KeyCorp Stock Forecast, Price & News

21 Wall Street 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 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but KeyCorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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KeyCorp saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 12,050,000 shares, a drop of 20.8% from the March 15th total of 15,220,000 shares. Based on an average trading volume of 9,140,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.3% of the company's stock are short sold.
View KeyCorp's Short Interest.

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

KeyCorp will be holding an earnings conference call on Tuesday, April 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

KeyCorp (NYSE:KEY) announced its quarterly earnings results on Wednesday, January, 20th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.14. The financial services provider earned $1.84 billion during the quarter, compared to analyst estimates of $1.71 billion. KeyCorp had a net margin of 16.38% and a trailing twelve-month return on equity of 7.87%. During the same quarter last year, the business earned $0.48 earnings per share.
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 (WHO). Since then, KEY shares have increased by 68.8% and is now trading at $20.68.
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KeyCorp announced a quarterly dividend on Thursday, January 14th. Stockholders 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 annualized dividend and a yield of 3.58%. 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 3.56%. 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.

KeyCorp declared that its Board of Directors has approved a stock buyback plan on Thursday, January 21st 2021, which permits the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

21 brokerages have issued twelve-month price targets for KeyCorp's stock. Their forecasts range from $10.00 to $30.00. On average, they expect KeyCorp's share price to reach $21.48 in the next twelve months. This suggests a possible upside of 3.9% 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 Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), 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 Hamlin Capital Management LLC (0.55%), Miller Howard Investments Inc. NY (0.33%), Wedge Capital Management L L P NC (0.16%), CHURCHILL MANAGEMENT Corp (0.05%), Royal London Asset Management Ltd. (0.04%) and Retirement Systems of Alabama (0.04%). 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, 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 Hamlin Capital Management LLC, KG&L Capital Management LLC, Retirement Systems of Alabama, CX Institutional, CHURCHILL MANAGEMENT Corp, Hartford Financial Management Inc., Mcdonald Partners LLC, and Huntington National Bank. Company insiders that have sold KeyCorp company stock in the last year include Angela G Mago, 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 Miller Howard Investments Inc. NY, DnB Asset Management AS, Calamos Wealth Management LLC, Bogart Wealth LLC, Crescent Capital Consulting LLC, Royal London Asset Management Ltd., Everence Capital Management Inc., and NuWave Investment Management LLC. 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 $20.68.

KeyCorp has a market capitalization of $19.85 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 17,785 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]