What is Zacks Research’s Forecast for KeyCorp Q3 Earnings?

KeyCorp (NYSE:KEYFree Report) – Analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for KeyCorp in a research note issued to investors on Monday, January 20th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $0.39 for the quarter, down from their prior estimate of $0.40. The consensus estimate for KeyCorp’s current full-year earnings is $1.56 per share.

Other analysts also recently issued research reports about the company. Baird R W downgraded KeyCorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 14th. UBS Group increased their price objective 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. Robert W. Baird lowered shares of KeyCorp from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $18.00 to $17.00 in a report on Monday, October 14th. Barclays boosted their price objective on KeyCorp from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Monday, January 6th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $18.00 price target on shares of KeyCorp in a research report on Wednesday. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.58.

Check Out Our Latest Research Report on KEY

KeyCorp Stock Performance

KEY opened at $17.32 on Thursday. The company has a market cap of $17.16 billion, a P/E ratio of -57.71, a price-to-earnings-growth ratio of 0.67 and a beta of 1.27. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.09. The firm’s 50-day moving average price is $18.10 and its 200-day moving average price is $17.06. KeyCorp has a 52-week low of $13.10 and a 52-week high of $20.04.

Institutional Trading of KeyCorp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KEY. Charles Schwab Investment Management Inc. lifted its stake in KeyCorp by 3.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,606,503 shares of the financial services provider’s stock worth $529,409,000 after acquiring an additional 993,942 shares in the last quarter. Earnest Partners LLC boosted its stake in shares of KeyCorp by 23.2% in the second quarter. Earnest Partners LLC now owns 12,430,048 shares of the financial services provider’s stock valued at $176,631,000 after purchasing an additional 2,339,454 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of KeyCorp by 3.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,114,598 shares of the financial services provider’s stock valued at $119,170,000 after purchasing an additional 222,187 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of KeyCorp by 108.3% in the third quarter. Thrivent Financial for Lutherans now owns 5,852,233 shares of the financial services provider’s stock valued at $98,025,000 after acquiring an additional 3,042,060 shares in the last quarter. Finally, Azora Capital LP purchased a new position in shares of KeyCorp in the 3rd quarter valued at about $92,413,000. Hedge funds and other institutional investors own 79.69% of the company’s stock.

Insider Buying and Selling at KeyCorp

In other news, insider Angela G. Mago sold 15,011 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $19.59, for a total transaction of $294,065.49. Following the completion of the sale, the insider now owns 234,582 shares in the company, valued at $4,595,461.38. This trade represents a 6.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carlton L. Highsmith sold 9,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $17.14, for a total value of $154,260.00. Following the transaction, the director now owns 37,864 shares of the company’s stock, valued at approximately $648,988.96. This represents a 19.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by insiders.

KeyCorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors 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 4.74%. KeyCorp’s dividend payout ratio is presently -273.32%.

KeyCorp Company Profile

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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.

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Earnings History and Estimates for KeyCorp (NYSE:KEY)

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