NYSE:KEY - KeyCorp Stock Price, News, & Analysis

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$18.17 -0.12 (-0.66 %)

(As of 11/19/2018 01:02 PM ET)

Previous Close$18.29

Today's Range$18.11 - $18.53

52-Week Range$16.48 - $22.40

Volume348,926 shs

Average Volume13.47 million shs

Market Capitalization$18.92 billion

P/E Ratio13.36

Dividend Yield3.72%

Beta1

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States. The company's Key Community Bank segment offers various deposit and investment products, personal finance services, residential mortgages, home equity loans, credit cards, and installment loans, as well as personal property and casualty insurance, such as home, auto, renters, watercraft, and umbrella insurance for individuals. It also purchases retail auto sales contracts through a network of auto dealership; offers financial, estate and retirement planning, asset management, and trust services, as well as portfolio management, life insurance, charitable giving, and related services for high-net-worth clients. In addition, this segment provides deposits, investment and credit products, and business advisory services to small businesses; and commercial lending, cash management, equipment leasing, investment, and commercial property and casualty insurance products, as well as employee benefit programs, succession planning, capital market access, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. As of December 31, 2017, the company offered its products and services through 1,197 retail banking branches and 1,572 automated teller machines in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:KEY

Previous Symbol

CUSIP49326710

Webwww.key.com

Phone216-689-3000

Debt

Debt-to-Equity Ratio1.01

Current Ratio0.89

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio13.36

Forward P/E Ratio10.50

P/E Growth0.67

Sales & Book Value

Annual Sales$6.87 billion

Price / Sales2.74

Cash Flow$1.7522 per share

Price / Cash10.37

Book Value$13.10 per share

Price / Book1.39

Profitability

EPS (Most Recent Fiscal Year)$1.36

Net Income$1.30 billion

Net Margins21.47%

Return on Equity12.56%

Return on Assets1.27%

Miscellaneous

Employees18,415

Outstanding Shares1,034,530,000

Market Cap$18.92 billion

OptionableOptionable

KeyCorp (NYSE:KEY) Frequently Asked Questions

What is KeyCorp's stock symbol?

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

How often does KeyCorp pay dividends? What is the dividend yield for KeyCorp?

KeyCorp declared a quarterly dividend on Thursday, November 15th. Stockholders of record on Tuesday, November 27th will be paid a dividend of $0.17 per share on Friday, December 14th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend is Monday, November 26th. View KeyCorp's Dividend History.

How will KeyCorp's stock buyback program work?

KeyCorp announced that its Board of Directors has authorized a share buyback program on Thursday, June 28th 2018, which allows the company to buyback $1,225,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) posted its quarterly earnings results on Thursday, October, 18th. The financial services provider reported $0.45 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01. The financial services provider earned $1.60 billion during the quarter, compared to the consensus estimate of $1.64 billion. KeyCorp had a net margin of 21.47% and a return on equity of 12.56%. The company's quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.32 EPS. View KeyCorp's Earnings History.

When is KeyCorp's next earnings date?

KeyCorp is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for KeyCorp.

How can I listen to KeyCorp's earnings call?

KeyCorp will be holding an earnings conference call on Thursday, January 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for KEY?

22 equities research analysts have issued 12 month price targets for KeyCorp's stock. Their forecasts range from $18.00 to $26.00. On average, they expect KeyCorp's stock price to reach $23.1765 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Price Targets for KeyCorp.

What is the consensus analysts' recommendation for KeyCorp?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 1 sell rating, 4 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KeyCorp.

What are Wall Street analysts saying about KeyCorp stock?

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

1. According to Zacks Investment Research, "KeyCorp does not have an impressive earnings surprise history, as it surpassed the Zacks Consensus Estimate only in one of the trailing four quarters. Mounting expenses, mainly due to the company's investments in franchise and inorganic growth plans will likely hurt bottom-line growth to some extent. Exposure to risky loan portfolios remains a major near-term concern for the company. Nonetheless, the company’s shares have outperformed the industry so far this year. The bank remains well positioned for revenue growth, given the higher interest rates, and improving loan and deposit balances. Further, its impressive capital deployment activities reflect strong balance sheet position." (10/8/2018)
2. Vining Sparks analysts commented, "We continue to expect KEY to grow its operating earnings per share by over 25% in 2018E, which remains 3% above market consensus expectations. This improvement should push KEY’s operating ROTCE up towards 17.5% in 2H’18E, which we believe should warrant a price-to- tangible book value of approximately 225%, which should generate over 20% of long-term shareholder value. P/TBV (%) 191% Sources: SNL Financial & Vining Sparks, IBG LP." (7/19/2018)

Has KeyCorp been receiving favorable news coverage?

