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. Stockholders 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 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Monday, August 26th. This is an increase from KeyCorp's previous quarterly dividend of $0.17. View KeyCorp's Dividend History.

KeyCorp announced that its Board of Directors has approved a share repurchase plan on Thursday, June 28th 2018, which allows the company to buyback $1,225,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

KeyCorp (NYSE:KEY) announced its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The financial services provider had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. KeyCorp had a return on equity of 12.71% and a net margin of 21.93%. KeyCorp's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 EPS. 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.

26 Wall Street analysts have issued 12-month target prices for KeyCorp's shares. Their forecasts range from $17.00 to $40.00. On average, they anticipate KeyCorp's stock price to reach $24.98 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price. View Analyst Price Targets for KeyCorp.

26 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 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KeyCorp.

Press coverage about KEY stock has trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KeyCorp earned a news impact score of -5.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for KeyCorp.

KeyCorp saw a increase in short interest in 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 trading volume of 9,200,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.4% of the company's stock are sold short. 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), NVIDIA (NVDA), AT&T (T), General Electric (GE), Intel (INTC), Ford Motor (F), JPMorgan Chase & Co. (JPM), Johnson & Johnson (JNJ) and Starbucks (SBUX).

KeyCorp's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 purchased 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 $19.26.

KeyCorp has a market capitalization of $18.97 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]