KeyCorp (NYSE:KEY) Upgraded at Wall Street Zen

Posted by on Oct 6th, 2026

Wall Street Zen upgraded shares of KeyCorp (NYSE:KEY – Free Report) from a sell rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

Other research analysts also recently issued research reports about the company. DA Davidson reissued a “buy” rating and set a $28.00 target price on shares of KeyCorp in a research note on Wednesday, July 22nd. Robert W. Baird upped their price objective on shares of KeyCorp from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Citigroup reissued a “neutral” rating on shares of KeyCorp in a research note on Tuesday, September 22nd. Morgan Stanley raised their target price on shares of KeyCorp from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Monday, June 29th. Finally, JPMorgan Chase & Co. decreased their target price on shares of KeyCorp from $24.50 to $23.00 and set a “neutral” rating on the stock in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $48.83.

Read Our Latest Research Report on KEY

KeyCorp Price Performance

Shares of NYSE KEY opened at $20.17 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.84 and a quick ratio of 0.83. The business has a 50-day moving average of $21.76 and a 200-day moving average of $21.80. The stock has a market capitalization of $21.52 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 0.76 and a beta of 1.08. KeyCorp has a fifty-two week low of $16.47 and a fifty-two week high of $24.07.

KeyCorp (NYSE:KEY – Get Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. KeyCorp had a return on equity of 11.23% and a net margin of 17.83%.The business 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 company posted $0.35 earnings per share. KeyCorp’s revenue was up 6.7% on a year-over-year basis. As a group, sell-side analysts predict that KeyCorp will post 1.83 earnings per share for the current fiscal year.

KeyCorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.2050 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, September 1st. KeyCorp’s dividend payout ratio (DPR) is 47.67%.

Hedge Funds Weigh In On KeyCorp

Several large investors have recently modified their holdings of KEY. Bank of Nova Scotia bought a new position in KeyCorp during the 2nd quarter worth approximately $3,636,436,000. BlackRock Inc. bought a new stake in shares of KeyCorp in the 2nd quarter valued at $2,039,113,000. Deutsche Bank AG acquired a new stake in shares of KeyCorp during the second quarter worth $380,244,000. North Reef Capital Management LP acquired a new stake in shares of KeyCorp during the first quarter worth $253,632,000. Finally, Legal & General Group Plc bought a new position in KeyCorp during the second quarter worth $142,169,000. Institutional investors own 79.69% of the company’s stock.

KeyCorp Company Profile

(Get Free Report)

KeyCorp (NYSE:KEY) is a financial services company headquartered in Cleveland, Ohio, and the parent company of KeyBank National Association. Through KeyBank, the company provides banking and financial services to individuals, families, businesses, institutions and government entities.

KeyBank’s offerings include consumer and business deposit accounts, residential and commercial lending, mortgage and home equity products, credit cards, payments services, treasury management, wealth management and investment services.

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Analyst Recommendations for KeyCorp (NYSE:KEY)

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