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: $1.22 billion
  • Outstanding Shares: 80,788,000
Average Prices:
  • 50 Day Moving Avg: $14.28
  • 200 Day Moving Avg: $14.61
  • 52 Week Range: $13.35 - $16.10
P/E:
  • Trailing P/E Ratio: 68.41
  • Foreward P/E Ratio: 54.11
  • P/E Growth: 15.00
Sales & Book Value:
  • Annual Revenue: $108.54 million
  • Price / Sales: 11.28
  • Book Value: $13.09 per share
  • Price / Book: 1.16
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 0.8%
Profitability:
  • Net Margins: 12.37%
  • Return on Equity: 1.70%
  • Return on Assets: 0.40%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 1.13%
  • Quick Ratio: 1.13%
Misc:
  • Average Volume: 318,456 shs.
  • Beta: 0.6
  • Short Ratio: 11.37
 

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 special dividend on Thursday, September 21st. Shareholders of record on Wednesday, October 4th will be given a dividend of $0.12 per share on Wednesday, October 18th. This represents a yield of 0.79%. The ex-dividend date is Tuesday, October 3rd. This is a boost from Kearny Financial's previous special dividend of $0.02. View Kearny Financial's Dividend History.

How will Kearny Financial's stock buyback program work?

Kearny Financial announced that its board has authorized a stock repurchase program on Sunday, June 4th 2017, which permits the company to buyback 8,560,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

How were Kearny Financial's earnings last quarter?

Kearny Financial (NASDAQ:KRNY) announced its earnings results on Friday, July, 28th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.00. The firm earned $29.75 million during the quarter. Kearny Financial had a return on equity of 1.70% and a net margin of 12.37%. 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 Friday, October, 27th 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 brokerages have issued twelve-month price objectives for Kearny Financial's shares. Their predictions range from $13.00 to $17.00. On average, they expect Kearny Financial's share price to reach $15.00 in the next twelve months. 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.59%), Dimensional Fund Advisors LP (5.59%), Villere ST Denis J & Co. LLC (4.44%), Renaissance Technologies LLC (4.50%), FMR LLC (2.46%) and Empyrean Capital Partners LP (2.31%). Company insiders that own Kearny Financial stock include Christopher Petermann, Eric B Heyer, John F Mcgovern, John F Regan, Leopold W Montanaro, Patrick M Joyce and Theodore J Aanensen. 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 Acadian Asset Management LLC, Principal Financial Group Inc., FMR LLC, Schroder Investment Management Group, Vanguard Group Inc., Wells Fargo & Company MN, Parametric Portfolio Associates LLC and First Trust Advisors LP. Company insiders that have sold Kearny Financial stock in the last year include Eric B Heyer, John F Regan and Theodore J Aanensen. View Insider Buying and Selling for Kearny Financial.

Who bought Kearny Financial stock? Who is buying Kearny Financial stock?

Kearny Financial's stock was acquired by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Pax World Management LLC, State Street Corp, Janus Henderson Group PLC, Private Advisor Group LLC and Russell Investments Group Ltd.. 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.

What is Kearny Financial's stock price today?

One share of Kearny Financial stock can currently be purchased for approximately $15.15.


MarketBeat Community Rating for Kearny Financial (NASDAQ KRNY)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  82 (Vote Underperform)
Total Votes:  154
MarketBeat's community ratings are surveys of what our community members think about Kearny Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Kearny Financial (NASDAQ:KRNY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.00 (0.99% downside)

Analysts' Ratings History for Kearny Financial (NASDAQ:KRNY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Keefe, Bruyette & WoodsReiterated RatingSell$13.00LowView Rating Details
1/31/2017Compass PointUpgradeNeutral -> Buy$17.00N/AView Rating Details
(Data available from 9/22/2015 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
10/26/2017$0.05N/AView Earnings Details
7/28/2017Q4 2017$0.05$0.05$29.75 millionViewN/AView Earnings Details
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: $0.24 EPS
Next Year EPS Consensus Estimate: $0.28 EPS

