Royal Bank Of Canada Forecasts Strong Price Appreciation for KeyCorp (NYSE:KEY) Stock

KeyCorp (NYSE:KEY) had its target price boosted by stock analysts at Royal Bank Of Canada from $22.00 to $24.00 in a report released on Friday, Marketbeat.com reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price target points to a potential upside of 10.15% from the stock’s previous close.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. cut their target price on KeyCorp from $24.50 to $22.50 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Citigroup reiterated a “neutral” rating on shares of KeyCorp in a research report on Wednesday, December 31st. Truist Financial cut their target price on KeyCorp from $23.00 to $22.00 and set a “hold” rating for the company in a research report on Monday, March 23rd. Argus upped their target price on KeyCorp from $21.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings upgraded KeyCorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Twelve analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.13.

KeyCorp Stock Performance

NYSE:KEY opened at $21.79 on Friday. The stock has a fifty day moving average price of $20.72 and a 200-day moving average price of $19.91. The company 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 company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 0.83. KeyCorp has a fifty-two week low of $13.68 and a fifty-two week high of $23.34.

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

Insider Transactions at KeyCorp

In other news, insider Angela G. Mago sold 62,850 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $21.55, for a total transaction of $1,354,417.50. Following the completion of the transaction, the insider owned 261,415 shares of the company’s stock, valued at approximately $5,633,493.25. The trade was a 19.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew J. Paine III sold 65,961 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $23.23, for a total value of $1,532,274.03. Following the transaction, the insider directly owned 166,583 shares of the company’s stock, valued at $3,869,723.09. This trade represents a 28.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 161,506 shares of company stock valued at $3,597,481. Corporate insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On KeyCorp

A number of institutional investors have recently modified their holdings of the business. MCF Advisors LLC raised its holdings in shares of KeyCorp by 31.6% during the 4th quarter. MCF Advisors LLC now owns 1,898 shares of the financial services provider’s stock worth $39,000 after buying an additional 456 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in KeyCorp by 1.7% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 28,498 shares of the financial services provider’s stock worth $588,000 after purchasing an additional 486 shares in the last quarter. Harbour Investments Inc. increased its holdings in KeyCorp by 19.0% in the 4th quarter. Harbour Investments Inc. now owns 3,180 shares of the financial services provider’s stock worth $66,000 after purchasing an additional 508 shares in the last quarter. Centennial Wealth Advisory LLC increased its holdings in KeyCorp by 1.2% in the 4th quarter. Centennial Wealth Advisory LLC now owns 44,986 shares of the financial services provider’s stock worth $929,000 after purchasing an additional 524 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in KeyCorp by 4.6% in the 4th quarter. CoreCap Advisors LLC now owns 12,198 shares of the financial services provider’s stock worth $252,000 after purchasing an additional 539 shares in the last quarter. Institutional investors and hedge funds own 79.69% of the company’s stock.

KeyCorp News Roundup

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.