Kearny Financial Company Profile (NASDAQ:KRNY)

About Kearny Financial (NASDAQ:KRNY)

Kearny 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?

Some companies that are related to Kearny Financial include RLI Corp. (RLI), CVB Financial Corporation (CVBF), Blackhawk Network Holdings (HAWK), Lexington Realty Trust (LXP), Acadia Realty Trust (AKR), Hilltop Holdings (HTH), Pebblebrook Hotel Trust (PEB), Artisan Partners Asset Management (APAM), FirstService Corporation (FSV), First Midwest Bancorp (FMBI), Old National Bancorp (ONB), Tanger Factory Outlet Centers (SKT), Columbia Banking System (COLB), Great Western Bancorp (GWB), AllianceBernstein Holding L.P. (AB), Main Street Capital Corporation (MAIN), Hope Bancorp (HOPE) and Alexander & Baldwin Holdings (ALEX).

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 ( )
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.

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:

Date	Firm	Action	Rating	Price Target	Impact on Share Price	Details
8/3/2017	Keefe, Bruyette & Woods	Reiterated Rating	Sell	$13.00	Low
1/31/2017	Compass Point	Upgrade	Neutral -> Buy	$17.00	N/A

(Data available from 9/22/2015 forward)

Earnings History for Kearny Financial (NASDAQ:KRNY)

Earnings by Quarter for Kearny Financial (NASDAQ:KRNY)

Earnings History by Quarter for Kearny Financial (NASDAQ KRNY)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/26/2017		$0.05					N/A
7/28/2017	Q4 2017	$0.05	$0.05		$29.75 million	View	N/A
1/30/2017	Q2	$0.05	$0.06		$29.06 million	View	N/A
10/28/2016	Q1	$0.05	$0.05		$26.65 million	View	N/A
8/4/2016	Q4	$0.05	$0.05		$27.44 million	View	N/A
5/5/2016	Q3	$0.06	$0.05		$27.08 million	View	N/A
2/4/2016	Q116	$0.04	$0.04		$26.35 million	View	N/A
10/29/2015	Q1	$0.05	$0.03		$24.85 million	View	N/A
7/30/2015	Q4	$0.03	($0.04)		$22.46 million	View	N/A
1/28/2015	Q115	$0.05	$0.03		$21.29 million	View	N/A
8/6/2014	Q414	$0.04	$0.04	$18.67 million	$20.62 million	View	N/A
5/1/2014	Q3 2014	$0.05	$0.03		$20.87 million	View	N/A
1/30/2014	Q4	$0.04	$0.05			View	N/A
10/30/2013	Q114	$0.02	$0.04	$19.02 million		View	N/A
8/1/2013	Q413	$0.02	$0.03	$18.29 million		View	N/A
5/2/2013	Q313		$0.03			View	N/A
11/2/2012	Q113	$0.02	$0.03	$18.11 million		View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Kearny Financial (NASDAQ:KRNY)

Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.28 EPS

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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
9/21/2017	special	$0.12	0.79%	10/3/2017	10/4/2017	10/18/2017
8/17/2017	quarterly	$0.03	0.85%	8/28/2017	8/30/2017	9/13/2017
5/25/2017	quarterly	$0.03	0.85%	6/5/2017	6/7/2017	6/21/2017
2/16/2017	quarterly	$0.03	0.77%	2/27/2017	3/1/2017	3/15/2017
11/17/2016	quarterly	$0.02	0.53%	11/28/2016	11/30/2016	12/14/2016
8/18/2016	quarterly	$0.02	0.59%	8/29/2016	8/31/2016	9/14/2016
5/20/2016	quarterly	$0.02	0.62%	5/27/2016	6/1/2016	6/15/2016
2/25/2016	quarterly	$0.02	0.66%	3/7/2016	3/9/2016	3/23/2016
11/19/2015	quarterly	$0.02	0.65%	11/30/2015	12/2/2015	12/28/2015
9/2/2015	special	$0.02		9/10/2015	9/14/2015	9/28/2015

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Kearny Financial (NASDAQ:KRNY)

Insider Ownership Percentage: 2.68%
Institutional Ownership Percentage: 63.81%

Institutional Ownership by Quarter for Kearny Financial (NASDAQ:KRNY)

