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 3.88%. The ex-dividend date of this dividend is Monday, August 26th. This is a boost from KeyCorp's previous quarterly dividend of $0.17. View KeyCorp's Dividend History.

KeyCorp announced that its board has approved 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 reacquire up to 5.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

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

24 equities research analysts have issued 1-year price objectives for KeyCorp's stock. Their forecasts range from $17.00 to $40.00. On average, they expect KeyCorp's stock price to reach $25.17 in the next twelve months. This suggests a possible upside of 32.0% 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.

Press coverage about KEY stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. KeyCorp earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. 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 daily volume of 9,200,000 shares, the days-to-cover ratio is currently 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), 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 many different 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 $19.07.

KeyCorp has a market capitalization of $18.78 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]