Kearny Bank is principally engaged in the business of attracting deposits from the general public at its 41 locations in New Jersey and using these deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. Loans originated or purchased by the Bank generally include loans collateralized by residential and commercial real estate augmented by secured and unsecured loans to businesses and consumers. The investment securities purchased by the Bank generally include United States agency mortgage-backed securities, United States government and agency debentures and bank-qualified municipal obligations.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Savings & Loans
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:KRNY
- CUSIP: 48716910
- Web: www.kearnyfederalsavings.com
- Market Cap: $1.18 billion
- Outstanding Shares: 83,643,000
- 50 Day Moving Avg: $14.67
- 200 Day Moving Avg: $15.04
- 52 Week Range: $12.14 - $16.10
Sales & Book Value:
- Trailing P/E Ratio: 63.57
- Foreward P/E Ratio: 58.54
- P/E Growth: 15.91
- Annual Revenue: $105.37 million
- Price / Sales: 11.15
- Book Value: $13.08 per share
- Price / Book: 1.07
- Annual Dividend: $0.08
- Dividend Yield: 0.6%
- Net Margins: 13.26%
- Return on Equity: 1.69%
- Return on Assets: 0.42%
- Debt-to-Equity Ratio: 0.63%
- Current Ratio: 1.09%
- Quick Ratio: 1.09%
- Average Volume: 393,382 shs.
- Beta: 0.63
- Short Ratio: 10.16
Frequently Asked Questions for Kearny Financial (NASDAQ:KRNY)
What is Kearny Financial's stock symbol?
Kearny Financial trades on the NASDAQ under the ticker symbol "KRNY."
How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial?
Kearny Financial announced a quarterly dividend on Thursday, May 25th. Stockholders of record on Wednesday, June 7th will be paid a dividend of $0.03 per share on Wednesday, June 21st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date of this dividend is Monday, June 5th. View Kearny Financial's Dividend History.
How were Kearny Financial's earnings last quarter?
Kearny Financial (NASDAQ:KRNY) released its quarterly earnings data on Monday, January, 30th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.01. The business earned $29.06 million during the quarter. Kearny Financial had a return on equity of 1.69% and a net margin of 13.26%. View Kearny Financial's Earnings History.
When will Kearny Financial make its next earnings announcement?
Where is Kearny Financial's stock going? Where will Kearny Financial's stock price be in 2017?
2 analysts have issued 12-month price objectives for Kearny Financial's stock. Their forecasts range from $13.00 to $17.00. On average, they expect Kearny Financial's share price to reach $15.00 in the next year. View Analyst Ratings for Kearny Financial.
Who are some of Kearny Financial's key competitors?
Some companies that are related to Kearny Financial include Columbia Banking System (COLB), Astoria Financial Corp (AF), Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), Northwest Bancshares (NWBI), Provident Financial Services (PFS), BofI Holding (BOFI), Berkshire Hills Bancorp (BHLB), Brookline Bancorp (BRKL), Meridian Bancorp (EBSB), OceanFirst Financial Corp. (OCFC), United Financial Bancorp (UBNK), Meta Financial Group (CASH), Flushing Financial (FFIC), HomeStreet (HMST), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF) and Bank Mutual (BKMU).
Who owns Kearny Financial stock?
Kearny Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.57%), Dimensional Fund Advisors LP (5.08%), Renaissance Technologies LLC (4.07%), Villere ST Denis J & Co. LLC (3.90%), Acadian Asset Management LLC (3.32%) and FMR LLC (2.79%). Company insiders that own Kearny Financial stock include Christopher Petermann, Eric B Heyer, John F Mcgovern, John F Regan, Leopold W Montanaro and Patrick M Joyce. View Institutional Ownership Trends for Kearny Financial.
Who sold Kearny Financial stock? Who is selling Kearny Financial stock?
Kearny Financial's stock was sold by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Bank of New York Mellon Corp, Kennedy Capital Management Inc., FMR LLC, Morgan Stanley, Hennessy Advisors Inc., UBS Group AG and Swift Run Capital Management LLC. Company insiders that have sold Kearny Financial stock in the last year include Eric B Heyer and John F Regan. View Insider Buying and Selling for Kearny Financial.
Who bought Kearny Financial stock? Who is buying Kearny Financial stock?
Kearny Financial's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Renaissance Technologies LLC, Acadian Asset Management LLC, JPMorgan Chase & Co., Vanguard Group Inc., Systematic Financial Management LP, Pax World Management LLC and Goldman Sachs Group Inc.. Company insiders that have bought Kearny Financial stock in the last two years include Christopher Petermann, John F Mcgovern and Leopold W Montanaro. View Insider Buying and Selling for Kearny Financial.
How do I buy Kearny Financial stock?
Shares of Kearny Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Kearny Financial stock cost?
One share of Kearny Financial stock can currently be purchased for approximately $14.05.
