Keycorp (NYSE: KEY) is -19.54% lower on its value in year-to-date trading and has touched a low of $12.73 and a high of $20.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KEY stock was last observed hovering at around $14.27 in the last trading session, with the day’s loss setting it -0.48%.
Currently trading at $13.79, the stock is -6.87% and -13.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.12 million and changing -3.36% at the moment leaves the stock -17.71% off its SMA200. KEY registered -4.44% loss for a year compared to 6-month loss of -22.09%. The firm has a 50-day simple moving average (SMA 50) of $15.893 and a 200-day simple moving average (SMA200) of $16.75775.
The stock witnessed a -14.29% gain in the last 1 month and extending the period to 3 months gives it a -24.64%, and is 0.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.55% over the week and 5.08% over the month.
Keycorp (KEY) has around 17406 employees, a market worth around $15.11B and $9.27B in sales. Fwd P/E is 8.04. Profit margin for the company is -1.27%. Distance from 52-week low is 8.37% and -31.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.38%).
with sales reaching $1.82B over the same period.The EPS is expected to grow by 24.43% this year, but quarterly earnings will post 59.14% year-over-year. Quarterly sales are estimated to grow 18.98% in year-over-year returns.
Keycorp (KEY) Top Institutional Holders
1120.0 institutions hold shares in Keycorp (KEY), with institutional investors hold 86.67% of the company’s shares. The shares outstanding are 1.11B, and float is at 1.09B with Short Float at 2.13%. Institutions hold 86.44% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 109.8 million shares valued at $1.56 billion. The investor’s holdings represent 11.7849% of the KEY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 99.93 million shares valued at $1.42 billion to account for 10.7251 of the shares outstanding. The other top investors are FMR LLC which holds 55.33 million shares representing 5.9383% and valued at over $786.22 million, while STATE STREET CORP holds 4.9278 of the shares totaling 45.91 million with a market value of $652.43 million.
Keycorp (KEY) Insider Activity
The most recent transaction is an insider sale by Kidik Allyson M, the company’s Chief Risk Review Officer. SEC filings show that Kidik Allyson M sold 1,016 shares of the company’s common stock on Feb 14 ’25 at a price of $17.69 per share for a total of $17973.0. Following the sale, the insider now owns 19549.0 shares.
Keycorp disclosed in a document filed with the SEC on Feb 13 ’25 that Gorman Christopher M. (Chairman and CEO) sold a total of 57,736 shares of the company’s common stock. The trade occurred on Feb 13 ’25 and was made at $17.46 per share for $1.01 million. Following the transaction, the insider now directly holds 0.8 million shares of the KEY stock.
Still, SEC filings show that on Feb 14 ’25, Kidik Allyson M (Officer) Proposed Sale 1,016 shares at an average price of $17.69 for $17973.0. The insider now directly holds shares of Keycorp (KEY).
