Zacks Research Has Positive Outlook for KeyCorp Q2 Earnings

KeyCorp (NYSE:KEY) – Investment analysts at Zacks Research lifted their Q2 2025 earnings estimates for shares of KeyCorp in a research report issued on Tuesday, April 1st. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $0.37 for the quarter, up from their previous forecast of $0.36. 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 $0.38 EPS.

Other research analysts have also issued reports about the company. Stephens reiterated an “overweight” rating and set a $20.00 price target on shares of KeyCorp in a report on Wednesday, January 22nd. DA Davidson dropped their price objective 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. Morgan Stanley lowered their price target on KeyCorp from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 13th. Royal Bank of Canada reiterated an “outperform” rating and issued a $18.00 price objective on shares of KeyCorp in a research report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods cut their target price on KeyCorp from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Wednesday, January 22nd. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $19.42.

KeyCorp Stock Up 1.8 %

KEY stock opened at $16.08 on Thursday. KeyCorp has a 52-week low of $13.11 and a 52-week high of $20.04. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.85 and a quick ratio of 0.84. The stock has a market capitalization of $17.77 billion, a price-to-earnings ratio of -53.60, a price-to-earnings-growth ratio of 0.65 and a beta of 1.26. The company has a 50-day moving average of $16.82 and a two-hundred day moving average of $17.41.

Institutional Investors Weigh In On KeyCorp

A number of institutional investors have recently made changes to their positions in the stock. Whittier Trust Co. lifted its stake in KeyCorp by 110.3% in the fourth quarter. Whittier Trust Co. now owns 1,525 shares of the financial services provider’s stock valued at $26,000 after buying an additional 800 shares in the last quarter. Ethos Financial Group LLC bought a new position in KeyCorp during the 4th quarter worth about $27,000. Fourth Dimension Wealth LLC bought a new position in KeyCorp during the 4th quarter worth about $28,000. SBI Securities Co. Ltd. bought a new stake in shares of KeyCorp in the fourth quarter valued at about $34,000. Finally, TCTC Holdings LLC boosted its position in shares of KeyCorp by 38.6% during the fourth quarter. TCTC Holdings LLC now owns 2,195 shares of the financial services provider’s stock worth $38,000 after buying an additional 611 shares during the period. 79.69% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at KeyCorp

In other KeyCorp news, Director Of Nova Scotia Bank acquired 50,000 shares of KeyCorp stock in a transaction on Wednesday, February 5th. The shares were purchased at an average cost of $17.85 per share, with a total value of $892,500.00. Following the completion of the purchase, the director now owns 162,983,726 shares in the company, valued at $2,909,259,509.10. The trade was a 0.03 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by company insiders.

KeyCorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, March 4th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 5.10%. KeyCorp’s payout ratio is -273.33%.

KeyCorp declared that its Board of Directors has approved a stock buyback program on Thursday, March 13th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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.