NYSE:KEY - KeyCorp Stock Price, Price Target & More

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$19.56 -0.18 (-0.91 %)
(As of 07/16/2018 06:00 AM ET)
Previous Close$19.56
Today's Range$19.40 - $19.75
52-Week Range$16.28 - $22.40
Volume8.15 million shs
Average Volume8.81 million shs
Market Capitalization$20.77 billion
P/E Ratio14.38
Dividend Yield2.45%
Beta1.04
KeyCorp logoKeyCorp 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
SymbolNYSE:KEY
CUSIP49326710
Phone216-689-6300

Debt

Debt-to-Equity Ratio0.99
Current Ratio0.89
Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio14.38
Forward P/E Ratio11.51
P/E Growth1.21

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales3.02
Cash Flow$1.7638 per share
Price / Cash11.09
Book Value$13.10 per share
Price / Book1.49

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$1.30 billion
Net Margins19.32%
Return on Equity11.03%
Return on Assets1.14%

Miscellaneous

Employees18,415
Outstanding Shares1,061,660,000
Market Cap$20,766.13

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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 announced a quarterly dividend on Wednesday, July 11th. Investors of record on Tuesday, August 28th will be paid a dividend of $0.17 per share on Friday, September 14th. This represents a $0.68 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Monday, August 27th. This is a positive change from KeyCorp's previous quarterly dividend of $0.12. 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, 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 repurchase up to 5.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) announced its quarterly earnings data on Thursday, April, 19th. The financial services provider reported $0.38 EPS for the quarter, meeting analysts' consensus estimates of $0.38. The financial services provider earned $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. KeyCorp had a net margin of 19.32% and a return on equity of 11.03%. KeyCorp's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. View KeyCorp's Earnings History.

When is KeyCorp's next earnings date?

KeyCorp is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for KeyCorp.

What price target have analysts set for KEY?

21 equities research analysts have issued 1 year price objectives for KeyCorp's stock. Their forecasts range from $18.00 to $26.00. On average, they anticipate KeyCorp's share price to reach $22.6111 in the next year. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Ratings for KeyCorp.

What is the consensus analysts' recommendation for KeyCorp?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 1 sell rating, 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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’s shares have outperformed the industry over the past six months. Yet, the company does not have an impressive earnings surprise history, as it did not surpass the Zacks Consensus Estimate in any of the trailing four quarters. The bank remains well positioned for revenue growth, given a rising rate environment and improving loan and deposit balances. Also, lower tax rates will support profitability. However, persistently increasing expenses owing to investments in franchise and acquisitions are likely to hurt bottom-line growth. Also, the company's significant exposure toward risky loan portfolios remains a major concern." (6/25/2018)
  • 2. Vining Sparks analysts commented, "We continue to expect KEY to grow its operating earnings per share by 32% in 2018E, which still remains approximately 8% above the market’s consensus expectations. Therefore, we have maintained our price target at $25 and reaffirmed our rating at “Strong Buy” with a potential 20% total return expected over the next 12 months." (1/18/2018)

Are investors shorting KeyCorp?

KeyCorp saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 11,759,967 shares, a decline of 31.2% from the June 15th total of 17,082,842 shares. Based on an average trading volume of 9,704,856 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the company's shares are short sold. View KeyCorp's Current Options Chain.

Who are some of KeyCorp's key competitors?

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)

Has KeyCorp been receiving favorable news coverage?

News headlines about KEY stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. KeyCorp earned a media sentiment score of 0.10 on Accern's scale. They also gave news stories about the financial services provider an impact score of 43.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (0.15%), NN Investment Partners Holdings N.V. (0.10%), Pennsylvania Trust Co (0.04%), Grassi Investment Management (0.03%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%) and Manning & Napier Group LLC (0.02%). Company insiders that own KeyCorp stock include Alexander M Cutler, Amy G Brady, Andrew J Paine III, Angela G Mago, Bruce D Broussard, Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, David K Wilson, Edward J Burke, Elizabeth R Gile, 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 State of Alaska Department of Revenue, Clinton Group Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC, First Citizens Bank & Trust Co., Bouchey Financial Group Ltd, BLB&B Advisors LLC and Ledyard National Bank. Company insiders that have sold KeyCorp company stock in the last year include Amy G Brady, Andrew J Paine III, Angela G Mago, Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, Edward J Burke, Paul N Harris and Robert A Deangelis. View Insider Buying and Selling for KeyCorp.

Which institutional investors are buying KeyCorp stock?

KEY stock was purchased by a variety of institutional investors in the last quarter, including Grassi Investment Management, LGT Capital Partners LTD., Manning & Napier Group LLC, KAMES CAPITAL plc, Pennsylvania Trust Co, NN Investment Partners Holdings N.V., FormulaFolio Investments LLC and BKD Wealth Advisors LLC. Company insiders that have bought KeyCorp stock in the last two years include Alexander M Cutler, Bruce D Broussard, David K Wilson, Elizabeth R Gile, 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 $19.56.

How big of a company is KeyCorp?

KeyCorp has a market capitalization of $20.77 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.

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 216-689-6300 or via email at [email protected]


MarketBeat Community Rating for KeyCorp (NYSE KEY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  585 (Vote Outperform)
Underperform Votes:  744 (Vote Underperform)
Total Votes:  1,329
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 7/16/2018 by MarketBeat.com Staff

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