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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
NASDAQ:KRNY

Kearny Financial (KRNY) Stock Price, News & Analysis

$6.32
+0.31 (+5.16%)
(As of 03/27/2024 ET)
Today's Range
$6.06
$6.33
50-Day Range
$5.87
$8.37
52-Week Range
$5.78
$9.46
Volume
332,858 shs
Average Volume
453,457 shs
Market Capitalization
$407.26 million
P/E Ratio
21.79
Dividend Yield
6.96%
Price Target
$9.00

Kearny Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
42.4% Upside
$9.00 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$98,664 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.23 out of 5 stars

Finance Sector

246th out of 861 stocks

Federal Savings Institutions Industry

8th out of 35 stocks

KRNY stock logo

About Kearny Financial Stock (NASDAQ:KRNY)

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 multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. Kearny Financial Corp. was founded in 1884 and is headquartered in Fairfield, New Jersey.

KRNY Stock Price History

KRNY Stock News Headlines

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According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Jim Simons Adjusts Position in Kearny Financial Corp
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Kearny Financial Enhances Investor Insight with New Presentation
Kearny Financial Corp KRNY
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Ex-Dividend for 2/21 Dividend
2/06/2024
Dividend Payable
2/21/2024
Today
3/27/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:KRNY
CUSIP
48716910
Fax
N/A
Employees
556
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+42.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$40.81 million
Pretax Margin
9.46%

Debt

Sales & Book Value

Annual Sales
$296.48 million
Cash Flow
$0.82 per share
Book Value
$13.15 per share

Miscellaneous

Free Float
59,140,000
Market Cap
$407.26 million
Optionable
Optionable
Beta
0.71
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Key Executives


KRNY Stock Analysis - Frequently Asked Questions

Should I buy or sell Kearny Financial stock right now?

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. The consensus among Wall Street analysts is that investors should "hold" KRNY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KRNY, but not buy additional shares or sell existing shares.
View KRNY analyst ratings
or view top-rated stocks.

What is Kearny Financial's stock price target for 2024?

1 analysts have issued 1 year price objectives for Kearny Financial's stock. Their KRNY share price targets range from $9.00 to $9.00. On average, they predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 42.4% 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 2024?

Kearny Financial's stock was trading at $8.97 on January 1st, 2024. Since then, KRNY stock has decreased by 29.5% and is now trading at $6.32.
View the best growth stocks for 2024 here
.

When is Kearny Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our KRNY earnings forecast
.

How were Kearny Financial's earnings last quarter?

Kearny Financial Corp. (NASDAQ:KRNY) posted its quarterly earnings results on Wednesday, January, 31st. The savings and loans company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.15 by $0.06. The savings and loans company had revenue of $19.83 million for the quarter, compared to the consensus estimate of $42.60 million. Kearny Financial had a net margin of 5.84% and a trailing twelve-month return on equity of 4.44%.

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

Kearny Financial declared a quarterly dividend on Wednesday, January 24th. Investors of record on Wednesday, February 7th will be paid a dividend of $0.11 per share on Wednesday, February 21st. This represents a $0.44 annualized dividend and a dividend yield of 6.96%. The ex-dividend date of this dividend is Tuesday, February 6th.
Read our dividend analysis for KRNY
.

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 7.32%. KRNY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 151.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
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?
Who are Kearny Financial's major shareholders?

Kearny Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.78%), Vanguard Group Inc. (8.78%), Dimensional Fund Advisors LP (7.02%), Villere ST Denis J & Co. LLC (2.75%), Charles Schwab Investment Management Inc. (1.39%) and Hotchkis & Wiley Capital Management LLC (1.10%). Insiders that own company stock include Christopher Petermann, Curtland E Fields, John F Mcgovern, John F Regan, John J Mazur Jr, Keith Suchodolski, Leopold W Montanaro, Leopold W Montanaro, Melvina Wong-Zaza, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:KRNY) was last updated on 3/28/2024 by MarketBeat.com Staff

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