KEY-PJKeyCorp
The Read
2% on macro catalysts, but on June 17, 2026, it only rose about 0.
The schedule
- Tue3Nov
Third-quarter 2026 earnings release providing a critical update on operating leverage, deposit betas, and organic funding growth for KeyCorp.
- Fri29Jan
Annual internal review of KeyCorp's capital stack and preferred equity layer, assessing potential redemptions, restructuring, or issuance limits.
- Tue9Feb
Fourth-quarter 2026 earnings release, establishing the full-year trajectory for credit provisions, CRE portfolio health, and Tier 1 capital ratios.
- Tue4May
First-quarter 2027 earnings release, offering fresh guidance on annual lending volumes, loan-to-deposit ratios, and commercial real estate refinancing trends.
- Tue3Aug
Past
- Wed16Sep
Federal Reserve FOMC decision in September 2026, offering crucial rate path guidance that directly affects the valuation of fixed-rate preferred equities.
- Tue28Jul
Actual outcome: Bull · $21.59 at outcome
KeyCorp reported Q2 2026 EPS of $0.44, exactly in-line with consensus estimates. The stock exceeded the bull target as the market reacted positively to the results and the accompanying details regarding the bank's Commercial Real Estate (CRE) exposure, which likely alleviated credit quality concerns and supported the shares.
KeyCorp reported Q2 2026 EPS of $0.44, exactly in-line with consensus estimates. The stock exceeded the bull target as the market reacted positively to the results and the accompanying details regarding the bank's Commercial Real Estate (CRE) exposure, which likely alleviated credit quality concerns and supported the shares.
- Tue30Jun
Actual outcome: Bull · $20.87 at outcome
Price reached or exceeded bull target ($21.10) at outcome date.
The Federal Reserve's annual CCAR stress test results and subsequent capital return authorizations, dictating KeyCorp's dividend safety.
- Wed17Jun
Actual outcome: Bull · $20.63 at outcome
The Federal Reserve's June FOMC decision delivered rate path projections that were highly supportive of fixed-income and preferred equities. KEY-PJ reached its bull target as the market interpreted the Fed's signaling as a stabilization of yields, which boosted demand for the preferred stock's attractive dividend profile.
The Federal Reserve's June FOMC decision and accompanying rate path signals under President Trump.
- Tue5May
Actual outcome: Bear · $20.17 at outcome
KeyCorp reported Q1 2026 EPS of $0.43, exactly matching consensus estimates. However, the in-line headline results were overshadowed by underlying market concerns regarding credit costs and capital pressures, which dictate the perceived risk of the preferred shares. As a result, KEY-PJ faced downward pressure and fell 4.9% to close below the bear floor.
Q1 2026 results for KeyCorp around 2026-04-18 will reset views on credit costs and capital ratios, which drive perceived risk on the KEY-PJ preferred. With the preferred trading at $21.45, a clean quarter with stable net charge-offs and solid common equity tier 1 could lift KEY-PJ toward $22.10, while a surprise uptick in credit costs or capital pressure could push it down toward $22.10 by 2026-05-20.
