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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KEY shares.
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15 brokers have issued 12 month target prices for KeyCorp's shares. Their KEY share price targets range from $10.00 to $20.00. On average, they predict the company's stock price to reach $14.03 in the next year. This suggests a possible upside of 6.1% from the stock's current price.
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KeyCorp's stock was trading at $17.42 at the beginning of 2023. Since then, KEY shares have decreased by 24.1% and is now trading at $13.22.
View the best growth stocks for 2023 here.

KeyCorp saw a decrease in short interest in November. As of November 15th, there was short interest totaling 40,440,000 shares, a decrease of 16.4% from the October 31st total of 48,390,000 shares. Based on an average daily trading volume, of 14,330,000 shares, the short-interest ratio is currently 2.8 days. Approximately 4.3% of the company's stock are sold short.
View KeyCorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 18th 2024.
View our KEY earnings forecast.

KeyCorp (NYSE:KEY) issued its quarterly earnings results on Thursday, October, 19th. The financial services provider reported $0.29 EPS for the quarter, beating the consensus estimate of $0.27 by $0.02. The financial services provider had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $1.55 billion. KeyCorp had a trailing twelve-month return on equity of 11.64% and a net margin of 11.74%. During the same quarter in the prior year, the business earned $0.55 EPS.
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KeyCorp declared a quarterly dividend on Thursday, November 16th. Shareholders of record on Tuesday, November 28th will be given a dividend of $0.205 per share on Friday, December 15th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 6.20%. The ex-dividend date of this dividend is Monday, November 27th.
Read our dividend analysis for KEY.

KeyCorp (NYSE:KEY) pays an annual dividend of $0.82 per share and currently has a dividend yield of 6.62%. KEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KEY will have a dividend payout ratio of 63.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KEY.

ETFs with the largest weight of KeyCorp (NYSE:KEY) stock in their portfolio include WBI Power Factor High Dividend ETF (WBIY), Invesco High Yield Equity Dividend Achievers ETF (PEY), AI Powered Equity ETF (AIEQ), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), First Trust Financial AlphaDEX Fund (FXO), First Trust Nasdaq Bank ETF (FTXO) and Invesco S&P 500 Equal Weight Financials ETF (RYF).

70 employees have rated KeyCorp Chief Executive Officer Chris Gorman on Glassdoor.com. Chris Gorman has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other KeyCorp investors own include Bank of America (BAC), AT&T (T), Cisco Systems (CSCO), Intel (INTC), JPMorgan Chase & Co. (JPM), General Electric (GE), Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE) and CVS Health (CVS).

KeyCorp's stock is owned by many different institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (3.45%), FMR LLC (3.39%), Ontario Teachers Pension Plan Board (2.73%), Charles Schwab Investment Management Inc. (2.47%), Invesco Ltd. (1.91%) and Morgan Stanley (1.53%). Insiders that own company stock include Amy G Brady, Andrew J Paine III, Angela G Mago, Brian L Fishel, Carlton L Highsmith, Christopher M Gorman, Devina A Rankin, Douglas M Schosser, Jamie Warder, Kenneth C Gavrity, Mark W Midkiff, Richard J Hipple, Ruth Ann M Gillis and Victor B Alexander.
View institutional ownership trends.

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