Kearny Financial Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 151/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 7.25.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Kearny Financial Corp's Score
Industry at a Glance
Industry Ranking
151 / 403
Overall Ranking
217 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
7.250
Target Price
-1.09%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Kearny Financial Corp Highlights
StrengthsRisks
Kearny Financial Corp. is a holding company for Kearny Bank (the Bank). The Bank is a New Jersey-chartered savings bank. The Bank is principally engaged in the business of attracting deposits from the general public and using these deposits, together with other funds, to originate or purchase loans for its portfolio and for sale on the secondary market. Its loan portfolio is comprised of multi-family mortgage loans, non-residential mortgage loans, commercial business loans, construction loans, one-to-four-family residential mortgage loans, home equity loans and other consumer loans. The Company also maintains a portfolio of investment securities, primarily comprised of the United States agency mortgage-backed securities, obligations of state and political subdivisions, corporate bonds, asset-backed securities, and collateralized loan obligations. The Bank has a total of 43 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 106.07%.
Overvalued
The company’s latest PB is 0.65, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.04M shares, decreasing 3.02% quarter-over-quarter.
Kearny Financial Corp. is a holding company for Kearny Bank (the Bank). The Bank is a New Jersey-chartered savings bank. The Bank is principally engaged in the business of attracting deposits from the general public and using these deposits, together with other funds, to originate or purchase loans for its portfolio and for sale on the secondary market. Its loan portfolio is comprised of multi-family mortgage loans, non-residential mortgage loans, commercial business loans, construction loans, one-to-four-family residential mortgage loans, home equity loans and other consumer loans. The Company also maintains a portfolio of investment securities, primarily comprised of the United States agency mortgage-backed securities, obligations of state and political subdivisions, corporate bonds, asset-backed securities, and collateralized loan obligations. The Bank has a total of 43 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York.
Ticker SymbolKRNY
CompanyKearny Financial Corp
CEOMontanaro (Craig L)
Websitehttps://kearny.q4ir.com/
FAQs
What is the current price of Kearny Financial Corp (KRNY)?
The current price of Kearny Financial Corp (KRNY) is 7.580.
What is the symbol of Kearny Financial Corp?
The ticker symbol of Kearny Financial Corp is KRNY.
What is the 52-week high of Kearny Financial Corp?
The 52-week high of Kearny Financial Corp is 7.950.
What is the 52-week low of Kearny Financial Corp?
The 52-week low of Kearny Financial Corp is 5.445.
What is the market capitalization of Kearny Financial Corp?
The market capitalization of Kearny Financial Corp is 490.72M.
What is the net income of Kearny Financial Corp?
The net income of Kearny Financial Corp is 26.07M.
Is Kearny Financial Corp (KRNY) currently rated as Buy, Hold, or Sell?
According to analysts, Kearny Financial Corp (KRNY) has an overall rating of Buy, with a price target of 7.250.
What is the Earnings Per Share (EPS TTM) of Kearny Financial Corp (KRNY)?
The Earnings Per Share (EPS TTM) of Kearny Financial Corp (KRNY) is 0.471.