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Keycorp (KEY)
NYSE:KEY
KeyCorp (KEY) Stock Price & Analysis
1,894 Followers
KEY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.50 - $16.47
Previous Close$16.13
Volume14.59M
Average Volume (3M)12.87M
Market Cap
$15.21B
Enterprise Value$38.88B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$23.67B
Price to Earnings (P/E)21.1
Beta1.39
Next Earnings
Oct 17, 2024EPS Estimate
$0.29Next Dividend Ex-Date
Aug 27, 2024Dividend Yield5.19%
Share Statistics
EPS (TTM)0.76
Shares Outstanding942,860,462
10 Day Avg. Volume13,933,024
30 Day Avg. Volume12,865,318
Standard Deviation0.12
R-Squared0.34
Alpha-0.00650
Financial Highlights & Ratios
Price to Book (P/B)1.37
Price to Sales (P/S)2.06
Price to Cash Flow (P/CF)3.10
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.37
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$16.96Price Target Upside3.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
KeyCorp News
Bulls Say, Bears Say
Bulls Say
Earnings UpsideKEY shares offer exposure to multiple themes that could drive earnings per share (EPS) upside and stock re-rating, including significant net interest margin expansion and a pick-up in investment banking revenues.
Investment BankingFee revenue exceeded expectations, and investment banking revenue is projected to increase given strong pipelines, suggesting robust future performance in these areas.
Loan GrowthManagement highlighted optimism for loan growth stabilization and potential growth, indicating a positive outlook for the company's future lending activities.
Bears Say
Credit QualityCredit quality continues to normalize from low levels with an increase in the NCO ratio, NPL ratio, and criticized assets.
Financial PerformanceNet interest income (NII) missed consensus forecasts by approximately 1%, which combined with weaker loan growth is likely driving stock weakness.
Loan GrowthKeyCorp reported a mixed quarter and lowered its FY24 loan growth outlook as a result of tepid customer demand.
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Ownership Overview
1.16% Insiders
35.15% Mutual Funds
31.52% Other Institutional Investors
32.17% 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 $9.50 and its highest was $16.47 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 Oct 17, 2024 which is in 82 days.
How were Keycorp’s earnings last quarter?
Keycorp released its earnings results on Jul 18, 2024. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.246 by $0.004.
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 5.19%. See more information on Keycorp dividends here
What is Keycorp’s EPS estimate?
Keycorp’s EPS estimate is $0.29.
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 $0.25 in its last earnings report, beating expectations of $0.246. Following the earnings report the stock price went down -4.01%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$16.96 (3.04% Upside)
$16.96 (3.04% Upside)
Blogger Sentiment
Bullish
KEY Sentiment 61%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 17.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.13%
12-Months-Change
Fundamentals
Return on Equity
6.00%
Trailing 12-Months
Asset Growth
-3.89%
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
Q2 2024
0:00 / 0:00
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KEY Stock 12 Month Forecast
Average Price Target
$16.96
▲(3.04% Upside)
Technical Analysis
Comerica
―
Fifth Third Bancorp
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Huntington Bancshares
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Zions Bancorporation National Association
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Best Analysts Covering KEY
1 Year
1 Year Success Rate
21/32 ratings generated profit
1 Year Average Return
+19.87%
reiterated a buy rating 24 days ago
Copying Ken Usdin's trades and holding each position for 1 Year would result in 65.63% of your transactions generating a profit, with an average return of +19.87% per trade.
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