Stocks · Financial Services · Banks - Regional
KeyCorp KEY
$20.08 +0.15% Close, Oct 2, 2026 · NYSE · Market cap $21.67B
High risk
Next earnings report: Oct 20, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 18.1% from 1.5% a year earlier.
- Earnings beat analyst estimates in each of the last 9 quarters (average surprise over the last four: +6.1%).
- Net debt is 6.8× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth17Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- FCF growth (TTM, YoY)Bottom 18%
- Revenue growth, 3-year CAGRBottom 38%
- Revenue growth accelerationBottom 17%
Quality28Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 35%
- Gross marginBottom 49%
- Operating marginBottom 42%
- Cash conversion (OCF / net income)Bottom 28%
- Accruals (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 18%
- Interest coverBottom 30%
Value52Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 30%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 44%
- Sales / enterprise valueBottom 48%
- P/E vs own 5-year history (lower is better)Top 50%
Momentum31Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 39%
- 6-month returnBottom 18%
- 1-year return vs S&P 500Top 45%
- Distance from 52-week highBottom 31%
- Trend checklist (0–4)Bottom 27%
Revisions90Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 43%
- Consecutive EPS beatsTop 11%
- Share of analysts rating BuyTop 32%
- Upside to consensus price targetTop 25%
Stability19Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 50%
- Maximum drawdown, 3 yearsBottom 37%
- Beta vs S&P 500 (lower is better)Bottom 14%
- Net debt / EBITDA (lower is better)Bottom 18%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 23.1% | 13.5% | ↓ |
| Gross margin | 49.8% | 64.5% | ↑ |
| Operating margin | 1.5% | 18.1% | ↑ |
| FCF margin | 16.7% | 11.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 13.5% | 23.1% | ↓ | Top 32% |
| Gross margin | 64.5% | 49.8% | ↑ | Bottom 49% |
| Operating margin | 18.1% | 1.5% | ↑ | Bottom 42% |
| Net margin | 19.4% | 1.9% | ↑ | — |
| Free-cash-flow margin | 11.4% | 16.7% | ↓ | — |
| Return on invested capital | 3.9% | — | Top 35% | |
| Revenue growth, 3-year CAGR | 12.2% | — | Bottom 38% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.65×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 0.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -113.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.80×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.81%
- Net buyback yield (TTM)
- 4.43%
- Shareholder yield
- 9.25%
- Share count change, 1 year
- -2.6%
- Share count change, 3-year CAGR
- +4.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 9
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +6.1%
- Average 2-day reaction, last 8
- -1.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $25.22
- Target vs current price
- +25.6%
- Analysts with a rating
- 51
- Share rating Buy or Strong Buy
- 61%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 21, 2026 | +4.2% | -1.6% | -3.5% | -1.2% | — |
| Apr 16, 2026 | +6.4% | +0.5% | +2.2% | -3.8% | +7.6% |
| Jan 20, 2026 | +5.9% | -0.4% | +0.6% | +2.5% | +1.9% |
| Oct 16, 2025 | +7.9% | -5.4% | -1.5% | +0.4% | +18.8% |
| Jul 22, 2025 | +1.2% | +2.4% | +0.9% | -0.5% | -1.5% |
| Apr 17, 2025 | +3.8% | +1.4% | +5.7% | +17.1% | +27.1% |
| Jan 21, 2025 | +18.8% | -3.6% | -3.5% | -1.9% | -22.1% |
| Oct 17, 2024 | +7.3% | -2.5% | -3.5% | +7.6% | -1.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 21, 2026 | $0.44 | $0.42 | +4.2% | $1.96B |
