NASDAQ:KRNY Kearny Financial Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kearny Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.64 +0.09 (+1.19 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$7.50Now: $7.65▼$7.6650-Day Range$7.30MA: $7.82▼$8.2152-Week Range$7.22Now: $7.65▼$14.40Volume1.04 million shsAverage Volume364,365 shsMarket Capitalization$684.36 millionP/E Ratio14.16Dividend Yield4.24%Beta0.66 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingKearny Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Kearny Financial has a forecasted upside of 30.8% from its current price of $7.65.Amount of Analyst CoverageKearny Financial has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesKearny Financial has received 197 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKearny Financial has received 278 “underperform” votes. (Add your “underperform” vote.)Community SentimentKearny Financial has received 58.53% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipKearny Financial is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKearny Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Kearny Financial is 59.26%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kearny Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $204,660.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.57% of the stock of Kearny Financial is held by insiders.Percentage Held by Institutions65.30% of the stock of Kearny Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Kearny Financial is 14.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Kearny Financial is 14.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Book Value per Share RatioKearny Financial has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:KRNY Previous Symbol CUSIP48716910 CIK1617242 Webwww.kearnybank.com Phone973-244-4500Debt Debt-to-Equity Ratio1.08 Current Ratio1.06 Quick Ratio1.05Price-To-Earnings Trailing P/E Ratio14.16 Forward P/E Ratio14.42 P/E GrowthN/A Sales & Book Value Annual Sales$252.93 million Price / Sales2.71 Cash Flow$0.50 per share Price / Cash Flow15.14 Book Value$12.96 per share Price / Book0.59Profitability EPS (Most Recent Fiscal Year)$0.54 Net Income$44.97 million Net Margins17.78% Return on Equity4.01% Return on Assets0.65%Miscellaneous Employees520 Outstanding Shares89,517,000Market Cap$684.36 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $7.64 +0.09 (+1.19 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive KRNY News and Ratings via Email Sign-up to receive the latest news and ratings for KRNY and its competitors with MarketBeat's FREE daily newsletter. Kearny Financial (NASDAQ:KRNY) Frequently Asked Questions How has Kearny Financial's stock been impacted by COVID-19? 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 (WHO). Since then, KRNY shares have decreased by 24.4% and is now trading at $7.6450. View which stocks have been most impacted by COVID-19. 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) posted its earnings results on Thursday, July, 30th. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.09. The savings and loans company earned $45.45 million during the quarter, compared to analysts' expectations 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, August 19th. Stockholders of record on Wednesday, September 2nd will be given a dividend of $0.08 per share on Wednesday, September 16th. This represents a $0.32 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Tuesday, September 1st. View Kearny Financial's dividend history. What price target have analysts set for KRNY? 1 Wall Street analysts have issued 1-year price targets for Kearny Financial's stock. Their forecasts range from $10.00 to $10.00. On average, they expect Kearny Financial's stock price to reach $10.00 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for Kearny Financial. Who are some of Kearny Financial's key competitors? Some companies that are related to Kearny Financial include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Lendingtree (TREE), MGIC Investment (MTG), Radian Group (RDN), Simply Good Foods (SMPL), Washington Federal (WAFD), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), EverBank Financial (EVER), At Home Group (HOME) and OceanFirst Financial (OCFC). View all competitors. What other stocks do shareholders of Kearny Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kearny Financial investors own include Public Service Enterprise Group (PEG), Southern National Banc. of Virginia (SONA), New Jersey Resources (NJR), Pure Storage (PSTG), Columbia Financial (CLBK), Meridian Bancorp (EBSB), Melrose Bancorp (MELR), General Electric (GE), Independent Bank (INDB) and Intel (INTC). 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 variety of retail and institutional investors. Top institutional shareholders include Villere ST Denis J & Co. LLC (5.68%), Russell Investments Group Ltd. (1.01%), Nuveen Asset Management LLC (1.00%), Castine Capital Management LLC (0.96%), Charles Schwab Investment Management Inc. (0.60%) and Bank of New York Mellon Corp (0.56%). Company insiders that own Kearny Financial stock include Catherine A Lawton, Christopher Petermann, Craig Montanaro, Eric B Heyer, John F Mcgovern, John F Regan, John J Mazur, Jr, Keith Suchodolski, Patrick M Joyce, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson. View institutional ownership trends for Kearny Financial. Which institutional investors are selling Kearny Financial stock? KRNY stock was sold by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, First Trust Advisors LP, Villere ST Denis J & Co. LLC, Hennessy Advisors Inc., UBS Group AG, Bank of New York Mellon Corp, Tudor Investment Corp Et Al, and New York State Common Retirement Fund. View insider buying and selling activity for Kearny Financial. Which institutional investors are buying Kearny Financial stock? KRNY stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, Marshall Wace LLP, Goldman Sachs Group Inc., Canada Pension Plan Investment Board, Ancora Advisors LLC, Strs Ohio, and WINTON GROUP Ltd. Company insiders that have bought Kearny Financial stock in the last two years include Catherine A Lawton, Christopher Petermann, John F Mcgovern, and John J Mazur, Jr. 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 $7.65. How big of a company is Kearny Financial? Kearny Financial has a market capitalization of $684.36 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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