DA Davidson Forecasts KeyCorp’s Q1 Earnings (NYSE:KEY)

KeyCorp (NYSE:KEY) – Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for KeyCorp in a note issued to investors on Wednesday, January 22nd. DA Davidson analyst P. Winter anticipates that the financial services provider will post earnings of $0.34 per share for the quarter. DA Davidson currently has a “Buy” rating and a $21.00 target price on the stock. The consensus estimate for KeyCorp’s current full-year earnings is $1.56 per share. DA Davidson also issued estimates for KeyCorp’s FY2025 earnings at $1.73 EPS.

A number of other research analysts have also weighed in on KEY. Citigroup lowered KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Thursday, November 7th. Keefe, Bruyette & Woods decreased their target price on shares of KeyCorp from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank of Canada reissued an “outperform” rating and issued a $18.00 price target on shares of KeyCorp in a report on Wednesday. Evercore ISI upped their price target on shares of KeyCorp from $18.50 to $20.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Finally, Barclays lifted their price objective on KeyCorp from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, January 6th. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.58.

KeyCorp Trading Down 1.8 %

NYSE:KEY opened at $17.32 on Thursday. KeyCorp has a 1 year low of $13.10 and a 1 year high of $20.04. The stock’s fifty day moving average price is $18.10 and its two-hundred day moving average price is $17.06. 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 company has a market cap of $17.16 billion, a P/E ratio of -57.71, a P/E/G ratio of 0.67 and a beta of 1.27.

KeyCorp Dividend Announcement

The business 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 dividend of $0.205 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 4.74%. KeyCorp’s dividend payout ratio (DPR) is currently -273.32%.

Insider Transactions at KeyCorp

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

Institutional Trading of KeyCorp

Large investors have recently added to or reduced their stakes in the stock. Wolff Wiese Magana LLC boosted its stake in shares of KeyCorp by 285.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,142 shares in the last quarter. American Capital Advisory LLC purchased a new stake in KeyCorp in the third quarter worth about $28,000. Larson Financial Group LLC boosted its position in 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 position in shares of KeyCorp during the 3rd quarter worth approximately $35,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of KeyCorp in the 3rd quarter valued at approximately $38,000. 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.