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

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$13.16 0.00 (0.00 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$13.16
Today's Range$13.03 - $13.21
52-Week Range$11.26 - $14.80
Volume193,703 shs
Average Volume353,402 shs
Market Capitalization$1.27 billion
P/E Ratio34.68
Dividend Yield1.52%
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

Current Ratio1.19
Quick Ratio1.19

Price-To-Earnings

Sales & Book Value

Annual Sales$184.69 million
Price / Sales6.86
Cash Flow$0.3116 per share
Price / Cash Flow42.24
Book Value$12.39 per share
Price / Book1.06

Profitability

Net Income$19.59 million
Net Margins12.42%
Return on Assets0.58%

Miscellaneous

Employees565
Market Cap$1.27 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. Investors 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 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Tuesday, November 27th. This is a positive change 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 announced that its Board of Directors has authorized a share buyback plan on Sunday, June 4th 2017, which allows the company to repurchase 8,560,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Kearny Financial's earnings last quarter?

Kearny Financial Corp. (NASDAQ:KRNY) released its quarterly earnings data on Tuesday, October, 30th. The savings and loans company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The savings and loans company earned $43.36 million during the quarter. Kearny Financial had a net margin of 12.42% and a return on equity of 2.97%. 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 12 month price targets 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 twelve months. This suggests a possible upside of 2.6% 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 coverage about KRNY stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kearny Financial earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media headlines about the savings and loans company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

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 many different of retail and institutional investors. Top institutional investors include 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.

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 $13.16.

How big of a company is Kearny Financial?

Kearny Financial has a market capitalization of $1.27 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 1/15/2019 by MarketBeat.com Staff

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