Zacks Research Issues Negative Outlook for KeyCorp Earnings

KeyCorp (NYSE:KEY) – Equities research analysts at Zacks Research reduced their FY2025 EPS estimates for shares of KeyCorp in a research report issued on Tuesday, February 11th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.51 per share for the year, down from their prior estimate of $1.55. The consensus estimate for KeyCorp’s current full-year earnings is $1.51 per share. Zacks Research also issued estimates for KeyCorp’s Q2 2026 earnings at $0.40 EPS.

A number of other analysts also recently issued reports on the stock. Piper Sandler lifted their price target on shares of KeyCorp from $19.00 to $22.00 and gave the company an “overweight” rating in a report on Tuesday, December 3rd. DA Davidson reduced their target price on shares of KeyCorp from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. The Goldman Sachs Group boosted their target price on shares of KeyCorp from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Keefe, Bruyette & Woods reduced their target price on shares of KeyCorp from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday, January 22nd. Finally, UBS Group lifted their price target on shares of KeyCorp from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.69.

KeyCorp Stock Down 0.7 %

Shares of NYSE KEY opened at $17.48 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.77. The firm’s fifty day moving average is $17.63 and its two-hundred day moving average is $17.30. KeyCorp has a 52-week low of $13.10 and a 52-week high of $20.04.

KeyCorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Tuesday, March 4th will be given a $0.205 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $0.82 annualized dividend and a yield of 4.69%. KeyCorp’s dividend payout ratio (DPR) is -273.32%.

Insider Transactions at KeyCorp

In other KeyCorp news, Director Of Nova Scotia Bank purchased 50,000 shares of the stock in a transaction dated Wednesday, February 5th. The stock was purchased at an average price of $17.85 per share, with a total value of $892,500.00. Following the transaction, the director now owns 162,983,726 shares of the company’s stock, valued at approximately $2,909,259,509.10. This trade represents a 0.03 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On KeyCorp

Several hedge funds have recently modified their holdings of KEY. Wolff Wiese Magana LLC raised its stake in shares of KeyCorp by 285.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 1,542 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 1,142 shares in the last quarter. Whittier Trust Co. raised its stake in shares of KeyCorp by 110.3% during the 4th quarter. Whittier Trust Co. now owns 1,525 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 800 shares in the last quarter. Ethos Financial Group LLC bought a new position in shares of KeyCorp during the 4th quarter worth approximately $27,000. American Capital Advisory LLC bought a new position in shares of KeyCorp during the 3rd quarter worth approximately $28,000. Finally, Larson Financial Group LLC raised its stake in shares of KeyCorp by 90.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,929 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 918 shares in the last quarter. 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.