KeyCorp found using ticker (KEY) have now 20 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 38 and 16.5 calculating the mean target price we have 21.87. With the stocks previous close at 15.96 this is indicating there is a potential upside of 37.0%. The 50 day MA is 18.1 and the 200 moving average now moves to 20.87. The company has a market cap of $15,081m. Visit the company website at: https://www.key.com [stock_market_widget type="chart" template="basic" color="green" assets="KEY" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $20,666m based on the market concensus. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and 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, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
Today, I want to consider some large-cap sleeper stocks to buy. If you were able to travel back in time one year ago, the current market environment might feel like a bad dream. Twelve months ago, stocks were still in a sustained (albeit somewhat tired-looking) bull run and making new all-time highs. While the Federal Reserve was laying the groundwork for wrapping up its asset purchase program, central bankers were split on whether there would be any interest rate hikes in 2022. Then inflation reared its ugly head, investors began fleeing high-growth stocks and, well, you know how this story goes. Yet, it’s not all doom and gloom. Interest rates remain low from a historical perspective, the labor market is strong, and many large companies are sitting on huge amounts of cash stored up during the pandemic. With each of the three major indices currently in bear-market territory, some of the best stocks are on sale. This presents an opportunity for investors with a long time horizon. So, without further ado, here are seven large-cap sleeper stocks to buy.
SEATTLE, WA / ACCESSWIRE / September 26, 2022 / KeyBank ''s Key4Women program, TheWMarketplace , University of Washington Foster School of Business , and University of Washington Tacoma Milgard School of Business announced that local business, Dotz Allergy Friendly Baked Goods, is the winner of a business pitch contest for women-owned businesses (WOBs) located in Seattle and Greater Puget Sound. The event was held September 15th at UW Foster School of Business in Seattle. Owner A Kouture won the grand prize of $20,000, which will go toward growing Dotz, in Tacoma, WA. Dotz Allergy Friendly Baked Goods is a manufacturer of allergy-friendly delicious treats for people with food sensitivities, medically modified diets, and overall health. A Kouture was one of 10 finalists that were selected to compete for cash awards totaling $47,000 from a pool of 95 applicants. The UW Tacoma Milgard School of Business and the Foster School worked together to review and select entries that satisfied the competition criteria.
KeyBank can now service loans in real-time, including application, payments and collections, after partnering with Oracle to digitize its consumer lending process.
In the current trading session, KeyCorp’s (KEY) stock is trading at the price of $17.62, a gain of 0.09% over last night’s close. So, the stock is trading at a price that is -35.13% less than its 52-week high of $27.17 and 7.44% better than its 52-week low of $16.41. Based on the past 30-day […]
EOGResources (EOG) and SMEnergy (SM) are touted as key ideas in the respective large-cap and small-midcap energy space at KeyBanc, which initiated 13 exploration and production stocks…
Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remained the largest deal type in August with $3.2 billion, down 72% from July''s total of about $12 billion. Issuance of subordinated debt, preferred equity and common equity by banks were all well under $1 billion each. State Street Corp. and Huntington Bancshares Inc. ranked as the largest U.S. public bank issuers in August with $750 million in senior debt offerings each, S&P said. In another sizeable deal, KeyCorp raised $600 million in preferred equity during the months. Shares of State Street Corp. are down 25.3% in 2022, while Huntington Bancshares Inc. is off by 9.8% this year, while the KBW Nasdaq Bank Index is down 19.8% and the Financial Select SPDR ETF is down by 15.9%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
DnB Asset Management AS grew its stake in shares of KeyCorp by 10.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm…
Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip. The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades: D R Horton Inc (NYSE: DHI ) upgraded from Sector Weight to Overweight with an $84 price target. KB Home (NYSE: KBH ) upgraded from Underweight to Sector Weight. Lennar Corporation (NYSE: LEN ) upgraded from Sector Weight to Overweight with an $89 price target. Meritage Homes Corp (NYSE: MTH ) upgraded from Sector Weight to Overweight with an $87 price target. PulteGroup, Inc. (NYSE: PHM ) upgraded from Sector Weight to Overweight with a $47 price target. Toll Brothers Inc (NYSE: TOL ) upgraded from Underweight to Sector Weight. TopBuild Corp (NYSE: BLD ) upgraded from Sector Weight to Overweight with a $205 price target Related Link: Treasury Bond Yields Hit 11-Year Highs As Investors … Full story available on Benzinga.com
