Zacks Research Comments on KeyCorp's Q2 Earnings (NYSE:KEY)

KeyCorp (NYSE:KEY - Free Report) - Equities researchers at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of KeyCorp in a research report issued to clients and investors on Monday, January 20th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $0.37 per share for the quarter, up from their prior estimate of $0.36. The consensus estimate for KeyCorp's current full-year earnings is $1.10 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.

A number of other brokerages also recently commented on KEY. Stephens reaffirmed an "overweight" rating and set a $20.00 price target on shares of KeyCorp in a research report on Wednesday. Barclays raised their target price on KeyCorp from $19.00 to $21.00 and gave the company an "equal weight" rating in a research report on Monday, January 6th. DA Davidson cut their price target on shares of KeyCorp from $22.00 to $21.00 and set a "buy" rating on the stock in a report on Wednesday. Royal Bank of Canada restated an "outperform" rating and set a $18.00 price objective on shares of KeyCorp in a report on Wednesday. Finally, Wedbush boosted their target price on shares of KeyCorp from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, KeyCorp currently has an average rating of "Moderate Buy" and an average price target of $19.58.

KeyCorp Stock Down 1.4 %

NYSE:KEY traded down $0.25 on Wednesday, hitting $17.40. The stock had a trading volume of 7,294,165 shares, compared to its average volume of 13,454,664. KeyCorp has a 1 year low of $13.10 and a 1 year high of $20.04. The firm's fifty day simple moving average is $18.13 and its two-hundred day simple moving average is $17.06. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $17.24 billion, a P/E ratio of 1,738.50, a price-to-earnings-growth ratio of 0.69 and a beta of 1.27.

Hedge Funds Weigh In On KeyCorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KEY. Wolff Wiese Magana LLC raised its position in shares of KeyCorp by 285.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider's stock valued at $26,000 after buying an additional 1,142 shares in the last quarter. American Capital Advisory LLC bought a new position in KeyCorp in the third quarter valued at $28,000. Larson Financial Group LLC increased its stake in KeyCorp by 90.8% in the third quarter. Larson Financial Group LLC now owns 1,929 shares of the financial services provider's stock valued at $32,000 after acquiring an additional 918 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new stake in KeyCorp during the third quarter valued at about $35,000. Finally, Capital Performance Advisors LLP bought a new stake in KeyCorp during the third quarter worth about $38,000. 79.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Carlton L. Highsmith sold 9,000 shares of the company's stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $17.14, for a total transaction of $154,260.00. Following the sale, the director now owns 37,864 shares of the company's stock, valued at approximately $648,988.96. This represents a 19.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Angela G. Mago sold 15,011 shares of the firm's stock in a transaction on Wednesday, November 6th. The shares were 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 directly owns 234,582 shares of the company's stock, valued at approximately $4,595,461.38. The trade was a 6.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

KeyCorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Tuesday, March 4th will be paid a dividend of $0.205 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 4.71%. KeyCorp's payout ratio is 8,200.00%.

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.