DailyIQ
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KEY·KeyCorp

$21.89
+0.02 (+0.09%)
After Hours
High
$22.03
Open
$21.90
Market Cap
24.51B
52W High
$24.07
Low
$21.71
P. Close
$21.89
P/E
12.07
52W Low
$16.47
Fwd P/E
10.24
DailyIQ Est.
$27.25
Inst. Ownership
39.6%
Short Interest
2.95%
Technical Score (1D)
18
SELL
News Sentiment
70
BULLISH
KeyCorp’s accelerated share‑repurchase program, announced 147 hours ago, has bought back a sizable volume of its own stock, immediately trimming diluted shares and lifting earnings per share. The move signals management’s confidence in the firm’s valuation and may support the share price over the next ten trading days, while also setting the stage for potential adjustments to dividend policy. In a related development, the bank disclosed that it will redeem all 525,000 Series D preferred shares on September 15, 2026 at a price that includes accrued dividends; this action will reduce preferred‑equity exposure and improve capital‑structure metrics, which could influence future capital allocation decisions. The redemption also removes the call risk associated with those shares, potentially making the remaining preferred instruments more attractive if interest rates remain stable. Earlier this year, KeyCorp completed its acquisition of Clearwater Corporate Finance LLP, expanding its European middle‑market advisory footprint and creating new fee‑income opportunities; the integration progress will be a key watch item as it could affect earnings momentum in the coming quarters. The bank’s strong loan growth and efficient cost management, highlighted in recent analyst commentary, underpin expectations of continued upside as the economy stabilizes, but investors should monitor any regulatory updates that could impact credit demand. Finally, KeyCorp’s upcoming 2027 earnings conference‑call schedule, announced more than 20 days ago, provides a clear timeline for when new guidance will surface, offering a precise window for reassessing the bank’s valuation.
Earnings Summary
KeyCorp, operating through KeyBank National Association, is a diversified regional bank offering consumer and commercial banking services, including deposits, loans, investment and wealth management, serving individuals, high‑net‑worth clients, institutions and large corporations. The bank’s performance is framed by the broader regional banking sector, which has been navigating tightening credit conditions and evolving regulatory capital requirements. In the most recent quarters, KeyCorp posted EPS of $0.41 in Q4 2025 and $0.44 in Q1 2026, both beating estimates of $0.391 and $0.4159 respectively, while revenue grew from $1.997 billion to $1.945 billion, a modest decline from the prior quarter but still above the $1.956 billion estimate for Q1 2026; EPS growth accelerated from $0.35 in Q2 2025 to $0.41 in Q3 2025 and maintained a positive trajectory into Q4 2025 and Q1 2026, with the bank consistently beating analyst expectations in the last four quarters. Historically, KeyCorp has shown a steady YoY revenue growth of roughly 4–5% over the past three years, with EPS rising at a slightly faster pace, and has maintained a pattern of beating earnings estimates while occasionally missing revenue forecasts, indicating robust profitability even when top‑line growth slows. Recent news highlights a significant accelerated share‑repurchase program that has reduced diluted shares and lifted EPS, as well as the planned redemption of 525,000 Series D preferred shares, which will improve capital structure and potentially free capital for dividends; the acquisition of Clearwater Corporate Finance LLP expands the bank’s European advisory footprint and could add fee‑income upside, though integration timing remains a key watch item. Investors should watch for the timing and scale of the preferred‑share redemption, the impact of the share‑repurchase pace on EPS, and the progress of the Clearwater integration, as these factors will shape capital allocation decisions and fee‑income momentum in the next earnings cycle.

EPS

EstBeatMiss
$0.30$0.34$0.39$0.43$0.48Q1'25Q2'25Q3'25Q4'25Q1'26Q3'26
QtrEstActual+/−
Q3'26$0.46 - -
Q1'26$0.42$0.44+5.8%
Q4'25$0.39$0.41+4.9%
Q3'25$0.38$0.41+7.6%
Q2'25$0.34$0.35+1.9%
Q1'25$0.32$0.33+4.0%

Revenue

EstBeatMiss
$1.7B$1.8B$1.9B$2.0B$2.1BQ1'25Q2'25Q3'25Q4'25Q1'26Q3'26
QtrEstActual+/−
Q3'26$2.1B - -
Q1'26$2.0B$1.9B-0.7%
Q4'25$2.0B$2.0B+1.0%
Q3'25 - $1.9B -
Q2'25 - $1.8B -
Q1'25 - $1.8B -

Market Data

KEY Stock Snapshot

KEY is currently trading at $21.89, giving KeyCorp a market cap of 24.51B and a P/E ratio of 12.1. Today's range spans $21.71–$22.03, with shares opening at $21.90 and moving up $0.00 (0.0%) from the prior close. DailyIQ's technical score sits at 18/100 (SELL) with a news sentiment reading of 70/100.

Over the past year KEY has traded between $16.47 and $24.07 - the current price is +32.9% off the 52-week low and -9.1% from the high. 26 analysts cover the stock with a Buy consensus and a mean 12-month target of $26.02 (range $22.00–$43.00), implying upside of +18.9%.

Earnings estimate risk is at the forefront for KeyCorp (KEY) - a large-cap Financial Services name (24.51B market cap) showing a SELL (18/100) alongside bullish sentiment (70/100) often flags a period where consensus estimates are still catching down to what the market is already pricing in. Price: $21.89 (in the upper portion of its 52-week range in $16.47–$24.07). (P/E: 12.1) Active managers who track the technical-fundamental gap tend to position ahead of the revision, not after it.

Analyst coverage for KEY becomes a double-edged factor in a SELL phase: at 24.51B in Financial Services market cap, active coverage is high enough that downgrade risk is real and impactful. The 18/100 technical reading and bullish sentiment (70/100) at $21.89 (in the upper portion of its 52-week range) place the stock in the zone where one or two high-profile estimate cuts can convert a grinding decline into a sharper re-rating, the $16.47–$24.07 range establishes where that repricing lands.