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

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$13.42 -0.24 (-1.76 %)
(As of 05/20/2019 08:37 AM ET)
Previous Close$13.66
Today's Range$13.40 - $13.6150
52-Week Range$11.26 - $14.80
Volume292,727 shs
Average Volume286,587 shs
Market Capitalization$1.25 billion
P/E Ratio27.39
Dividend Yield1.79%
Beta0.49
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$0.3120 per share
Book Value$12.44 per share

Profitability

Net Income$19.59 million

Miscellaneous

Employees520
Market Cap$1.25 billion
Next Earnings Date7/29/2019 (Estimated)
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 Thursday, May 16th. Stockholders of record on Wednesday, May 29th will be given a dividend of $0.06 per share on Wednesday, June 12th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Tuesday, May 28th. View Kearny Financial's Dividend History.

How will Kearny Financial's stock buyback program work?

Kearny Financial announced that its Board of Directors has approved a stock repurchase plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were Kearny Financial's earnings last quarter?

Kearny Financial Corp. (NASDAQ:KRNY) announced its quarterly earnings results on Monday, April, 29th. The savings and loans company reported $0.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.01. The savings and loans company earned $42.31 million during the quarter. Kearny Financial had a return on equity of 3.69% and a net margin of 16.51%. 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 Monday, July 29th 2019. View Earnings Estimates for Kearny Financial.

What price target have analysts set for KRNY?

1 equities research analysts have issued 12-month price targets for Kearny Financial's stock. Their forecasts range from $12.50 to $12.50. On average, they anticipate Kearny Financial's share price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kearny Financial.

Has Kearny Financial been receiving favorable news coverage?

Media stories about KRNY stock have been trending positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kearny Financial earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news articles about the savings and loans company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Kearny Financial's key competitors?

What other stocks do shareholders of Kearny Financial own?

Who are Kearny Financial's key executives?

Kearny Financial's management team includes the folowing people:
  • Mr. Craig L. Montanaro, Pres, CEO & Director (Age 53)
  • Mr. Eric B. Heyer, Sr. EVP & COO (Age 57)
  • Ms. Erika J. Parisi, Exec. VP & Director of Customer Relationship Management Analytics (Age 54)
  • Mr. Patrick M. Joyce, Chief Lending Officer & Exec. VP (Age 54)
  • Mr. Keith Suchodolski, Exec. VP & CFO (Age 39)

Who are Kearny Financial's major shareholders?

Kearny Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.48%), BlackRock Inc. (7.10%), Renaissance Technologies LLC (6.45%), Villere ST Denis J & Co. LLC (5.48%), Geode Capital Management LLC (1.26%) and Northern Trust Corp (1.25%). Company insiders that own Kearny Financial stock include Craig Montanaro, John F Mcgovern, John F Regan, John J Mazur Jr, Joseph P Mazza, Keith Suchodolski, Leopold W Montanaro, Matthew T Mcclane, Patrick M Joyce, Theodore J Aanensen and Thomas Demedici. 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 BlackRock Inc., Morgan Stanley, Hennessy Advisors Inc., Keeley Teton Advisors LLC, Janus Henderson Group PLC, Kennedy Capital Management Inc., Northern Trust Corp and First Trust Advisors LP. Company insiders that have sold Kearny Financial company stock in the last year include Craig Montanaro, John F Regan, Keith Suchodolski, Theodore J Aanensen and Thomas Demedici. View Insider Buying and Selling for Kearny Financial.

Which major investors are buying Kearny Financial stock?

KRNY stock was purchased by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Victory Capital Management Inc., Goldman Sachs Group Inc., Geode Capital Management LLC, Dimensional Fund Advisors LP, Raymond James & Associates, Acadian Asset Management LLC and Boston Partners. 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 $13.42.

How big of a company is Kearny Financial?

Kearny Financial has a market capitalization of $1.25 billion and generates $184.69 million in revenue each year. Kearny Financial employs 520 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:  2.2 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  362
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 5/20/2019 by MarketBeat.com Staff

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