NASDAQ:KRNY Kearny Financial (KRNY) Stock Forecast, Price & News $6.98 -0.07 (-0.99%) (As of 09/20/2023 ET) Add Compare Share Share Today's Range$6.97▼$7.1350-Day Range$6.98▼$8.7752-Week Range$6.58▼$11.58Volume156,224 shsAverage Volume276,280 shsMarket Capitalization$454.75 millionP/E Ratio11.08Dividend Yield6.30%Price Target$10.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kearny Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside52.8% Upside$10.67 Price TargetShort InterestBearish3.08% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 4 Articles This WeekInsider TradingAcquiring Shares$124,280 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.66 out of 5 starsFinance Sector246th out of 830 stocksFederal Savings Institutions Industry9th out of 30 stocks 3.3 Analyst's Opinion Consensus RatingKearny Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Kearny Financial has a forecasted upside of 52.8% from its current price of $6.98.Amount of Analyst CoverageKearny Financial has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.08% of the float of Kearny Financial has been sold short.Short Interest Ratio / Days to CoverKearny Financial has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Kearny Financial has recently increased by 5.99%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKearny Financial is a leading dividend payer. It pays a dividend yield of 6.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKearny Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kearny Financial is 69.84%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRNY. Previous Next 2.6 News and Social Media Coverage News SentimentKearny Financial has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Kearny Financial this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for KRNY on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kearny Financial insiders have bought 251.85% more of their company's stock than they have sold. Specifically, they have bought $124,280.00 in company stock and sold $35,322.00 in company stock.Percentage Held by InsidersOnly 7.56% of the stock of Kearny Financial is held by insiders.Percentage Held by Institutions64.09% 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 11.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Kearny Financial is 11.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 92.45.Price to Book Value per Share RatioKearny Financial has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kearny Financial (NASDAQ:KRNY) StockKearny 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 multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. Kearny Financial Corp. was founded in 1884 and is headquartered in Fairfield, New Jersey.Read More KRNY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRNY Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comShort Interest in Kearny Financial Corp. (NASDAQ:KRNY) Grows By 6.0%September 15, 2023 | finance.yahoo.comDirector John Mcgovern Buys 7,013 Shares of Kearny Financial CorpSeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 10, 2023 | msn.comKearny Financial Management Remains Undeterred By Current Market EnvironmentSeptember 1, 2023 | finance.yahoo.comKearny Financial Corp. (NASDAQ:KRNY) is favoured by institutional owners who hold 70% of the companyAugust 5, 2023 | finance.yahoo.comAn Insider Of Kearny Financial Picks Up 136% More StockJuly 30, 2023 | finance.yahoo.comKearny Financial's (NASDAQ:KRNY) Dividend Will Be $0.11July 27, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Announces Fourth Quarter and Fiscal Year End 2023 Results and Declaration of Cash DividendSeptember 21, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.July 27, 2023 | finance.yahoo.comKearny Financial Corp. Announces Fourth Quarter and Fiscal Year End 2023 Results and Declaration of Cash DividendJune 22, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Appoints New Board MembersJune 22, 2023 | finance.yahoo.comKearny Financial Corp. Appoints New Board MembersMay 29, 2023 | finance.yahoo.comKearny Financial (NASDAQ:KRNY) shareholders have endured a 43% loss from investing in the stock five years agoMay 2, 2023 | finance.yahoo.comKearny Financial (NASDAQ:KRNY) Will Pay A Dividend Of $0.11May 1, 2023 | markets.businessinsider.comKBW Sticks to Its Hold Rating for Kearny Financial (KRNY)April 28, 2023 | msn.comKearny Financial (KRNY) Declares $0.11 DividendApril 27, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Announces Third Quarter Fiscal 2023 Results and Declaration of Cash DividendApril 27, 2023 | finance.yahoo.comKearny Financial Corp. Announces Third Quarter Fiscal 2023 Results and Declaration of Cash DividendApril 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from Kearny Financial's earnings reportApril 6, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on Kearny Financial (KRNY)April 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Kearny Financial (KRNY) Market Perform RecommendationMarch 19, 2023 | finance.yahoo.comJohn McGovern Is The Independent Director of Kearny Financial Corp. (NASDAQ:KRNY) And They Just Picked Up 3.0% More SharesMarch 1, 2023 | finance.yahoo.comKearny Financial Corp. (NASDAQ:KRNY) is a favorite amongst institutional investors who own 72%January 26, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Announces Second Quarter Fiscal 2023 Results and Declaration of Cash DividendJanuary 26, 2023 | msn.comKearny Financial GAAP EPS of $0.03, revenue of $36.31MJanuary 26, 2023 | finance.yahoo.comKearny Financial Corp. Announces Second Quarter Fiscal 2023 Results and Declaration of Cash DividendJanuary 25, 2023 | msn.comEarnings Preview: Kearny FinancialSee More Headlines Receive KRNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kearny Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address KRNY Company Calendar Last Earnings7/27/2023Ex-Dividend for 8/23 Dividend8/08/2023Dividend Payable8/23/2023Today9/21/2023Next Earnings (Estimated)10/26/2023Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:KRNY CUSIP48716910 CIK1617242 Webwww.kearnybank.com Phone(973) 244-4500FaxN/AEmployees556Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.67 High Stock Price Forecast$12.