Kearny Financial - KRNY Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRNY shares.
View KRNY analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1 year price targets for Kearny Financial's shares. Their KRNY share price forecasts range from $10.00 to $12.00. On average, they expect the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for KRNY or view top-rated stocks among Wall Street analysts.

Kearny Financial's stock was trading at $10.15 at the beginning of 2023. Since then, KRNY shares have decreased by 16.4% and is now trading at $8.49.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our KRNY earnings forecast.

Kearny Financial Corp. (NASDAQ:KRNY) announced its earnings results on Thursday, January, 26th. The savings and loans company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.02. The savings and loans company earned $36.31 million during the quarter, compared to analysts' expectations of $49.20 million. Kearny Financial had a trailing twelve-month return on equity of 6.43% and a net margin of 18.76%.

Kearny Financial declared a quarterly dividend on Thursday, January 26th. Stockholders of record on Wednesday, February 8th will be paid a dividend of $0.11 per share on Wednesday, February 22nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Tuesday, February 7th.
Read our dividend analysis for KRNY.

ETFs with the largest weight of Kearny Financial (NASDAQ:KRNY) stock in their portfolio include First Trust Active Factor Small Cap ETF (AFSM), iShares US Small Cap Value Factor ETF (SVAL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), RiverFront Dynamic US Flex-Cap ETF (RFFC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and SPDR S&P Regional Banking ETF (KRE).Adasina Social Justice All Cap Global ETF (JSTC).

Kearny Financial (NASDAQ:KRNY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.19%. KRNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 62.86%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for KRNY.

11 employees have rated Kearny Financial Chief Executive Officer Craig L. Montanaro on Glassdoor.com. Craig L. Montanaro has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kearny Financial investors own include Public Service Enterprise Group (PEG), Southern National Bancorp of Virginia (SONA), New Jersey Resources (NJR), Pure Storage (PSTG), Columbia Financial (CLBK), Meridian Bancorp (EBSB), General Electric (GE), Intel (INTC), Altria Group (MO).

Kearny Financial trades on the NASDAQ under the ticker symbol "KRNY."

Kearny Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (10.01%), Dimensional Fund Advisors LP (8.46%), Renaissance Technologies LLC (5.34%), Villere ST Denis J & Co. LLC (4.74%), Driehaus Capital Management LLC (3.03%) and Geode Capital Management LLC (1.83%). Insiders that own company stock include John F Mcgovern, John F Regan, John J Mazur Jr, John J Mazur, Jr, Leopold W Montanaro, Patrick M Joyce, Patrick M Joyce, Raymond E Chandonnet, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson.
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Shares of KRNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KRNY stock can currently be purchased for approximately $8.49.

Kearny Financial (NASDAQ:KRNY) has a market capitalization of $572.06 million and generates $240.21 million in revenue each year. The savings and loans company earns $67.55 million in net income (profit) each year or $0.70 on an earnings per share basis.

The company employs 584 workers across the globe.

Kearny Financial's mailing address is 120 PASSAIC AVENUE, FAIRFIELD NJ, 07004. The official website for the company is www.kearnybank.com. The savings and loans company can be reached via phone at (973) 244-4500 or via email at tclaus@kearnybank.com.