KeyCorp Stock Forecast, Price & News

KeyCorp's stock was trading at $12.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KEY stock has increased by 48.6% and is now trading at $18.20.
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19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last twelve months. There are currently 3 sell ratings, 11 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KeyCorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KEY, but not buy additional shares or sell existing shares.
View analyst ratings for KeyCorp or view MarketBeat's top 5 stock picks.

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6,978 employees have rated KeyCorp CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among KeyCorp's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

KeyCorp is scheduled to release its next quarterly earnings announcement on Thursday, April 15th 2021.
View our earnings forecast for KeyCorp.

KeyCorp (NYSE:KEY) issued its quarterly earnings results on Wednesday, January, 20th. The financial services provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.43 by $0.14. KeyCorp had a net margin of 16.38% and a return on equity of 7.87%. During the same quarter last year, the business earned $0.48 EPS.
View KeyCorp's earnings history.

KeyCorp announced a quarterly dividend on Thursday, January 14th. Investors of record on Tuesday, March 2nd will be paid a dividend of $0.185 per share on Monday, March 15th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Monday, March 1st.
View KeyCorp's dividend history.

KeyCorp pays an annual dividend of $0.74 per share and currently has a dividend yield of 4.08%. KEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. KeyCorp does not yet have a strock track record of dividend growth. The dividend payout ratio of KeyCorp is 41.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KeyCorp will have a dividend payout ratio of 47.13% next year. This indicates that KeyCorp will be able to sustain or increase its dividend.
View KeyCorp's dividend history.

19 brokers have issued 12 month price targets for KeyCorp's stock. Their forecasts range from $10.00 to $44.00. On average, they anticipate KeyCorp's share price to reach $20.03 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts' price targets for KeyCorp or view Wall Street analyst' top-rated stocks.

KeyCorp saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 11,110,000 shares, a drop of 28.9% from the December 15th total of 15,620,000 shares. Based on an average daily trading volume, of 8,620,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.1% of the company's stock are sold short.
View KeyCorp's Short Interest.

Some companies that are related to KeyCorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and Prosperity Bancshares (PB).
View all of KEY's competitors.

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

KeyCorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (0.38%), Wedge Capital Management L L P NC (0.15%), CHURCHILL MANAGEMENT Corp (0.06%), Candriam Luxembourg S.C.A. (0.04%), Smith Graham & Co. Investment Advisors LP (0.03%) and OLD National Bancorp IN (0.02%). 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, Douglas M Schosser, Kevin Thomas Ryan, Paul N Harris, Robert A Deangelis, Ruth Ann M Gillis 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 Valicenti Advisory Services Inc., CX Institutional, Wedge Capital Management L L P NC, CHURCHILL MANAGEMENT Corp, Smith Graham & Co. Investment Advisors LP, KG&L Capital Management LLC, Avantax Advisory Services Inc., and Huntington National Bank. Company insiders that have sold KeyCorp company stock in the last year include Angela G Mago, Kevin Thomas Ryan, and Trina M Evans.
View insider buying and selling activity for KeyCorp or view top insider-selling stocks.

KEY stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Candriam Luxembourg S.C.A., Park Avenue Securities LLC, Pendal Group Limited, Strategic Investment Advisors MI, Bogart Wealth LLC, BLB&B Advisors LLC, and OLD National Bancorp IN. Company insiders that have bought KeyCorp stock in the last two years include Carlton L Highsmith, Christopher M Gorman, and Ruth Ann M Gillis.
View insider buying and selling activity for KeyCorp or or view top insider-buying stocks.

Shares of KEY 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.

One share of KEY stock can currently be purchased for approximately $18.20.

KeyCorp has a market capitalization of $17.77 billion and generates $7.69 billion in revenue each year. The financial services provider earns $1.72 billion in net income (profit) each year or $1.80 on an earnings per share basis. KeyCorp employs 17,045 workers across the globe.

The official website for KeyCorp is 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]