About KeyCorp (NYSE:KEY)
KeyCorp is a bank holding company. The Company is a bank-based financial services company. The Company operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking products and services to individual, corporate and institutional clients. Its segments include Key Community Bank and Key Corporate Bank. Key Community Bank serves individuals and small to mid-sized businesses by offering a range of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services. Key Corporate Bank is a full-service corporate and investment bank focused on serving the needs of middle market clients in industry sectors, which include consumer, energy, healthcare, industrial, public sector, real estate and technology.
Industry, Sector and Symbol
Trailing P/E Ratio16.2936507936508
Forward P/E Ratio12.29
Sales & Book Value
Annual Sales$6.87 billion
Price / Sales3.20
Cash Flow$1.44 per share
Price / Cash14.24
Book Value$13.10 per share
Price / Book1.57
Net Income$1.30 billion
Return on Equity10.66%
Return on Assets1.10%
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 Thursday, January 11th. Investors of record on Tuesday, February 27th will be paid a dividend of $0.105 per share on Thursday, March 15th. This represents a $0.42 annualized dividend and a yield of 2.05%. The ex-dividend date is Monday, February 26th. View KeyCorp's Dividend History.
How will KeyCorp's stock buyback program work?
KeyCorp announced that its board has approved a share buyback plan on Thursday, June 29th 2017, which allows the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were KeyCorp's earnings last quarter?
KeyCorp (NYSE:KEY) announced its quarterly earnings data on Thursday, January, 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.36. The financial services provider earned $1.59 billion during the quarter, compared to the consensus estimate of $1.58 billion. KeyCorp had a return on equity of 10.66% and a net margin of 18.06%. During the same period last year, the company earned $0.31 EPS. View KeyCorp's Earnings History.
When will KeyCorp make its next earnings announcement?
Where is KeyCorp's stock going? Where will KeyCorp's stock price be in 2018?
22 Wall Street analysts have issued 1 year price objectives for KeyCorp's shares. Their forecasts range from $18.00 to $26.00. On average, they expect KeyCorp's share price to reach $22.03 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. Also, the company has an impressive earnings surprise history, not lagging the Zacks Consensus Estimate in three of the trailing four quarters. The company’s fourth-quarter 2017 results benefited from higher revenues and stable expenses. The bank remains well positioned for revenue growth, given a rising rate environment and improving loan and deposit balances. Improving credit quality and enhanced capital deployment activities are the other positives. Also, corporate tax rate cut will aid profitability to some extent. However, persistently increasing expenses owing to investments in franchise and acquisitions are likely to hurt bottom-line growth. Further, the company's significant exposure toward risky loan portfolios remains a major cause of concern." (2/13/2018)
- 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)
Who are some of KeyCorp's key competitors?
Some companies that are related to KeyCorp include BB&T (BBT), Banco Santander Brasil (BSBR), Canadian Imperial Bank of Commerce (CM), Barclays (BARC), Deutsche Bank (DB), SunTrust Banks (STI), Royal Bank of Scotland Group (RBS), ICICI Bank (IBN), M&T Bank (MTB), Standard Chartered (STAN), KB Financial Group (KB), Regions Financial (RF), Shinhan Financial Group (SHG), Credicorp (BAP), Banco de Chile (BCH), Huntington Bancshares (HBAN), Comerica (CMA) and Banco Santander-Chile (BSAC).
Who are KeyCorp's key executives?
KeyCorp's management team includes the folowing people:
- Beth E. Mooney, Chairman of the Board, Chief Executive Officer (Age 62)
- Donald R. Kimble Jr., Vice Chairman of the Board, Chief Financial Officer (Age 56)
- Christopher M. Gorman, Vice Chairman and President of Banking (Age 56)
- Kathleen Terrell, Chief Human Resource Officer, Executive Officer (Age 49)
- Clark H. I. Khayat, Executive Vice President and Chief Strategy Officer (Age 43)
- Douglas M. Schosser, Chief Accounting Officer, Executive Officer (Age 46)
- Amy G. Brady, Chief Information Officer (Age 50)
- Mark W. Midkiff, Chief Risk Officer
- Paul N. Harris, General Counsel, Executive Officer, Secretary (Age 58)
- Edward J. Burke, Co-President, Commercial and Private Banking of Key’s Community Bank and Executive Officer (Age 60)
Who owns KeyCorp stock?
KeyCorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.48%), Boston Partners (2.44%), Barrow Hanley Mewhinney & Strauss LLC (2.19%), Bank of New York Mellon Corp (1.42%), Bessemer Group Inc. (1.32%) and LSV Asset Management (1.10%). 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, Charles P Cooley, Christopher M Gorman, Craig A Buffie, David K Wilson, Elizabeth R Gile, Mark W Midkiff, Paul N Harris and Ruth Ann M Gillis. View Institutional Ownership Trends for KeyCorp.
Who sold KeyCorp stock? Who is selling KeyCorp stock?
KeyCorp's stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Standard Life Aberdeen plc, BlackRock Inc., Credit Agricole S A, Teacher Retirement System of Texas, UBS Asset Management Americas Inc., Schroder Investment Management Group and LSV Asset Management. 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 and Paul N Harris. View Insider Buying and Selling for KeyCorp.
