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

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$18.62 +0.04 (+0.22 %)
(As of 10/17/2018 10:07 AM ET)
Previous Close$18.58
Today's Range$18.50 - $18.65
52-Week Range$17.40 - $22.40
Volume55,017 shs
Average Volume9.81 million shs
Market Capitalization$20.93 billion
P/E Ratio13.67
Dividend Yield3.65%
Beta1.01
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
SymbolNYSE:KEY
CUSIP49326710
Phone216-689-3000

Debt

Debt-to-Equity Ratio0.98
Current Ratio0.89
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio13.67
Forward P/E Ratio10.70
P/E Growth0.73

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales2.85
Cash Flow$1.6507 per share
Price / Cash11.28
Book Value$13.10 per share
Price / Book1.42

Profitability

EPS (Most Recent Fiscal Year)$1.36
Net Income$1.30 billion
Net Margins20.05%
Return on Equity11.73%
Return on Assets1.20%

Miscellaneous

Employees18,415
Outstanding Shares1,052,040,000
Market Cap$20.93 billion

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 declared a quarterly dividend on Wednesday, July 11th. Investors of record on Tuesday, August 28th will be given 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 3.66%. 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 declared that its Board of Directors has approved a share buyback program on Thursday, June 28th 2018, which authorizes the company to buyback $1,225,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) announced its quarterly earnings data on Thursday, July, 19th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.02. The financial services provider earned $1.65 billion during the quarter, compared to the consensus estimate of $1.60 billion. KeyCorp had a return on equity of 11.73% and a net margin of 20.05%. The company's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 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, October 18th 2018. View Earnings Estimates for KeyCorp.

How can I listen to KeyCorp's earnings call?

KeyCorp will be holding an earnings conference call on Thursday, October 18th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for KEY?

18 analysts have issued 1 year price objectives for KeyCorp's shares. Their predictions range from $21.50 to $26.00. On average, they anticipate KeyCorp's share price to reach $23.9286 in the next year. This suggests a possible upside of 28.8% from the stock's current price. View Analyst Price Targets for KeyCorp.

What is the consensus analysts' recommendation for KeyCorp?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 does not have an impressive earnings surprise history, as it surpassed the Zacks Consensus Estimate only in one of the trailing four quarters. Mounting expenses, mainly due to the company's investments in franchise and inorganic growth plans will likely hurt bottom-line growth to some extent. Exposure to risky loan portfolios remains a major near-term concern for the company. Nonetheless, the company’s shares have outperformed the industry so far this year. The bank remains well positioned for revenue growth, given the higher interest rates, and improving loan and deposit balances. Further, its impressive capital deployment activities reflect strong balance sheet position." (10/8/2018)
  • 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)

Are investors shorting KeyCorp?

KeyCorp saw a increase in short interest in September. As of September 28th, there was short interest totalling 13,897,138 shares, an increase of 46.2% from the September 14th total of 9,502,872 shares. Based on an average trading volume of 12,685,809 shares, the short-interest ratio is presently 1.1 days. Approximately 1.3% of the shares of the company are sold short. 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)

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.34%), State of New Jersey Common Pension Fund D (0.20%), Scout Investments Inc. (0.08%), Pennsylvania Trust Co (0.04%), Manning & Napier Group LLC (0.03%) and Andra AP fonden (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, 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 State of New Jersey Common Pension Fund D, Park National Corp OH, New England Research & Management Inc. and DNB Asset Management AS. Company insiders that have sold KeyCorp company stock in the last year include Andrew J Paine III, Carlton L Highsmith, Christopher M Gorman, Craig A Buffie, Douglas M Schosser, Edward J Burke, Paul N Harris and Robert A Deangelis. View Insider Buying and Selling for KeyCorp.

Which major investors are buying KeyCorp stock?

KEY stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Scout Investments Inc., First Hawaiian Bank, Pennsylvania Trust Co, Manning & Napier Group LLC, Andra AP fonden, Jaffetilchin Investment Partners LLC and Chemung Canal Trust Co.. 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, 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 $18.58.

How big of a company is KeyCorp?

KeyCorp has a market capitalization of $20.93 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.

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 (star star)
Outperform Votes:  691 (Vote Outperform)
Underperform Votes:  817 (Vote Underperform)
Total Votes:  1,508
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 10/17/2018 by MarketBeat.com Staff

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