KeyCorp Stock: A Deep Dive Into Analyst Perspectives (15 Ratings)

Analysts' ratings for KeyCorp KEY over the last quarter vary from bullish to bearish, as provided by 15 analysts.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $15.33, a high estimate of $17.00, and a low estimate of $12.00. Observing a 9.19% increase, the current average has risen from the previous average price target of $14.04.

Breaking Down Analyst Ratings: A Detailed Examination

The standing of KeyCorp among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to KeyCorp. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of KeyCorp compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of KeyCorp's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into KeyCorp's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on KeyCorp analyst ratings.

Discovering KeyCorp: A Closer Look

With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.

Unraveling the Financial Story of KeyCorp

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: KeyCorp's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -2.17%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: KeyCorp's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 2.02%, the company may face hurdles in effective cost management.

Return on Equity (ROE): KeyCorp's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.26%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): KeyCorp's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.02%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: KeyCorp's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.86, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.