News coverage about KEY stock has been trending very positive on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. KeyCorp earned a news sentiment score of 3.1 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting KeyCorp?

KeyCorp saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 15,051,023 shares, an increase of 24.1% from the October 15th total of 12,124,532 shares. Based on an average daily trading volume, of 17,830,982 shares, the short-interest ratio is presently 0.8 days. Approximately 1.4% of the company's shares are sold short. View KeyCorp's Current Options Chain.

Who are some of KeyCorp's key competitors?

Some companies that are related to KeyCorp include PNC Financial Services Group (PNC), Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), Shinhan Financial Group (SHG) and Regions Financial (RF).

Who are KeyCorp's key executives?

KeyCorp's management team includes the folowing people:

Ms. Beth E. Mooney, Chairman, CEO & Pres (Age 63)
Mr. Donald R. Kimble Jr., Vice Chairman & CFO (Age 58)
Ms. Amy G. Brady, Chief Information Officer (Age 51)
Mr. Christopher Marrott Gorman, Pres of Banking & Vice Chairman (Age 57)
Mr. Andrew J. Paine III, Co-Head of Key Corp. Bank, Exec. VP and Pres of Keybanc Capital Markets (Age 48)

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.67%), JPMorgan Chase & Co. (3.50%), The Manufacturers Life Insurance Company (1.64%), FMR LLC (1.61%), Bessemer Group Inc. (1.37%) and LSV Asset Management (1.26%). Company insiders that own KeyCorp stock include Alexander M Cutler, Amy G Brady, Andrew J Paine III, Angela G Mago, Beth E Mooney, Bruce D Broussard, Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, David K Wilson, 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 Ruth Ann M Gillis. View Institutional Ownership Trends for KeyCorp.

Which institutional investors are selling KeyCorp stock?

KEY stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, Panagora Asset Management Inc., Canada Pension Plan Investment Board, EJF Capital LLC, Korea Investment CORP, Russell Investments Group Ltd. and Fuller & Thaler Asset Management Inc.. Company insiders that have sold KeyCorp company stock in the last year include Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, Douglas M Schosser, Edward J Burke and Robert A Deangelis. View Insider Buying and Selling for KeyCorp.

Which institutional investors are buying KeyCorp stock?

KEY stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Capital World Investors, FMR LLC, The Manufacturers Life Insurance Company , Ferguson Wellman Capital Management Inc., Schroder Investment Management Group, LSV Asset Management and Robeco Institutional Asset Management B.V.. Company insiders that have bought KeyCorp stock in the last two years include Alexander M Cutler, Beth E Mooney, Bruce D Broussard, David K Wilson, Donald R Kimble, Elizabeth R Gile, H James Dallas, Mark W Midkiff and Ruth Ann M Gillis. View Insider Buying and Selling for KeyCorp.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is KeyCorp's stock price today?

One share of KEY stock can currently be purchased for approximately $18.47.

How big of a company is KeyCorp?

KeyCorp has a market capitalization of $18.92 billion and generates $6.87 billion in revenue each year. The financial services provider earns $1.30 billion in net income (profit) each year or $1.36 on an earnings per share basis. KeyCorp employs 18,415 workers across the globe.

What is KeyCorp's official website?

The official website for KeyCorp is http://www.key.com.

How can I contact KeyCorp?

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]

MarketBeat Community Rating for KeyCorp (NYSE KEY)

Community Ranking:		2.3 out of 5 ( )
Outperform Votes:		715 (Vote Outperform)
Underperform Votes:		827 (Vote Underperform)
Total Votes:		1,542

MarketBeat's community ratings are surveys of what our community members think about KeyCorp and other stocks. Vote "Outperform" if you believe KEY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KEY will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 11/19/2018 by MarketBeat.com Staff