KeyCorp (KEY) Expected to Announce Quarterly Earnings on Monday
KeyCorp (NYSE:KEY - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Monday, July 21st. Analysts expect the company to announce earnings of $0.34 per share and revenue of $1.81 billion for the quarter.
KeyCorp (NYSE:KEY - Get Free Report) last posted its earnings results on Thursday, April 17th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.01. The company had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.77 billion. KeyCorp had a positive return on equity of 9.43% and a negative net margin of 0.12%. During the same period last year, the business posted $0.20 earnings per share. On average, analysts expect KeyCorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
KEY stock opened at $18.34 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.83 and a current ratio of 0.84. The stock has a market capitalization of $20.10 billion, a price-to-earnings ratio of -107.88, a PEG ratio of 0.68 and a beta of 1.11. KeyCorp has a 1 year low of $12.73 and a 1 year high of $20.04. The stock's fifty day moving average is $16.52 and its two-hundred day moving average is $16.36.
The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, May 27th were paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date was Tuesday, May 27th. KeyCorp's payout ratio is -482.35%.
In other KeyCorp news, insider Mohit Ramani purchased 10,000 shares of the company's stock in a transaction on Monday, April 21st. The shares were purchased at an average cost of $13.75 per share, for a total transaction of $137,500.00. Following the completion of the transaction, the insider owned 10,000 shares in the company, valued at $137,500. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carlton L. Highsmith sold 5,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $16.60, for a total transaction of $83,000.00. Following the completion of the sale, the director owned 37,177 shares in the company, valued at approximately $617,138.20. This trade represents a 11.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.52% of the stock is owned by company insiders.
An institutional investor recently raised its position in KeyCorp stock. Woodline Partners LP boosted its holdings in KeyCorp (NYSE:KEY - Free Report) by 41.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,156 shares of the financial services provider's stock after acquiring an additional 24,627 shares during the quarter. Woodline Partners LP's holdings in KeyCorp were worth $1,346,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 79.69% of the company's stock.
KEY has been the topic of a number of recent research reports. Cowen initiated coverage on KeyCorp in a research note on Wednesday, May 14th. They issued a "hold" rating on the stock. UBS Group upgraded KeyCorp from a "neutral" rating to a "buy" rating and raised their target price for the company from $16.00 to $22.00 in a research note on Tuesday, July 8th. Bank of America raised their target price on KeyCorp from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Monday, June 16th. Barclays cut their target price on KeyCorp from $21.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Finally, TD Cowen started coverage on shares of KeyCorp in a research note on Thursday, May 15th. They set a "hold" rating and a $18.00 price objective on the stock. Eleven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, KeyCorp currently has a consensus rating of "Moderate Buy" and an average price target of $19.18.
View Our Latest Research Report on 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.
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