From what 3 stock analysts predict, the share price for Kearny Financial Corp-MD (KRNY) might increase by 13.28% in the next year. This is based on a 12-month average estimation for KRNY. Price targets go from $7 to $7.5. The majority of stock analysts believe KRNY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
KRNY is a stock in Finance which has been forecasted to be worth $7.25 as an average. On the higher end, the forecast price is $7.5 USD by from and on the lower end KRNY is forecasted to be $7 by Christopher O'Connell from Keefe, Bruyette & Woods.
These are the latest 20 analyst ratings of KRNY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $7 | Maintains | Jul 30, 2024 |
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $8 | Maintains | May 1, 2023 |
Christopher O'Connell Keefe, Bruyette & Woods | Market Perform | $9 | Maintains | Apr 6, 2023 |
Christopher OConnell Keefe, Bruyette & Woods | Market Perform | $10 | Maintains | Jan 31, 2023 |
Laurie Hunsicker Compass Point | Neutral | $11 | Downgrade | Oct 28, 2022 |
Mark Fitzgibbon Piper Sandler | Neutral | $14 | Downgrade | Jan 6, 2022 |
Piper Sandler | Overweight | $9 | Maintains | Sep 28, 2020 |
Mark Fitzgibbon Piper Sandler | Overweight | $10 | Upgrade | Apr 6, 2020 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $12.5 | Upgrade | Apr 4, 2019 |
Keefe Bruyette & Woods | Market Perform | Upgrade | Apr 4, 2019 | |
Keefe Bruyette & Woods | Underperform | Downgrade | May 16, 2017 | |
Keefe, Bruyette & Woods | Underperform | Downgrade | May 16, 2017 | |
Compass Point | Buy | Upgrade | Jan 31, 2017 | |
Compass Point | Neutral | Downgrade | Nov 18, 2016 | |
Keefe, Bruyette & Woods | Market Perform | $13.5 | Maintains | Sep 7, 2016 |
Keefe Bruyette & Woods | Market Perform | Maintains | Sep 7, 2016 | |
Keefe, Bruyette & Woods | Market Perform | $12 | Maintains | Sep 3, 2015 |
Keefe Bruyette & Woods | Market Perform | Maintains | Sep 3, 2015 | |
Sandler O'Neill | Buy | Initiates | Jun 29, 2015 | |
Piper Sandler | Buy | Initiates | Jun 29, 2015 |
When did it IPO
2005
Staff Count
552
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Craig L. Montanaro
Market Cap
$440.4M
In 2023, KRNY generated $178.6M in revenue, which was a decrease of -15.16% from the previous year. This can be seen as a signal that KRNY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - FAIRFIELD, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the u201cCompanyu201d), the holding company of Kearny Bank (the u201cBanku201d), reported net income for the quarter ended Septemberu00a030, 2023 of $9.8 million, or $0.16 per diluted share, compared to $12.0 million, or $0.19 per diluted share, for the quarter ended Juneu00a030, 2023.
Summary - I have been a customer of Kearny Financial since 1999 and have been writing about investing in the company for three years. Seeking Alpha rates the stock as a sell, but I disagree and rate it as a weak buy. Wall Street ratings for the stock have been varied, ranging from strong sell to hold and long.
Summary - FAIRFIELD, N.J., July 27, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the u201cCompanyu201d), the holding company of Kearny Bank (the u201cBanku201d), reported net income for the quarter ended Juneu00a030, 2023 of $12.0 million, or $0.19 per diluted share, compared to $10.3 million, or $0.16 per diluted share, for the quarter ended Marchu00a031, 2023.
Summary - FAIRFIELD, N.J., June 22, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the u201cCompanyu201d), the holding company of Kearny Bank (the u201cBanku201d), announced that the Board of Directors of the Company and the Board of Directors of the Bank (together, the u201cBoardsu201d) each appointed two new directors, Curtland E. Fields and Melvina Wong-Zaza, effective today.
Summary - FAIRFIELD, N.J., April 27, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the u201cCompanyu201d), the holding company of Kearny Bank (the u201cBanku201d), reported net income for the quarter ended Marchu00a031, 2023 of $10.3 million, or $0.16 per diluted share, compared to $2.0 million, or $0.03 per diluted share, for the quarter ended Decemberu00a031, 2022. Net income for the quarters ended Marchu00a031, 2023 and Decemberu00a031, 2022 was impacted by various non-recurring items, as described in further detail below.
Summary - FAIRFIELD, N.J., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the u201cCompanyu201d), the holding company of Kearny Bank (the u201cBanku201d), reported net income for the quarter ended Decemberu00a031, 2022 of $2.0 million, or $0.03 per diluted share, compared to $16.5 million, or $0.25 per diluted share, for the quarter ended Septemberu00a030, 2022. The decrease in net income and earnings per share for the quarter was largely attributable to a previously announced after-tax loss of $10.8 million on the sale of securities.