KeyCorp Stock Forecast, Price & News

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.

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.
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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.

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

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.

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.

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.
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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.

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.

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.

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.

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

Some companies that are related to KeyCorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH) and First Citizens BancShares (FCNCA).
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 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.

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.

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.

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

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.

KeyCorp employs 16,826 workers across the globe.

KeyCorp was founded in 1994.

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

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

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.