NYSE:KEY

KeyCorp Stock Forecast, Price & News

$20.68
+0.08 (+0.39 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$20.62
Now: $20.68
$20.99
50-Day Range
$19.26
MA: $20.44
$21.29
52-Week Range
$9.05
Now: $20.68
$21.81
Volume7.96 million shs
Average Volume9.14 million shs
Market Capitalization$19.85 billion
P/E Ratio17.98
Dividend Yield3.56%
Beta1.58
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides 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 comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of February 25, 2021, it operated through a network of approximately 1,000 branches and 1,400 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
KeyCorp logo

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP49326710
Phone(216) 689-3000
Employees17,785
Year Founded1994

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.69 billion
Cash Flow$2.39 per share
Book Value$15.37 per share

Profitability

Net Income$1.72 billion

Miscellaneous

Market Cap$19.85 billion
Next Earnings Date4/20/2021 (Confirmed)
OptionableOptionable

Headlines

KeyCorp (NYSE:KEY) Sees Significant Decline in Short Interest
April 18, 2021 |  americanbankingnews.com
KeyCorp (NYSE:KEY) PT Raised to $22.00 at Barclays
April 7, 2021 |  americanbankingnews.com
Stephens Raises KeyCorp (NYSE:KEY) Price Target to $23.00
March 30, 2021 |  americanbankingnews.com
KeyBank and Laurel Road Launch Digital Bank for Doctors
March 30, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.38 out of 5 stars

Finance Sector

38th out of 1,953 stocks

National Commercial Banks Industry

6th out of 164 stocks

Analyst Opinion: 2.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
$20.68
+0.08 (+0.39 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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KeyCorp (NYSE:KEY) Frequently Asked Questions

Is KeyCorp a buy right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last twelve months. There are currently 3 sell ratings, 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than KeyCorp?

Wall Street analysts have given KeyCorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but KeyCorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting KeyCorp?

KeyCorp saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 12,050,000 shares, a drop of 20.8% from the March 15th total of 15,220,000 shares. Based on an average trading volume of 9,140,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.3% of the company's stock are short sold.
View KeyCorp's Short Interest
.

When is KeyCorp's next earnings date?

KeyCorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for KeyCorp
.

How can I listen to KeyCorp's earnings call?

KeyCorp will be holding an earnings conference call on Tuesday, April 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were KeyCorp's earnings last quarter?

KeyCorp (NYSE:KEY) announced its quarterly earnings results on Wednesday, January, 20th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.14. The financial services provider earned $1.84 billion during the quarter, compared to analyst estimates of $1.71 billion. KeyCorp had a net margin of 16.38% and a trailing twelve-month return on equity of 7.87%. During the same quarter last year, the business earned $0.48 earnings per share.
View KeyCorp's earnings history
.

How has KeyCorp's stock been impacted by Coronavirus (COVID-19)?

KeyCorp's stock was trading at $12.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KEY shares have increased by 68.8% and is now trading at $20.68.
View which stocks have been most impacted by COVID-19
.

How often does KeyCorp pay dividends? What is the dividend yield for KeyCorp?

KeyCorp announced a quarterly dividend on Thursday, January 14th. Stockholders of record on Tuesday, March 2nd will be paid a dividend of $0.185 per share on Monday, March 15th. This represents a $0.74 annualized dividend and a yield of 3.58%. The ex-dividend date is Monday, March 1st.
View KeyCorp's dividend history
.

Is KeyCorp a good dividend stock?

KeyCorp pays an annual dividend of $0.74 per share and currently has a dividend yield of 3.56%. KeyCorp does not yet have a strock track record of dividend growth. The dividend payout ratio of KeyCorp is 41.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KeyCorp will have a dividend payout ratio of 47.13% next year. This indicates that KeyCorp will be able to sustain or increase its dividend.
View KeyCorp's dividend history.

How will KeyCorp's stock buyback program work?

