NASDAQ:KRNY Kearny Financial (KRNY) Stock Forecast, Price & News $7.25 +0.40 (+5.84%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$6.94▼$7.2750-Day Range$6.68▼$8.4252-Week Range$6.58▼$12.51Volume289,835 shsAverage Volume266,504 shsMarket Capitalization$479.11 millionP/E Ratio11.89Dividend Yield6.07%Price Target$10.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kearny Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside47.1% Upside$10.67 Price TargetShort InterestHealthy2.87% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.10Based on 2 Articles This WeekInsider TradingAcquiring Shares$143,790 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.97 out of 5 starsFinance Sector138th out of 874 stocksFederal Savings Institutions Industry10th out of 40 stocks 3.3 Analyst's Opinion Consensus RatingKearny Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Kearny Financial has a forecasted upside of 47.1% from its current price of $7.25.Amount of Analyst CoverageKearny Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.87% of the float of Kearny Financial has been sold short.Short Interest Ratio / Days to CoverKearny Financial has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Kearny Financial has recently decreased by 8.60%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipKearny Financial is a leading dividend payer. It pays a dividend yield of 6.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKearny Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kearny Financial is 72.13%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRNY. Previous Next 3.4 News and Social Media Coverage News SentimentKearny Financial has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Kearny Financial this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Kearny Financial to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 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 $143,790.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.56% of the stock of Kearny Financial is held by insiders.Percentage Held by Institutions65.41% 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 11.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Kearny Financial is 11.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.19.Price to Book Value per Share RatioKearny Financial has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kearny Financial (NASDAQ:KRNY) StockKearny Financial Corp. operates as a holding company, which engages in the ownership and operation of Kearny Bank. Its services include deposits from the general public in New Jersey. The firm uses deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. It offers both personal and business services. The company was founded in 1884 and is headquartered in Fairfield, NJ.Read More Receive KRNY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kearny Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address KRNY Stock News HeadlinesMay 29, 2023 | finance.yahoo.comKearny Financial (NASDAQ:KRNY) shareholders have endured a 43% loss from investing in the stock five years agoMay 10, 2023 | americanbankingnews.comLeopold W. Montanaro Acquires 7,000 Shares of Kearny Financial Corp. (NASDAQ:KRNY) StockJune 3, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 5, 2023 | americanbankingnews.comReviewing Kearny Financial (NASDAQ:KRNY) & TC Bancshares (NASDAQ:TCBC)May 2, 2023 | finance.yahoo.comKearny Financial (NASDAQ:KRNY) Will Pay A Dividend Of $0.11May 1, 2023 | markets.businessinsider.comKBW Sticks to Its Hold Rating for Kearny Financial (KRNY)April 28, 2023 | msn.comKearny Financial (KRNY) Declares $0.11 DividendApril 27, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Announces Third Quarter Fiscal 2023 Results and Declaration of Cash DividendJune 3, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. April 27, 2023 | finance.yahoo.comKearny Financial Corp. Announces Third Quarter Fiscal 2023 Results and Declaration of Cash DividendApril 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from Kearny Financial's earnings reportApril 9, 2023 | americanbankingnews.comKearny Financial (NASDAQ:KRNY) PT Lowered to $9.00April 6, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on Kearny Financial (KRNY)April 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Kearny Financial (KRNY) Market Perform RecommendationApril 4, 2023 | americanbankingnews.comShort Interest in Kearny Financial Corp. (NASDAQ:KRNY) Grows By 7.0%March 22, 2023 | americanbankingnews.comKearny Financial Corp. (NASDAQ:KRNY) Director John J. Mazur, Jr. Buys 6,000 Shares of StockMarch 19, 2023 | finance.yahoo.comJohn McGovern Is The Independent Director of Kearny Financial Corp. (NASDAQ:KRNY) And They Just Picked Up 3.0% More SharesMarch 1, 2023 | finance.yahoo.comKearny Financial Corp. (NASDAQ:KRNY) is a favorite amongst institutional investors who own 72%January 26, 2023 | finanznachrichten.deKearny Bank: Kearny Financial Corp. Announces Second Quarter Fiscal 2023 Results and Declaration of Cash DividendJanuary 26, 2023 | msn.comKearny Financial GAAP EPS of $0.03, revenue of $36.31MJanuary 26, 2023 | finance.yahoo.comKearny Financial Corp. Announces Second Quarter Fiscal 2023 Results and Declaration of Cash DividendJanuary 25, 2023 | msn.comEarnings Preview: Kearny FinancialJanuary 18, 2023 | reuters.comKRNY.O - | Stock Price & Latest News | ReutersJanuary 15, 2023 | finance.yahoo.comA Kearny Financial Corp. (NASDAQ:KRNY) insider increased their holdings by 2.9% last yearJanuary 9, 2023 | seekingalpha.comI Like Kearny Financial - Seeking Alpha Quant Doesn'tDecember 19, 2022 | finance.yahoo.comShareholders in Kearny Financial (NASDAQ:KRNY) are in the red if they invested five years agoDecember 8, 2022 | marketwatch.comKearny Financial Looks to Cut Operating Costs as Interest Rates RiseSee More Headlines KRNY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KRNY Company Calendar Last Earnings10/27/2021Ex-Dividend for 5/24 Dividend5/09/2023Dividend Payable5/24/2023Today6/02/2023Fiscal Year End6/30/2023Next Earnings (Estimated)7/27/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:KRNY CUSIP48716910 CIK1617242 Webwww.kearnybank.com Phone(973) 244-4500FaxN/AEmployees584Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.67 High Stock Price Forecast$12.