American Healthcare REIT Inc. has filed for an initial public offering of common stock, but the terms of the IPO have not yet been determined. The California-based real estate investment trust focused on health care properties said it expects the stock to list on the New York Stock Exchange (NYSE) under the ticker symbol "AHR." BofA Securities, Citigroup and KeyBanc Capital Markets are the joint book-running managers. For the six months ended June 30, the company reported a net loss of $17.1 million on revenue of $764.4 million, after a loss of $24.1 million on revenue of $599.4 million in the same period a year ago. The company is looking to go public as investor interest in recently IPO''s stock has picked up recently, but has lagged the broader market by a wide margin this year. The Renaissance IPO ETF has run up 12.9% over the past three months but has tumbled 46.3% year to date, while the S&P 500 has gained 5.4% the past three months while losing 18.9% this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
KeyCorp (KEY)’s stock is trading at $18.04 at the moment marking a rise of 2.27% from the last session close. As of this writing, shares are priced at -33.60% less than their 52-week high of $27.17, and 9.97% over their 52-week low of $16.41. Based on the past 30-day period, the stock price is -8.86% […]
KeyCorp with ticker code (KEY) now have 20 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 38 and 17 with the average target price sitting at 22.1. Now with the previous closing price of 18 this is indicating there is a potential upside of 22.8%. The day 50 moving average is 18.18 and the 200 day moving average is 21.19. The company has a market capitalisation of $16,452m. Find out more information at: https://www.key.com [stock_market_widget type="chart" template="basic" color="green" assets="KEY" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $20,200m based on the market concensus. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and 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, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
Average US Credit Card Rate Hits Highest On Record While the Fed''s rate hiking cycle is about to push the overnight Fed Funds Rate to 2.50% in two weeks, banks have so far completely refused to translate these sharply higher wholesale rates into benefits for US savers. In fact, as the following breakdown of consumer deposit rates at the largest US bank, one would think that the US is still stuck at ZIRP. But while big money center banks refuse to even consider lifting the rate on their savings accounts, they have no such qualms when it comes to how much they charge on credit cards, and according to Bankrate.com''s latest survey, the average credit card rate is now 18.03%, the highest on record since January 1996. According to Ted Rossman, senior industry analyst at Bankrate, “the average credit card rate is now a record-high 18.03% , surpassing the previous record of 17.87% which was set in April 2019. And Federal Reserve Chairman Jerome Powell has made it clear that the Fed is not done raising rates – not by a long shot.
KeyCorp (KEY)’s stock is trading at $18.64 at the moment marking a rise of 0.81% from the last session close. As of this writing, shares are priced at -31.39% less than their 52-week high of $27.17, and 13.62% over their 52-week low of $16.41. Based on the past 30-day period, the stock price is -5.81% […]
KeyCorp with ticker code (KEY) now have 20 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 38 and 17 calculating the mean target price we have 22.32. Given that the stocks previous close was at 17.32 this now indicates there is a potential upside of 28.9%. The 50 day MA is 18.09 and the 200 moving average now moves to 21.32. The company has a market capitalisation of $16,573m. Visit the company website at: https://www.key.com [stock_market_widget type="chart" template="basic" color="green" assets="KEY" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $21,358m based on the market concensus. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and 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, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
KeyCorp (NYSE:KEY) price is hovering higher on Wednesday, September 07, jumping 1.13% above its previous close. A look at today’s price movement shows that the recent level at last check reads $17.32, with intraday deals fluctuating between $17.19 and $17.69. The company’s 5Y monthly beta was ticking 1.34 while its P/E ratio in the trailing … Is Now The Time To Buy KeyCorp (NYSE: KEY) Stock? Read More »
KeyCorp has generated strong revenue growth over the past few years, the decline in 2022 notwithstanding, and expenses are very well managed. Click to read.
Hackers stole personal data including Social Security numbers, addresses and account numbers of home mortgage holders at KeyBank, the bank reports, in the breach of a third-party vendor that serves multiple corporate clients. The hackers obtained the information on July 5 after breaking into computers at the insurance services provider Overby-Seawell Company, according to a letter that Cleveland-based KeyBank sent to affected residential mortgage customers. KeyBank, which operates in 15 states and has close to $200 billion in assets, would not say how many of its customers were affected or answer any other questions about the breach. In a statement, it said it was notified of the data theft on Aug. 4 and KeyBank systems and operations were unaffected. Overby-Seawell did not respond to phone messages and emails sent to executives seeking comment. In the statement sent Friday to The Associated Press, KeyBank said Kennesaw, Georgia-based Overby-Seawell “suffered a cybersecurity incident that compromised data of its corporate clients.” It did not elaborate.
