How to Buy Keycorp Stock
Keycorp
Keycorp is a bank company located in Ohio, United States, which is part of the Financial Services sector, and is traded under the ticker KEY on the NYSE exchange.
Keycorp stock last closed at $18.06, down 1.37% from the previous day, and has increased 38.71% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.03 percentage points. Keycorp stock is currently +39.57% from its 52-week low of $12.94, and -9.88% from its 52-week high of $20.04.
There are currently 991.28M KEY shares outstanding. The market cap of KEY is $17.90B. In the past 24 hours, 7.74M KEY shares were traded.
How to Buy Keycorp Stock
Wondering how to invest in Keycorp stock? Here's how.
- Choose where to buy Keycorp stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Keycorp stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your info.
- Evaluate Keycorp stock: The Keycorp ticker symbol is KEY. Is Keycorp stock a good investment? Should you buy shares of KEY? How do KEY's underlying business fundamentals look? Do top analysts think Keycorp is a good buy? Why has KEY's stock price moved recently? (Hint: Our stock market research tools can help you figure out if KEY is a good stock to buy).
- Place your KEY buy order: Decide if you will purchase KEY shares at the current market price or use a limit order to purchase KEY stock at a specific price.
- Get the latest news on your KEY position: Create a watchlist to get live updates on your position in Keycorp shares.
Step 1: Choose where to buy Keycorp stock
You will need a brokerage account in order to access the NYSE market and buy KEY stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to invest in KEY stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on stock market app, you need to deposit funds:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Keycorp stock
Once you have decided on the best place to buy Keycorp stock, it's very important to research their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Overview of key KEY info
KEY Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on KEY's stock page.
Is KEY stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge KEY's true value.
Using relative valuations methods:
- KEY could be overvalued based on its P/E ratio of 1,806x, relative to Banks - Regional industry P/E ratio of 35.27x
- KEY may be undervalued based on its P/B ratio of 1.06x, relative to Banks - Regional industry P/B ratio of 1.16x
- KEY could be overvalued based on its PEG ratio of 1.8x
You can access more valuation analysis on KEY's stock here.
KEY Financial Summary
Signs that KEY is not financially healthy:
- KEY profit margin has gone down from 18.9% to 0.1% in the past year.
- Total KEY debt is higher than 5 years ago, relative to shareholder equity.
- KEY has a relatively high debt to equity ratio of 10.26.
Do Wall Street analysts think it's a good time to buy KEY stock
Out of 16 sell side analysts who give ratings on KEY, the consensus analyst rating on KEY is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest KEY Analyst Forecasts
Erika Najarian, a bottom 10% analyst from UBS maintains KEY with a hold rating and raises their KEY price target from $17.00 to $18.00, on Oct 23, 2024.
Peter Winter, a top 22% analyst from DA Davidson maintains KEY with a strong buy rating and raises their KEY price target from $19.00 to $20.00, on Oct 21, 2024.
Jason Goldberg, a top 33% analyst from Barclays maintains KEY with a hold rating and raises their KEY price target from $16.00 to $19.00, on Oct 18, 2024.
Gerard Cassidy, a top 4% analyst from RBC Capital maintains KEY with a buy rating and raises their KEY price target from $17.00 to $18.00, on Oct 18, 2024.
David George, a top 13% analyst from Baird downgrades KEY to a hold rating and lowers their KEY price target from $18.00 to $17.00, on Oct 14, 2024.
You can dive deeper into what analysts are projecting on the Keycorp stock forecast page.
KEY Technical Indicators
KEY Performance Numbers
Last year, KEY earnings were $5.00M. During the last five year, KEY's earnings have grown by -63.85% per year. This was slower than the Banks - Regional industry average of 29.73%.
Last year, KEY revenue was $4.85B. Over the last 5 year, KEY's revenue has increased by -4.12% per year. This was slower than the Banks - Regional industry average of 15.3%.
You can research KEY's earnings and revenue performance here.
Who is buying/selling KEY?
In the past year, insiders at KEY have sold more shares than they have bought.
Angela G. Mago, Chief Human Resources Officer of KEY, was the latest KEY insider to sell. They sold $294,065.49 worth of KEY stock on Nov 6, 2024.
Get more info about who owns KEY stock here.
Does KEY stock generate passive income?
Keycorp pays a dividend of 4.54%, compared to the Banks - Regional industry's average dividend yield of 2.82%. If you owned $1,000 worth of KEY stock, you would have been paid $45.40 in the past year.
Keycorp dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Keycorp dividend yield and history here.
What others are saying about KEY
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your KEY buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your KEY position
Now that you own some KEY stock, you'll want to keep up with your new shares.
Start a watchlist to keep tabs on your KEY stock.
KEY Feed
How to Buy Stock in Keycorp
To summarize, here are the 6 steps to buy Keycorp stock:
- Choose where to buy Keycorp stock
- Create a brokerage account
- Fund your investment account
- Evaluate Keycorp stock
- Place your KEY buy order
- Get the latest news on your KEY position
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to watch your investment in Keycorp, add KEY to your watchlist below.
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