Insider Trades by Quarter for Kearny Financial (NASDAQ:KRNY)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/13/2017	Theodore J. Aanensen	Director	Sell	2,000	$14.11	$28,220.00
3/10/2017	Eric B. Heyer	CFO	Sell	41,412	$15.38	$636,916.56
2/2/2017	John F. Regan	Director	Sell	13,450	$14.94	$200,943.00
8/23/2016	Christopher Petermann	Director	Buy	200	$13.61	$2,722.00
8/22/2016	Christopher Petermann	Director	Buy	1,000	$13.54	$13,540.00
8/18/2016	Christopher Petermann	Director	Buy	1,000	$13.53	$13,530.00
8/11/2016	John F Mcgovern	Director	Buy	3,300	$13.29	$43,857.00
8/9/2016	Leopold W Montanaro	Director	Buy	1,290	$13.09	$16,886.10
5/20/2016	Christopher Petermann	Director	Buy	1,000	$12.79	$12,790.00
5/13/2016	Patrick M Joyce	EVP	Sell	2,500	$12.68	$31,700.00
5/30/2014	Patrick M Joyce	EVP	Sell	1,000	$14.14	$14,140.00
5/12/2014	Khanh Vuong	EVP	Sell	1,317	$14.08	$18,543.36
11/13/2013	Leopold W Montanaro	Director	Buy	1,000	$10.47	$10,470.00
8/5/2013	Patrick M Joyce	SVP	Sell	2,000	$10.53	$21,060.00
6/10/2013	Albert E Gossweiler	SVP	Sell	7,076	$10.00	$70,760.00
6/7/2013	Albert E Gossweiler	SVP	Sell	11,000	$10.01	$110,110.00
6/6/2013	Albert E Gossweiler	SVP	Sell	7,980	$10.02	$79,959.60
5/13/2013	Patrick M Joyce	SVP	Sell	1,500	$10.06	$15,090.00
11/12/2012	Theodore J Aanensen	Director	Buy	2,101	$8.99	$18,887.99

(Data available from 1/1/2013 forward)

Headline Trends for Kearny Financial (NASDAQ:KRNY) Latest Headlines for Kearny Financial (NASDAQ:KRNY)

Source:

