NASDAQ:KRNYKearny Financial Stock Price, Forecast & News

Kearny Financial's stock was trading at $10.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, KRNY stock has decreased by 23.4% and is now trading at $7.74. View which stocks have been most impacted by Coronavirus.

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.

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

Kearny Financial Corp. (NASDAQ:KRNY) posted its earnings results on Wednesday, April, 29th. The savings and loans company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.03. The savings and loans company earned $43.81 million during the quarter, compared to analyst estimates of $39.20 million. Kearny Financial had a return on equity of 3.60% and a net margin of 15.82%. View Kearny Financial's earnings history.

Kearny Financial announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.08 per share on Wednesday, June 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Tuesday, June 2nd. View Kearny Financial's dividend history.

1 equities research analysts have issued 1-year target prices for Kearny Financial's shares. 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 twelve months. This suggests a possible upside of 29.2% from the stock's current price. View analysts' price targets for Kearny Financial.

News coverage about KRNY stock has been trending negative on Wednesday, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kearny Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news stories about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Kearny Financial.

Kearny Financial saw a decline in short interest in June. As of June 30th, there was short interest totaling 775,900 shares, a decline of 15.5% from the June 15th total of 917,800 shares. Based on an average trading volume of 345,600 shares, the short-interest ratio is presently 2.2 days. Approximately 1.0% of the shares of the company are sold short. View Kearny Financial's Current Options Chain.

Some companies that are related to Kearny Financial include People's United Financial (PBCT), New York Community Bancorp (NYCB), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Simply Good Foods (SMPL), EverBank Financial (EVER), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), Northwest Bancshares (NWBI), OceanFirst Financial (OCFC) and Provident Financial Services (PFS). View all competitors.

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), Melrose Bancorp (MELR), Meridian Bancorp (EBSB), General Electric (GE), Merck & Co., Inc. (MRK) and People's United Financial (PBCT).

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

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.

One share of KRNY stock can currently be purchased for approximately $7.74.

Kearny Financial has a market capitalization of $647.55 million 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.

The official website for Kearny Financial is www.kearnybank.com.

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]