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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
NASDAQ:KRNY

Kearny Financial (KRNY) Stock Forecast, Price & News

$6.98
-0.07 (-0.99%)
(As of 09/20/2023 ET)
Compare
Today's Range
$6.97
$7.13
50-Day Range
$6.98
$8.77
52-Week Range
$6.58
$11.58
Volume
156,224 shs
Average Volume
276,280 shs
Market Capitalization
$454.75 million
P/E Ratio
11.08
Dividend Yield
6.30%
Price Target
$10.67

Kearny Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
52.8% Upside
$10.67 Price Target
Short Interest
Bearish
3.08% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.67mentions of Kearny Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$124,280 Bought 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.

2.66 out of 5 stars

Finance Sector

246th out of 830 stocks

Federal Savings Institutions Industry

9th out of 30 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 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.

KRNY Price History

KRNY Stock News Headlines

Short Interest in Kearny Financial Corp. (NASDAQ:KRNY) Grows By 6.0%
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.
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.
Kearny Financial Corp. Appoints New Board Members
KBW Sticks to Its Hold Rating for Kearny Financial (KRNY)
KBW Keeps Their Hold Rating on Kearny Financial (KRNY)
Earnings Preview: Kearny Financial
See More Headlines
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KRNY Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/23 Dividend
8/08/2023
Dividend Payable
8/23/2023
Today
9/21/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
6/30/2024

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
556
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$40.81 million
Pretax Margin
17.67%

Debt

Sales & Book Value

Annual Sales
$296.48 million
Cash Flow
$0.79 per share
Book Value
$13.15 per share

Miscellaneous

Free Float
60,285,000
Market Cap
$454.75 million
Optionable
Optionable
Beta
0.63
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Key Executives

  • Mr. Craig L. Montanaro (Age 57)
    Pres, CEO & Director
    Comp: $1.14M
  • Mr. Keith Suchodolski (Age 43)
    Sr. Exec. VP & CFO
    Comp: $560.1k
  • Mr. Thomas D. DeMedici (Age 62)
    Exec. VP & Chief Credit Officer
    Comp: $494.95k
  • Mr. Anthony V. Bilotta Jr. (Age 63)
    Exec. VP & Chief Banking Officer
    Comp: $497.52k
  • Mr. Patrick M. Joyce (Age 58)
    Exec. VP & Chief Lending Officer
    Comp: $515.7k
  • Mr. Timothy A. Swansson (Age 46)
    Exec. VP and Chief Technology & Innovation Officer
  • Ms. Erika K. Parisi (Age 58)
    Exec. VP & Chief Admin. Officer
  • Taryn Rockwell
    Investor Relations Associate
  • Mr. John V. Dunne (Age 72)
    Exec. VP & Chief Risk Officer
  • Ms. Gail M. Corrigan
    Sr. VP & Corp. Sec.













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?
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

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