Keefe, Bruyette & Woods Predicts KRNY Q4 Earnings

Kearny Financial (NASDAQ:KRNY) – Equities research analysts at Keefe, Bruyette & Woods issued their Q4 2026 earnings estimates for shares of Kearny Financial in a research note issued on Wednesday, July 15th. Keefe, Bruyette & Woods analyst C. O’connell forecasts that the savings and loans company will post earnings of $0.17 per share for the quarter. The consensus estimate for Kearny Financial’s current full-year earnings is $0.61 per share.

Several other research firms also recently issued reports on KRNY. Piper Sandler upped their target price on Kearny Financial from $9.50 to $10.50 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Weiss Ratings cut Kearny Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Zacks Research upgraded Kearny Financial to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $10.50.

Kearny Financial Trading Up 2.3%

NASDAQ:KRNY opened at $9.69 on Thursday. The company has a market capitalization of $627.33 million, a P/E ratio of 17.00 and a beta of 0.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.39. Kearny Financial has a 12 month low of $5.76 and a 12 month high of $9.76. The firm has a fifty day simple moving average of $8.64 and a 200-day simple moving average of $8.08.

Kearny Financial (NASDAQ:KRNY) last issued its quarterly earnings results on Thursday, April 23rd. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. The business had revenue of $44.31 million for the quarter, compared to analyst estimates of $43.67 million. Kearny Financial had a net margin of 10.39% and a return on equity of 4.61%.

Institutional Investors Weigh In On Kearny Financial

Several hedge funds have recently added to or reduced their stakes in KRNY. Adage Capital Partners GP L.L.C. raised its stake in shares of Kearny Financial by 488.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,612,987 shares of the savings and loans company’s stock valued at $11,952,000 after buying an additional 1,339,062 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Kearny Financial by 373.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 918,125 shares of the savings and loans company’s stock valued at $5,931,000 after buying an additional 724,297 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Kearny Financial by 36.4% in the 4th quarter. AQR Capital Management LLC now owns 2,023,294 shares of the savings and loans company’s stock valued at $14,993,000 after buying an additional 539,811 shares during the period. First Trust Advisors LP boosted its stake in shares of Kearny Financial by 402.0% in the third quarter. First Trust Advisors LP now owns 214,681 shares of the savings and loans company’s stock worth $1,410,000 after buying an additional 171,916 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in shares of Kearny Financial in the fourth quarter worth about $1,145,000. 71.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kearny Financial

In other Kearny Financial news, Director Melvina Wong-Zaza acquired 3,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were acquired at an average cost of $8.57 per share, with a total value of $29,995.00. Following the acquisition, the director directly owned 33,910 shares of the company’s stock, valued at approximately $290,608.70. The trade was a 11.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Curtland E. Fields acquired 3,600 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was acquired at an average price of $8.41 per share, for a total transaction of $30,276.00. Following the purchase, the director directly owned 43,200 shares of the company’s stock, valued at approximately $363,312. This trade represents a 9.09% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 24,800 shares of company stock valued at $211,196. Company insiders own 7.44% of the company’s stock.

Kearny Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, May 6th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 4.5%. The ex-dividend date was Wednesday, May 6th. Kearny Financial’s payout ratio is presently 77.19%.

Kearny Financial Company Profile

Kearny Financial, Inc was the bank holding company for Kearny Bank, a New Jersey–based community bank offering a full suite of commercial and consumer banking services. Through its subsidiary, the company provided deposit products, lending facilities and electronic banking solutions to individuals, small businesses and middle-market corporations.

The company’s core products included checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, equipment financing, home equity lines of credit and consumer installment loans.