A number of research firms have changed their ratings and price targets for KeyCorp (NYSE: KEY):
Shares of KeyCorp (NYSE:KEY) traded down 0.98% during midday trading on Monday, hitting $17.16. 1,856,131 shares of the company’s stock were exchanged. KeyCorp has a 52 week low of $9.88 and a 52 week high of $17.57. The firm has a market cap of $18.55 billion, a price-to-earnings ratio of 19.77 and a beta of 1.00. The company has a 50-day moving average of $14.56 and a 200-day moving average of $12.65.
KeyCorp (NYSE:KEY) last announced its quarterly earnings data on Tuesday, October 25th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. KeyCorp had a net margin of 15.72% and a return on equity of 8.44%. The business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.27 earnings per share. Equities research analysts expect that KeyCorp will post $1.10 EPS for the current fiscal year.