Who bought KeyCorp stock? Who is buying KeyCorp stock?
KeyCorp's stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Eaton Vance Management, Two Sigma Investments LP, APG Asset Management N.V., Renaissance Technologies LLC, Bessemer Group Inc., Honeywell International Inc. and Cramer Rosenthal Mcglynn LLC. Company insiders that have bought KeyCorp stock in the last two years include Alexander M Cutler, Bruce D Broussard, Charles P Cooley, 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 KeyCorp stock?
Shares of KeyCorp 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 KeyCorp stock can currently be purchased for approximately $20.53.
How big of a company is KeyCorp?
KeyCorp has a market capitalization of $22.08 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 $1.26 on an earnings per share basis. KeyCorp employs 15,700 workers across the globe.
How can I contact KeyCorp?
KeyCorp's mailing address is 127 Public Sq, CLEVELAND, OH 44114-1306, United States. The financial services provider can be reached via phone at +1-216-6896300 or via email at [email protected]
MarketBeat Community Rating for KeyCorp (KEY)MarketBeat's community ratings are surveys of what our community members think about KeyCorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
KeyCorp (NYSE:KEY) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Hold|
|Consensus Rating Score: ||2.68||2.64||2.43||2.44|
|Ratings Breakdown: ||1 Sell Rating(s)|
5 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
6 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
9 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
10 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$22.03||$21.92||$20.68||$20.09|
|Price Target Upside: ||1.36% upside||2.46% upside||13.30% upside||10.86% upside|
KeyCorp (NYSE:KEY) Consensus Price Target History
KeyCorp (NYSE:KEY) Analyst Ratings History
(Data available from 2/22/2016 forward)
KeyCorp (NYSE:KEY) Earnings History and Estimates Chart
KeyCorp (NYSE KEY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/18/2018||Q4 2017||$0.36||$0.36||$1.58 billion||$1.59 billion||View||Listen|
|10/19/2017||Q3 2017||$0.35||$0.35||$1.56 billion||$1.55 billion||View||N/A|
|7/20/2017||Q2 2017||$0.34||$0.34||$1.53 billion||$1.64 billion||View||N/A|
|4/20/2017||Q1 2017||$0.28||$0.32||$1.47 billion||$1.51 billion||View||N/A|
|1/19/2017||Q416||$0.29||$0.31||$1.45 billion||$1.56 billion||View||N/A|
|10/25/2016||Q316||$0.26||$0.30||$1.28 billion||$1.34 billion||View||Listen|
|7/26/2016||Q216||$0.27||$0.27||$1.09 billion||$1.07 billion||View||Listen|
|4/21/2016||Q116||$0.25||$0.24||$1.06 billion||$1.04 billion||View||Listen|
|1/21/2016||Q415||$0.28||$0.27||$1.09 billion||$1.10 billion||View||Listen|
|10/15/2015||Q315||$0.27||$0.26||$1.05 billion||$1.07 billion||View||Listen|
|7/16/2015||Q215||$0.28||$0.27||$1.05 billion||$1.08 billion||View||Listen|
|4/16/2015||Q115||$0.26||$0.26||$1.03 billion||$1.01 billion||View||N/A|
|1/22/2015||Q414||$0.26||$0.28||$1.04 billion||$1.07 billion||View||N/A|
|10/15/2014||Q314||$0.26||$0.26||$1.04 billion||$998.00 million||View||Listen|
|7/17/2014||Q214||$0.25||$0.27||$1.02 billion||$1.03 billion||View||N/A|
|4/17/2014||Q114||$0.24||$0.26||$1.01 billion||$1,000.00 million||View||N/A|
|1/22/2014||Q413||$0.24||$0.28||$1.03 billion||$1.04 billion||View||N/A|
|10/16/2013||Q313||$0.22||$0.25||$1.02 billion||$1.04 billion||View||N/A|
|7/18/2013||Q2 2013||$0.20||$0.24||$1.02 billion||$1.02 billion||View||N/A|
|4/18/2013||Q1 2013||$0.19||$0.22||$1.03 billion||$1.01 billion||View||Listen|
|1/24/2013||Q4 2012||$0.22||$0.21||$1.06 billion||$1.07 billion||View||Listen|
KeyCorp (NYSE:KEY) Earnings Estimates
2018 EPS Consensus Estimate: $1.63
2019 EPS Consensus Estimate: $1.77
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
KeyCorp (NYSE:KEY) Dividend Information
|Dividend Growth:||15.00% (3 Year Average)|
|Payout Ratio:||33.33% (Trailing 12 Months of Earnings) |
