Kearny Financial Company Profile (NASDAQ:KRNY)

About Kearny Financial (NASDAQ:KRNY)

Kearny Financial logoKearny 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
Capitalization:
  • Market Cap: $1.18 billion
  • Outstanding Shares: 83,643,000
Average Prices:
  • 50 Day Moving Avg: $14.67
  • 200 Day Moving Avg: $15.04
  • 52 Week Range: $12.14 - $16.10
P/E:
  • Trailing P/E Ratio: 63.57
  • Foreward P/E Ratio: 58.54
  • P/E Growth: 15.91
Sales & Book Value:
  • Annual Revenue: $105.37 million
  • Price / Sales: 11.15
  • Book Value: $13.08 per share
  • Price / Book: 1.07
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.6%
Profitability:
  • Net Margins: 13.26%
  • Return on Equity: 1.69%
  • Return on Assets: 0.42%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 1.09%
  • Quick Ratio: 1.09%
Misc:
  • 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?

Kearny Financial is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Kearny Financial.

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?

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.

Analyst Ratings

Consensus Ratings for Kearny Financial (NASDAQ:KRNY) (?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.00 (6.76% upside)

Analysts' Ratings History for Kearny Financial (NASDAQ:KRNY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017Keefe, Bruyette & WoodsReiterated RatingMarket Perform -> Underperform$14.50 -> $13.00HighView Rating Details
1/31/2017Compass PointUpgradeNeutral -> Buy$17.00N/AView Rating Details
6/29/2015Sandler O'NeillInitiated CoverageBuy$13.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Kearny Financial (NASDAQ:KRNY)
Earnings by Quarter for Kearny Financial (NASDAQ:KRNY)
Earnings History by Quarter for Kearny Financial (NASDAQ:KRNY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
1/30/2017Q2$0.05$0.06$29.06 millionViewN/AView Earnings Details
10/28/2016Q1$0.05$0.05$26.65 millionViewN/AView Earnings Details
8/4/2016Q4$0.05$0.05$27.44 millionViewN/AView Earnings Details
5/5/2016Q3$0.06$0.05$27.08 millionViewN/AView Earnings Details
2/4/2016Q116$0.04$0.04$26.35 millionViewN/AView Earnings Details
10/29/2015Q1$0.05$0.03$24.85 millionViewN/AView Earnings Details
7/30/2015Q4$0.03($0.04)$22.46 millionViewN/AView Earnings Details
1/28/2015Q115$0.05$0.03$21.29 millionViewN/AView Earnings Details
8/6/2014Q414$0.04$0.04$18.67 million$20.62 millionViewN/AView Earnings Details
5/1/2014Q3 2014$0.05$0.03$20.87 millionViewN/AView Earnings Details
1/30/2014Q4$0.04$0.05ViewN/AView Earnings Details
10/30/2013Q114$0.02$0.04$19.02 millionViewN/AView Earnings Details
8/1/2013Q413$0.02$0.03$18.29 millionViewN/AView Earnings Details
5/2/2013Q313$0.03ViewN/AView Earnings Details
11/2/2012Q113$0.02$0.03$18.11 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kearny Financial (NASDAQ:KRNY)
Current Year EPS Consensus Estimate: $0.22 EPS
Next Year EPS Consensus Estimate: $0.24 EPS

Dividends

Current Dividend Information for Kearny Financial (NASDAQ:KRNY)
Next Dividend:6/21/2017
Annual Dividend:$0.08
Dividend Yield:0.57%
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 Payments by Quarter for Kearny Financial (NASDAQ:KRNY)

