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Keycorp (KEY)
NYSE:KEY
KeyCorp (KEY) Stock Price & Analysis
1,886 Followers
KEY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.07 - $16.47
Previous Close$15.59
Volume20.29M
Average Volume (3M)13.18M
Market Cap
$14.70B
Enterprise Value$37.31B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$22.61B
Price to Earnings (P/E)20.4
Beta1.39
Next Earnings
Oct 17, 2024EPS Estimate
$0.3Next Dividend Ex-Date
Aug 27, 2024Dividend Yield5.26%
Share Statistics
EPS (TTM)0.76
Shares Outstanding942,860,462
10 Day Avg. Volume13,933,024
30 Day Avg. Volume13,175,093
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/Revenue7.72
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$16.79Price Target Upside7.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
KeyCorp News
Bulls Say, Bears Say
Bulls Say
EarningsKEY reported 2Q24 core EPS of $0.25 with the beat driven by higher fees and lower expenses.
Investment BankingFee revenue was better than expected, and investment banking revenue is expected to pick up given strong pipelines.
Net Interest IncomeKEY on track for '10%+ y/y' growth in NII for 4Q24, an important number that investors have been focused on.
Bears Say
Credit QualityCredit quality continues to normalize from low levels with NCO ratio, NPL ratio, and criticized assets all up q/q.
Loan GrowthKeyCorp reported a mixed quarter and lowered its FY24 loan growth outlook as a result of tepid customer demand.
Strategic ConcernsLong-term skepticism remains due to KEY's hodgepodge footprint, raising questions about its consumer strategy and new push in private wealth.
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Ownership Overview
1.16% Insiders
35.13% Mutual Funds
30.37% Other Institutional Investors
33.34% 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 $9.07 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 88 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 5.26%. See more information on Keycorp dividends here
What is Keycorp’s EPS estimate?
Keycorp’s EPS estimate is $0.3.
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:
$16.79 (7.70% Upside)
$16.79 (7.70% Upside)
Blogger Sentiment
Bullish
KEY Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 17.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.80%
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
$16.79
▲(7.70% Upside)
Technical Analysis
Comerica
―
Fifth Third Bancorp
―
Huntington Bancshares
―
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
+19.85%
reiterated a buy rating 19 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 +19.85% per trade.
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