KEY

KeyCorp

$19.99

+0.25% 2026-10-16

FinancialsS&P 500

1M 3M 6M 1Y 2Y

KEYSPY

+0.1%

-3.5%

-14.3%

-6.5%

YTD

-0.3%

+24.0%

Live chart

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Grades vs sector

Momentum

62nd pct in sector

B-

12-1 return: +18.8%
Percentile within its GICS sector across the S&P 1500.

Growth

46th pct in sector

Revenue growth (YoY): +10.1%
Percentile within its GICS sector across the S&P 1500.

Value

67th pct in sector

Forward E/P: 10.8% · EBITDA/EV: –
Percentile within its GICS sector across the S&P 1500.

Profitability

45th pct in sector

Profit margin: +27.5% · Return on equity: +10.3%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

rank 185 of 499 · 12-1 momentum % 19.2

Momentum Blend

not in the current book

New Highs Growth

not ranked (outside this model's universe or screens)

Conviction 20

not in the current book

News

More news

KeyCorp: 3 Key Takeaways for Long-Term Investors

Nasdaq · 9h ago

KeyCorp (KEY) Q3 2026 Earnings Call Transcript

Nasdaq · 12h ago

KEY Q3 Earnings Beat as NII, Fee Income Increases Y/Y & Provisions Dip

Zacks · 18h ago

KeyCorp Q3 26 Earnings Conference Call At 8:00 AM ET

Nasdaq · 18h ago

Key stats

Market cap$22.2B

P/E (trailing)12.1

P/E (forward)9.6

52-week range16.91 – 24.07

Revenue growth (YoY, latest qtr)+10.1%

Dividend yield3.94%

Analyst consensusBuy (20)

Mean price target$25.11 (+26%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Leans undervalued

Model read-out from the numbers below, not advice. Score +1 (DCF counts double).

•DCF (base case)above the price by 3%

•Forward P/E vs sector9.6x vs median 10.2x

•Piotroski F-score6/9

▲Analyst target+26% (20 analysts)

Discounted cash flow

Bear

$14

-29%

growth 1% · disc. 10.7% · term. 2.0%

Base

$21

+3%

growth 6% · disc. 9.7% · term. 2.5%

Bull

$29

+47%

growth 9% · disc. 8.7% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Not meaningful for regional banks: for banks, insurers and lenders, cash moving through loans and deposits swamps "free cash flow". Book value and earnings are better guides.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.09 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Financials

P/E (trailing)

sector median 13.0× · 43rd pct

12.1×
cheaper

Forward P/E

sector median 10.2× · 38th pct

9.6×
cheaper

EV / EBITDA

sector median 10.9×

–

Price / sales

sector median 2.8× · 51st pct

2.8×
pricier

Price / book

sector median 1.6× · 25th pct

1.1×
cheaper

FCF yield

sector median 8.2% · 27th pct

5.4%
pricier

Forward EPS $2.17 vs trailing $1.72 (+26% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

–

Operating margin

–

FCF margin

15.4%

Net margin

26.0%

Return on equity

10.3%

Return on invested capital

–

Net debt / EBITDA

–

Current ratio

–

Interest cover

–

Cash conversion (OCF/NI)

0.6×

Piotroski F-score 6/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target

$25

+26%

Analysts

Buy

Range

$22–$43

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$7.5B	$1.8B	$2.2B
2024	$4.6B	$-161.0M	$664.0M
2023	$6.4B	$967.0M	$2.9B
2022	$7.3B	$1.9B	$4.5B
2021	$7.3B	$2.6B	$1.2B
2020	$6.7B	$1.3B	$1.7B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +1.1%.

Earnings

Next report: –

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-10-20	0.46	0.51	+10.4%
2026-07-21	0.42	0.44	+4.4%
2026-04-16	0.41	0.44	+8.0%
2026-01-20	0.39	0.41	+6.3%
2025-10-16	0.38	0.41	+7.6%
2025-07-22	0.34	0.35	+1.9%
2025-04-17	0.32	0.33	+4.0%
2025-01-21	0.33	0.38	+16.7%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$1.9B	+7.1%
2026-03-31	$1.9B	–
2025-12-31	$1.9B	–
2025-09-30	$1.8B	–
2025-06-30	$1.8B	–

Analyst actions

UBS

2026-10-05 · main

Buy → Buy
PT $25

JP Morgan

2026-10-02 · main

Neutral → Neutral
PT $23

Evercore ISI Group

2026-10-01 · main

Outperform → Outperform
PT $24

Truist Securities

2026-09-23 · main

Hold → Hold
PT $23

Stephens & Co.

2026-09-15 · reit

Overweight → Overweight
PT $26

Keefe, Bruyette & Woods

2026-07-22 · main

Outperform → Outperform
PT $26

Recent dividends

2026-09-01: $0.205 · 2026-06-02: $0.205 · 2026-03-03: $0.205 · 2025-12-02: $0.205 · 2025-09-02: $0.205 · 2025-05-27: $0.205 · 2025-03-04: $0.205 · 2024-12-03: $0.205

Stats refreshed 2026-10-21 01:35:30 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

coteau

Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.

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