Kearny Financial - KRNY Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Kearny Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRNY, but not buy additional shares or sell existing shares.
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1 analysts have issued 1 year price objectives for Kearny Financial's stock. Their KRNY stock forecasts range from $14.00 to $14.00. On average, they predict Kearny Financial's stock price to reach $14.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
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Kearny Financial's stock was trading at $13.25 at the beginning of the year. Since then, KRNY stock has decreased by 10.6% and is now trading at $11.85.
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Kearny Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for Kearny Financial.

Kearny Financial Corp. (NASDAQ:KRNY) issued its earnings results on Thursday, July, 28th. The savings and loans company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.22 by $0.04. The savings and loans company had revenue of $53.41 million for the quarter, compared to analysts' expectations of $51.60 million. Kearny Financial had a net margin of 28.12% and a trailing twelve-month return on equity of 7.04%.

Kearny Financial declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Wednesday, August 10th will be given a dividend of $0.11 per share on Wednesday, August 24th. This represents a $0.44 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend is Tuesday, August 9th.
View Kearny Financial's dividend history.

Kearny Financial(NASDAQ:KRNY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.71%. Kearny Financial has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Kearny Financial is 46.81%. This payout ratio is at a healthy, sustainable level, below 75%.
View Kearny Financial's dividend history.

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.

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."

Kearny Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (4.75%), Victory Capital Management Inc. (0.78%), Russell Investments Group Ltd. (0.18%), Allspring Global Investments Holdings LLC (0.09%), State Board of Administration of Florida Retirement System (0.05%) and SG Americas Securities LLC (0.04%). Company insiders that own Kearny Financial stock include Catherine A Lawton, Christopher Petermann, John F Mcgovern, John F Regan, John J Mazur Jr, John J Mazur, Jr, Leopold W Montanaro, Patrick M Joyce, Patrick M Joyce, Raymond E Chandonnet, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson.
View institutional ownership trends for 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.
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One share of KRNY stock can currently be purchased for approximately $11.85.

Kearny Financial (NASDAQ:KRNY) has a market capitalization of $834.48 million and generates $240.21 million in revenue each year. The savings and loans company earns $67.55 million in net income (profit) each year or $0.94 on an earnings per share basis.

Kearny Financial employs 584 workers across the globe.

Kearny Financial's mailing address is 120 PASSAIC AVENUE, FAIRFIELD NJ, 07004. The official website for Kearny Financial 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.