FY2025 EPS Estimates for KeyCorp Cut by Zacks Research

KeyCorp (NYSE:KEY) – Equities researchers at Zacks Research decreased their FY2025 earnings per share (EPS) estimates for KeyCorp in a research note issued to investors on Thursday, May 8th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $1.37 per share for the year, down from their previous forecast of $1.47. The consensus estimate for KeyCorp’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for KeyCorp’s Q4 2025 earnings at $0.37 EPS, Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.39 EPS, Q3 2026 earnings at $0.41 EPS, FY2026 earnings at $1.65 EPS, Q1 2027 earnings at $0.41 EPS and FY2027 earnings at $1.75 EPS.

KeyCorp (NYSE:KEY) last announced its earnings results on Thursday, April 17th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. KeyCorp had a positive return on equity of 8.73% and a negative net margin of 2.52%. The business had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the previous year, the business earned $0.20 earnings per share.

KEY has been the subject of a number of other reports. Barclays reduced their target price on shares of KeyCorp from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Monday, April 21st. Evercore ISI set a $17.00 price objective on shares of KeyCorp in a research note on Monday, April 28th. Keefe, Bruyette & Woods decreased their target price on shares of KeyCorp from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Monday, April 21st. Morgan Stanley reaffirmed an “equal weight” rating on shares of KeyCorp in a report on Thursday, April 17th. Finally, Baird R W raised KeyCorp from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $18.97.

KeyCorp Stock Performance

KEY stock opened at $16.62 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.85 and a quick ratio of 0.84. KeyCorp has a 1-year low of $12.73 and a 1-year high of $20.04. The business has a 50-day moving average price of $15.08 and a 200 day moving average price of $16.91. The company has a market capitalization of $18.21 billion, a P/E ratio of -55.40, a PEG ratio of 0.65 and a beta of 1.08.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Franklin Resources Inc. raised its holdings in shares of KeyCorp by 340.0% during the third quarter. Franklin Resources Inc. now owns 413,011 shares of the financial services provider’s stock worth $7,186,000 after purchasing an additional 319,155 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in KeyCorp by 27.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,270 shares of the financial services provider’s stock valued at $1,780,000 after buying an additional 22,609 shares during the period. Czech National Bank increased its position in shares of KeyCorp by 13.7% during the 4th quarter. Czech National Bank now owns 214,923 shares of the financial services provider’s stock valued at $3,684,000 after purchasing an additional 25,856 shares during the period. Brookstone Capital Management boosted its stake in KeyCorp by 6.3% during the fourth quarter. Brookstone Capital Management now owns 12,415 shares of the financial services provider’s stock valued at $213,000 after buying an additional 734 shares in the last quarter. Finally, Wedmont Private Capital acquired a new position in shares of KeyCorp in the 4th quarter worth approximately $169,000. Institutional investors and hedge funds own 79.69% of the company’s stock.

Insider Activity

In other KeyCorp news, insider Mohit Ramani bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 21st. The stock was purchased at an average price of $13.75 per share, with a total value of $137,500.00. Following the transaction, the insider now owns 10,000 shares in the company, valued at $137,500. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.52% of the company’s stock.

KeyCorp announced that its Board of Directors has approved a stock repurchase plan on Thursday, March 13th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase up to 6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership 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.