Zacks Research Brokers Raise Earnings Estimates for KeyCorp

KeyCorp (NYSE:KEY) – Equities researchers at Zacks Research increased their Q2 2025 earnings estimates for KeyCorp in a research note issued to investors on Monday, January 20th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.37 per share for the quarter, up from their previous estimate of $0.36. The consensus estimate for KeyCorp’s current full-year earnings is $1.56 per share. Zacks Research also issued estimates for KeyCorp’s FY2025 earnings at $1.55 EPS, Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.49 EPS and FY2026 earnings at $1.72 EPS.

Several other research firms have also recently weighed in on KEY. Truist Financial initiated coverage on shares of KeyCorp in a research report on Tuesday, January 7th. They set a “hold” rating and a $19.00 price objective on the stock. The Goldman Sachs Group lifted their price target on KeyCorp from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Keefe, Bruyette & Woods reduced their price objective on KeyCorp from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Wednesday. Citigroup cut KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $18.00 target price on shares of KeyCorp in a research note on Wednesday. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, KeyCorp presently has a consensus rating of “Moderate Buy” and an average price target of $19.58.

KeyCorp Trading Up 1.0 %

Shares of KeyCorp stock opened at $17.47 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.88 and a quick ratio of 0.88. KeyCorp has a 1 year low of $13.10 and a 1 year high of $20.04. The firm has a market cap of $17.32 billion, a PE ratio of -58.24, a PEG ratio of 0.67 and a beta of 1.27. The company has a 50 day simple moving average of $18.10 and a two-hundred day simple moving average of $17.06.

KeyCorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Tuesday, March 4th will be given a $0.205 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 annualized dividend and a dividend yield of 4.69%. KeyCorp’s dividend payout ratio is -273.32%.

Insider Activity

In other KeyCorp news, insider Angela G. Mago sold 15,011 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $19.59, for a total transaction of $294,065.49. Following the completion of the transaction, the insider now owns 234,582 shares of the company’s stock, valued at approximately $4,595,461.38. This trade represents a 6.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Carlton L. Highsmith sold 9,000 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $17.14, for a total transaction of $154,260.00. Following the completion of the transaction, the director now owns 37,864 shares of the company’s stock, valued at approximately $648,988.96. The trade was a 19.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On KeyCorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of KeyCorp by 14.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 657,913 shares of the financial services provider’s stock valued at $10,928,000 after acquiring an additional 85,052 shares in the last quarter. Avanza Fonder AB bought a new position in KeyCorp in the 4th quarter valued at approximately $1,618,000. MBB Public Markets I LLC purchased a new stake in KeyCorp during the 2nd quarter valued at $981,000. Dai ichi Life Insurance Company Ltd bought a new stake in shares of KeyCorp in the 3rd quarter worth $798,000. Finally, Prospector Partners LLC purchased a new position in shares of KeyCorp in the third quarter worth $9,630,000. Hedge funds and other institutional investors own 79.69% of the company’s stock.

KeyCorp Company Profile

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; commercial leasing, investment management, consumer finance; 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.