Date	Headline
	Kearny Financial declares $0.12 dividend seekingalpha.com - September 22 at 11:45 AM
	Kearny Financial (KRNY) Increases Dividend to $0.12 Per Share www.americanbankingnews.com - September 21 at 5:39 PM
	Kearny Financial Corp. Declares Special Cash Dividend finance.yahoo.com - September 21 at 9:25 AM
	ETFs with exposure to Kearny Financial Corp. : September 20, 2017 finance.yahoo.com - September 21 at 9:25 AM
	Kearny Financial Corp. :KRNY-US: Earnings Analysis: Q4, 2017 By the Numbers : September 19, 2017 finance.yahoo.com - September 20 at 12:28 AM
	Kearny 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
	Theodore J. Aanensen Sells 2,000 Shares of Kearny Financial (KRNY) Stock www.americanbankingnews.com - September 14 at 4:50 PM
	ETFs with exposure to Kearny Financial Corp. : September 6, 2017 finance.yahoo.com - September 6 at 1:49 AM
	Kearny Financial Corp. :KRNY-US: Earnings Analysis: 2017 By the Numbers : August 31, 2017 finance.yahoo.com - September 1 at 2:02 AM
	Kearny Financial About To Put More Money In Your Pocket (KRNY) www.nasdaq.com - August 27 at 12:30 AM
	Head-To-Head Contrast: Kearny Financial (KRNY) versus Malvern Bancorp (MLVF) www.americanbankingnews.com - August 22 at 6:24 AM
	Comparing Malvern Bancorp (MLVF) & Kearny Financial (KRNY) www.americanbankingnews.com - August 22 at 4:08 AM
	Kearny Financial (KRNY) to Issue Quarterly Dividend of $0.03 www.americanbankingnews.com - August 17 at 6:28 PM
	Kearny Financial Corp. – Value Analysis (NASDAQ:KRNY) : August 17, 2017 finance.yahoo.com - August 17 at 1:25 AM
	See what the IHS Markit Score report has to say about Kearny Financial Corp. finance.yahoo.com - August 11 at 5:54 AM
	Kearny 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
	Head to Head Review: Kearny Financial (KRNY) versus Anchor BanCorp Wisconsin Inc (DE) (ABCW) www.americanbankingnews.com - August 3 at 12:34 AM
	Kearny Financial (NASDAQ:KRNY) and Clifton Bancorp (CSBK) Critical Comparison www.americanbankingnews.com - August 1 at 8:20 AM
	Kearny Financial (KRNY) Posts Quarterly Earnings Results, Meets Estimates www.americanbankingnews.com - July 29 at 3:02 PM
	Kearny Financial Corp. Reports Fourth Quarter 2017 Operating Results www.marketwatch.com - July 29 at 1:46 AM
	Kearny Financial (NASDAQ:KRNY) vs. Malvern Bancorp (MLVF) Head to Head Comparison www.americanbankingnews.com - July 25 at 12:28 AM
	Meridian Bancorp (EBSB) & Kearny Financial (NASDAQ:KRNY) Head-To-Head Survey www.americanbankingnews.com - July 19 at 12:14 AM
	Form 8-K Kearny Financial Corp. For: Jun 28 www.streetinsider.com - June 30 at 5:55 AM
	Kearny Financial (KRNY) Upgraded by BidaskClub to "Hold" www.americanbankingnews.com - June 29 at 7:56 PM
	Kearny Bank Completes Conversion to a New Jersey State-Chartered Savings Bank finance.yahoo.com - June 28 at 7:47 PM
	Kearny 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
	Kearny Financial (KRNY) Upgraded by BidaskClub to "Sell" www.americanbankingnews.com - June 20 at 6:06 PM
	Kearny 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
	ETFs with exposure to Kearny Financial Corp. : June 12, 2017 finance.yahoo.com - June 12 at 3:23 PM
	Kearny Financial Corp. :KRNY-US: Earnings Analysis: Q3, 2017 By the Numbers : June 9, 2017 finance.yahoo.com - June 9 at 6:25 PM
	Kearny 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
	Share Repurchase Program Approved by Kearny Financial (KRNY) Board www.americanbankingnews.com - June 4 at 11:28 AM
	Kearny Financial Announces Quarterly Dividend of $0.03 (KRNY) www.americanbankingnews.com - May 25 at 6:50 PM
	Kearny Financial Corp. Announces Authorization for Second Stock Repurchase Plan and Declares Quarterly Cash Dividend finance.yahoo.com - May 24 at 6:13 PM
	Kearny Financial (KRNY) Given Underperform Rating at Keefe, Bruyette & Woods www.americanbankingnews.com - May 16 at 9:06 AM
	Noteworthy Friday Option Activity: CIT, KRNY, CLR www.nasdaq.com - May 12 at 6:52 PM
	Kearny Financial (KRNY) Given News Impact Rating of 0.31 www.americanbankingnews.com - May 4 at 9:30 PM
	Kearny posts 3Q profit marketbeat.com - April 27 at 7:45 PM
	Kearny Financial misses by $0.01, beats on net interest income seekingalpha.com - April 27 at 6:47 PM
	Kearny Financial Corp. Reports Third Quarter 2017 Operating Results finance.yahoo.com - April 27 at 6:47 PM
	Kearny Financial (KRNY) Given Media Impact Rating of 0.31 www.americanbankingnews.com - April 26 at 12:28 PM
	Kearny 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
	Kearny Financial (KRNY) Receiving Favorable Press Coverage, Study Finds www.americanbankingnews.com - April 21 at 11:18 PM
	ETFs with exposure to Kearny Financial Corp. : April 7, 2017 finance.yahoo.com - April 7 at 6:11 PM
	Keefe, Bruyette & Woods Reiterates Hold Rating for Kearny Financial (KRNY) www.americanbankingnews.com - April 5 at 12:07 PM
	Zacks: Brokerages Set $13.50 Price Target for Kearny Financial (KRNY) www.americanbankingnews.com - April 3 at 1:23 PM
	5:01 pm Kearny Financial increases quarterly dividend to $0.03/share from $0.02/share finance.yahoo.com - February 16 at 5:52 PM
	Kearny Financial Corp. Reports Second Quarter 2017 Operating Results us.rd.yahoo.com - January 30 at 11:55 PM
	Kearny Financial declares $0.02 dividend seekingalpha.com - November 16 at 6:13 PM
	[$$] Three Thrifts Worth Betting On www.barrons.com - October 29 at 8:49 AM