Kearny Financial (KRNY) Projected to Announce Earnings on Thursday

Key Points

• Kearny Financial is expected to report Q1 2027 results on October 22 before the market opens, with analysts forecasting earnings of $0.17 per share and revenue of $46.97 million.
• The company’s previous quarter fell short of EPS expectations, reporting $0.15 versus the $0.17 consensus, although revenue slightly exceeded estimates at $45.69 million.
• Analyst sentiment is generally positive, with a “Moderate Buy” consensus and an average price target of $10.75; the company also offers a $0.44 annualized dividend yielding approximately 4.9%.

Kearny Financial (NASDAQ:KRNY - Get Free Report) is expected to issue its Q1 2027 results before the market opens on Thursday, October 22nd. Analysts expect Kearny Financial to announce earnings of $0.17 per share and revenue of $46.97 million for the quarter. Parties are encouraged to explore the company's upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:30 AM ET.

Kearny Financial (NASDAQ:KRNY - Get Free Report) last issued its earnings results on Thursday, July 23rd. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.02). Kearny Financial had a net margin of 10.45% and a return on equity of 4.90%. The firm had revenue of $45.69 million during the quarter, compared to the consensus estimate of $45.61 million. On average, analysts expect Kearny Financial to post $0.79 EPS for the current fiscal year and $1.00 EPS for the next fiscal year.

Kearny Financial Trading Down 1.3%

Shares of Kearny Financial stock opened at $8.94 on Thursday. The company has a market capitalization of $580.47 million, a price-to-earnings ratio of 15.68 and a beta of 0.65. The business has a fifty day simple moving average of $9.57 and a two-hundred day simple moving average of $8.92. Kearny Financial has a 1 year low of $6.22 and a 1 year high of $10.23. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.05 and a quick ratio of 1.05.

Kearny Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th were paid a $0.11 dividend. The ex-dividend date was Wednesday, August 12th. This represents a $0.44 annualized dividend and a yield of 4.9%. Kearny Financial's payout ratio is 77.19%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on KRNY. Weiss Ratings upgraded shares of Kearny Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, August 24th. Piper Sandler raised their price target on shares of Kearny Financial from $9.50 to $10.50 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Finally, Raymond James Financial started coverage on Kearny Financial in a research report on Wednesday, August 26th. They set an "outperform" rating and a $11.00 price objective on the stock. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $10.75.

Insiders Place Their Bets

In other news, Director Leopold Montanaro acquired 4,773 shares of the firm's stock in a transaction dated Monday, August 10th. The stock was purchased at an average price of $9.46 per share, for a total transaction of $45,152.58. Following the completion of the acquisition, the director directly owned 270,000 shares in the company, valued at $2,554,200. The trade was a 1.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Curtland E. Fields purchased 14,700 shares of the firm's stock in a transaction on Monday, July 27th. The shares were acquired at an average price of $9.41 per share, with a total value of $138,327.00. Following the purchase, the director directly owned 57,900 shares in the company, valued at $544,839. This represents a 34.03% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 21,033 shares of company stock valued at $198,502 over the last 90 days. Corporate insiders own 7.68% of the company's stock.

About Kearny Financial

Kearny Financial Corp. is the holding company for Kearny Bank, a community-oriented savings bank serving customers in northern and central New Jersey and parts of New York. The bank provides traditional retail and commercial banking services through branch locations and digital banking channels.

Kearny Bank's products and services include checking and savings accounts, certificates of deposit, residential mortgages, home equity loans, commercial real estate financing, construction loans, business loans and consumer lending.

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