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How to buy KeyCorp stock | 15.8

Own KeyCorp stock in just a few minutes.

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KeyCorp is a banks—regional business based in the US. KeyCorp shares (KEY) are listed on the NYSE and all prices are listed in US Dollars. KeyCorp employs 16,587 staff and has a trailing 12-month revenue of around USD$5.3 billion.

How to buy shares in KeyCorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for KeyCorp. Find the stock by name or ticker symbol: KEY. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until KeyCorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$15.8, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of KeyCorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of KeyCorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted KeyCorp's share price?

Since the stock market crash in March caused by coronavirus, KeyCorp's share price has had significant negative movement.

Its last market close was USD$15.8, which is 19.67% down on its pre-crash value of USD$19.67 and 112.08% up on the lowest point reached during the March crash when the shares fell as low as USD$7.45.

If you had bought USD$1,000 worth of KeyCorp shares at the start of February 2020, those shares would have been worth USD$451.03 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$832.50.

KeyCorp share price

Use our graph to track the performance of KEY stocks over time.

KeyCorp shares at a glance

Information last updated 2020-10-20.
Latest market close USD$15.8
52-week range USD$7.45 - USD$20.525
50-day moving average USD$12.4917
200-day moving average USD$12.0265
Wall St. target price USD$13.98
PE ratio 11.6486
Dividend yield USD$0.74 (5.79%)
Earnings per share (TTM) USD$1.125

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy KeyCorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

KeyCorp price performance over time

Historical closes compared with the close of $15.8 from 2020-11-16

1 week (2020-11-24) -5.67%
1 month (2020-10-30) 21.73%
3 months (2020-09-01) 26.10%
6 months (2020-06-01) 33.33%
1 year (2019-11-29) -18.51%
2 years (2018-11-30) -13.85%
3 years (2017-12-01) -17.41%
5 years (2015-12-01) 18.80%

Is KeyCorp under- or over-valued?

Valuing KeyCorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of KeyCorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

KeyCorp's P/E ratio

KeyCorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, KeyCorp shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

KeyCorp's PEG ratio

KeyCorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0761. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into KeyCorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

KeyCorp financials

Revenue TTM USD$5.3 billion
Operating margin TTM 30.06%
Gross profit TTM USD$5.9 billion
Return on assets TTM 0.77%
Return on equity TTM 7.01%
Profit margin 23.11%
Book value $16.028
Market capitalisation USD$12.9 billion

TTM: trailing 12 months

Shorting KeyCorp shares

There are currently 18.1 million KeyCorp shares held short by investors – that's known as KeyCorp's "short interest". This figure is 16.7% up from 15.5 million last month.

There are a few different ways that this level of interest in shorting KeyCorp shares can be evaluated.

KeyCorp's "short interest ratio" (SIR)

KeyCorp's "short interest ratio" (SIR) is the quantity of KeyCorp shares currently shorted divided by the average quantity of KeyCorp shares traded daily (recently around 8.8 million). KeyCorp's SIR currently stands at 2.05. In other words for every 100,000 KeyCorp shares traded daily on the market, roughly 2050 shares are currently held short.

However KeyCorp's short interest can also be evaluated against the total number of KeyCorp shares, or, against the total number of tradable KeyCorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case KeyCorp's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 KeyCorp shares in existence, roughly 20 shares are currently held short) or 0.0211% of the tradable shares (for every 100,000 tradable KeyCorp shares, roughly 21 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against KeyCorp.

Find out more about how you can short KeyCorp stock.

KeyCorp's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like KeyCorp.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

KeyCorp's total ESG risk score

Total ESG risk: 24.92

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and KeyCorp's overall score of 24.92 (as at 10/01/2020) is pretty good – landing it in it in the 38th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like KeyCorp is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

KeyCorp's environmental score

Environmental score: 0.82/100

KeyCorp's environmental score of 0.82 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that KeyCorp is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

KeyCorp's social score

Social score: 11.03/100

KeyCorp's social score of 11.03 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that KeyCorp is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

KeyCorp's governance score

Governance score: 11.22/100

KeyCorp's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that KeyCorp is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

KeyCorp's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. KeyCorp scored a 1 out of 5 for controversy – the highest score possible, reflecting that KeyCorp has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

KeyCorp was last rated for ESG on: 2020-10-01.

Total ESG score 24.92
Total ESG percentile 38.36
Environmental score 0.82
Environmental score percentile 1
Social score 11.03
Social score percentile 1
Governance score 11.22
Governance score percentile 1
Level of controversy 1

KeyCorp share dividends

64%

Dividend payout ratio: 64.35% of net profits

Recently KeyCorp has paid out, on average, around 64.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), KeyCorp shareholders could enjoy a 5.79% return on their shares, in the form of dividend payments. In KeyCorp's case, that would currently equate to about $0.74 per share.

KeyCorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

KeyCorp's most recent dividend payout was on 15 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2020 (the "ex-dividend date").

Have KeyCorp's shares ever split?

KeyCorp's shares were split on a 2:1 basis on 9 March 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your KeyCorp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for KeyCorp shares which in turn could have impacted KeyCorp's share price.

KeyCorp share price volatility

Over the last 12 months, KeyCorp's shares have ranged in value from as little as $7.45 up to $20.525. A popular way to gauge a stock's volatility is its "beta".

KEY.US volatility(beta: 1.47)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while KeyCorp's is 1.4705. This would suggest that KeyCorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

KeyCorp overview

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services, as well as purchases retail auto sales contracts through a network of auto dealership. As of December 31, 2019, it operated through 1,098 retail banking branches and 1,420 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. The company was founded in 1849 and is headquartered in Cleveland, Ohio.

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