In the last trading session, 26.49 million shares of the Keycorp (NYSE:KEY) were traded, and its beta was 1.27. Most recently the company’s share price was $14.64, and it changed around $0.01 or 0.07% from the last close, which brings the market valuation of the company to $13.67B. KEY currently trades at a discount to its 52-week high of $15.86, offering almost -8.33% off that amount. The share price’s 52-week low was $8.53, which indicates that the current value has risen by an impressive 41.73% since then. We note from Keycorp’s average daily trading volume that its 3-month average coming to 15.53 million.
Keycorp stock received a consensus recommendation rating of Buy, based on a mean score of 1.92. If we narrow it down even further, the data shows that 1 out of 28 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 9 recommended KEY as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Keycorp is expected to report earnings per share of $Keysight Technologies Inc. for the current quarter.
Keycorp (NYSE:KEY) trade information
Instantly KEY has showed a green trend with a performance of 0.07% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 1.67% year-to-date, but still up 1.46% over the last five days. On the other hand, Keycorp (NYSE:KEY) is -4.69% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $22.21, which translates to bulls needing to increase their stock price by 34.08% from its current value. Analyst projections state that KEY is forecast to be at a low of $16 and a high of $32.
Keycorp (KEY) estimates and forecasts
Keycorp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 38.64 percent over the past six months and at a 6.36% annual growth rate that is well above the industry average of -5.60%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.34%. Keycorp earnings are expected to increase by 0.88% in 2024, but the outlook is negative -5.80% per year for the next five years.
KEY Dividends
Keycorp’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 5.60 percent and its annual dividend per share was 0.82. It is important to note, however, that the 5.60% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
