KeyCorp (NYSE:KEY) Stock Price Expected to Rise, Robert W. Baird Analyst Says

KeyCorp (NYSE:KEY) had its price target upped by analysts at Robert W. Baird from $19.00 to $22.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm presently has a “neutral” rating on the financial services provider’s stock. Robert W. Baird’s target price suggests a potential upside of 0.97% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. Evercore decreased their price target on shares of KeyCorp from $26.00 to $24.00 and set an “outperform” rating for the company in a research report on Monday, April 6th. Argus raised their price target on shares of KeyCorp from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup reissued a “neutral” rating on shares of KeyCorp in a research report on Wednesday, December 31st. Truist Financial decreased their price target on shares of KeyCorp from $23.00 to $22.00 and set a “hold” rating for the company in a research report on Monday, March 23rd. Finally, The Goldman Sachs Group decreased their price target on shares of KeyCorp from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $23.13.

KeyCorp Stock Up 0.5%

KEY stock opened at $21.79 on Friday. KeyCorp has a twelve month low of $13.68 and a twelve month high of $23.34. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $23.37 billion, a P/E ratio of 13.37, a PEG ratio of 0.71 and a beta of 1.07. The firm has a 50 day simple moving average of $20.72 and a 200-day simple moving average of $19.91.

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

Insider Buying and Selling

In related news, insider Andrew J. Paine III sold 65,961 shares of the firm’s stock in a transaction 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 transaction, the insider directly owned 166,583 shares in the company, valued at $3,869,723.09. This trade represents a 28.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Trina M. Evans sold 32,695 shares of the firm’s stock in a transaction 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 in the company, valued at $1,276,551.06. This trade represents a 35.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 161,506 shares of company stock worth $3,597,481 over the last ninety days. 0.56% of the stock is owned by insiders.

Hedge Funds Weigh In On KeyCorp

Several large investors have recently added to or reduced their stakes in KEY. Wellington Management Group LLP lifted its stake in KeyCorp by 90.2% during the third quarter. Wellington Management Group LLP now owns 36,370,694 shares of the financial services provider’s stock worth $679,768,000 after purchasing an additional 17,245,128 shares during the last quarter. Capital World Investors lifted its stake in KeyCorp by 169.2% during the third quarter. Capital World Investors now owns 20,788,957 shares of the financial services provider’s stock worth $388,546,000 after purchasing an additional 13,067,326 shares during the last quarter. Norges Bank bought a new position in KeyCorp during the fourth quarter worth $262,688,000. Eurizon Capital SGR S.p.A. bought a new stake in KeyCorp in the fourth quarter valued at $150,843,000. Finally, AQR Capital Management LLC boosted its holdings in shares of KeyCorp by 416.3% during the fourth quarter. AQR Capital Management LLC now owns 7,163,851 shares of the financial services provider’s stock valued at $147,862,000 after acquiring an additional 5,776,417 shares during the period. 79.69% of the stock is currently owned by institutional investors.

Key Headlines Impacting KeyCorp

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

KeyCorp Company Profile

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.