Kearny Financial Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "buy" Kearny Financial stock.
View analyst ratings for Kearny Financial or view top-rated stocks.

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Kearny Financial saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,220,000 shares, an increase of 23.5% from the June 30th total of 988,100 shares. Based on an average trading volume of 336,500 shares, the short-interest ratio is presently 3.6 days. Currently, 1.7% of the shares of the stock are sold short.
View Kearny Financial's Short Interest.

Kearny Financial is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Kearny Financial.

Kearny Financial Corp. (NASDAQ:KRNY) posted its quarterly earnings results on Friday, April, 30th. The savings and loans company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The savings and loans company had revenue of $53.10 million for the quarter, compared to analysts' expectations of $49.80 million. Kearny Financial had a net margin of 22.00% and a trailing twelve-month return on equity of 5.67%.
View Kearny Financial's earnings history.

Kearny Financial's stock was trading at $10.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KRNY shares have increased by 19.7% and is now trading at $12.10.
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Kearny Financial announced a quarterly dividend on Wednesday, May 19th. Stockholders of record on Wednesday, June 2nd will be given a dividend of $0.10 per share on Wednesday, June 16th. This represents a $0.40 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Tuesday, June 1st. This is an increase from Kearny Financial's previous quarterly dividend of $0.09.
View Kearny Financial's dividend history.

Kearny Financial pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.46%. Kearny Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Kearny Financial is 74.07%. This payout ratio is at a healthy, sustainable level, below 75%.
View Kearny Financial's dividend history.

1 equities research analysts have issued 12-month target prices for Kearny Financial's shares. Their forecasts range from $9.00 to $9.00. On average, they anticipate Kearny Financial's share price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 25.6%.
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11 employees have rated Kearny Financial CEO Craig L. Montanaro on Glassdoor.com. Craig L. Montanaro has an approval rating of 87% among Kearny Financial's employees.

Some companies that are related to Kearny Financial include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), MGIC Investment (MTG), Radian Group (RDN), The Simply Good Foods (SMPL), Walker & Dunlop (WD), LendingTree (TREE), Washington Federal (WAFD), WSFS Financial (WSFS), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB) and OceanFirst Financial (OCFC).
View all of KRNY's competitors.

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), Melrose Bancorp (MELR) and Altria Group (MO).

Kearny Financial trades on the NASDAQ under the ticker symbol "KRNY."

Shares of KRNY 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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One share of KRNY stock can currently be purchased for approximately $12.10.

Kearny Financial has a market capitalization of $977.60 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 494 workers across the globe.

The official website for Kearny Financial is www.kearnybank.com.

Kearny Financial is headquartered at 120 PASSAIC AVENUE, FAIRFIELD NJ, 07004.

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]