KRNY Stock Overview
Operates as the holding company for Kearny Bank that provides various banking products and services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Kearny Financial Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.42 |
| 52 Week High | US$9.42 |
| 52 Week Low | US$5.28 |
| Beta | 0.80 |
| 1 Month Change | -8.05% |
| 3 Month Change | 6.61% |
| 1 Year Change | -20.30% |
| 3 Year Change | -43.19% |
| 5 Year Change | -46.19% |
| Change since IPO | -10.07% |
Recent News & Updates
Recent updates
Dividend Dependability Vs. Low-Growth Realities At Kearny Financial
Nov 08Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11
May 05
Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11
Feb 01Kearny Financial (NASDAQ:KRNY) Is Due To Pay A Dividend Of $0.11
Aug 01Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11
Oct 30Kearny Financial Aggressively Buying Back Shares
Sep 30Kearny Financial authorizes 4M repurchase plan and completes 10% buyback
Aug 01Kearny Financial Continuing To Do What It Does Best
Jul 03Kearny Financial's Share Buybacks Improve Dividend Coverage
Mar 16Check Out Kearny Financial With Its Rising Dividends And Aggressive Share Repurchase
Dec 21Kearny Financial Corp.'s (NASDAQ:KRNY) CEO Compensation Looks Acceptable To Us And Here's Why
Oct 22Kearny Financial's Latest Buyback Could Boost Share Price
Oct 03Shareholder Returns
| KRNY | US Banks | US Market | |
|---|---|---|---|
| 7D | -7.6% | -5.5% | -3.5% |
| 1Y | -20.3% | 27.2% | 22.1% |
Return vs Industry: KRNY underperformed the US Banks industry which returned 27.2% over the past year.
Return vs Market: KRNY underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| KRNY volatility | |
|---|---|
| KRNY Average Weekly Movement | 6.6% |
| Banks Industry Average Movement | 5.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: KRNY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: KRNY's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1884 | 552 | Craig Montanaro | www.kearnybank.com |
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. It offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. The company 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.
Kearny Financial Corp. Fundamentals Summary
| KRNY fundamental statistics | |
|---|---|
| Market cap | US$463.54m |
| Earnings (TTM) | -US$90.42m |
| Revenue (TTM) | US$128.41m |
0.6x
P/B Ratio3.6x
P/S RatioIs KRNY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KRNY income statement (TTM) | |
|---|---|
| Revenue | US$128.41m |
| Cost of Revenue | US$0 |
| Gross Profit | US$128.41m |
| Other Expenses | US$218.83m |
| Earnings | -US$90.42m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.45 |
| Gross Margin | 100.00% |
| Net Profit Margin | -70.41% |
| Debt/Equity Ratio | 198.1% |
How did KRNY perform over the long term?
See historical performance and comparisonDividends
5.9%
Current Dividend Yield-30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kearny Financial Corp. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Christopher O'Connell | Keefe, Bruyette, & Woods |
| Brendan Nosal | Piper Sandler Companies |