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Keycorp (KEY)
NYSE:KEY
KeyCorp (KEY) Stock Price & Analysis
1,853 Followers
KEY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.53 - $15.63
Previous Close$13.36
Volume14.81M
Average Volume (3M)12.06M
Market Cap
$12.60B
Enterprise Value$35.20B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$22.61B
Price to Earnings (P/E)17.0
Beta1.28
Next Earnings
Jul 18, 2024EPS Estimate
$0.26Last Dividend Ex-Date
May 24, 2024Dividend Yield6.14%
Share Statistics
EPS (TTM)0.78
Shares Outstanding942,860,462
10 Day Avg. Volume12,475,771
30 Day Avg. Volume12,056,961
Standard Deviation0.12
R-Squared0.34
Alpha-0.00650
Financial Highlights & Ratios
Price to Book (P/B)1.35
Price to Sales (P/S)2.03
Price to Cash Flow (P/CF)3.00
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.29
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$16.58Price Target Upside22.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
KeyCorp News
Bulls Say, Bears Say
Bulls Say
Dividend PayoutMeeting with the CEO and CFO reinforced the view that KEY will grow into its targeted dividend payout ratio (40%-50% vs. >100% in 1Q24) given what's likely to be among the best EPS growth in the industry.
Earnings GrowthEPS growth set to accelerate with a forecast implying 50%+ year-over-year growth by 4Q24.
Revenue GenerationThe investment banking division reported its best first quarter ever, which is a strong positive signal for the company's revenue generation capabilities.
Bears Say
Credit CostsCredit costs may be heading towards the upper end of its NCO guidance and there was an uptick in criticized loans with the SNC review.
Financial Performance1Q24 NII is coming in sluggish at a low-single-digit growth rate.
Liquidity And Lending ActivitiesThe decline in noninterest bearing deposits and a decrease in loans and deposits suggest a challenging environment for liquidity and lending activities.
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Ownership Overview
1.15% Insiders
34.18% Mutual Funds
46.42% Other Institutional Investors
18.25% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KEY FAQ
What was Keycorp’s price range in the past 12 months?
Keycorp lowest stock price was $8.53 and its highest was $15.63 in the past 12 months.
What is Keycorp’s market cap?
Currently, no data Available
When is Keycorp’s upcoming earnings report date?
Keycorp’s upcoming earnings report date is Jul 18, 2024 which is in 30 days.
How were Keycorp’s earnings last quarter?
Keycorp released its earnings results on Apr 18, 2024. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.225 by -$0.005.
Is Keycorp overvalued?
According to Wall Street analysts Keycorp’s price is currently Undervalued.
Does Keycorp pay dividends?
Keycorp pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 6.14%. See more information on Keycorp dividends here
What is Keycorp’s EPS estimate?
Keycorp’s EPS estimate is $0.26.
How many shares outstanding does Keycorp have?
Keycorp has 942,860,500 shares outstanding.
What happened to Keycorp’s price movement after its last earnings report?
Keycorp reported an EPS of $0.22 in its last earnings report, missing expectations of $0.225. Following the earnings report the stock price went down -0.281%.
Which hedge fund is a major shareholder of Keycorp?
Among the largest hedge funds holding Keycorp’s share is Diamond Hill Capital Management Inc. It holds Keycorp’s shares valued at 286M.
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KeyCorp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.58 (22.27% Upside)
$16.58 (22.27% Upside)
Blogger Sentiment
Bullish
KEY Sentiment 69%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 17.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.87%
12-Months-Change
Fundamentals
Return on Equity
6.04%
Trailing 12-Months
Asset Growth
-5.08%
Trailing 12-Months
Company Description
Keycorp
KeyCorp operates as bank holding company. The company operates through the following segments: Consumer Bank and Commercial Bank. The Consumer Bank segment offers deposit and investment products, personal finance and financial wellness services, lending, mortgage and home equity, student loan refinancing, credit card, treasury services, and business advisory services. The Commercial Bank segment engages in serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate, and technology The company was founded in 1958 and is headquartered in Cleveland, OH.
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KEY Company Deck
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KEY Earnings Call
Q1 2024
0:00 / 0:00
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KEY Stock 12 Month Forecast
Average Price Target
$16.58
▲(22.27% Upside)
Technical Analysis
Comerica
―
Fifth Third Bancorp
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Regions Financial
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Zions Bancorporation National Association
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Best Analysts Covering KEY
1 Year
1 Year Success Rate
18/31 ratings generated profit
1 Year Average Return
+19.58%
reiterated a buy rating 2 months ago
Copying Ken Usdin's trades and holding each position for 1 Year would result in 58.06% of your transactions generating a profit, with an average return of +19.58% per trade.
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