25.15% (Based on This Year's Estimates)
23.08% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
KeyCorp (NYSE:KEY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
KeyCorp (NYSE KEY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.65%
Institutional Ownership Percentage: 81.08%
KeyCorp (NYSE KEY) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/15/2018||Christopher M Gorman||Insider||Sell||56,038||$20.97||$1,175,116.86|| |
|1/29/2018||Mark W Midkiff||Insider||Buy||458||$21.83||$9,998.14||458|| |
|1/22/2018||Craig A Buffie||Insider||Sell||11,819||$21.21||$250,680.99||51,791|| |
|11/22/2017||Elizabeth R Gile||Director||Buy||1,374||$18.23||$25,048.02||24,989|| |
|11/3/2017||Carlton L Highsmith||Director||Sell||7,600||$18.39||$139,764.00||68,725|| |
|10/25/2017||Paul N. Harris||General Counsel||Sell||2,758||$18.54||$51,133.32|| |
|10/24/2017||Andrew J Paine III||Insider||Sell||46,854||$18.56||$869,610.24||110,052|| |
|8/14/2017||Ruth Ann M Gillis||Director||Buy||2,000||$17.91||$35,820.00||10,551|| |
|8/8/2017||Angela G. Mago||Insider||Sell||5,000||$18.48||$92,400.00|| |
|8/7/2017||Amy G. Brady||Insider||Sell||18,000||$18.42||$331,560.00|| |
|8/4/2017||Paul N. Harris||General Counsel||Sell||205,024||$18.56||$3,805,245.44|| |
|8/3/2017||Ruth Ann M Gillis||Director||Buy||3,000||$18.00||$54,000.00||10,551|| |
|7/28/2017||Craig A. Buffie||Insider||Sell||31,385||$18.01||$565,243.85|| |
|7/28/2017||David K Wilson||Director||Buy||3,500||$17.87||$62,545.00||15,000|| |
|7/26/2017||Bruce D Broussard||Director||Buy||2,500||$18.17||$45,425.00||12,500|| |
|7/25/2017||Alexander M Cutler||Director||Buy||5,000||$18.55||$92,750.00||55,000|| |
|2/8/2017||Ruth Ann M Gillis||Director||Buy||4,800||$17.66||$84,768.00||5,934|| |
|5/23/2016||Charles P Cooley||Director||Buy||5,000||$12.41||$62,050.00||25,000|| |
|5/16/2016||Alexander M Cutler||Director||Buy||15,000||$11.86||$177,900.00||50,000|| |
|5/5/2016||Elizabeth R Gile||Director||Buy||13,000||$11.87||$154,310.00||23,495|| |
|2/18/2016||Ruth Ann M Gillis||Director||Buy||8,300||$10.63||$88,229.00||11,700|| |
|2/8/2016||Joseph A. Carrabba||Director||Buy||10,000||$10.60||$106,000.00|| |
|2/4/2016||Barbara R Snyder||Director||Buy||7,000||$10.75||$75,250.00||13,817|| |
|2/2/2016||David K Wilson||Director||Buy||6,000||$10.78||$64,680.00||11,500|| |
|1/26/2016||Bruce D Broussard||Director||Buy||10,000||$10.90||$109,000.00||10,000|| |
|1/25/2016||Beth E Mooney||CEO||Buy||20,000||$11.22||$224,400.00||494,861|| |
|1/25/2016||Charles P Cooley||Director||Buy||15,000||$10.95||$164,250.00||20,000|| |
|5/11/2015||Ruth Ann M Gillis||Director||Buy||5,200||$14.71||$76,492.00|| |
|1/27/2015||Ruth Ann M Gillis||Director||Buy||1,000||$13.26||$13,260.00|| |
|10/17/2014||Beth E Mooney||CEO||Buy||20,000||$12.32||$246,400.00|| |
|10/17/2014||Ruth Ann M Gillis||Director||Buy||1,000||$12.20||$12,200.00|| |
|7/23/2014||Demos Parneros||Director||Buy||4,000||$13.63||$54,520.00|| |
|7/22/2014||David K Wilson||Director||Buy||1,500||$13.56||$20,340.00|| |
|7/21/2014||Ruth Ann M Gillis||Director||Buy||1,000||$13.65||$13,650.00|| |
|5/15/2014||Charles Cooley||Director||Buy||2,000||$13.15||$26,300.00||5,000|| |
|2/4/2014||Joseph Carrabba||Director||Buy||1,500||$12.56||$18,840.00||8,362|| |
|10/21/2013||Ruth Ann M Gillis||Director||Buy||1,000||$12.59||$12,590.00|| |
|10/18/2013||Charles P Cooley||Director||Buy||2,000||$12.48||$24,960.00|| |
|8/20/2013||Alexander Cutler||Director||Buy||5,000||$11.95||$59,750.00||20,000|| |
|8/12/2013||Alexander Cutler||Director||Buy||5,000||$12.18||$60,900.00||15,000|| |
|8/9/2013||Donald Kimble||CFO||Buy||17,000||$12.28||$208,760.00||17,000|| |
|5/13/2013||Jeffrey B Weeden||CFO||Sell||276,000||$10.38||$2,864,880.00|| |
KeyCorp (NYSE KEY) News Headlines
KeyCorp (NYSE:KEY) SEC Filings
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KeyCorp (NYSE:KEY) Income Statement, Balance Sheet and Cash Flow Statement
KeyCorp (NYSE KEY) Stock Chart for Thursday, February, 22, 2018