KeyCorp declared that its Board of Directors has approved a stock buyback plan on Thursday, January 21st 2021, which permits the company to buyback $900,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

What price target have analysts set for KEY?

21 brokerages have issued twelve-month price targets for KeyCorp's stock. Their forecasts range from $10.00 to $30.00. On average, they expect KeyCorp's share price to reach $21.48 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price.
View analysts' price targets for KeyCorp
or view top-rated stocks among Wall Street analysts.

Who are KeyCorp's key executives?

KeyCorp's management team includes the following people:
  • Mr. Christopher Marrott Gorman, Chairman, Pres & CEO (Age 60, Pay $2.67M) (LinkedIn Profile)
  • Mr. Donald R. Kimble Jr., CFO & Chief Admin. Officer (Age 61, Pay $2.72M) (LinkedIn Profile)
  • Ms. Amy G. Brady, Chief Information Officer & Exec. VP (Age 54, Pay $1.8M) (LinkedIn Profile)
  • Mr. Andrew Jackson Paine III, Exec. VP & Head of Institutional Bank (Age 51, Pay $2.07M)
  • Ms. Angela G. Mago, Head of Commercial Bank (Age 55, Pay $1.77M) (LinkedIn Profile)
  • Mr. Douglas M. Schosser CPA, Chief Accounting Officer & Exec. Officer (Age 51)
  • Mr. Vernon L. Patterson, Exec. VP of Investor Relations
  • Ms. Susan E. Donlan, Chief Communications Officer
  • Mr. Brian L. Fishel, Chief Human Resource Officer & Exec. VP (Age 55) (LinkedIn Profile)
  • Mr. Jeffery J. Weaver, Head of Qualitative Risk - Risk Management & Exec. VP

What is Chris Gorman's approval rating as KeyCorp's CEO?

70 employees have rated KeyCorp CEO Chris Gorman on Glassdoor.com. Chris Gorman has an approval rating of 85% among KeyCorp's employees.

Who are some of KeyCorp's key competitors?

What other stocks do shareholders of KeyCorp own?

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).

What is KeyCorp's stock symbol?

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

Who are KeyCorp's major shareholders?

KeyCorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hamlin Capital Management LLC (0.55%), Miller Howard Investments Inc. NY (0.33%), Wedge Capital Management L L P NC (0.16%), CHURCHILL MANAGEMENT Corp (0.05%), Royal London Asset Management Ltd. (0.04%) and Retirement Systems of Alabama (0.04%). 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, Kevin Thomas Ryan, Paul N Harris, Ruth Ann M Gillis and Trina M Evans.
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 Hamlin Capital Management LLC, KG&L Capital Management LLC, Retirement Systems of Alabama, CX Institutional, CHURCHILL MANAGEMENT Corp, Hartford Financial Management Inc., Mcdonald Partners LLC, and Huntington National Bank. Company insiders that have sold KeyCorp company stock in the last year include Angela G Mago, and Trina M Evans.
View insider buying and selling activity for KeyCorp
or view top insider-selling stocks.

Which major investors are buying KeyCorp stock?

KEY stock was bought by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, DnB Asset Management AS, Calamos Wealth Management LLC, Bogart Wealth LLC, Crescent Capital Consulting LLC, Royal London Asset Management Ltd., Everence Capital Management Inc., and NuWave Investment Management LLC. 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.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is KeyCorp's stock price today?

One share of KEY stock can currently be purchased for approximately $20.68.

How much money does KeyCorp make?

KeyCorp has a market capitalization of $19.85 billion and generates $7.69 billion in revenue each year. The financial services provider earns $1.72 billion in net income (profit) each year or $1.80 on an earnings per share basis.

How many employees does KeyCorp have?

KeyCorp employs 17,785 workers across the globe.

When was KeyCorp founded?

KeyCorp was founded in 1994.

What is KeyCorp's official website?

The official website for KeyCorp is www.key.com.

Where are KeyCorp's headquarters?

KeyCorp is headquartered at 127 PUBLIC SQ, CLEVELAND OH, 44114.

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]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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