FY2025 EPS Estimates for KeyCorp Raised by Zacks Research

KeyCorp (NYSE:KEY) – Investment analysts at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for shares of KeyCorp in a report issued on Tuesday, August 12th. Zacks Research analyst R. Department now expects that the financial services provider will earn $1.39 per share for the year, up from their prior forecast of $1.37. 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 $0.36 EPS, Q2 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.66 EPS, Q1 2027 earnings at $0.43 EPS and Q2 2027 earnings at $0.45 EPS.

KeyCorp (NYSE:KEY) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. KeyCorp had a return on equity of 9.65% and a net margin of 1.49%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company earned $0.25 EPS. The firm’s quarterly revenue was up 20.6% on a year-over-year basis.

A number of other research analysts also recently weighed in on the stock. DA Davidson raised their price target on shares of KeyCorp from $19.00 to $21.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. Citigroup reissued a “neutral” rating and set a $20.00 target price (up from $19.00) on shares of KeyCorp in a research report on Thursday, July 24th. UBS Group raised KeyCorp from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $16.00 to $22.00 in a research report on Tuesday, July 8th. Baird R W downgraded KeyCorp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 2nd. Finally, Robert W. Baird lowered KeyCorp from an “outperform” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a report on Wednesday, July 2nd. Twelve analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $19.39.

KeyCorp Price Performance

NYSE KEY opened at $18.23 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $19.99 billion, a PE ratio of -260.43, a price-to-earnings-growth ratio of 0.63 and a beta of 1.13. KeyCorp has a 12-month low of $12.73 and a 12-month high of $20.04. The company has a 50 day moving average price of $17.51 and a two-hundred day moving average price of $16.48.

KeyCorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a $0.205 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $0.82 annualized dividend and a dividend yield of 4.5%. KeyCorp’s dividend payout ratio (DPR) is presently -1,171.43%.

Insider Transactions at KeyCorp

In other news, CEO Christopher M. Gorman sold 112,149 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $18.86, for a total value of $2,115,130.14. Following the sale, the chief executive officer owned 619,895 shares in the company, valued at approximately $11,691,219.70. This trade represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Amy G. Brady sold 19,000 shares of the firm’s stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $16.09, for a total transaction of $305,710.00. Following the completion of the sale, the insider owned 82,523 shares in the company, valued at approximately $1,327,795.07. The trade was a 18.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 148,149 shares of company stock worth $2,738,230. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On KeyCorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Quantum Portfolio Management LLC boosted its stake in KeyCorp by 12.7% during the second quarter. Quantum Portfolio Management LLC now owns 29,797 shares of the financial services provider’s stock worth $519,000 after buying an additional 3,349 shares in the last quarter. StoneX Group Inc. increased its holdings in KeyCorp by 1.6% in the 2nd quarter. StoneX Group Inc. now owns 136,879 shares of the financial services provider’s stock valued at $2,384,000 after buying an additional 2,116 shares during the period. Cresset Asset Management LLC increased its holdings in KeyCorp by 6.5% in the 2nd quarter. Cresset Asset Management LLC now owns 15,097 shares of the financial services provider’s stock valued at $263,000 after buying an additional 926 shares during the period. Marshall Wace LLP increased its holdings in KeyCorp by 2,258.4% in the 2nd quarter. Marshall Wace LLP now owns 2,572,980 shares of the financial services provider’s stock valued at $44,821,000 after buying an additional 2,463,880 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in KeyCorp by 58.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,148 shares of the financial services provider’s stock valued at $90,000 after buying an additional 1,890 shares during the period. Institutional investors and hedge funds 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.