Kearny Financial Stock Price, News & Analysis (NASDAQ:KRNY)

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KRNY shares.
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2 Wall Street research analysts have issued 1 year price targets for Kearny Financial's shares. Their KRNY share price targets range from $9.00 to $11.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
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Kearny Financial's stock was trading at $10.15 at the beginning of 2023. Since then, KRNY shares have decreased by 18.2% and is now trading at $8.30.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our KRNY earnings forecast.

Kearny Financial Corp. (NASDAQ:KRNY) released its quarterly earnings results on Thursday, October, 26th. The savings and loans company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The savings and loans company had revenue of $43.17 million for the quarter, compared to analyst estimates of $42.40 million. Kearny Financial had a net margin of 10.96% and a trailing twelve-month return on equity of 5.08%.

Kearny Financial announced a quarterly dividend on Thursday, October 26th. Investors of record on Wednesday, November 8th will be given a dividend of $0.11 per share on Wednesday, November 22nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Tuesday, November 7th.
Read our dividend analysis for KRNY.

Kearny Financial (NASDAQ:KRNY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.59%. KRNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 81.48%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for KRNY.

11 employees have rated Kearny Financial Chief Executive Officer Craig L. Montanaro on Glassdoor.com. Craig L. Montanaro has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kearny Financial investors own include Public Service Enterprise Group (PEG), Southern National Bancorp of Virginia (SONA), New Jersey Resources (NJR), Pure Storage (PSTG), Columbia Financial (CLBK), Meridian Bancorp (EBSB), General Electric (GE), Intel (INTC), Altria Group (MO).

Kearny Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (4.41%), Charles Schwab Investment Management Inc. (1.32%), Northern Trust Corp (0.82%), Bank of New York Mellon Corp (0.60%), AQR Capital Management LLC (0.58%) and American Century Companies Inc. (0.54%). Insiders that own company stock include Curtland E Fields, John F Mcgovern, John F Regan, John J Mazur Jr, Leopold W Montanaro, Leopold W Montanaro, Melvina Wong-Zaza, Patrick M Joyce, Patrick M Joyce, Raymond E Chandonnet, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson.
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Shares of KRNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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