NASDAQ:KRNY - Kearny Financial Stock Price, News, & Analysis

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$13.10 +0.06 (+0.46 %)
(As of 01/23/2019 12:25 PM ET)
Previous Close$13.10
Today's Range$13.10 - $13.21
52-Week Range$11.26 - $14.80
Volume2,978 shs
Average Volume309,844 shs
Market Capitalization$1.26 billion
P/E Ratio35.05
Dividend Yield1.50%
Beta0.55
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 one-to-four family mortgage loans; commercial mortgages, including loans secured by multi-family, mixed-use, and nonresidential properties; secured and unsecured business loans; consumer loans, such as home equity loans, home equity lines of credit, account loans, overdraft lines of credit, vehicle loans, personal loans, and loans secured by savings accounts and certificates of deposit; and construction loans to builders/developers and individual homeowners. In addition, the company engages in investment activities. As of August 15, 2018, it operated a total of 54 retail 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.

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Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:KRNY
CUSIP48716910
Phone973-244-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$184.69 million
Cash Flow$0.3069 per share
Book Value$12.39 per share

Profitability

Net Income$19.59 million

Miscellaneous

Employees565
Market Cap$1.26 billion
OptionableOptionable

Kearny Financial (NASDAQ:KRNY) Frequently Asked Questions

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 declared a quarterly dividend on Wednesday, November 14th. Shareholders of record on Wednesday, November 28th will be given a dividend of $0.05 per share on Wednesday, December 12th. This represents a $0.20 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Tuesday, November 27th. This is an increase from Kearny Financial's previous quarterly dividend of $0.04. View Kearny Financial's Dividend History.

How will Kearny Financial's stock buyback program work?

Kearny Financial declared that its Board of Directors has initiated a share buyback program on Sunday, June 4th 2017, which allows the company to buyback 8,560,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

How were Kearny Financial's earnings last quarter?

Kearny Financial Corp. (NASDAQ:KRNY) issued its earnings results on Tuesday, October, 30th. The savings and loans company reported $0.12 earnings per share for the quarter, meeting analysts' consensus estimates of $0.12. The savings and loans company earned $43.36 million during the quarter. Kearny Financial had a return on equity of 2.97% and a net margin of 12.42%. View Kearny Financial's Earnings History.

When is Kearny Financial's next earnings date?

Kearny Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Kearny Financial.

What price target have analysts set for KRNY?

1 brokerages have issued 1-year target prices for Kearny Financial's stock. Their forecasts range from $13.50 to $13.50. On average, they anticipate Kearny Financial's stock price to reach $13.50 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Kearny Financial.

What is the consensus analysts' recommendation for Kearny Financial?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Kearny Financial.

Has Kearny Financial been receiving favorable news coverage?

Media stories about KRNY stock have trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kearny Financial earned a news impact score of 1.4 on InfoTrie's scale. They also assigned press coverage about the savings and loans company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.

Who are some of Kearny Financial's key competitors?

Who are Kearny Financial's key executives?

Kearny Financial's management team includes the folowing people:
  • Mr. Craig L. Montanaro, Pres, CEO & Director (Age 52)
  • Mr. Eric B. Heyer, Sr. EVP & COO (Age 56)
  • Ms. Erika J. Parisi, Exec. VP & Director of Customer Relationship Management Analytics (Age 53)
  • Mr. William C. Ledgerwood, Exec. Officer (Age 65)
  • Mr. Patrick M. Joyce, Chief Lending Officer & Exec. VP (Age 53)

Who are Kearny Financial's major shareholders?

Kearny Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (4.77%) and Hennessy Advisors Inc. (0.42%). Company insiders that own Kearny Financial stock include Craig Montanaro, Eric B Heyer, John F Mcgovern, John F Regan, John J Mazur Jr, Joseph P Mazza, Leopold W Montanaro, Matthew T Mcclane, Patrick M Joyce and Theodore J Aanensen. View Institutional Ownership Trends for Kearny Financial.

Which major investors are selling Kearny Financial stock?

KRNY stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc.. Company insiders that have sold Kearny Financial company stock in the last year include Craig Montanaro, John F Regan, Patrick M Joyce and Theodore J Aanensen. View Insider Buying and Selling for Kearny Financial.

Which major investors are buying Kearny Financial stock?

KRNY stock was bought by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC. Company insiders that have bought Kearny Financial stock in the last two years include John F Mcgovern and Leopold W Montanaro. View Insider Buying and Selling for Kearny Financial.

How do I buy shares of Kearny Financial?

Shares of KRNY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Kearny Financial's stock price today?

One share of KRNY stock can currently be purchased for approximately $13.10.

How big of a company is Kearny Financial?

Kearny Financial has a market capitalization of $1.26 billion and generates $184.69 million in revenue each year. Kearny Financial employs 565 workers across the globe.

What is Kearny Financial's official website?

The official website for Kearny Financial is http://www.kearnybank.com.

How can I contact Kearny Financial?

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]


MarketBeat Community Rating for Kearny Financial (NASDAQ KRNY)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  323
MarketBeat's community ratings are surveys of what our community members think about Kearny Financial and other stocks. Vote "Outperform" if you believe KRNY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KRNY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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