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

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$20.54 -0.03 (-0.15 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$20.57
Today's Range$20.53 - $20.79
52-Week Range$16.28 - $22.40
Volume6.60 million shs
Average Volume9.68 million shs
Market Capitalization$21.70 billion
P/E Ratio15.10
Dividend Yield2.35%
Beta1.02
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

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 Ratio15.10
Forward P/E Ratio12.08
P/E Growth1.26

Sales & Book Value

Annual Sales$6.87 billion
Price / Sales3.18
Cash Flow$1.7722 per share
Price / Cash11.59
Book Value$13.10 per share
Price / Book1.57

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

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, May 9th. Shareholders of record on Tuesday, May 29th will be paid a dividend of $0.12 per share on Friday, June 15th. This represents a $0.48 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Friday, May 25th. This is an increase from KeyCorp's previous quarterly dividend of $0.11. View KeyCorp's Dividend History.

How will KeyCorp's stock buyback program work?

KeyCorp declared that its board has initiated a share repurchase program on Thursday, June 29th 2017, which authorizes the company to buyback $800,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) released its quarterly earnings results on Thursday, April, 19th. The financial services provider reported $0.38 EPS for the quarter, hitting the Zacks' consensus estimate of $0.38. The financial services provider had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.56 billion. KeyCorp had a net margin of 19.32% and a return on equity of 11.03%. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS. 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 analysts have issued 1-year target prices for KeyCorp's shares. Their predictions range from $18.00 to $26.00. On average, they anticipate KeyCorp's share price to reach $22.4211 in the next year. 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 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 and the company's significant exposure toward risky loan portfolios remain major concerns." (6/20/2018)
  • 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 decrease in short interest in May. As of May 15th, there was short interest totalling 11,303,453 shares, a decrease of 19.5% from the April 30th total of 14,047,005 shares. Based on an average daily trading volume, of 7,697,861 shares, the short-interest ratio is presently 1.5 days. Currently, 1.1% of the company's stock 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?

Media stories about KEY stock have trended somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. KeyCorp earned a coverage optimism score of 0.02 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.34%), JPMorgan Chase & Co. (2.54%), Boston Partners (2.48%), Barrow Hanley Mewhinney & Strauss LLC (2.02%), The Manufacturers Life Insurance Company (1.28%) and LSV Asset Management (1.16%). 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 Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Russell Investments Group Ltd., Eaton Vance Management, Natixis, JPMorgan Chase & Co., Honeywell International Inc. and Lord Abbett & CO. LLC. 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 The Manufacturers Life Insurance Company, Millennium Management LLC, Thrivent Financial for Lutherans, FIL Ltd, OppenheimerFunds Inc., Neuberger Berman Group LLC, Carillon Tower Advisers Inc. and EJF Capital 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 $20.54.

How big of a company is KeyCorp?

KeyCorp has a market capitalization of $21.70 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 (KEY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  572 (Vote Outperform)
Underperform Votes:  714 (Vote Underperform)
Total Votes:  1,286
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 6/20/2018 by MarketBeat.com Staff

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