KeyCorp (NYSE:KEY) Stock Price Expected to Rise, DA Davidson Analyst Says

KeyCorp (NYSE:KEY) had its target price raised by equities research analysts at DA Davidson from $25.00 to $26.00 in a research note issued on Friday, Marketbeat.com reports. The firm currently has a “buy” rating on the financial services provider’s stock. DA Davidson’s price target points to a potential upside of 19.33% from the stock’s current price.

Several other brokerages have also recently commented on KEY. Wells Fargo & Company set a $18.00 price target on KeyCorp and gave the company an “underperform” rating in a research note on Tuesday, January 6th. Morgan Stanley reduced their target price on KeyCorp from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, March 31st. Jefferies Financial Group boosted their target price on KeyCorp from $21.00 to $23.00 and gave the stock a “hold” rating in a report on Friday. Weiss Ratings upgraded KeyCorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. reduced their target price on KeyCorp from $24.50 to $22.50 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, KeyCorp currently has an average rating of “Moderate Buy” and a consensus price target of $23.13.

KeyCorp Trading Up 0.5%

Shares of NYSE KEY opened at $21.79 on Friday. The stock has a market cap of $23.37 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 0.71 and a beta of 1.07. The business has a 50 day simple moving average of $20.72 and a 200 day simple moving average of $19.91. KeyCorp has a 52 week low of $13.68 and a 52 week high of $23.34. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 0.83.

KeyCorp (NYSE:KEY) last announced its quarterly earnings results on Thursday, April 16th. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.93 billion. KeyCorp had a return on equity of 10.80% and a net margin of 17.03%.The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS. On average, research analysts predict that KeyCorp will post 1.5 earnings per share for the current fiscal year.

Insider Transactions at KeyCorp

In other news, insider Andrew J. Paine III sold 65,961 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $23.23, for a total transaction of $1,532,274.03. Following the completion of the transaction, the insider directly owned 166,583 shares in the company, valued at $3,869,723.09. The trade was a 28.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Trina M. Evans sold 32,695 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $21.74, for a total value of $710,789.30. Following the transaction, the director owned 58,719 shares of the company’s stock, valued at approximately $1,276,551.06. This trade represents a 35.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 161,506 shares of company stock worth $3,597,481 over the last three months. 0.56% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. MCF Advisors LLC raised its stake in shares of KeyCorp by 31.6% in the fourth quarter. MCF Advisors LLC now owns 1,898 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 456 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in shares of KeyCorp by 1.7% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 28,498 shares of the financial services provider’s stock valued at $588,000 after purchasing an additional 486 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of KeyCorp by 19.0% in the fourth quarter. Harbour Investments Inc. now owns 3,180 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 508 shares in the last quarter. Centennial Wealth Advisory LLC raised its stake in shares of KeyCorp by 1.2% in the fourth quarter. Centennial Wealth Advisory LLC now owns 44,986 shares of the financial services provider’s stock valued at $929,000 after purchasing an additional 524 shares in the last quarter. Finally, CoreCap Advisors LLC raised its stake in shares of KeyCorp by 4.6% in the fourth quarter. CoreCap Advisors LLC now owns 12,198 shares of the financial services provider’s stock valued at $252,000 after purchasing an additional 539 shares in the last quarter. 79.69% of the stock is currently owned by institutional investors and hedge funds.

KeyCorp News Summary

Here are the key news stories impacting KeyCorp this week:

• Positive Sentiment: Q1 beat on both top and bottom lines — EPS $0.44 vs. $0.41 consensus and revenue $1.95B (+10.2% y/y). Loan growth and rising net interest income were key drivers of the beat. KEY Q1 Earnings Beat
• Positive Sentiment: Share repurchase program and capital return: Key repurchased $389M in Q1 and signaled at least $1.3B of buybacks for 2026, supporting EPS recovery and shareholder return expectations. Buyback Signal
• Positive Sentiment: Broker upgrades/price target lifts: Multiple firms raised targets (Goldman Sachs and DA Davidson to $26; RBC to $24; Jefferies, Baird nudged targets), a near‑term support for the stock from analysts. Analyst Target Changes
• Neutral Sentiment: Management tone: CEO Chris Gorman described the consumer as “in good shape” on TV, offering reassurance on consumer demand even as certain business lines face headwinds. CEO Interview
• Neutral Sentiment: Operational metrics: NIM guidance and targets (management is targeting ~3.05% exit NIM), CET1 ~11.4%, and quarter‑end loans rose meaningfully — important context for medium‑term profitability but not an immediate catalyst. Q1 Press Release
• Negative Sentiment: Costs and provisions rose and expenses remain elevated; management flagged mixed capital ratios — these factors temper margin upside and valuation multiple expansion. Deep Dive
• Negative Sentiment: Weakness in investment‑banking / M&A fees and guidance caution led to an initial shares dip after the print; deal activity uncertainty is a risk for fee income going forward. Guidance Concerns

About KeyCorp

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.

The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.