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KeyCorp KEY Stock Quote

| Rating as of

NYSE: KEY

Last close prices updated as of Feb 01, 2023, 4:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 19.19
  • Sector Financial Services
  • Industry Banks - Regional
  • Investment Style Mid Value
  • Day Range 18.90  –  19.92
  • Year Range 15.26  –  27.10
  • Market Cap 18.4798 Bil
  • Volume / Avg 22.5 Mil /  10.3 Mil
  • Price / Sales 2.55
  • Price / Book 1.64
  • Forward Div Yield 4.27%
  • Trailing Div Yield 3.99%

Morningstar‘s Stock Analysis KEY

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

2023 Outlook Shows Net Interest Income Boom Over for KeyCorp After Fourth Quarter

Eric Compton Strategist

Analyst Note

| Eric Compton |

No-moat-rated KeyCorp reported fourth-quarter earnings per share of $0.38, missing the FactSet consensus of $0.55 as well as our own estimate of $0.60. Top-line results weren’t far off from expectations, as total revenue came in at $1.9 billion, in line with the consensus estimate of $1.93 billion. The main driver of the miss was higher provisioning, which increased to $265 million in the quarter from $109 million last quarter. We wouldn’t read too much into this, as the timing of provisioning is difficult to predict and in this case is simply related to changing economic forecasts and trying to predict stress that hasn’t occurred yet. Net charge-offs, delinquencies, and nonperforming loans were all steady during the quarter.

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Key Statistics KEY

Company Profile KEY

Business Description

With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.

Contact
127 Public Square
Cleveland, OH, 44114-1306
Industry Banks - Regional
Employees 17,907

Related Articles KEY

FAQs for KeyCorp Stock

Yes. KEY has a forward dividend yield of 4.27%. See KEY’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

KEY’s market cap is 18.48 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

KEY’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

KEY’s price/sales is 2.55.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

KEY’s price/forward earnings is 9.50.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

KEY’s price/book is 1.64.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See KEY’s valuation ratios compared to the Market Index.

KEY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare KEY’s historical performance against its industry peers and the overall market.