KeyCorp Stock Price, Forecast & Analysis (NYSE:KEY)

KeyCorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEY."

KeyCorp announced a quarterly dividend on Wednesday, July 17th. Shareholders of record on Tuesday, August 27th will be given a dividend of $0.185 per share on Friday, September 13th. This represents a $0.74 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Monday, August 26th. This is a positive change from KeyCorp's previous quarterly dividend of $0.17. View KeyCorp's Dividend History.

KeyCorp declared that its board has initiated a stock buyback program on Thursday, June 28th 2018, which permits the company to buyback $1,225,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

KeyCorp (NYSE:KEY) released its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. The financial services provider earned $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. KeyCorp had a net margin of 21.93% and a return on equity of 12.71%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 earnings per share. View KeyCorp's Earnings History.

KeyCorp is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for KeyCorp.

KeyCorp will be holding an earnings conference call on Thursday, January 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

24 brokers have issued 12 month price targets for KeyCorp's stock. Their forecasts range from $17.00 to $40.00. On average, they expect KeyCorp's share price to reach $25.17 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View Analyst Price Targets for KeyCorp.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 1 sell rating, 13 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KeyCorp.

News coverage about KEY stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. KeyCorp earned a news impact score of -5.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for KeyCorp.

KeyCorp saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,750,000 shares, an increase of 6.2% from the September 15th total of 12,950,000 shares. Based on an average daily volume of 9,200,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.4% of the shares of the stock are short sold. View KeyCorp's Current Options Chain.

Some companies that are related to KeyCorp include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other KeyCorp investors own include Bank of America (BAC), Cisco Systems (CSCO), Intel (INTC), Ford Motor (F), General Electric (GE), NVIDIA (NVDA), AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Starbucks (SBUX).

KeyCorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (0.67%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Hamlin Capital Management LLC (0.34%), Envestnet Asset Management Inc. (0.25%), California Public Employees Retirement System (0.25%) and First Trust Advisors LP (0.23%). Company insiders that own KeyCorp stock include Amy G Brady, Andrew J Paine III, Angela G Mago, Beth E Mooney, Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, Donald R Kimble, Douglas M Schosser, Edward J Burke, Elizabeth R Gile, H James Dallas, Mark W Midkiff, Paul N Harris, Robert A Deangelis and Trina M Evans. View Institutional Ownership Trends for KeyCorp.

KEY stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Icon Advisers Inc. Co., Patten & Patten Inc. TN, Goelzer Investment Management Inc., WBI Investments Inc., Miracle Mile Advisors LLC, Comerica Bank and State of Tennessee Treasury Department. Company insiders that have sold KeyCorp company stock in the last year include Amy G Brady, Andrew J Paine III, Angela G Mago, Beth E Mooney, Carlton L Highsmith, Paul N Harris, Robert A Deangelis and Trina M Evans. View Insider Buying and Selling for KeyCorp.

KEY stock was bought by a variety of institutional investors in the last quarter, including Janney Capital Management LLC, Hamlin Capital Management LLC, First National Bank of Omaha, California Public Employees Retirement System, SG Americas Securities LLC, Hancock Whitney Corp, Zurcher Kantonalbank Zurich Cantonalbank and BancorpSouth Bank. Company insiders that have bought KeyCorp stock in the last two years include Beth E Mooney, Donald R Kimble, Elizabeth R Gile, H James Dallas and Mark W Midkiff. View Insider Buying and Selling for KeyCorp.

Shares of KEY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of KEY stock can currently be purchased for approximately $18.97.

KeyCorp has a market capitalization of $18.68 billion and generates $7.39 billion in revenue each year. The financial services provider earns $1.87 billion in net income (profit) each year or $1.73 on an earnings per share basis. KeyCorp employs 18,180 workers across the globe.View Additional Information About KeyCorp.

The official website for KeyCorp is http://www.key.com/.

KeyCorp's mailing address is 127 PUBLIC SQ, CLEVELAND OH, 44114. The financial services provider can be reached via phone at 216-689-3000 or via email at [email protected]