Zacks Research Comments on KeyCorp’s Q1 Earnings (NYSE:KEY)

KeyCorp (NYSE:KEY) – Investment analysts at Zacks Research reduced their Q1 2025 earnings estimates for KeyCorp in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.33 per share for the quarter, down from their prior estimate of $0.34. The consensus estimate for KeyCorp’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for KeyCorp’s Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.47 EPS, FY2026 earnings at $1.69 EPS and FY2027 earnings at $1.90 EPS.

Other equities analysts also recently issued research reports about the stock. Stephens reissued an “overweight” rating and set a $20.00 price target on shares of KeyCorp in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods decreased their target price on shares of KeyCorp from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Wednesday, January 22nd. Wells Fargo & Company lifted their price target on KeyCorp from $20.00 to $22.00 and gave the company an “overweight” rating in a report on Friday, November 15th. DA Davidson reduced their price objective on KeyCorp from $22.00 to $21.00 and set a “buy” rating for the company in a research report on Wednesday, January 22nd. Finally, Citigroup cut KeyCorp from a “buy” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Thursday, November 7th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, KeyCorp has a consensus rating of “Moderate Buy” and an average target price of $19.69.

KeyCorp Price Performance

KEY opened at $17.00 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.77. The company’s 50-day moving average price is $17.47 and its 200 day moving average price is $17.46. KeyCorp has a fifty-two week low of $13.10 and a fifty-two week high of $20.04. The firm has a market cap of $16.85 billion, a price-to-earnings ratio of -56.65, a price-to-earnings-growth ratio of 0.65 and a beta of 1.26.

Institutional Trading of KeyCorp

Several hedge funds and other institutional investors have recently modified their holdings of KEY. Whittier Trust Co. increased its position in KeyCorp by 110.3% in the 4th quarter. Whittier Trust Co. now owns 1,525 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 800 shares during the last quarter. Ethos Financial Group LLC acquired a new position in KeyCorp in the fourth quarter worth approximately $27,000. American Capital Advisory LLC bought a new position in KeyCorp during the third quarter valued at approximately $28,000. Fourth Dimension Wealth LLC bought a new position in KeyCorp during the fourth quarter valued at approximately $28,000. Finally, Larson Financial Group LLC grew its position in KeyCorp by 90.8% in the third 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. 79.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Of Nova Scotia Bank bought 50,000 shares of the firm’s stock in a transaction on Wednesday, February 5th. The stock was bought at an average price of $17.85 per share, with a total value of $892,500.00. Following the purchase, the director now directly owns 162,983,726 shares of the company’s stock, valued at approximately $2,909,259,509.10. This represents a 0.03 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.67% of the stock is owned by corporate insiders.

KeyCorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.205 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.82 annualized dividend and a yield of 4.82%. KeyCorp’s dividend payout ratio (DPR) is presently -273.33%.

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.