KeyCorp (KEY) Scheduled to Post Earnings on Thursday

KeyCorp (NYSE:KEY) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, January 18th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.

KeyCorp (NYSE:KEY) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. KeyCorp had a net margin of 18.69% and a return on equity of 10.35%. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the previous year, the firm posted $0.30 EPS. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. On average, analysts expect KeyCorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of KeyCorp (NYSE:KEY) opened at $21.01 on Thursday. KeyCorp has a one year low of $16.28 and a one year high of $21.28. The stock has a market cap of $22,590.00, a price-to-earnings ratio of 18.27, a P/E/G ratio of 1.65 and a beta of 1.09. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06.

The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Tuesday, November 28th were paid a dividend of $0.105 per share. This is an increase from KeyCorp’s previous quarterly dividend of $0.10. The ex-dividend date was Monday, November 27th. This represents a $0.42 annualized dividend and a yield of 2.00%. KeyCorp’s payout ratio is 36.52%.

In related news, Director Elizabeth R. Gile bought 1,374 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average price of $18.23 per share, with a total value of $25,048.02. Following the transaction, the director now owns 24,989 shares of the company’s stock, valued at $455,549.47. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Paul N. Harris sold 2,758 shares of the business’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $18.54, for a total transaction of $51,133.32. The disclosure for this sale can be found here. Insiders sold a total of 57,212 shares of company stock valued at $1,060,508 in the last three months. Insiders own 0.65% of the company’s stock.

KEY has been the topic of several analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $22.00 price target on shares of KeyCorp in a research note on Wednesday, September 27th. Morgan Stanley reaffirmed an “overweight” rating and set a $23.00 price target on shares of KeyCorp in a research note on Thursday, December 14th. ValuEngine raised shares of KeyCorp from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Oppenheimer reaffirmed a “hold” rating on shares of KeyCorp in a research note on Friday, October 20th. Finally, Zacks Investment Research downgraded shares of KeyCorp from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $21.56.

ILLEGAL ACTIVITY WARNING: “KeyCorp (KEY) Scheduled to Post Earnings on Thursday” was first reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at

About KeyCorp

KeyCorp is a bank holding company. The Company is a bank-based financial services company. The Company operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking products and services to individual, corporate and institutional clients.

Earnings History for KeyCorp (NYSE:KEY)

Receive News & Ratings for KeyCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KeyCorp and related companies with's FREE daily email newsletter.

Leave a Reply