Zacks Research Brokers Raise Earnings Estimates for KeyCorp

KeyCorp (NYSE:KEY) – Equities researchers at Zacks Research boosted their Q2 2025 EPS estimates for shares of KeyCorp in a note issued to investors on Tuesday, April 1st. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $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 $1.50 per share. Zacks Research also issued estimates for KeyCorp’s Q3 2025 earnings at $0.38 EPS.

A number of other equities research analysts have also weighed in on the company. Morgan Stanley reduced their price objective on KeyCorp from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 13th. JPMorgan Chase & Co. reduced their price target on KeyCorp from $18.50 to $16.50 and set a “neutral” rating on the stock in a report on Thursday. Barclays raised their price objective on shares of KeyCorp from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Monday, January 6th. Royal Bank of Canada reissued an “outperform” rating and set a $18.00 target price on shares of KeyCorp in a report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of KeyCorp from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 22nd. Eight investment analysts have rated the stock with a hold rating and eleven have issued 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 $19.31.

KeyCorp Stock Performance

Shares of KeyCorp stock opened at $13.45 on Thursday. The company’s 50 day moving average price is $16.67 and its two-hundred day moving average price is $17.36. The firm has a market capitalization of $14.74 billion, a P/E ratio of -44.83, a P/E/G ratio of 0.65 and a beta of 1.06. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.85 and a quick ratio of 0.84. KeyCorp has a fifty-two week low of $12.73 and a fifty-two week high of $20.04.

Hedge Funds Weigh In On KeyCorp

Several large investors have recently bought and sold shares of the stock. Whittier Trust Co. raised its holdings in shares of KeyCorp by 110.3% in the fourth quarter. Whittier Trust Co. now owns 1,525 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 800 shares during the last quarter. Ethos Financial Group LLC purchased a new stake in KeyCorp in the 4th quarter valued at about $27,000. Fourth Dimension Wealth LLC bought a new position in shares of KeyCorp during the 4th quarter worth approximately $28,000. SBI Securities Co. Ltd. purchased a new position in shares of KeyCorp in the 4th quarter worth approximately $34,000. Finally, TCTC Holdings LLC grew its holdings in shares of KeyCorp by 38.6% in the fourth quarter. TCTC Holdings LLC now owns 2,195 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 611 shares in the last quarter. 79.69% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Of Nova Scotia Bank bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were bought at an average price of $17.85 per share, with a total value of $892,500.00. Following the completion of the transaction, the director now directly owns 162,983,726 shares in the company, valued at approximately $2,909,259,509.10. This represents a 0.03 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.61% of the company’s stock.

KeyCorp announced that its Board of Directors has approved a share buyback program on Thursday, March 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

KeyCorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.205 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a yield of 6.10%. KeyCorp’s dividend payout ratio (DPR) is currently -273.33%.

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.