What is DA Davidson's Forecast for KeyCorp Q3 Earnings?

KeyCorp (NYSE:KEY - Free Report) - DA Davidson issued their Q3 2025 earnings per share estimates for KeyCorp in a research note issued on Wednesday, July 23rd. DA Davidson analyst P. Winter expects that the financial services provider will earn $0.37 per share for the quarter. DA Davidson has a "Buy" rating and a $21.00 price target on the stock. The consensus estimate for KeyCorp's current full-year earnings is $1.50 per share. DA Davidson also issued estimates for KeyCorp's FY2025 earnings at $1.45 EPS and FY2026 earnings at $1.79 EPS.

KeyCorp (NYSE:KEY - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. KeyCorp had a return on equity of 9.65% and a net margin of 1.49%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the business posted $0.25 earnings per share. The company's quarterly revenue was up 20.6% on a year-over-year basis.

Several other research analysts have also commented on KEY. Evercore ISI set a $17.00 price target on KeyCorp in a research report on Monday, April 28th. UBS Group upgraded KeyCorp from a "neutral" rating to a "buy" rating and raised their price target for the stock from $16.00 to $22.00 in a research report on Tuesday, July 8th. Robert W. Baird lowered KeyCorp from an "outperform" rating to a "neutral" rating and set a $18.00 price target for the company. in a research report on Wednesday, July 2nd. Cowen began coverage on KeyCorp in a report on Wednesday, May 14th. They issued a "hold" rating for the company. Finally, Truist Financial decreased their target price on KeyCorp from $18.00 to $16.00 and set a "hold" rating for the company in a report on Tuesday, April 22nd. Twelve analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, KeyCorp has an average rating of "Hold" and a consensus target price of $19.24.

KeyCorp Trading Up 0.4%

Shares of KEY traded up $0.07 during midday trading on Thursday, hitting $18.57. 39,231,158 shares of the stock were exchanged, compared to its average volume of 23,438,416. KeyCorp has a 52-week low of $12.73 and a 52-week high of $20.04. The stock has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $16.45. The firm has a market cap of $20.35 billion, a P/E ratio of -265.21, a P/E/G ratio of 0.66 and a beta of 1.11. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.83 and a current ratio of 0.84.

KeyCorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date of this dividend is Tuesday, September 2nd. KeyCorp's dividend payout ratio is presently -1,171.43%.

Insider Buying and Selling at KeyCorp

In other news, insider Amy G. Brady sold 19,000 shares of KeyCorp stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $16.09, for a total transaction of $305,710.00. Following the sale, the insider owned 82,523 shares in the company, valued at approximately $1,327,795.07. The trade was a 18.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Christopher M. Gorman sold 112,149 shares of KeyCorp stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $18.86, for a total value of $2,115,130.14. Following the sale, the chief executive officer owned 619,895 shares in the company, valued at $11,691,219.70. This trade represents a 15.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 136,149 shares of company stock worth $2,503,840 over the last ninety days. Corporate insiders own 0.52% of the company's stock.

Institutional Trading of KeyCorp

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its position in shares of KeyCorp by 4.8% during the first quarter. Sequoia Financial Advisors LLC now owns 68,857 shares of the financial services provider's stock worth $1,101,000 after purchasing an additional 3,145 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of KeyCorp during the first quarter worth about $2,171,000. Cambridge Investment Research Advisors Inc. increased its position in shares of KeyCorp by 31.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 111,757 shares of the financial services provider's stock worth $1,787,000 after purchasing an additional 26,615 shares in the last quarter. Asset Management One Co. Ltd. increased its position in shares of KeyCorp by 4.2% during the first quarter. Asset Management One Co. Ltd. now owns 379,514 shares of the financial services provider's stock worth $6,068,000 after purchasing an additional 15,367 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of KeyCorp by 41.9% during the first quarter. Blue Trust Inc. now owns 20,786 shares of the financial services provider's stock worth $332,000 after purchasing an additional 6,135 shares in the last quarter. Institutional investors and hedge funds 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.