KeyCorp Company Profile (NYSE:KEY)

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

KeyCorp declared a quarterly dividend on Wednesday, July 12th. Shareholders of record on Tuesday, August 29th will be given a dividend of $0.095 per share on Friday, September 15th. This represents a $0.38 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Friday, August 25th. View KeyCorp's Dividend History.

KeyCorp declared that its Board of Directors has authorized a share repurchase program on Thursday, June 29th 2017, which permits the company to buyback $800,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

KeyCorp (NYSE:KEY) released its quarterly earnings data on Tuesday, July, 26th. The company reported $0.27 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.27. The company earned $1.07 billion during the quarter, compared to analysts' expectations of $1.09 billion. KeyCorp had a net margin of 16.62% and a return on equity of 9.88%. The business's revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. View KeyCorp's Earnings History.

KeyCorp is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for KeyCorp.

26 equities research analysts have issued 1-year target prices for KeyCorp's shares. Their forecasts range from $15.00 to $23.00. On average, they anticipate KeyCorp's stock price to reach $20.13 in the next twelve months. View Analyst Ratings for KeyCorp.

Here are some recent quotes from research analysts about KeyCorp stock:

• 1. According to Zacks Investment Research, "KeyCorp’s shares have underperformed the industry over the past six months. Yet, the company has an impressive earnings surprise history, with having surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. The bank remains well positioned to benefit from rising rate environment, increase in loan and deposit balances and improving economic stability. However, persistently increasing expenses owing to investments in franchise is likely to hurt bottom line growth. Also, significant exposure toward real estate loans continues to be a major concern." (10/17/2017)
• 2. UBS AG analysts commented, "We expect Key to continue delivering positive operating leverage, and, despite not being seen as a capital return story, the company has capacity to sustain or even increase its payout ratios from the current 80% of earnings in the coming CCAR cycles," (7/10/2017)
• 3. BMO Capital Markets analysts commented, "We recently had the opportunity to take KEY's senior management, including CFO Don Kimble and Head of IR Vern Patterson, to meet investors in Toronto. KEY is our top regional bank pick. Our investment thesis remains intact, with near-term catalysts expected to be achievement of (and upside to) FNFG-related cost savings as well as some early signs of revenue synergies. The outlook for loan growth and the capital markets pipeline remains solid, as well." (2/27/2017)
• 4. FBR & Co analysts commented, "We reiterate our Outperform rating and $21 price target, equal to 14.0x our 2018 EPS estimate on KeyCorp following 4Q16 results. KEY finished the year with a strong quarter as robust fee income, core NIM expansion, and merger accretion bolstered results. We continue to like KEY given its attractive relative valuation, positioning for higher interest rates, and positive expense guidance, which should help drive profitability higher." (1/20/2017)

Some companies that are related to KeyCorp include Canadian Imperial Bank of Commerce (CM), BB&T Corporation (BBT), Banco Santander Brasil SA (BSBR), Deutsche Bank AG (DB), Royal Bank of Scotland Group plc (RBS), Barclays PLC (BARC), SunTrust Banks (STI), ICICI Bank Limited (IBN), M&T Bank Corporation (MTB), Standard Chartered PLC (STAN), KB Financial Group (KB), Shinhan Financial Group Co Ltd (SHG), Regions Financial Corporation (RF), Credicorp (BAP), Banco De Chile (BCH), Huntington Bancshares Incorporated (HBAN), Banco Santander-Chile (BSAC) and Comerica Incorporated (CMA).

KeyCorp's management team includes the folowing people:

• Beth E. Mooney, Chairman of the Board, Chief Executive Officer
• Donald R. Kimble Jr., Vice Chairman of the Board, Chief Financial Officer
• Christopher M. Gorman, Vice Chairman and President of Banking
• Kathleen Terrell, Chief Human Resource Officer, Executive Officer
• Douglas M. Schosser, Chief Accounting Officer, Executive Officer
• Amy G. Brady, Chief Information Officer
• William L. Hartmann, Chief Risk Officer
• Paul N. Harris, General Counsel, Executive Officer, Secretary
• Edward J. Burke, Co-President, Commercial and Private Banking of Key’s Community Bank and Executive Officer
• Dennis A. Devine, Co-President, Consumer and Small Business of Key Community Bank and Executive Officer

KeyCorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Eqis Capital Management Inc. (0.00%) and Fulton Bank N.A. (0.00%). Company insiders that own KeyCorp stock include Alexander M Cutler, Amy G Brady, Angela G Mago, Barbara R Snyder, Beth E Mooney, Bruce D Broussard, Charles P Cooley, Craig A Buffie, David K Wilson, Elizabeth R Gile, Joseph A Carrabba, Paul N Harris and Ruth Ann M Gillis. View Institutional Ownership Trends for KeyCorp.

KeyCorp's stock was purchased by a variety of institutional investors in the last quarter, including Fulton Bank N.A. and Eqis Capital Management Inc.. Company insiders that have bought KeyCorp stock in the last two years include Alexander M Cutler, Barbara R Snyder, Beth E Mooney, Bruce D Broussard, Charles P Cooley, David K Wilson, Elizabeth R Gile, Joseph A Carrabba and Ruth Ann M Gillis. View Insider Buying and Selling for KeyCorp.

Shares of KeyCorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of KeyCorp stock can currently be purchased for approximately $18.58.