividend payout ratio is currently 8,200.00%.
Insider Buying and Selling
In other KeyCorp news, insider Angela G. Mago sold 15,011 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $19.59, for a total value of $294,065.49. Following the transaction, the insider now owns 234,582 shares of the company’s stock, valued at approximately $4,595,461.38. This represents a 6.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carlton L. Highsmith sold 9,000 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $17.14, for a total value of $154,260.00. Following the sale, the director now owns 37,864 shares of the company’s stock, valued at $648,988.96. This trade represents a 19.20 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.
Hedge Funds Weigh In On KeyCorp
A number of institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. raised its stake in KeyCorp by 4.6% during the 2nd quarter. Pacer Advisors Inc. now owns 67,218 shares of the financial services provider’s stock valued at $955,000 after purchasing an additional 2,985 shares during the period. Summit Trail Advisors LLC grew its holdings in shares of KeyCorp by 98.5% during the second quarter. Summit Trail Advisors LLC now owns 21,754 shares of the financial services provider’s stock valued at $309,000 after buying an additional 10,797 shares in the last quarter. Ensign Peak Advisors Inc raised its position in KeyCorp by 4.8% during the second quarter. Ensign Peak Advisors Inc now owns 366,336 shares of the financial services provider’s stock valued at $5,206,000 after buying an additional 16,650 shares during the period. ProShare Advisors LLC lifted its stake in KeyCorp by 5.5% in the 2nd quarter. ProShare Advisors LLC now owns 191,470 shares of the financial services provider’s stock worth $2,721,000 after acquiring an additional 10,052 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in KeyCorp by 8.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 159,883 shares of the financial services provider’s stock worth $2,272,000 after acquiring an additional 12,575 shares during the period. Hedge funds and other 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.
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