| Apr 16, 2026 | $0.44 | $0.41 | +6.4% | $1.95B |
| Jan 20, 2026 | $0.41 | $0.39 | +5.9% | $2.00B |
| Oct 16, 2025 | $0.41 | $0.38 | +7.9% | $2.13B |
| Jul 22, 2025 | $0.35 | $0.35 | +1.2% | $1.83B |
| Apr 17, 2025 | $0.33 | $0.32 | +3.8% | $1.72B |
| Jan 21, 2025 | $0.38 | $0.32 | +18.8% | $1.87B |
| Oct 17, 2024 | $0.30 | $0.28 | +7.3% | $1.86B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.7× | 9.6× | 56th | Top 30% |
| P/E (forward) | 11.0× | — | — | — |
| EV / EBITDA | 18.2× | — | — | Bottom 44% |
| EV / Sales | 3.30× | — | — | Bottom 48% |
| Free-cash-flow yield | 5.53% | — | — | Bottom 37% |
| Earnings yield | 8.57% | — | — | Top 30% |
P/E over the past five years
Range 5.0× – 21.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.1%
- 200-day average slope (20 days)
- +1.0%
- Distance from 50-day average
- -8.0%
- Distance from 200-day average
- -7.1%
- RSI (14)
- 31.6
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.6%
- Volatility vs own 5-year history
- 3th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.14
- Correlation with S&P 500
- 0.60
- Current drawdown from 1-year high
- -16.3%
- Maximum drawdown, 3 years
- -33.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 14, 2022 | May 4, 2023 | -66.9% | 326 days | Not yet recovered |
| May 17, 2021 | Jul 19, 2021 | -21.4% | 43 days | 66 days (Oct 20, 2021) |
| Jan 14, 2021 | Jan 27, 2021 | -11.7% | 8 days | 9 days (Feb 9, 2021) |
| Feb 24, 2021 | Mar 23, 2021 | -10.6% | 19 days | 25 days (Apr 28, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $21.67B
- P/E (TTM)
- 11.7
- EPS, diluted (TTM)
- $1.72
- Revenue (TTM)
- $10.48B
- Dividend yield
- 4.08%
- 52-week range
- $16.47 – $24.07
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.33B | $7.91B | $10.23B | $9.05B | $11.19B |
| Gross profit | $7.46B | $6.52B | $5.73B | $4.06B | $6.97B |
| Operating income | $3.25B | $2.33B | $1.16B | -$306.0M | $2.30B |
| Net income | $2.63B | $1.92B | $967.0M | -$161.0M | $1.83B |
| EPS (diluted) | $2.63 | $1.93 | $0.88 | -$0.32 | $1.52 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.87B | $2.70B | $2.80B | $2.83B | $2.86B | $2.73B | $2.06B |
| Net income | -$410.0M | -$244.0M | $405.0M | $425.0M | $489.0M | $510.0M | $522.0M | $509.0M |
| EPS (diluted) | -$0.47 | -$0.28 | $0.33 | $0.35 | $0.41 | $0.43 | $0.44 | $0.44 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.15B | $4.47B | $2.90B | $664.0M | $2.21B |
| Capital expenditure | -$66.0M | -$108.0M | -$142.0M | -$65.0M | -$107.0M |
| Free cash flow | $1.09B | $4.36B | $2.76B | $599.0M | $2.10B |
| Dividends paid | -$823.0M | -$854.0M | -$911.0M | -$927.0M | -$1.05B |
| Net share buybacks | -$1.12B | $6.0M | -$37.0M | $10.0M | -$226.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $40.17B
- Total assets
- $191.32B
- Total liabilities
- $171.52B
- Total debt
- $14.65B
- Net debt
- $12.94B
- Shareholders’ equity
- $19.80B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 1, 2026 | $0.21 | Sep 15, 2026 |
| Jun 2, 2026 | $0.21 | Jun 15, 2026 |
| Mar 3, 2026 | $0.21 | Mar 13, 2026 |
| Dec 2, 2025 | $0.21 | Dec 15, 2025 |
| Sep 2, 2025 | $0.21 | Sep 15, 2025 |
| May 27, 2025 | $0.21 | Jun 13, 2025 |
| Mar 4, 2025 | $0.21 | Mar 14, 2025 |
| Dec 3, 2024 | $0.21 | Dec 13, 2024 |
Short interest
- Shares sold short
- 33,978,169
- Days to cover
- 2.51
- Change vs previous report
- -4.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 9, 1998
- 2-for-1
- Mar 2, 1994
- 241-for-200
- Mar 23, 1993
- 2-for-1
- Apr 15, 1992
- 3-for-2
- Feb 25, 1987
- 2-for-1