Dividends

Current Dividend Information for Kearny Financial (NASDAQ:KRNY)
Next Dividend:10/18/2017
Annual Dividend:$0.12
Dividend Yield:0.79%
Payout Ratio:57.15% (Trailing 12 Months of Earnings)
50.00% (Based on This Year's Estimates)
42.86% (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
9/21/2017special$0.120.79%10/3/201710/4/201710/18/2017
8/17/2017quarterly$0.030.85%8/28/20178/30/20179/13/2017
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: 63.81%
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
9/13/2017Theodore J. AanensenDirectorSell2,000$14.11$28,220.00View SEC Filing  
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
seekingalpha.com logoKearny Financial declares $0.12 dividend
seekingalpha.com - September 22 at 11:45 AM
americanbankingnews.com logoKearny Financial (KRNY) Increases Dividend to $0.12 Per Share
www.americanbankingnews.com - September 21 at 5:39 PM
finance.yahoo.com logoKearny Financial Corp. Declares Special Cash Dividend
finance.yahoo.com - September 21 at 9:25 AM
finance.yahoo.com logoETFs with exposure to Kearny Financial Corp. : September 20, 2017
finance.yahoo.com - September 21 at 9:25 AM
finance.yahoo.com logoKearny Financial Corp. :KRNY-US: Earnings Analysis: Q4, 2017 By the Numbers : September 19, 2017
finance.yahoo.com - September 20 at 12:28 AM
finance.yahoo.com logoKearny Financial Corp. breached its 50 day moving average in a Bullish Manner : KRNY-US : September 18, 2017
finance.yahoo.com - September 18 at 7:51 PM
americanbankingnews.com logoTheodore J. Aanensen Sells 2,000 Shares of Kearny Financial (KRNY) Stock
www.americanbankingnews.com - September 14 at 4:50 PM
finance.yahoo.com logoETFs with exposure to Kearny Financial Corp. : September 6, 2017
finance.yahoo.com - September 6 at 1:49 AM
finance.yahoo.com logoKearny Financial Corp. :KRNY-US: Earnings Analysis: 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 2:02 AM
nasdaq.com logoKearny Financial About To Put More Money In Your Pocket (KRNY)
www.nasdaq.com - August 27 at 12:30 AM
americanbankingnews.com logoHead-To-Head Contrast: Kearny Financial (KRNY) versus Malvern Bancorp (MLVF)
www.americanbankingnews.com - August 22 at 6:24 AM
americanbankingnews.com logoComparing Malvern Bancorp (MLVF) & Kearny Financial (KRNY)
www.americanbankingnews.com - August 22 at 4:08 AM
americanbankingnews.com logoKearny Financial (KRNY) to Issue Quarterly Dividend of $0.03
www.americanbankingnews.com - August 17 at 6:28 PM
finance.yahoo.com logoKearny Financial Corp. – Value Analysis (NASDAQ:KRNY) : August 17, 2017
finance.yahoo.com - August 17 at 1:25 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Kearny Financial Corp.
finance.yahoo.com - August 11 at 5:54 AM
finance.yahoo.com logoKearny Financial Corp. breached its 50 day moving average in a Bearish Manner : KRNY-US : August 4, 2017
finance.yahoo.com - August 5 at 12:24 AM
americanbankingnews.com logoHead to Head Review: Kearny Financial (KRNY) versus Anchor BanCorp Wisconsin Inc (DE) (ABCW)
www.americanbankingnews.com - August 3 at 12:34 AM
americanbankingnews.com logoKearny Financial (NASDAQ:KRNY) and Clifton Bancorp (CSBK) Critical Comparison
www.americanbankingnews.com - August 1 at 8:20 AM
americanbankingnews.com logoKearny Financial (KRNY) Posts Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - July 29 at 3:02 PM
marketwatch.com logoKearny Financial Corp. Reports Fourth Quarter 2017 Operating Results
www.marketwatch.com - July 29 at 1:46 AM
americanbankingnews.com logoKearny Financial (NASDAQ:KRNY) vs. Malvern Bancorp (MLVF) Head to Head Comparison
www.americanbankingnews.com - July 25 at 12:28 AM
americanbankingnews.com logoMeridian Bancorp (EBSB) & Kearny Financial (NASDAQ:KRNY) Head-To-Head Survey
www.americanbankingnews.com - July 19 at 12:14 AM
streetinsider.com logoForm 8-K Kearny Financial Corp. For: Jun 28
www.streetinsider.com - June 30 at 5:55 AM
americanbankingnews.com logoKearny Financial (KRNY) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - June 29 at 7:56 PM
finance.yahoo.com logoKearny Bank Completes Conversion to a New Jersey State-Chartered Savings Bank
finance.yahoo.com - June 28 at 7:47 PM
finance.yahoo.com logoKearny Financial Corp. breached its 50 day moving average in a Bullish Manner : KRNY-US : June 27, 2017
finance.yahoo.com - June 27 at 6:23 PM
americanbankingnews.com logoKearny Financial (KRNY) Upgraded by BidaskClub to "Sell"
www.americanbankingnews.com - June 20 at 6:06 PM
finance.yahoo.com logoKearny Financial Corp. breached its 50 day moving average in a Bullish Manner : KRNY-US : June 12, 2017
finance.yahoo.com - June 12 at 3:23 PM
finance.yahoo.com logoETFs with exposure to Kearny Financial Corp. : June 12, 2017
finance.yahoo.com - June 12 at 3:23 PM
finance.yahoo.com logoKearny Financial Corp. :KRNY-US: Earnings Analysis: Q3, 2017 By the Numbers : June 9, 2017
finance.yahoo.com - June 9 at 6:25 PM
finance.yahoo.com logoKearny Financial Corp. : KRNY-US: Dividend Analysis : June 06th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 5:50 PM
americanbankingnews.com logoShare Repurchase Program Approved by Kearny Financial (KRNY) Board
www.americanbankingnews.com - June 4 at 11:28 AM
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

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Chart

Kearny Financial (KRNY) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff