Kearny Financial Corp-MD

Kearny Financial Corp-MD Stock Forecast & Price Prediction

Live Kearny Financial Corp-MD Stock (KRNY) Price
$6.4

3

Ratings

  • Buy 2
  • Hold 0
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$6.4

P/E Ratio

28.20

Volume Traded Today

$280,489

Dividend

$0.11

52 Week High/low

9.46/5.28

Kearny Financial Corp-MD Market Cap

$440.4M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $KRNY ๐Ÿ›‘

Before you buy KRNY you'll want to see this list of ten stocks that have huge potential. Want to see if KRNY made the cut? Enter your email below

KRNY Summary

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 Analyst Ratings

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.

KRNY stock forecast by analyst

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

KRNY Company Information

  • Company Name: Kearny Financial Corp.
  • Type: Holding company for Kearny Bank
  • Location: Fairfield, New Jersey, USA
  • Founded: 1884
  • Core Business: Provides a range of banking products and services
  • Deposit Products:
    • Interest-bearing and non-interest-bearing checking accounts
    • Money market deposit accounts
    • Savings accounts
    • Certificates of deposit accounts
  • Loan Offerings:
    • Multi-family and nonresidential real estate mortgage loans
    • Commercial term loans and lines of credit
    • One- to four-family residential mortgage loans
    • Home equity loans and lines of credit
    • Construction loans for residential and commercial properties
    • Overdraft lines of credit
    • Personal loans
  • Investment Activities: Engages in various investment activities
KRNY
Kearny Financial Corp-MD (KRNY)

When did it IPO

2005

Staff Count

552

Country

United States

Sector/Industry

Financial Services/Banksโ€”Regional

CEO

Mr. Craig L. Montanaro

Market Cap

$440.4M

Kearny Financial Corp-MD (KRNY) Financial Data

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

N/A

Revenue From 2021

$206.2M

0.00 %
From Previous Year

Revenue From 2022

$210.5M

2.10 %
From Previous Year

Revenue From 2023

$178.6M

-15.16 %
From Previous Year
  • Revenue TTM $134.4M
  • Operating Margin TTM 23.5%
  • Gross profit TTM $0
  • Return on assets TTM -1.1%
  • Return on equity TTM -10.7%
  • Profit Margin -64.5%
  • Book Value Per Share 12.10%
  • Market capitalisation $440.4M
  • Revenue for 2021 $206.2M
  • Revenue for 2022 $210.5M
  • Revenue for 2023 $178.6M
  • EPS this year (TTM) $-1.39

Kearny Financial Corp-MD (KRNY) Latest News

News Image

Thu, 26 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Sun, 10 Sep 2023

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 27 Jul 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Thu, 22 Jun 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Thu, 27 Apr 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Thu, 26 Jan 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

...

KRNY Frequently asked questions

The highest forecasted price for KRNY is $7.5 from at .

The lowest forecasted price for KRNY is $7 from Christopher O'Connell from Keefe, Bruyette & Woods

The KRNY analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 1 sell ratings.