KeyCorp found using ticker (KEY) now have 20 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 38 and 17 calculating the mean target price we have 22.32. Given that the stocks previous close was at 17.87 this is indicating there is a potential upside of 24.9%. The 50 day moving average now sits at 18.08 and the 200 day moving average is 21.42. The market cap for the company is $16,499m. You can visit the company''s website by visiting: https://www.key.com [stock_market_widget type="chart" template="basic" color="green" assets="KEY" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $20,607m based on the market concensus. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and 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, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
As I was preparing to write about cheap stocks to buy that could increase by ten times over the next few years, I wondered what measuring stick I should use to appropriately identify names that were down but definitely not out. I looked online for a few ideas. For example, NerdWallet recently defined cheap stocks as S&P 500 companies whose share price traded between $5 and $20, but had risen so far this year. InvestorPlace contributor Brian Paradza focused on the PEG ratio — defined as the price–earnings ratio divided by firms’ earnings per share growth — to find some stocks to buy and hold for the long haul. Lastly, Barron’s used the enterprise value-sales ratio to find cheap tech stocks . The publication noted that the ratio factors in cash and debt, instead of just market capitalization, making it a more compelling metric than price-sales. So, based very loosely on these three metrics, I’m going to select seven stocks from the S&P 1500 from seven different sectors. I believe that all of these names have a shot at appreciating ten times by 2027.
Xenia Hotels & Resorts, Inc. (NYSE:NYSE:XHR) Q2 2022 Earnings Conference Call August 03, 2022, 01:00 PM ET Company Participants Amanda Bryant - Vice President-Finance Marcel Verbaas -…
Meta Platforms, Inc. (NASDAQ: META ) reported late Wednesday below-consensus second-quarter results and issued downbeat revenue guidance for the running quarter. The stock reacted with a 4.65% downward move in after-hours trading. The Meta Analyst: KeyBanc Capital Markets analyst Justin Patterson reiterated an Overweight rating on Meta shares and upped the price target from $190 to $196. The Meta Thesis: Meta’s daily average users came in at 1.97 billion, slightly exceeding the 1.96 billion consensus estimate, Patterson noted. Reels showed strong engagement, with revenue surpassing the $1 billion run-rate, the analyst said. The short-video service saw strong growth in engagement and time spent, the analyst noted. The … Full story available on Benzinga.com
KeyCorp (NYSE:KEY) price is hovering lower on Tuesday, July 26, dropping -0.69% below its previous close. A look at today’s price movement shows that the recent level at last check reads $18.10, with intraday deals fluctuating between $18.01 and $18.26. The company’s 5Y monthly beta was ticking 1.34 while its P/E ratio in the trailing … Where Do Analysts Think The KeyCorp (NYSE: KEY) Is Going Read More »
https://www.investing.com/news/pro/keycorp-pt-lowered-to-24-at-barclays-432SI-2851446
KEY earnings call for the period ending June 30, 2022.
The following slide deck was published by KeyCorp in conjunction with their 2022 Q2 earnings call.
KeyCorp (NYSE:NYSE:KEY.PK) Q2 2022 Earnings Conference Call July 21, 2022 08:00 ET Company Participants Chris Gorman - Chairman and Chief Executive Officer Don Kimble - Chief Financial…
Companies Reporting Before The Bell • SAP (NYSE: SAP ) is projected to report quarterly earnings at $1.15 per share on revenue of $7.56 billion. • Webster Finl (NYSE: WBS ) is likely to report earnings for its second quarter. • Champions Oncology (NASDAQ: CSBR ) is projected to report quarterly earnings at $0.02 per share on revenue of $12.72 million. • Atlantic Union Bankshares (NASDAQ: AUB ) is estimated to report quarterly earnings at $0.70 per share on revenue of $172.65 million. • OFG Bancorp (NYSE: OFG ) is likely to report quarterly earnings at $0.74 per share on revenue of $111.55 million. • Home BancShares (NYSE: HOMB ) is likely to report quarterly earnings at $0.34 per share on revenue of $227.32 million. • Heritage Financial (NASDAQ: HFWA ) is projected to report quarterly earnings at $0.45 per share on revenue of $56.89 million. • KeyCorp (NYSE: KEY ) is expected to report quarterly earnings at $0.52 per share on revenue of $1.76 billion. • Tractor Supply (NASDAQ: TSCO ) is likely to report quarterly earnings at $3.