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+52.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.63 Trailing P/E Ratio11.08 Forward P/E RatioN/A P/E GrowthN/ANet Income$40.81 million Net Margins13.77% Pretax Margin17.67% Return on Equity5.82% Return on Assets0.62% Debt Debt-to-Equity Ratio1.75 Current Ratio1.05 Quick Ratio1.04 Sales & Book Value Annual Sales$296.48 million Price / Sales1.53 Cash Flow$0.79 per share Price / Cash Flow8.88 Book Value$13.15 per share Price / Book0.53Miscellaneous Outstanding Shares65,150,000Free Float60,285,000Market Cap$454.75 million OptionableOptionable Beta0.63 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Craig L. Montanaro (Age 57)Pres, CEO & Director Comp: $1.14MMr. Keith Suchodolski (Age 43)Sr. Exec. VP & CFO Comp: $560.1kMr. Thomas D. DeMedici (Age 62)Exec. VP & Chief Credit Officer Comp: $494.95kMr. Anthony V. Bilotta Jr. (Age 63)Exec. VP & Chief Banking Officer Comp: $497.52kMr. Patrick M. Joyce (Age 58)Exec. VP & Chief Lending Officer Comp: $515.7kMr. Timothy A. Swansson (Age 46)Exec. VP and Chief Technology & Innovation Officer Ms. Erika K. Parisi (Age 58)Exec. VP & Chief Admin. Officer Taryn RockwellInvestor Relations AssociateMr. John V. Dunne (Age 72)Exec. VP & Chief Risk Officer Ms. Gail M. CorriganSr. VP & Corp. Sec.More ExecutivesKey CompetitorsNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKWaterstone FinancialNASDAQ:WSBFCapitol Federal FinancialNASDAQ:CFFNBrookline BancorpNASDAQ:BRKLProvident Financial ServicesNYSE:PFSView All CompetitorsInsiders & InstitutionsJohn F McgovernBought 7,013 shares on 9/13/2023Total: $49,722.17 ($7.09/share)California State Teachers Retirement SystemSold 4,711 shares on 8/21/2023Ownership: 0.107%Nuveen Asset Management LLCBought 116,190 shares on 8/16/2023Ownership: 0.488%Alliancebernstein L.P.Bought 4,640 shares on 8/15/2023Ownership: 0.162%Wells Fargo & Company MNBought 8,698 shares on 8/15/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions KRNY Stock - Frequently Asked Questions Should I buy or sell Kearny Financial stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" KRNY shares. View KRNY analyst ratings or view top-rated stocks. What is Kearny Financial's stock price forecast for 2023? 2 brokers have issued 12-month price targets for Kearny Financial's stock. Their KRNY share price forecasts range from $9.00 to $12.00. On average, they anticipate the company's stock price to reach $10.67 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price. View analysts price targets for KRNY or view top-rated stocks among Wall Street analysts. How have KRNY shares performed in 2023? Kearny Financial's stock was trading at $10.15 at the beginning of 2023. Since then, KRNY stock has decreased by 31.2% and is now trading at $6.98. View the best growth stocks for 2023 here. Are investors shorting Kearny Financial? Kearny Financial saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,770,000 shares, an increase of 6.0% from the August 15th total of 1,670,000 shares. Based on an average trading volume of 238,000 shares, the short-interest ratio is currently 7.4 days. Approximately 3.1% of the company's shares are short sold. View Kearny Financial's Short Interest. When is Kearny Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our KRNY earnings forecast. How were Kearny Financial's earnings last quarter? Kearny Financial Corp. (NASDAQ:KRNY) announced its quarterly earnings results on Thursday, July, 27th. The savings and loans company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05. The savings and loans company had revenue of $43.85 million for the quarter, compared to analysts' expectations of $42.70 million. Kearny Financial had a trailing twelve-month return on equity of 5.82% and a net margin of 13.77%. How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial? Kearny Financial announced a quarterly dividend on Thursday, July 27th. Investors of record on Wednesday, August 9th will be given a dividend of $0.11 per share on Wednesday, August 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date is Tuesday, August 8th. Read our dividend analysis for KRNY. Is Kearny Financial a good dividend stock? Kearny Financial (NASDAQ:KRNY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 6.27%. KRNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 69.84%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for KRNY. What is Craig L. Montanaro's approval rating as Kearny Financial's CEO? 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. 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 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). 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 a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.81%), BlackRock Inc. (7.37%), Renaissance Technologies LLC (5.25%), Villere ST Denis J & Co. LLC (4.61%), State Street Corp (2.89%) and Driehaus Capital Management LLC (2.53%). 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. View institutional ownership trends. How do I buy shares of Kearny Financial? 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. Compare Top Brokerages Here. What is Kearny Financial's stock price today? One share of KRNY stock can currently be purchased for approximately $6.98. How much money does Kearny Financial make? Kearny Financial (NASDAQ:KRNY) has a market capitalization of $454.75 million and generates $296.48 million in revenue each year. The savings and loans company earns $40.81 million in net income (profit) each year or $0.63 on an earnings per share basis. How many employees does Kearny Financial have? The company employs 556 workers across the globe. How can I contact Kearny Financial? Kearny Financial's mailing address is 120 PASSAIC AVENUE, FAIRFIELD NJ, 07004. The official website for the company is www.kearnybank.com. The savings and loans company can be reached via phone at (973) 244-4500 or via email at tclaus@kearnybank.com. This page (NASDAQ:KRNY) was last updated on 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kearny Financial Corp. 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