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China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:KRNY

Kearny Financial - KRNY Stock Forecast, Price & News

$11.85
+0.01 (+0.08%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.78
$11.90
50-Day Range
$10.68
$12.41
52-Week Range
$10.59
$13.89
Volume
164,049 shs
Average Volume
292,364 shs
Market Capitalization
$834.48 million
P/E Ratio
12.61
Dividend Yield
3.71%
Price Target
$14.00

Kearny Financial MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
18.1% Upside
$14.00 Price Target
Short Interest
Bearish
3.52% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.34mentions of Kearny Financial in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$30,025 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Finance Sector

700th out of 1,176 stocks

Federal Savings Institutions Industry

27th out of 51 stocks

KRNY stock logo

About Kearny Financial (NASDAQ:KRNY) Stock

Kearny 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 first mortgage loans, and home equity loans and lines of credit; loans to individuals for the construction or renovation of one- to four-family residences, or for the construction of commercial real estate or multi-family residential buildings; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. As of August 18, 2021, it operated a total of 48 branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.

Kearny Financial Stock Up 0.1 %

Shares of KRNY Stock traded up $0.01 during trading hours on Friday, reaching $11.85. 164,049 shares of the company's stock were exchanged, compared to its average volume of 292,364. Kearny Financial has a 1 year low of $10.59 and a 1 year high of $13.89. The stock has a market cap of $834.48 million, a PE ratio of 12.61 and a beta of 0.77. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.89. The stock's fifty day moving average price is $11.47 and its two-hundred day moving average price is $12.30.

Kearny Financial (NASDAQ:KRNY - Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The savings and loans company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.04). Kearny Financial had a return on equity of 7.04% and a net margin of 28.12%. The business had revenue of $53.41 million for the quarter, compared to analysts' expectations of $51.60 million.

Kearny Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.71%. Kearny Financial's payout ratio is 46.81%.

Insider Transactions at Kearny Financial

In related news, EVP Thomas Demedici sold 2,500 shares of Kearny Financial stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $12.01, for a total transaction of $30,025.00. Following the completion of the sale, the executive vice president now owns 55,392 shares of the company's stock, valued at $665,257.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 6.23% of the company's stock.

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KRNY Stock News Headlines

Recap: Kearny Financial Q4 Earnings
Kearny Financial declares $0.11 dividend
Kearny Financial: Dividend Insights
Recap: Kearny Financial Q2 Earnings
Kearny Financial Corp. declares $0.11 dividend
Kearny Financial Corp Common Stock (KRNY)
See More Headlines
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KRNY Company Calendar

Ex-Dividend for 5/25 Dividend
5/10/2022
Dividend Payable
5/25/2022
Last Earnings
7/28/2022
Today
8/07/2022
Ex-Dividend for 8/24 Dividend
8/09/2022
Dividend Payable
8/24/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Current Symbol
NASDAQ:KRNY
CUSIP
48716910
Fax
N/A
Employees
584
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.00
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+18.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$67.55 million
Pretax Margin
42.62%

Debt

Sales & Book Value

Annual Sales
$240.21 million
Cash Flow
$0.75 per share
Book Value
$12.91 per share

Miscellaneous

Free Float
66,034,000
Market Cap
$834.48 million
Optionable
Optionable
Beta
0.77

Key Executives














KRNY Stock - Frequently Asked Questions

Should I buy or sell Kearny Financial stock right now?

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.
View analyst ratings for Kearny Financial
or view top-rated stocks.

What is Kearny Financial's stock price forecast for 2022?

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.
View analysts' price targets for Kearny Financial
or view top-rated stocks among Wall Street analysts.

How has Kearny Financial's stock price performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Kearny Financial's next earnings date?

Kearny Financial is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for Kearny Financial
.

How were Kearny Financial's earnings last quarter?

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%.

How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial?

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
.

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 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.

What is Craig L. Montanaro's approval rating as Kearny Financial's CEO?

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.

What other stocks do shareholders of Kearny Financial own?

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 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
.

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 $11.85.

How much money does Kearny Financial make?

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.

How many employees does Kearny Financial have?

Kearny Financial employs 584 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 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.

This page (NASDAQ:KRNY) was last updated on 8/7/2022 by MarketBeat.com Staff

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