KeyCorp Stock Price, News & Analysis (NYSE:KEY)

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

KeyCorp announced a quarterly dividend on Wednesday, July 17th. Stockholders of record on Tuesday, August 27th will be given a dividend of $0.185 per share on Friday, September 13th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Monday, August 26th. This is a boost from KeyCorp's previous quarterly dividend of $0.17. View KeyCorp's Dividend History.

KeyCorp declared that its Board of Directors has authorized a stock buyback plan on Thursday, June 28th 2018, which authorizes the company to buyback $1,225,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

KeyCorp (NYSE:KEY) issued its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $0.48 EPS for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.02. The financial services provider earned $1.63 billion during the quarter, compared to analysts' expectations of $1.64 billion. KeyCorp had a net margin of 21.93% and a return on equity of 12.71%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.45 earnings per share. View KeyCorp's Earnings History.

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

22 brokers have issued 1 year target prices for KeyCorp's shares. Their predictions range from $17.00 to $40.00. On average, they expect KeyCorp's share price to reach $23.93 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View Analyst Price Targets for KeyCorp.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KeyCorp in the last year. There are currently 1 sell rating, 11 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for KeyCorp.

News stories about KEY stock have trended negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KeyCorp earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for KeyCorp.

KeyCorp saw a decrease in short interest in the month of September. As of September 15th, there was short interest totalling 13,110,000 shares, a decrease of 22.2% from the August 15th total of 16,850,000 shares. Based on an average daily volume of 9,120,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.3% of the shares of the stock are short sold. View KeyCorp's Current Options Chain.

Some companies that are related to KeyCorp include PNC Financial Services Group (PNC), BB&T (BBT), 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), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other KeyCorp investors own include Bank of America (BAC), Cisco Systems (CSCO), Intel (INTC), Ford Motor (F), General Electric (GE), Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), JPMorgan Chase & Co. (JPM) and Home Depot (HD).

KeyCorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hamlin Capital Management LLC (0.34%), Envestnet Asset Management Inc. (0.25%), Hexavest Inc. (0.22%), LGT Capital Partners LTD. (0.17%), Raub Brock Capital Management LP (0.12%) and Zurcher Kantonalbank Zurich Cantonalbank (0.12%). 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, Craig A Buffie, Donald R Kimble, Douglas M Schosser, Edward J Burke, Elizabeth R Gile, H James Dallas, Mark W Midkiff, Paul N Harris and Robert A Deangelis. View Institutional Ownership Trends for KeyCorp.

KEY stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, LGT Capital Partners LTD., KG&L Capital Management LLC, Hendley & Co. Inc., State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Tributary Capital Management LLC and CHURCHILL MANAGEMENT Corp. 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 and Robert A Deangelis. View Insider Buying and Selling for KeyCorp.

KEY stock was bought by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Zurcher Kantonalbank Zurich Cantonalbank, Bogart Wealth LLC, Sigma Investment Counselors Inc., Robeco Institutional Asset Management B.V., Envestnet Asset Management Inc., Zeke Capital Advisors LLC and Virginia Retirement Systems ET AL. Company insiders that have bought KeyCorp stock in the last two years include Beth E Mooney, Donald R Kimble, Elizabeth R Gile, 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 $18.29.

KeyCorp has a market capitalization of $18.34 billion and generates $7.39 billion in revenue each year. The financial services provider earns $1.87 billion in net income (profit) each year or $1.73 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]