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

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$17.74 +0.23 (+1.31 %)

(As of 02/20/2019 01:01 AM ET)

Previous Close$17.51

Today's Range$17.30 - $17.8050

52-Week Range$13.65 - $22.40

Volume12.38 million shs

Average Volume12.82 million shs

Market Capitalization$18.35 billion

P/E Ratio10.25

Dividend Yield3.88%

Beta1.19

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 Ratio0.97

Current Ratio0.89

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio10.25

Forward P/E Ratio9.59

P/E Growth0.56

Sales & Book Value

Annual Sales$7.39 billion

Price / Sales2.48

Cash Flow$1.9199 per share

Price / Cash Flow9.24

Book Value$13.67 per share

Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$1.73

Net Income$1.87 billion

Net Margins24.74%

Return on Equity13.26%

Return on Assets1.34%

Miscellaneous

Employees18,415

Outstanding Shares1,034,530,000

Market Cap$18.35 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 announced a quarterly dividend on Thursday, January 10th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.17 per share on Friday, March 15th. This represents a $0.68 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Monday, March 4th. View KeyCorp's Dividend History.

How will KeyCorp's stock buyback program work?

KeyCorp declared that its board has approved a stock buyback plan on Thursday, June 28th 2018, which permits the company to buyback $1,225,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) issued its earnings results on Thursday, January, 17th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.01. The financial services provider earned $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. KeyCorp had a return on equity of 13.26% and a net margin of 24.74%. During the same period in the previous year, the business earned $0.33 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, April 18th 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, April 18th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for KEY?

21 equities research analysts have issued 1-year price objectives for KeyCorp's stock. Their predictions range from $16.00 to $34.00. On average, they anticipate KeyCorp's stock price to reach $21.9488 in the next year. This suggests a possible upside of 23.7% from the stock's current price. View Analyst Price Targets 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 2 sell ratings, 8 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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’s shares have underperformed the industry over the past six months. Yet, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Its fourth-quarter 2018 results benefited from higher revenues and a fall in costs. The bank remains well positioned for revenue growth, given the higher interest rates along with improving loan and deposit balances. Also, the company's capital deployment plan reflect strong balance sheet position. However, mounting expenses, mainly due to the company's investments in technology upgrades and acquisitions, will likely hurt bottom-line growth to some extent. Exposure to risky loan portfolios also remains a near-term concern for the company." (2/18/2019)
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?

Media stories about KEY stock have been trending neutral on Tuesday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. KeyCorp earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of KeyCorp's key competitors?

Some companies that are related to KeyCorp include Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), BANCO DO BRASIL/S (BDORY), Mizuho Financial Group (MFG), BB&T (BBT), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Standard Chartered (SCBFF), SunTrust Banks (STI), Shinhan Financial Group (SHG), DANSKE BK A/S/S (DNKEY) 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 64)
Mr. Donald R. Kimble Jr., Vice Chairman & CFO (Age 59)
Ms. Amy G. Brady, Chief Information Officer (Age 52)
Mr. Christopher Marrott Gorman, Pres of Banking & Vice Chairman (Age 58)
Mr. Andrew J. Paine III, Co-Head of Key Corp. Bank, Exec. VP and Pres of Keybanc Capital Markets (Age 49)

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.72%), Boston Partners (3.99%), LSV Asset Management (1.30%), Bessemer Group Inc. (1.29%), Geode Capital Management LLC (1.28%) and Barrow Hanley Mewhinney & Strauss LLC (1.22%). 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 major investors are selling KeyCorp stock?

KEY stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Thrivent Financial for Lutherans, Eaton Vance Management, Victory Capital Management Inc., First Trust Advisors LP, Bessemer Group Inc., Amundi Pioneer Asset Management Inc. and Dana Investment Advisors Inc.. Company insiders that have sold KeyCorp company stock in the last year include Carlton L Highsmith, Christopher M Gorman, Douglas M Schosser, Edward J Burke and Robert A Deangelis. View Insider Buying and Selling for KeyCorp.

Which major investors are buying KeyCorp stock?

KEY stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Bank of Montreal Can, Dimensional Fund Advisors LP, Oregon Public Employees Retirement Fund, USS Investment Management Ltd, Scout Investments Inc., LGT Capital Partners LTD. and Basswood Capital Management L.L.C.. 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 $17.74.

How big of a company is KeyCorp?

KeyCorp has a market capitalization of $18.35 billion and generates $7.39 billion in revenue each year. The financial services provider earns $1.87 billion in net income (profit) each year or $1.73 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:		758 (Vote Outperform)
Underperform Votes:		856 (Vote Underperform)
Total Votes:		1,614

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 2/20/2019 by MarketBeat.com Staff