NYSE:KEY - KeyCorp Stock Price, Forecast & News

KeyCorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEY."

KeyCorp announced a quarterly dividend on Thursday, January 16th. Stockholders of record on Tuesday, March 3rd will be given a dividend of $0.185 per share on Friday, March 13th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Monday, March 2nd. View KeyCorp's Dividend History.

KeyCorp announced that its board has initiated a stock repurchase program on Thursday, June 28th 2018, which permits the company to repurchase $1,225,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

KeyCorp (NYSE:KEY) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.48 EPS for the quarter, meeting the Zacks' consensus estimate of $0.48. The financial services provider earned $1.64 billion during the quarter, compared to analyst estimates of $1.65 billion. KeyCorp had a return on equity of 12.58% and a net margin of 22.06%. KeyCorp's quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.48 EPS. View KeyCorp's Earnings History.

KeyCorp is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for KeyCorp.

20 brokers have issued 1-year price targets for KeyCorp's stock. Their forecasts range from $17.00 to $40.00. On average, they expect KeyCorp's share price to reach $24.58 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View Analyst Price Targets for KeyCorp.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 2 sell ratings, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KeyCorp.

Headlines about KEY stock have trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. KeyCorp earned a news impact score of -1.4 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for KeyCorp.

KeyCorp saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 13,780,000 shares, a decrease of 6.6% from the December 15th total of 14,760,000 shares. Based on an average daily volume of 8,410,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.4% of the company's shares are sold short. View KeyCorp's Current Options Chain.

Some companies that are related to KeyCorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), TCF Financial (TCF) and Western Alliance Bancorporation (WAL).

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), NVIDIA (NVDA), General Electric (GE), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Ford Motor (F) and Johnson & Johnson (JNJ).

KeyCorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hamlin Capital Management LLC (0.39%), Hexavest Inc. (0.23%), LGT Capital Partners LTD. (0.16%), New York State Teachers Retirement System (0.15%), Zurcher Kantonalbank Zurich Cantonalbank (0.13%) and Ferguson Wellman Capital Management Inc. (0.08%). 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, Donald R Kimble, Douglas M Schosser, Edward J Burke, H James Dallas, Mark W Midkiff, Paul N Harris, Robert A Deangelis 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 Sumitomo Mitsui DS Asset Management Company Ltd, Zeke Capital Advisors LLC, LGT Capital Partners LTD., Verity & Verity LLC, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Janney Capital Management LLC and Manning & Napier Group LLC. Company insiders that have sold KeyCorp company stock in the last year include Amy G Brady, Andrew J Paine III, Angela G Mago, Beth E Mooney, Carlton L Highsmith, Douglas M Schosser, Paul N Harris, Robert A Deangelis and Trina M Evans. View Insider Buying and Selling for KeyCorp.

KEY stock was acquired by a variety of institutional investors in the last quarter, including United Services Automobile Association, Hamlin Capital Management LLC, Three Peaks Capital Management LLC, GPM Growth Investors Inc., Pennsylvania Trust Co, Zurcher Kantonalbank Zurich Cantonalbank, CENTRAL TRUST Co and Wealthfront Advisers LLC. Company insiders that have bought KeyCorp stock in the last two years include Beth E Mooney, Donald R Kimble, H James Dallas and Mark W Midkiff. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of KEY stock can currently be purchased for approximately $19.29.

KeyCorp has a market capitalization of $19.00 billion and generates $7.69 billion in revenue each year. The financial services provider earns $1.87 billion in net income (profit) each year or $1.80 on an earnings per share basis. KeyCorp employs 18,180 workers across the globe.View Additional Information About KeyCorp.

The official website for KeyCorp is http://www.key.com/.

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]