Media headlines about KeyCorp (NYSE:KEY) have trended somewhat positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KeyCorp earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 47.8908182565921 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- KeyCorp’s (KEY) “Hold” Rating Reaffirmed at Oppenheimer (americanbankingnews.com)
- KeyCorp Expected to Post Q1 2019 Earnings of $0.43 Per Share (KEY) (americanbankingnews.com)
- Q3 2018 EPS Estimates for KeyCorp Boosted by Analyst (KEY) (americanbankingnews.com)
- KeyCorp (KEY) Forecasted to Earn Q1 2018 Earnings of $0.40 Per Share (americanbankingnews.com)
- Sandler O’Neill Reiterates Hold Rating for KeyCorp (KEY) (americanbankingnews.com)
Several brokerages have recently issued reports on KEY. Oppenheimer reiterated a “hold” rating on shares of KeyCorp in a research report on Monday. DA Davidson boosted their price objective on KeyCorp to $26.00 and gave the stock a “buy” rating in a research report on Friday. Sandler O’Neill reiterated a “hold” rating and set a $21.50 price objective on shares of KeyCorp in a research report on Friday. Vining Sparks reiterated a “buy” rating and set a $25.00 price objective on shares of KeyCorp in a research report on Thursday. Finally, Zacks Investment Research downgraded KeyCorp from a “buy” rating to a “hold” rating and set a $23.00 price objective for the company. in a research report on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company’s stock. KeyCorp has an average rating of “Buy” and an average target price of $21.98.
Shares of KeyCorp (KEY) traded up $0.23 during trading hours on Monday, reaching $21.39. The company had a trading volume of 9,056,005 shares, compared to its average volume of 9,070,000. KeyCorp has a 1 year low of $16.28 and a 1 year high of $21.71. The company has a market capitalization of $23,000.00, a PE ratio of 19.10, a price-to-earnings-growth ratio of 1.58 and a beta of 1.09. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.88 and a current ratio of 0.89.
KeyCorp (NYSE:KEY) last announced its earnings results on Thursday, January 18th. The financial services provider reported $0.36 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. KeyCorp had a return on equity of 10.66% and a net margin of 18.06%. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the company earned $0.31 earnings per share. equities analysts predict that KeyCorp will post 1.67 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Tuesday, February 27th will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Monday, February 26th. This represents a $0.42 annualized dividend and a yield of 1.96%. KeyCorp’s payout ratio is 37.50%.
In other KeyCorp news, General Counsel Paul N. Harris sold 2,758 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $18.54, for a total value of $51,133.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Elizabeth R. Gile purchased 1,374 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of $18.23 per share, for a total transaction of $25,048.02. Following the acquisition, the director now directly owns 24,989 shares of the company’s stock, valued at approximately $455,549.47. The disclosure for this purchase can be found here. In the last three months, insiders have sold 57,212 shares of company stock worth $1,060,508. 0.65% of the stock is owned by corporate insiders.
KeyCorp Company Profile
KeyCorp is a bank holding company. The Company is a bank-based financial services company. The Company operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking products and services to individual, corporate and institutional clients.
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