NASDAQ:KRNYKearny Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kearny Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.04 +0.34 (+4.42 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$7.60Now: $8.04▼$8.0550-Day Range$7.23MA: $7.77▼$8.2752-Week Range$7.22Now: $8.04▼$14.40Volume212,114 shsAverage Volume384,187 shsMarket Capitalization$672.63 millionP/E Ratio14.89Dividend Yield4.16%Beta0.65 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as one-to-four family mortgage loans; commercial mortgages, including loans secured by multi-family, mixed-use, and nonresidential properties; secured and unsecured business loans; consumer loans, such as home equity loans, home equity lines of credit, account loans, overdraft lines of credit, vehicle loans, personal loans, and loans secured by savings accounts and certificates of deposit; and construction loans to builders/developers and individual homeowners. In addition, the company engages in investment activities. As of August 15, 2018, it operated a total of 54 retail branch offices located throughout northern and central New Jersey, and Brooklyn and Staten Island, New York. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingKearny Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Kearny Financial has a potential upside of 24.4% from its current price of $8.04.Amount of Analyst CoverageKearny Financial has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesKearny Financial has received 197 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKearny Financial has received 277 “underperform” votes. (Add your “underperform” vote.)Community SentimentKearny Financial has received 58.44% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Kearny Financial and other stocks. Vote “Outperform” if you believe KRNY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KRNY will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipKearny Financial is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKearny Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Kearny Financial is 59.26%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kearny Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.57% of the stock of Kearny Financial is held by insiders.Percentage Held by Institutions64.05% of the stock of Kearny Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Kearny Financial is 14.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Kearny Financial is 14.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.98.Price to Book Value per Share RatioKearny Financial has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.00 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:KRNY Previous Symbol CUSIP48716910 CIK1617242 Webwww.kearnybank.com Phone973-244-4500Debt Debt-to-Equity Ratio1.29 Current Ratio1.09 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio14.89 Forward P/E Ratio15.17 P/E GrowthN/A Sales & Book Value Annual Sales$252.93 million Price / Sales2.66 Cash Flow$0.42 per share Price / Cash Flow19.35 Book Value$12.11 per share Price / Book0.66Profitability EPS (Most Recent Fiscal Year)$0.54 Net Income$44.97 million Net Margins17.78% Return on Equity4.01% Return on Assets0.66%Miscellaneous Employees520 Outstanding Shares83,660,000Market Cap$672.63 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $8.04 +0.34 (+4.42 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive KRNY News and Ratings via Email Sign-up to receive the latest news and ratings for KRNY and its competitors with MarketBeat's FREE daily newsletter. Kearny Financial (NASDAQ:KRNY) Frequently Asked Questions How has Kearny Financial's stock been impacted by COVID-19 (Coronavirus)? Kearny Financial's stock was trading at $10.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KRNY stock has decreased by 20.5% and is now trading at $8.04. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Kearny Financial? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kearny Financial. When is Kearny Financial's next earnings date? Kearny Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Kearny Financial. How were Kearny Financial's earnings last quarter? Kearny Financial Corp. (NASDAQ:KRNY) posted its quarterly earnings data on Thursday, July, 30th. The savings and loans company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.09. The savings and loans company earned $45.45 million during the quarter, compared to analyst estimates of $42.45 million. Kearny Financial had a net margin of 17.78% and a return on equity of 4.01%. View Kearny Financial's earnings history. How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial? Kearny Financial announced a quarterly dividend on Wednesday, May 20th. Investors of record on Wednesday, June 3rd will be given a dividend of $0.08 per share on Wednesday, June 17th. This represents a $0.32 annualized dividend and a yield of 3.98%. The ex-dividend date is Tuesday, June 2nd. View Kearny Financial's dividend history. What price target have analysts set for KRNY? 1 Wall Street analysts have issued 1 year