KeyCorp (NYSE:KEY) Stock Rating Lowered by Wall Street Zen

Posted by Francis Steltz on Oct 19th, 2026

KeyCorp (NYSE:KEY – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Several other analysts have also recently commented on KEY. Jefferies Financial Group decreased their price objective on shares of KeyCorp from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Thursday, September 24th. Weiss Ratings downgraded shares of KeyCorp from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Morgan Stanley increased their price objective on shares of KeyCorp from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Truist Financial cut their price objective on shares of KeyCorp from $24.00 to $23.00 and set a “hold” rating on the stock in a research note on Wednesday, September 23rd. Finally, Keefe, Bruyette & Woods raised their target price on shares of KeyCorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, KeyCorp has an average rating of “Moderate Buy” and an average price target of $46.33.

Check Out Our Latest Report on KEY

KeyCorp Trading Down 0.1%

KeyCorp stock opened at $19.98 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.63. KeyCorp has a 52 week low of $16.79 and a 52 week high of $24.07. The company has a market capitalization of $21.32 billion, a price-to-earnings ratio of 11.61, a price-to-earnings-growth ratio of 0.75 and a beta of 1.08. The stock has a 50-day moving average price of $21.27 and a 200 day moving average price of $21.83.

KeyCorp (NYSE:KEY – Get Free Report) last issued its earnings results on Tuesday, July 21st. The financial services provider reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. KeyCorp had a return on equity of 11.23% and a net margin of 17.83%. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same quarter in the prior year, the firm earned $0.35 earnings per share. KeyCorp’s revenue for the quarter was up 6.7% on a year-over-year basis. Sell-side analysts anticipate that KeyCorp will post 1.83 EPS for the current year.

Institutional Trading of KeyCorp

A number of hedge funds have recently modified their holdings of KEY. Bank of Nova Scotia lifted its stake in shares of KeyCorp by 0.6% in the 1st quarter. Bank of Nova Scotia now owns 162,996,326 shares of the financial services provider’s stock valued at $3,268,076,000 after purchasing an additional 900,951 shares during the period. BlackRock Inc. purchased a new stake in KeyCorp during the second quarter worth $2,039,113,000. State Street Corp boosted its holdings in KeyCorp by 9.0% during the second quarter. State Street Corp now owns 51,368,660 shares of the financial services provider’s stock worth $1,184,048,000 after buying an additional 4,238,225 shares in the last quarter. Deutsche Bank AG acquired a new stake in KeyCorp during the second quarter valued at $380,244,000. Finally, North Reef Capital Management LP acquired a new stake in KeyCorp during the first quarter valued at $253,632,000. Hedge funds and other institutional investors own 79.69% of the company’s stock.

KeyCorp Company Profile

(Get Free Report)

KeyCorp is a financial services company headquartered in Cleveland, Ohio, and the parent company of KeyBank National Association. Through KeyBank, it provides retail and commercial banking services to individuals, businesses, institutional clients and government entities.

KeyBank’s offerings include checking and savings accounts, consumer lending, mortgages, home equity financing, credit cards, business loans, treasury management and payment services. The company also provides investment banking and capital markets services through KeyBanc Capital Markets, as well as wealth management, investment management and personal financial planning services.

KeyCorp traces its history to 1825, when the institution that became KeyBank was established in Albany, New York.