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+47.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio11.89 Forward P/E RatioN/A P/E GrowthN/ANet Income$67.55 million Net Margins14.63% Pretax Margin19.15% Return on Equity5.81% Return on Assets0.63% Debt Debt-to-Equity Ratio1.88 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$188.18 million Price / Sales2.55 Cash Flow$1.08 per share Price / Cash Flow6.72 Book Value$13.11 per share Price / Book0.55Miscellaneous Outstanding Shares66,084,000Free Float61,088,000Market Cap$479.11 million OptionableOptionable Beta0.59 Key ExecutivesCraig L. MontanaroPresident, Chief Executive Officer & DirectorKeith SuchodolskiChief Financial Officer & Senior EVPTimothy A. SwanssonChief Technology & Innovation Officer, EVPPatrick M. JoyceChief Lending Officer & Executive Vice PresidentJohn V. DunneChief Risk Officer & Executive Vice PresidentKey CompetitorsNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKWaterstone FinancialNASDAQ:WSBFBrookline BancorpNASDAQ:BRKLCapitol Federal FinancialNASDAQ:CFFNOceanFirst FinancialNASDAQ:OCFCView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 43,554 shares on 5/22/2023Ownership: 0.137%JPMorgan Chase & Co.Sold 94,154 shares on 5/18/2023Ownership: 0.611%New York State Common Retirement FundSold 15,368 shares on 5/18/2023Ownership: 0.039%Susquehanna Fundamental Investments LLCSold 3,612 shares on 5/16/2023Ownership: 0.026%Jane Street Group LLCSold 2,015 shares on 5/16/2023Ownership: 0.021%View All Insider TransactionsView All Institutional Transactions KRNY Stock - Frequently Asked Questions Should I buy or sell Kearny Financial stock right now? 2 Wall Street 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 research analysts is that investors should "buy" KRNY shares. View KRNY analyst ratings or view top-rated stocks. What is Kearny Financial's stock price forecast for 2023? 2 brokers have issued 1 year price targets for Kearny Financial's stock. Their KRNY share price forecasts range from $9.00 to $12.00. On average, they expect the company's share price to reach $10.67 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View analysts price targets for KRNY or view top-rated stocks among Wall Street analysts. How have KRNY shares performed in 2023? Kearny Financial's stock was trading at $10.15 on January 1st, 2023. Since then, KRNY stock has decreased by 28.6% and is now trading at $7.25. View the best growth stocks for 2023 here. When is Kearny Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our KRNY earnings forecast. How were Kearny Financial's earnings last quarter? Kearny Financial Corp. (NASDAQ:KRNY) announced its quarterly earnings results on Wednesday, October, 27th. The savings and loans company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. The savings and loans company earned $53.39 million during the quarter, compared to analysts' expectations of $56.10 million. Kearny Financial had a trailing twelve-month return on equity of 5.81% and a net margin of 14.63%. During the same period in the prior year, the firm earned $0.17 earnings per share. How often does Kearny Financial pay dividends? What is the dividend yield for Kearny Financial? Kearny Financial announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Wednesday, May 10th will be given a dividend of $0.11 per share on Wednesday, May 24th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Tuesday, May 9th. Read our dividend analysis for KRNY. What ETFs hold Kearny Financial's stock? ETFs with the largest weight of Kearny Financial (NASDAQ:KRNY) stock in their portfolio include First Trust Active Factor Small Cap ETF (AFSM), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST) and Is Kearny Financial a good dividend stock? Kearny Financial (NASDAQ:KRNY) pays an annual dividend of $0.44 per share and currently has a dividend yield of 6.23%. KRNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.13%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for KRNY. What is Craig L. Montanaro's approval rating as Kearny Financial's CEO? 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. 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 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). 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 Dimensional Fund Advisors LP (8.37%), BlackRock Inc. (7.47%), Renaissance Technologies LLC (5.34%), Villere ST Denis J & Co. LLC (4.63%), State Street Corp (2.81%) and Geode Capital Management LLC (1.95%). Insiders that own company stock include John F Mcgovern, John F Regan, John J Mazur Jr, John J Mazur, Jr, Leopold W Montanaro, Leopold W Montanaro, Patrick M Joyce, Patrick M Joyce, Raymond E Chandonnet, Theodore J Aanensen, Thomas Demedici and Timothy A Swansson. View institutional ownership trends. How do I buy shares of Kearny Financial? 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. Compare Top Brokerages Here. What is Kearny Financial's stock price today? One share of KRNY stock can currently be purchased for approximately $7.25. How much money does Kearny Financial make? Kearny Financial (NASDAQ:KRNY) has a market capitalization of $479.11 million and generates $188.18 million in revenue each year. The savings and loans company earns $67.55 million in net income (profit) each year or $0.61 on an earnings per share basis. How many employees does Kearny Financial have? The company employs 584 workers across the globe. How can I contact Kearny Financial? 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. This page (NASDAQ:KRNY) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kearny Financial Corp. 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