The KEYCORP ADVOCATES FUND-FEDERAL successfully filed their F3XN JULY MONTHLY with the coverage period of 06/01/2022 to 06/30/2022 and a confirmation ID of FEC-1618144 *********CommitteeId: C00399063 | FilingId: 1618144 | FormType: F3XN | CoverageFrom: 06/01/2022 | CoverageThrough: 06/30/2022 | ReportType: JULY MONTHLY*********
KeyCorp (NYSE: KEY ) is set to give its latest quarterly earnings report on Thursday, 2022-07-21. Here''s what investors need to know before the announcement. Analysts estimate that KeyCorp will report an earnings per share (EPS) of $0.52. KeyCorp bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the … Full story available on Benzinga.com
KeyCorp (KEY) is scheduled to announce Q2 earnings results on Thursday, July 21st, before market open.The consensus EPS Estimate is $0.52 (-27.8% Y/Y) and the consensus Revenue Estimate…
Axalta Coating Systems (AXTA), FMC Corp. (FMC) and Albemarle (ALB) are upgraded at KeyBanc on Wednesday, which said it expects U.S
I am writing today about six undervalued bank stocks to buy now. These banks are high quality as they will keep paying their dividends and buying back stock. Those two measures will help push their prices higher. Moreover, their valuations are very inexpensive with low price-to-earnings (P/E) multiples, and low price-to-tangible book value per share (P/TBVPS) ratios. The average of this group is 8.8x and the average yield is 3.89%, as the table on the right shows. Source: Mark R. Hake, CFA However, due to bank’s inherent leverage, even if just 3% of the loan assets stop making payments and the bank has to begin the process of writing them off, it reduces equity by 30%. That is, the book value will drop precipitously. The market will react violently to this and the bank will have trouble raising capital to replace that reduction. Then the regulators come in and screw the nuts even tighter. This is why banks keep reserves and also start taking provisions. Moreover, smaller regional banks tend to be under less pressure than other larger money center banks.
KeyCorp (NYSE:KEY)’s traded shares stood at 1.15 million during the latest session, with the company’s beta value hitting 1.34. At the last check today, the stock’s price was $17.69, to imply an increase of 0.40% or $0.07 in intraday trading. The KEY share’s 52-week high remains $27.17, putting it -53.59% down since that peak but … KeyCorp (NYSE: KEY) Fell -53.59% From Highs, What Does The Future Hold? Read More »
KeyCorp found using ticker (KEY) have now 19 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 38 and 17 calculating the average target price we see 24.44. Given that the stocks previous close was at 17.38 this would imply there is a potential upside of 40.6%. The 50 day MA is 18.71 and the 200 moving average now moves to 22.34. The market capitalisation for the company is $16,085m. You can visit the company''s website by visiting: https://www.key.com [stock_market_widget type="chart" template="basic" color="green" assets="KEY" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $22,619m based on the market concensus. KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and 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, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.
KeyCorp (NYSE:KEY) declares $0.195/share quarterly dividend, in line with previous.Forward yield 4.52%Payable Sept. 15; for shareholders of record Aug. 30; ex-div Aug.
KeyCorp (KEY) with the stream of -0.75% also noticed, India Camber Energy, Inc. (CEI) encountered a rapid change of -2.63% in the last hour of trading session. KeyCorp (NYSE:KEY) closed … The post Stock Runner: KeyCorp (NYSE:KEY), Camber Energy, Inc. (AMEX:CEI) appeared first on Stocks Equity .
Wedbush sees some upside but is cautious on Huntington Bancshares, Keycorp and other financial stocks.
KeyCorp (KEY) with the stream of 1.57% also noticed, India DocuSign, Inc. (DOCU) encountered a rapid change of 6.69% in the last hour of trading session. KeyCorp (NYSE:KEY) closed at … The post Alarming Stock: KeyCorp (NYSE:KEY), DocuSign, Inc. (NASDAQ:DOCU) appeared first on Stocks Equity .
THE WOODLANDS, Texas, July 05, 2022 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE: REI ) ("Ring" or the "Company") today announced it has entered into an agreement to acquire (the "Transaction") the assets of privately-held Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP (collectively, "Stronghold"). Stronghold''s operations are located primarily in Crane County, Texas and focused on the development of approximately 37,000 net acres in the Permian Basin''s Central Basin Platform ("CBP"). Stronghold is majority owned by Warburg Pincus, LLC, a leading growth investor ("Warburg Pincus"). Consideration for the Transaction, subject to customary closing adjustments, consists of: $200.0 million in cash at closing; $15.0 million deferred cash payment due six months after closing; $20.0 million of existing Stronghold hedge liability; and $230.0 million in Ring equity based on a 20-day volume weighted average price ("VWAP") of $3.60 per common share as of June 30, 2022, all of which will be issued to the owners of Stronghold.
Cytokinetics, Incorporated (CYTK) with the stream of 4.35% also noticed, India KeyCorp (KEY) encountered a rapid change of 1.57% in the last hour of trading session. Cytokinetics, Incorporated (NASDAQ:CYTK) closed … The post Beholding Stock: Cytokinetics, Incorporated (NASDAQ:CYTK), KeyCorp (NYSE:KEY) appeared first on Stocks Equity .
KeyBanc hailed the CEO successions in two significant companies citing different reasons. Pinterest, Inc announced that Co-founder and CEO Ben Silbermann would transition from his current role to the newly created Executive Chair position. Incoming CEO Bill Ready served as President of Commerce, Payments, and Next Billion Users at Alphabet Inc Google. Previously, Ready served as COO at PayPal Holdings, Inc. […]