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.
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Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Phone973-244-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$250.89 million
Profitability
Miscellaneous
Employees520
Next Earnings Date1/29/2020 (Estimated)
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 announced a quarterly dividend on Wednesday, November 20th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.07 per share on Friday, December 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Thursday, December 5th. This is an increase from Kearny Financial's previous quarterly dividend of $0.06. View Kearny Financial's Dividend History.
How were Kearny Financial's earnings last quarter?
Kearny Financial Corp. (NASDAQ:KRNY) released its quarterly earnings data on Wednesday, October, 30th. The savings and loans company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.04. The savings and loans company earned $40.65 million during the quarter. Kearny Financial had a net margin of 16.72% and a return on equity of 3.81%. View Kearny Financial's Earnings History.
When is Kearny Financial's next earnings date?
What price target have analysts set for KRNY?
1 equities research analysts have issued 12 month price objectives for Kearny Financial's shares. Their forecasts range from $12.50 to $12.50. On average, they anticipate Kearny Financial's stock price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kearny Financial.
Has Kearny Financial been receiving favorable news coverage?
Media coverage about KRNY stock has trended extremely negative on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kearny Financial earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news articles about the savings and loans company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Kearny Financial.
Are investors shorting Kearny Financial?
Kearny Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,820,000 shares, an increase of 8.8% from the December 15th total of 3,510,000 shares. Based on an average daily trading volume, of 262,700 shares, the days-to-cover ratio is presently 14.5 days. Currently, 4.9% of the shares of the stock are short sold. View Kearny Financial's Current Options Chain.
Who are some of Kearny Financial's key competitors?
Some companies that are related to Kearny Financial include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).
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), Century Aluminum (CENX), People's United Financial (PBCT), General Electric (GE), Merck & Co., Inc. (MRK), Pfizer (PFE) and Exxon Mobil (XOM).
Who are Kearny Financial's key executives?
Kearny Financial's management team includes the folowing 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)
Who are Kearny Financial's major shareholders?
Kearny Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.18%) and Raymond James Trust N.A. (0.02%). Company insiders that own Kearny Financial stock include Craig Montanaro, Eric B Heyer, John F Mcgovern, John F Regan, Keith Suchodolski, Leopold W Montanaro, 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 Hennessy Advisors Inc. and Raymond James Trust N.A.. Company insiders that have sold Kearny Financial company stock in the last year include Craig Montanaro, Eric B Heyer, John F Regan, Keith Suchodolski, Patrick M Joyce, Thomas Demedici and Timothy A Swansson. 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, Robinhood, Fidelity and Charles Schwab.
What is Kearny Financial's stock price today?
One share of KRNY stock can currently be purchased for approximately $13.14.
How big of a company is Kearny Financial?
Kearny Financial has a market capitalization of $1.13 billion and generates $250.89 million in revenue each year. The savings and loans company earns $42.14 million in net income (profit) each year or $0.47 on an earnings per share basis. Kearny Financial employs 520 workers across the globe.View Additional Information About Kearny Financial.
What is Kearny Financial's official website?
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)
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.
