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KeyCorp (KEY)

NYSE - NYSE Delayed Price. Currency in USD
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18.20+0.05 (+0.28%)
At close: 4:00PM EST
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  • B
    Bofo
    KEY 2020 Q4 earnings was excellent. Beat revenues $1.85B actual vs $1.72B expected.
    Beat earnings .56/share actual vs .42/share expected. Earnings were helped by the release of some loan loss reserves. Key also announced a $900 million share buyback, which should bolster stock price. Listen to the conference call for any forward-looking details that might affect share price.
  • C
    Cohen
    What are we thinking? 19.5?
  • D
    D
    KEY announced .18 dividend payable March 15. Hope they announce an div increase on earnings and update to capital plan next Thur.
  • B
    Bofo
    All bank stocks up huge in past 2 days due to Georgia senate elections going all democratic. This caused the 10-year treasury bill yield to go over 1.0%. It is up again today to 1.08%. The steepening of the yield curve means that banks will make more $$$ on their loans. Keep an eye on the 10-year T-Bill yield for further gains/losses.
  • S
    SULLY
    So many experts claimed the market would drop 10% if the democrats controlled the senate!

    Where are those experts now?
  • C
    Cracker
    KEY being driven down by weakness in the KRE. Despite a good earnings report. Rev up 12.64% and earnings per share up 16.67%. Buying opportunity.
  • J
    J o C
    I just set the price with a pre- market buy at $18.37. I see it going to $20.
  • A
    Anonymous
    56c vs 43c expected; impressive.
  • A
    Anonymous
    Huge earnings beat!
  • T
    Tyrone
    Wait for it.. this has another 10% gain near term
  • D
    D
    This week in Barrons, article say Bank Mergers pick up heading into 2021. After HBAN announce plans to acquire TCF. Someone will buy KEY. They are a well managed bank with good balance sheet.
  • A
    Anthony
    Tanks ever day earnings are released. 27 in a row
  • K
    Katherine
    Key is vulnerable being target for merger and acquisition.
  • W
    Wooloo
    Pre Covid this was roughly 20. Many other FIs have made a ton more progress on returning to pre Covid levels. I think that with some positive news on Covid vaccines this is going to pop big time.
    I saw a recent upgrade by RBC....
  • D
    D
    KEY, on 11/19 nominated new Director to the Board. Robin N Hayes, CEO of Jetblue. First purchase of stock on Dec 14, 2500 shares at $16.00. Good sign for possible upside or token investment? Why would they need an airline CEO on the board? If the 10yr goes back to 1.5%, KEY should be over $20 soon plus all the money they put in reserve will be released if the bad loans expected does not pan out, plus they should be raising the dividend in Q121 after the Fed pause.
  • J
    Jay
    KEY provides great products & services to their clients. if they do as well transforming to the on line banking market as they have their clients and stakeholders, they will continue to provide a solid investment in my portfolio.
  • J
    Joe
    so much for earnings,
  • D
    D
    KEY, USB and CMA all doing good today.
  • C
    Cracker
    So MS maintains KEY at an equal wt. On 11/3 MS had a $15 PT and now they raise PT to $18
  • B
    Bofo
    @Anonymous - What wire fraud? I see no news stories on this. Please post a link.