KeyCorp (KEY) has had a significant period filled with multiple occurrences. Their stock has experienced both rises and drops, however, it remains a potential momentum stock for the long term. Notably, the company had a strong earnings beat and upgraded profitability outlook, prompting some analysts to elevate their price targets. Despite small decreases post-earnings, the company managed a 5.2% increase after adjusting its net interest margin outlook for 2026. Renowned investment expert, Jim Cramer lauded the company affirming its stable yield. KeyCorp reaffirms its commitment to shareholders via regular dividend payouts and recently, a US$1 billion share buyback plan - even amidst a 14% dip over the last month. KeyCorp announced a naming rights deal extension with Buffalo Sabres and a similar deal for a new event center at the Pro Football Hall of Fame. The company's strides in the banking sector are gaining recognition; however, some feel its loan growth guidance for 2025 falls short. KeyCorp continues making strategic decisions including appointing Mohit Ramani as Chief Risk Officer, reportedly contributing to a rise in its stock amidst revised financial outlooks.
Keycorp KEY News Analytics from Thu, 26 Dec 2024 08:00:00 GMT to Wed, 03 Sep 2025 14:47:36 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -1
