Media headlines about KeyCorp (NYSE:KEY) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KeyCorp earned a news impact score of 0.09 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 48.0737117043295 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- KeyCorp CEO: Say Yes to Both Challenges and Opportunities (fortune.com)
- Jefferies Group Research Analysts Lift Earnings Estimates for KeyCorp (KEY) (americanbankingnews.com)
- KeyCorp: A Well-Managed Bank That Is Still Worth A Look – Seeking Alpha (seekingalpha.com)
- Tuesday Sector Leaders: Healthcare, Financial (nasdaq.com)
- Wells Fargo has most consumer complaints to consumer protection bureau for 2017 (journalnow.com)
Shares of KeyCorp (NYSE KEY) traded up $0.27 during mid-day trading on Wednesday, hitting $21.01. The stock had a trading volume of 8,614,200 shares, compared to its average volume of 9,920,000. The company has a market cap of $22,590.00, a price-to-earnings ratio of 18.27, a P/E/G ratio of 1.65 and a beta of 1.09. KeyCorp has a 12-month low of $16.28 and a 12-month high of $21.28. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.06.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Tuesday, November 28th were given a $0.105 dividend. This is a positive change from KeyCorp’s previous quarterly dividend of $0.10. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend was Monday, November 27th. KeyCorp’s dividend payout ratio (DPR) is currently 36.52%.
A number of equities analysts recently weighed in on KEY shares. CIBC reissued a “buy” rating on shares of KeyCorp in a report on Friday, December 8th. Zacks Investment Research lowered KeyCorp from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Stephens upgraded KeyCorp from an “equal weight” rating to an “overweight” rating and set a $23.00 price target on the stock in a research report on Thursday, December 14th. Keefe, Bruyette & Woods restated a “buy” rating and set a $21.50 price target on shares of KeyCorp in a research report on Thursday, December 14th. Finally, Sanford C. Bernstein upgraded KeyCorp from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $21.00 to $22.00 in a research report on Thursday, September 14th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and sixteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $21.56.
In other news, Director Elizabeth R. Gile bought 1,374 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average price of $18.23 per share, for a total transaction of $25,048.02. Following the purchase, the director now directly owns 24,989 shares in the company, valued at approximately $455,549.47. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew J. Paine III sold 46,854 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $18.56, for a total value of $869,610.24. Following the completion of the transaction, the insider now owns 110,052 shares of the company’s stock, valued at approximately $2,042,565.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 57,212 shares of company stock worth $1,060,508. Corporate insiders own 0.65% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://sportsperspectives.com/2018/01/10/keycorp-key-given-daily-coverage-optimism-score-of-0-09.html.
KeyCorp is a bank holding company. The Company is a bank-based financial services company. The Company operates through its subsidiary, KeyBank National Association (KeyBank), which is engaged in providing banking services. Through KeyBank and other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, and investment banking products and services to individual, corporate and institutional clients.
Receive News & Ratings for KeyCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KeyCorp and related companies with MarketBeat.com's FREE daily email newsletter.