NYSE:KEY

KeyCorp Stock Forecast, Price & News

$20.81
+0.25 (+1.22 %)
(As of 06/23/2021 02:16 PM ET)
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Today's Range
$20.53
$20.81
50-Day Range
$19.84
$23.52
52-Week Range
$10.86
$23.65
Volume233,551 shs
Average Volume8.39 million shs
Market Capitalization$20.20 billion
P/E Ratio11.82
Dividend Yield3.59%
Beta1.57
30 days | 90 days | 365 days | Advanced Chart
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KeyCorp logo

About KeyCorp

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides 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 comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of February 25, 2021, it operated through a network of approximately 1,000 branches and 1,400 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp, through its subsidiary, KeyBank National Association, has a strategic alliance with XUP, Inc. to provide digital and physical merchant services. The company was founded in 1849 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

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MarketRank

Overall MarketRank

2.46 out of 5 stars

Finance Sector

24th out of 1,980 stocks

National Commercial Banks Industry

2nd out of 167 stocks

Analyst Opinion: 3.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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KeyCorp (NYSE:KEY) Frequently Asked Questions

Is KeyCorp a buy right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 2 sell ratings, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 top-rated stocks.

What stocks does MarketBeat like better than KeyCorp?

Wall Street analysts have given KeyCorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but KeyCorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting KeyCorp?

KeyCorp saw a drop in short interest during the month of May. As of May 28th, there was short interest totaling 12,110,000 shares, a drop of 14.7% from the May 13th total of 14,190,000 shares. Based on an average daily trading volume, of 8,580,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.3% of the company's stock are sold short.
View KeyCorp's Short Interest
.

When is KeyCorp's next earnings date?

KeyCorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for KeyCorp
.

How can I listen to KeyCorp's earnings call?

KeyCorp will be holding an earnings conference call on Tuesday, July 20th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) issued its quarterly earnings results on Monday, April, 19th. The financial services provider reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.13. The financial services provider had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.68 billion. KeyCorp had a trailing twelve-month return on equity of 11.06% and a net margin of 23.76%. The company's revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 EPS.
View KeyCorp's earnings history
.

How has KeyCorp's stock price been impacted by Coronavirus (COVID-19)?

KeyCorp's stock was trading at $12.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KEY stock has increased by 69.5% and is now trading at $20.76.
View which stocks have been most impacted by COVID-19
.

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

KeyCorp announced a quarterly dividend on Thursday, May 13th. Shareholders of record on Tuesday, June 1st will be paid a dividend of $0.185 per share on Tuesday, June 15th. This represents a $0.74 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Friday, May 28th.
View KeyCorp's dividend history
.

Is KeyCorp a good dividend stock?

KeyCorp pays an annual dividend of $0.74 per share and currently has a dividend yield of 3.59%. KeyCorp does not yet have a strong track record of dividend growth. The dividend payout ratio of KeyCorp is 58.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KeyCorp will have a dividend payout ratio of 37.56% next year. This indicates that KeyCorp will be able to sustain or increase its dividend.
View KeyCorp's dividend history.

How will KeyCorp's stock buyback program work?

KeyCorp announced that its Board of Directors has approved a stock repurchase program on Thursday, January 21st 2021, which authorizes the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

What price target have analysts set for KEY?

17 analysts have issued 12-month target prices for KeyCorp's stock. Their forecasts range from $12.00 to $34.00. On average, they anticipate KeyCorp's share price to reach $24.54 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
View analysts' price targets for KeyCorp
or view top-rated stocks among Wall Street analysts.

Who are KeyCorp's key executives?

KeyCorp's management team includes the following people:
  • Mr. Christopher Marrott Gorman, Chairman, Pres & CEO (Age 60, Pay $2.67M)
  • Mr. Donald R. Kimble Jr., CFO & Chief Admin. Officer (Age 61, Pay $2.72M)
  • Ms. Amy G. Brady, Chief Information Officer & Exec. VP (Age 54, Pay $1.8M)
  • Mr. Andrew Jackson Paine III, Exec. VP & Pres of Key Institutional Bank (Age 51, Pay $2.07M)
  • Ms. Angela G. Mago, Head of Commercial Bank (Age 55, Pay $1.77M)
  • Mr. Douglas M. Schosser CPA, Chief Accounting Officer & Exec. Officer (Age 51)
  • Mr. Vernon L. Patterson, Exec. VP of Investor Relations
  • Ms. Susan E. Donlan, Chief Communications Officer
  • Mr. Brian L. Fishel, Chief Human Resource Officer & Exec. VP (Age 55)
  • Mr. Jeffery J. Weaver, Head of Qualitative Risk - Risk Management & Exec. VP

What is Chris Gorman's approval rating as KeyCorp's CEO?

70 employees have rated KeyCorp CEO Chris Gorman on Glassdoor.com. Chris Gorman has an approval rating of 85% among KeyCorp's employees.

Who are some of KeyCorp's key competitors?

What other stocks do shareholders of KeyCorp own?

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).

What is KeyCorp's stock symbol?

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

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.31%), Capital International Investors (7.21%), Boston Partners (3.21%), Royal Bank of Canada (2.19%), Geode Capital Management LLC (1.73%) and Northern Trust Corp (1.17%). 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, Mark W Midkiff, Paul N Harris, Ruth Ann M Gillis and Trina M Evans.
View institutional ownership trends for KeyCorp
.

Which major investors are selling KeyCorp stock?

KEY stock was sold by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Assetmark Inc., BlackRock Inc., M&G Investment Management Ltd., Hamlin Capital Management LLC, Holocene Advisors LP, Clearbridge Investments LLC, and LGT Capital Partners LTD.. Company insiders that have sold KeyCorp company stock in the last year include Andrew J Paine III, Angela G Mago, Christopher M Gorman, Mark W Midkiff, and Trina M Evans.
View insider buying and selling activity for KeyCorp
or view top insider-selling stocks.

Which major investors are buying KeyCorp stock?

KEY stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Capital International Investors, Royal Bank of Canada, HRT Financial LP, Schonfeld Strategic Advisors LLC, Goldman Sachs Group Inc., Morgan Stanley, and Man Group plc. 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is KeyCorp's stock price today?

One share of KEY stock can currently be purchased for approximately $20.76.

How much money does KeyCorp make?

KeyCorp has a market capitalization of $20.15 billion and generates $7.34 billion in revenue each year. The financial services provider earns $1.34 billion in net income (profit) each year or $1.26 on an earnings per share basis.

How many employees does KeyCorp have?

KeyCorp employs 16,826 workers across the globe.

When was KeyCorp founded?

KeyCorp was founded in 1994.

What is KeyCorp's official website?

The official website for KeyCorp is www.key.com.

Where are KeyCorp's headquarters?

KeyCorp is headquartered at 127 PUBLIC SQ, CLEVELAND OH, 44114.

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]m.


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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