KeyCorp Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last twelve months. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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 is scheduled to release its next quarterly earnings announcement on Thursday, October 21st 2021.
View our earnings forecast for KeyCorp.

KeyCorp will be holding an earnings conference call on Thursday, October 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

KeyCorp (NYSE:KEY) posted its quarterly earnings results on Monday, July, 19th. The financial services provider reported $0.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.19. The financial services provider had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.73 billion. KeyCorp had a trailing twelve-month return on equity of 14.21% and a net margin of 30.87%. The firm's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.17 EPS.
View KeyCorp's earnings history.

KeyCorp's stock was trading at $12.25 on March 11th, 2020 when Coronavirus 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 Wednesday, July 7th. Stockholders of record on Tuesday, August 31st will be given a dividend of $0.185 per share on Wednesday, September 15th. This represents a $0.74 annualized dividend and a yield of 3.56%. The ex-dividend date is Monday, August 30th.
View KeyCorp's dividend history.

KeyCorp pays an annual dividend of $0.74 per share and currently has a dividend yield of 3.54%. 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 37.95% 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 has approved a share repurchase program on Thursday, January 21st 2021, which allows the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

15 analysts have issued 12 month price targets for KeyCorp's shares. Their forecasts range from $17.73 to $36.00. On average, they anticipate KeyCorp's share price to reach $25.69 in the next twelve months. This suggests a possible upside of 23.8% 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), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN), First Citizens BancShares (FCNCA) and Commerce Bancshares (CBSH).
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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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.75%), BlackRock Inc. (8.48%), Capital International Investors (7.46%), State Street Corp (5.56%), Boston Partners (3.35%) and Royal Bank of Canada (2.37%). 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, Jamie Warder, 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 FMR LLC, JPMorgan Chase & Co., Thrivent Financial for Lutherans, Invesco Ltd., Balyasny Asset Management LLC, State Street Corp, Marshall Wace North America L.P., and Clearbridge Investments LLC. Company insiders that have sold KeyCorp company stock in the last year include Andrew J Paine III, Angela G Mago, Christopher M Gorman, Jamie Warder, 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 Vanguard Group Inc., Amundi, Fuller & Thaler Asset Management Inc., LSV Asset Management, Royal Bank of Canada, Stieven Capital Advisors L.P., Capital International Investors, and Natixis. 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 $19.85 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]