Earnings History for Kearny Financial (NASDAQ:KRNY)Earnings History by Quarter for Kearny Financial (NASDAQ:KRNY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|8/6/2014||Q414||$0.04||$0.04||$18.67 million||$20.62 million||View||N/A|
|5/1/2014||Q3 2014||$0.05||$0.03||$20.87 million||View||N/A|
Earnings Estimates for Kearny Financial (NASDAQ:KRNY)
Current Year EPS Consensus Estimate: $0.22 EPS
Next Year EPS Consensus Estimate: $0.24 EPS
Current Dividend Information for Kearny Financial (NASDAQ:KRNY)
|Payout Ratio:||38.10% (Trailing 12 Months of Earnings) |
36.36% (Based on This Year's Estimates)
33.33% (Based on Next Year's Estimates)
Dividend History by Quarter for Kearny Financial (NASDAQ:KRNY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Kearny Financial (NASDAQ:KRNY)
Insider Ownership Percentage: 2.68%Insider Trades by Quarter for Kearny Financial (NASDAQ:KRNY)
Institutional Ownership Percentage: 65.58%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2017||Eric B. Heyer||CFO||Sell||41,412||$15.38||$636,916.56|| |
|2/2/2017||John F. Regan||Director||Sell||13,450||$14.94||$200,943.00|| |
|8/23/2016||Christopher Petermann||Director||Buy||200||$13.61||$2,722.00|| |
|8/22/2016||Christopher Petermann||Director||Buy||1,000||$13.54||$13,540.00|| |
|8/18/2016||Christopher Petermann||Director||Buy||1,000||$13.53||$13,530.00|| |
|8/11/2016||John F Mcgovern||Director||Buy||3,300||$13.29||$43,857.00|| |
|8/9/2016||Leopold W Montanaro||Director||Buy||1,290||$13.09||$16,886.10|| |
|5/20/2016||Christopher Petermann||Director||Buy||1,000||$12.79||$12,790.00|| |
|5/13/2016||Patrick M Joyce||EVP||Sell||2,500||$12.68||$31,700.00|| |
|5/30/2014||Patrick M Joyce||EVP||Sell||1,000||$14.14||$14,140.00|| |
|5/12/2014||Khanh Vuong||EVP||Sell||1,317||$14.08||$18,543.36|| |
|11/13/2013||Leopold W Montanaro||Director||Buy||1,000||$10.47||$10,470.00|| |
|8/5/2013||Patrick M Joyce||SVP||Sell||2,000||$10.53||$21,060.00|| |
|6/10/2013||Albert E Gossweiler||SVP||Sell||7,076||$10.00||$70,760.00|| |
|6/7/2013||Albert E Gossweiler||SVP||Sell||11,000||$10.01||$110,110.00|| |
|6/6/2013||Albert E Gossweiler||SVP||Sell||7,980||$10.02||$79,959.60|| |
|5/13/2013||Patrick M Joyce||SVP||Sell||1,500||$10.06||$15,090.00|| |
|11/12/2012||Theodore J Aanensen||Director||Buy||2,101||$8.99||$18,887.99|| |
Headline Trends for Kearny Financial (NASDAQ:KRNY)
Latest Headlines for Kearny Financial (NASDAQ:KRNY)
|Kearny Financial Announces Quarterly Dividend of $0.03 (KRNY)|
www.americanbankingnews.com - May 25 at 6:50 PM
|Kearny Financial Corp. Announces Authorization for Second Stock Repurchase Plan and Declares Quarterly Cash Dividend|
finance.yahoo.com - May 24 at 6:13 PM
|Kearny Financial (KRNY) Given Underperform Rating at Keefe, Bruyette & Woods|
www.americanbankingnews.com - May 16 at 9:06 AM
|Noteworthy Friday Option Activity: CIT, KRNY, CLR|
www.nasdaq.com - May 12 at 6:52 PM
|Kearny Financial (KRNY) Given News Impact Rating of 0.31|
www.americanbankingnews.com - May 4 at 9:30 PM
|Kearny posts 3Q profit|
marketbeat.com - April 27 at 7:45 PM
|Kearny Financial misses by $0.01, beats on net interest income|
seekingalpha.com - April 27 at 6:47 PM
|Kearny Financial Corp. Reports Third Quarter 2017 Operating Results|
finance.yahoo.com - April 27 at 6:47 PM
|Kearny Financial (KRNY) Given Media Impact Rating of 0.31|
www.americanbankingnews.com - April 26 at 12:28 PM
|Kearny Financial Corp. breached its 50 day moving average in a Bullish Manner : KRNY-US : April 24, 2017|
finance.yahoo.com - April 24 at 7:18 PM
|Kearny Financial (KRNY) Receiving Favorable Press Coverage, Study Finds|
www.americanbankingnews.com - April 21 at 11:18 PM
|ETFs with exposure to Kearny Financial Corp. : April 7, 2017|
finance.yahoo.com - April 7 at 6:11 PM
|Keefe, Bruyette & Woods Reiterates Hold Rating for Kearny Financial (KRNY)|
www.americanbankingnews.com - April 5 at 12:07 PM
|Zacks: Brokerages Set $13.50 Price Target for Kearny Financial (KRNY)|
www.americanbankingnews.com - April 3 at 1:23 PM
|5:01 pm Kearny Financial increases quarterly dividend to $0.03/share from $0.02/share|
finance.yahoo.com - February 16 at 5:52 PM
|Kearny Financial Corp. Reports Second Quarter 2017 Operating Results|
us.rd.yahoo.com - January 30 at 11:55 PM
|Kearny Financial declares $0.02 dividend|
seekingalpha.com - November 16 at 6:13 PM
|[$$] Three Thrifts Worth Betting On|
www.barrons.com - October 29 at 8:49 AM
|Kearny Financial Corp. Announces Results of 2016 Annual Meeting|
finance.yahoo.com - October 27 at 5:56 PM
|Exclusive: 35-story hotel and residential tower proposed atop historic S.F. corner|
www.bizjournals.com - August 22 at 5:55 PM
|Kearny Financial EPS in-line, beats on revenue|
seekingalpha.com - August 4 at 6:18 PM
|Kearny Financial Corp (KRNY.OQ)|
www.reuters.com - July 21 at 6:05 PM
|Red, white and 'cue: How 2 Marines built a thriving barbecue business|
www.foxnews.com - July 1 at 8:40 AM
Kearny Financial (KRNY) Chart for Friday, May, 26, 2017