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NASDAQ:KRNYKearny Financial Stock Price, Forecast & News

$8.04
+0.34 (+4.42 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$7.60
Now: $8.04
$8.05
50-Day Range
$7.23
MA: $7.77
$8.27
52-Week Range
$7.22
Now: $8.04
$14.40
Volume212,114 shs
Average Volume384,187 shs
Market Capitalization$672.63 million
P/E Ratio14.89
Dividend Yield3.98%
Beta0.65
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


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$252.93 million
Cash Flow$0.40 per share
Book Value$12.11 per share

Profitability

Net Income$44.97 million

Miscellaneous

Employees520
Market Cap$672.63 million
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$8.04
+0.34 (+4.42 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kearny Financial (NASDAQ:KRNY) Frequently Asked Questions

How has Kearny Financial's stock been impacted by COVID-19 (Coronavirus)?

Kearny Financial's stock was trading at $10.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KRNY shares have decreased by 20.5% and is now trading at $8.04.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Kearny Financial?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kearny Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Kearny Financial
.

When is Kearny Financial's next earnings date?

Kearny Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Kearny Financial
.

How were Kearny Financial's earnings last quarter?

Kearny Financial Corp. (NASDAQ:KRNY) released its quarterly earnings data on Thursday, July, 30th. The savings and loans company reported $0.17 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.09. The savings and loans company earned $45.45 million during the quarter, compared to the consensus estimate of $42.45 million. Kearny Financial had a net margin of 17.78% and a return on equity of 4.01%.
View Kearny Financial's earnings history
.

How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial?

Kearny Financial announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, June 3rd will be paid a dividend of $0.08 per share on Wednesday, June 17th. This represents a $0.32 annualized dividend and a yield of 3.98%. The ex-dividend date is Tuesday, June 2nd.
View Kearny Financial's dividend history
.

What price target have analysts set for KRNY?

1 analysts have issued 12 month target prices for Kearny Financial's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Kearny Financial's share price to reach $10.00 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
View analysts' price targets for Kearny Financial
.

Has Kearny Financial been receiving favorable news coverage?

Press coverage about KRNY stock has been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kearny Financial earned a news impact score of -4.8 on InfoTrie's scale. They also gave news stories about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Kearny Financial
.

Are investors shorting Kearny Financial?

Kearny Financial saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,180,000 shares, an increase of 20.2% from the July 15th total of 982,000 shares. Based on an average trading volume of 343,700 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.5% of the company's stock are short sold.
View Kearny Financial's Short Interest
.

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 following 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)

What is Kearny Financial's stock symbol?

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

Who are Kearny Financial's major shareholders?

Kearny Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (5.68%), Russell Investments Group Ltd. (1.01%), WINTON GROUP Ltd (0.31%), Raymond James & Associates (0.29%), Swiss National Bank (0.21%) and Grace & White Inc. NY (0.21%). Company insiders that own Kearny Financial stock include Catherine A Lawton, Christopher Petermann, Craig Montanaro, Eric B Heyer, John F Mcgovern, John F Regan, Keith Suchodolski, Patrick M Joyce, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson.
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 First Trust Advisors LP, Villere ST Denis J & Co. LLC, Hennessy Advisors Inc., UBS Group AG, New York State Common Retirement Fund, Russell Investments Group Ltd., Creative Planning, and Grace & White Inc. NY. Company insiders that have sold Kearny Financial company stock in the last year include John F Regan, and Timothy A Swansson.
View insider buying and selling activity 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 Strs Ohio, WINTON GROUP Ltd, Seizert Capital Partners LLC, Principal Financial Group Inc., Quantitative Systematic Strategies LLC, Swiss National Bank, SG Americas Securities LLC, and ProShare Advisors LLC. Company insiders that have bought Kearny Financial stock in the last two years include Catherine A Lawton, Christopher Petermann, and John F Mcgovern.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Kearny Financial's stock price today?

One share of KRNY stock can currently be purchased for approximately $8.04.

How big of a company is Kearny Financial?

Kearny Financial has a market capitalization of $672.63 million and generates $252.93 million in revenue each year. The savings and loans company earns $44.97 million in net income (profit) each year or $0.54 on an earnings per share basis. Kearny Financial employs 520 workers across the globe.

What is Kearny Financial's official website?

The official website for Kearny Financial is 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]

This page was last updated on 8/9/2020 by MarketBeat.com Staff

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