Zacks Research Has Weak Outlook for KeyCorp FY2025 Earnings

KeyCorp (NYSE:KEY) – Equities researchers at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for KeyCorp in a research note issued to investors on Thursday, May 8th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.37 per share for the year, down from their previous forecast of $1.47. The consensus estimate for KeyCorp’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for KeyCorp’s Q4 2025 earnings at $0.37 EPS, Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.41 EPS, FY2026 earnings at $1.65 EPS, Q1 2027 earnings at $0.41 EPS and FY2027 earnings at $1.75 EPS.

KeyCorp (NYSE:KEY) last announced its earnings results on Thursday, April 17th. The financial services provider reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.77 billion. KeyCorp had a positive return on equity of 8.73% and a negative net margin of 2.52%. During the same quarter in the previous year, the business earned $0.20 EPS.

Other research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods cut their price objective on shares of KeyCorp from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Monday, April 21st. StockNews.com raised shares of KeyCorp from a “sell” rating to a “hold” rating in a research report on Monday, April 21st. Evercore ISI set a $17.00 price objective on shares of KeyCorp in a research note on Monday, April 28th. Barclays dropped their target price on KeyCorp from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Monday, April 21st. Finally, Baird R W upgraded KeyCorp from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.97.

KeyCorp Stock Performance

NYSE:KEY opened at $15.48 on Monday. The firm has a market capitalization of $16.97 billion, a PE ratio of -51.60, a PEG ratio of 0.65 and a beta of 1.08. The stock’s fifty day moving average is $15.06 and its 200 day moving average is $16.92. KeyCorp has a fifty-two week low of $12.73 and a fifty-two week high of $20.04. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.84 and a current ratio of 0.85.

KeyCorp announced that its Board of Directors has authorized a share repurchase plan on Thursday, March 13th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at KeyCorp

In other KeyCorp news, insider Mohit Ramani bought 10,000 shares of the business’s stock in a transaction on Monday, April 21st. The shares were acquired at an average price of $13.75 per share, with a total value of $137,500.00. Following the transaction, the insider now owns 10,000 shares of the company’s stock, valued at approximately $137,500. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On KeyCorp

Several hedge funds have recently modified their holdings of the business. Whittier Trust Co. raised its stake in KeyCorp by 110.3% in the fourth quarter. Whittier Trust Co. now owns 1,525 shares of the financial services provider’s stock worth $26,000 after buying an additional 800 shares in the last quarter. Ethos Financial Group LLC bought a new stake in KeyCorp during the 4th quarter valued at $27,000. Fourth Dimension Wealth LLC purchased a new position in shares of KeyCorp in the 4th quarter valued at $28,000. SBI Securities Co. Ltd. bought a new position in shares of KeyCorp in the 4th quarter worth $34,000. Finally, FSC Wealth Advisors LLC purchased a new stake in shares of KeyCorp during the 1st quarter worth $34,000. Hedge funds and other institutional investors own 79.69% of the company’s stock.

About KeyCorp

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.