target prices for Kearny Financial's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Kearny Financial's share price to reach $10.00 in the next year. This suggests a possible upside of 24.4% from the stock's current price. View analysts' price targets for Kearny Financial. Has Kearny Financial been receiving favorable news coverage? Press coverage about KRNY stock has trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kearny Financial earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned media stories about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Kearny Financial. Are investors shorting Kearny Financial? Kearny Financial saw a increase in short interest in July. As of July 31st, there was short interest totaling 1,180,000 shares, an increase of 20.2% from the July 15th total of 982,000 shares. Based on an average daily trading volume, of 343,700 shares, the days-to-cover ratio is currently 3.4 days. Approximately 1.5% of the company's stock are short sold. View Kearny Financial's Short Interest. Who are some of Kearny Financial's key competitors? Some companies that are related to Kearny Financial include New York Community Bancorp (NYCB), People's United Financial (PBCT), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Simply Good Foods (SMPL), Washington Federal (WAFD), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), EverBank Financial (EVER), OceanFirst Financial (OCFC) and At Home Group (HOME). View all competitors. What other stocks do shareholders of Kearny Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kearny Financial investors own include Public Service Enterprise Group (PEG), Southern National Banc. of Virginia (SONA), New Jersey Resources (NJR), Pure Storage (PSTG), Columbia Financial (CLBK), Melrose Bancorp (MELR), Meridian Bancorp (EBSB), General Electric (GE), Merck & Co., Inc. (MRK) and People's United Financial (PBCT). Who are Kearny Financial's key executives? Kearny Financial's management team includes the following people: Mr. Craig L. Montanaro, Pres, CEO & Director (Age 53)Mr. Eric B. Heyer, Sr. EVP & COO (Age 57)Ms. Erika J. Parisi, Exec. VP & Director of Customer Relationship Management Analytics (Age 54)Mr. Patrick M. Joyce, Chief Lending Officer & Exec. VP (Age 54)Mr. Keith Suchodolski, Exec. VP & CFO (Age 39) What is Kearny Financial's stock symbol? Kearny Financial trades on the NASDAQ under the ticker symbol "KRNY." Who are Kearny Financial's major shareholders? Kearny Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (5.68%), Russell Investments Group Ltd. (1.01%), WINTON GROUP Ltd (0.31%), Raymond James & Associates (0.29%), Swiss National Bank (0.21%) and Grace & White Inc. NY (0.21%). Company insiders that own Kearny Financial stock include Catherine A Lawton, Christopher Petermann, Craig Montanaro, Eric B Heyer, John F Mcgovern, John F Regan, Keith Suchodolski, Patrick M Joyce, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson. View institutional ownership trends for Kearny Financial. Which major investors are selling Kearny Financial stock? KRNY stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Villere ST Denis J & Co. LLC, Hennessy Advisors Inc., UBS Group AG, New York State Common Retirement Fund, Russell Investments Group Ltd., Creative Planning, and Grace & White Inc. NY. Company insiders that have sold Kearny Financial company stock in the last year include John F Regan, and Timothy A Swansson. View insider buying and selling activity for Kearny Financial. Which major investors are buying Kearny Financial stock? KRNY stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, WINTON GROUP Ltd, Seizert Capital Partners LLC, Principal Financial Group Inc., Quantitative Systematic Strategies LLC, Swiss National Bank, SG Americas Securities LLC, and ProShare Advisors LLC. Company insiders that have bought Kearny Financial stock in the last two years include Catherine A Lawton, Christopher Petermann, and John F Mcgovern. View insider buying and selling activity for Kearny Financial. How do I buy shares of Kearny Financial? Shares of KRNY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Kearny Financial's stock price today? One share of KRNY stock can currently be purchased for approximately $8.04. How big of a company is Kearny Financial? Kearny Financial has a market capitalization of $672.63 million and generates $252.93 million in revenue each year. The savings and loans company earns $44.97 million in net income (profit) each year or $0.54 on an earnings per share basis. Kearny Financial employs 520 workers across the globe. What is Kearny Financial's official website? The official website for Kearny Financial is www.kearnybank.com. How can I contact Kearny Financial? Kearny Financial's mailing address is 120 PASSAIC AVENUE, FAIRFIELD NJ, 07004. The savings and loans company can be reached via phone at 973-244-4500 or via email at [email protected] This page was last updated on 8/8/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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