Dividend History by Quarter for Kearny Financial (NASDAQ:KRNY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/25/2017quarterly$0.030.85%6/5/20176/7/20176/21/2017
2/16/2017quarterly$0.030.77%2/27/20173/1/20173/15/2017
11/17/2016quarterly$0.020.53%11/28/201611/30/201612/14/2016
8/18/2016quarterly$0.020.59%8/29/20168/31/20169/14/2016
5/20/2016quarterly$0.020.62%5/27/20166/1/20166/15/2016
2/25/2016quarterly$0.020.66%3/7/20163/9/20163/23/2016
11/19/2015quarterly$0.020.65%11/30/201512/2/201512/28/2015
9/2/2015special$0.029/10/20159/14/20159/28/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Kearny Financial (NASDAQ:KRNY)
Insider Ownership Percentage: 2.68%
Institutional Ownership Percentage: 65.58%
Insider Trades by Quarter for Kearny Financial (NASDAQ:KRNY)
Institutional Ownership by Quarter for Kearny Financial (NASDAQ:KRNY)
Insider Trades by Quarter for Kearny Financial (NASDAQ:KRNY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Eric B. HeyerCFOSell41,412$15.38$636,916.56View SEC Filing  
2/2/2017John F. ReganDirectorSell13,450$14.94$200,943.00View SEC Filing  
8/23/2016Christopher PetermannDirectorBuy200$13.61$2,722.00View SEC Filing  
8/22/2016Christopher PetermannDirectorBuy1,000$13.54$13,540.00View SEC Filing  
8/18/2016Christopher PetermannDirectorBuy1,000$13.53$13,530.00View SEC Filing  
8/11/2016John F McgovernDirectorBuy3,300$13.29$43,857.00View SEC Filing  
8/9/2016Leopold W MontanaroDirectorBuy1,290$13.09$16,886.10View SEC Filing  
5/20/2016Christopher PetermannDirectorBuy1,000$12.79$12,790.00View SEC Filing  
5/13/2016Patrick M JoyceEVPSell2,500$12.68$31,700.00View SEC Filing  
5/30/2014Patrick M JoyceEVPSell1,000$14.14$14,140.00View SEC Filing  
5/12/2014Khanh VuongEVPSell1,317$14.08$18,543.36View SEC Filing  
11/13/2013Leopold W MontanaroDirectorBuy1,000$10.47$10,470.00View SEC Filing  
8/5/2013Patrick M JoyceSVPSell2,000$10.53$21,060.00View SEC Filing  
6/10/2013Albert E GossweilerSVPSell7,076$10.00$70,760.00View SEC Filing  
6/7/2013Albert E GossweilerSVPSell11,000$10.01$110,110.00View SEC Filing  
6/6/2013Albert E GossweilerSVPSell7,980$10.02$79,959.60View SEC Filing  
5/13/2013Patrick M JoyceSVPSell1,500$10.06$15,090.00View SEC Filing  
11/12/2012Theodore J AanensenDirectorBuy2,101$8.99$18,887.99View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Kearny Financial (NASDAQ:KRNY)
Latest Headlines for Kearny Financial (NASDAQ:KRNY)
Source:
DateHeadline
americanbankingnews.com logoKearny Financial Announces Quarterly Dividend of $0.03 (KRNY)
www.americanbankingnews.com - May 25 at 6:50 PM
finance.yahoo.com logoKearny Financial Corp. Announces Authorization for Second Stock Repurchase Plan and Declares Quarterly Cash Dividend
finance.yahoo.com - May 24 at 6:13 PM
americanbankingnews.com logoKearny Financial (KRNY) Given Underperform Rating at Keefe, Bruyette & Woods
www.americanbankingnews.com - May 16 at 9:06 AM
nasdaq.com logoNoteworthy Friday Option Activity: CIT, KRNY, CLR
www.nasdaq.com - May 12 at 6:52 PM
americanbankingnews.com logoKearny Financial (KRNY) Given News Impact Rating of 0.31
www.americanbankingnews.com - May 4 at 9:30 PM
marketbeat.com logoKearny posts 3Q profit
marketbeat.com - April 27 at 7:45 PM
seekingalpha.com logoKearny Financial misses by $0.01, beats on net interest income
seekingalpha.com - April 27 at 6:47 PM
finance.yahoo.com logoKearny Financial Corp. Reports Third Quarter 2017 Operating Results
finance.yahoo.com - April 27 at 6:47 PM
americanbankingnews.com logoKearny Financial (KRNY) Given Media Impact Rating of 0.31
www.americanbankingnews.com - April 26 at 12:28 PM
finance.yahoo.com logoKearny 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
americanbankingnews.com logoKearny Financial (KRNY) Receiving Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 21 at 11:18 PM
finance.yahoo.com logoETFs with exposure to Kearny Financial Corp. : April 7, 2017
finance.yahoo.com - April 7 at 6:11 PM
americanbankingnews.com logoKeefe, Bruyette & Woods Reiterates Hold Rating for Kearny Financial (KRNY)
www.americanbankingnews.com - April 5 at 12:07 PM
americanbankingnews.com logoZacks: Brokerages Set $13.50 Price Target for Kearny Financial (KRNY)
www.americanbankingnews.com - April 3 at 1:23 PM
finance.yahoo.com logo5:01 pm Kearny Financial increases quarterly dividend to $0.03/share from $0.02/share
finance.yahoo.com - February 16 at 5:52 PM
us.rd.yahoo.com logoKearny Financial Corp. Reports Second Quarter 2017 Operating Results
us.rd.yahoo.com - January 30 at 11:55 PM
seekingalpha.com logoKearny Financial declares $0.02 dividend
seekingalpha.com - November 16 at 6:13 PM
barrons.com logo[$$] Three Thrifts Worth Betting On
www.barrons.com - October 29 at 8:49 AM
finance.yahoo.com logoKearny Financial Corp. Announces Results of 2016 Annual Meeting
finance.yahoo.com - October 27 at 5:56 PM
bizjournals.com logoExclusive: 35-story hotel and residential tower proposed atop historic S.F. corner
www.bizjournals.com - August 22 at 5:55 PM
seekingalpha.com logoKearny Financial EPS in-line, beats on revenue
seekingalpha.com - August 4 at 6:18 PM
reuters.com logoKearny Financial Corp (KRNY.OQ)
www.reuters.com - July 21 at 6:05 PM
foxnews.com logoRed, white and 'cue: How 2 Marines built a thriving barbecue business
www.foxnews.com - July 1 at 8:40 AM

Social

Chart

Kearny Financial (KRNY) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff