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: $1.23 billion
  • Outstanding Shares: 82,611,000
Average Prices:
  • 50 Day Moving Avg: $14.94
  • 200 Day Moving Avg: $14.65
  • 52 Week Range: $13.35 - $16.10
P/E:
  • Trailing P/E Ratio: 70.23
  • Foreward P/E Ratio: 54.29
  • P/E Growth: 16.15
Sales & Book Value:
  • Annual Revenue: $108.54 million
  • Price / Sales: 11.57
  • 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: 321,615 shs.
  • Beta: 0.61
  • 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 of this dividend is Tuesday, October 3rd. This is a positive change 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 initiated a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase 8,560,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are 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 (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.00. The business had revenue of $29.75 million for the quarter. Kearny Financial had a net margin of 12.37% and a return on equity of 1.70%. 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 12 month price objectives for Kearny Financial's stock. Their forecasts range from $13.00 to $17.00. On average, they anticipate Kearny Financial's share price to reach $15.00 in the next year. 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 number of of retail and institutional investors. Top institutional shareholders include Fox Run Management L.L.C. (0.05%). 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 bought Kearny Financial stock? Who is buying Kearny Financial stock?

Kearny Financial's stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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 $15.20.


MarketBeat Community Rating for Kearny Financial (NASDAQ KRNY)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  170
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 (1.32% downside)
Consensus Price Target History for Kearny Financial (NASDAQ:KRNY)
Price Target History for Kearny Financial (NASDAQ:KRNY)
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 10/23/2015 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)
Most Recent 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: 3.78%
Institutional Ownership Percentage: 64.12%
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)
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Chart

Kearny Financial (KRNY) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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