Kearny Financial (NASDAQ:KRNY) is set to post its quarterly earnings results after the market closes on Monday, January 29th. Analysts expect Kearny Financial to post earnings of $0.06 per share for the quarter.
Kearny Financial (NASDAQ:KRNY) last issued its earnings results on Monday, October 30th. The savings and loans company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. The company had revenue of $29.90 million during the quarter. Kearny Financial had a return on equity of 1.79% and a net margin of 12.31%.
Shares of Kearny Financial (KRNY) opened at $14.10 on Monday. The firm has a market capitalization of $1,142.35, a PE ratio of 61.30 and a beta of 0.57. Kearny Financial has a fifty-two week low of $13.30 and a fifty-two week high of $15.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80.
Several equities research analysts recently weighed in on the company. BidaskClub cut Kearny Financial from a “sell” rating to a “strong sell” rating in a report on Friday. Keefe, Bruyette & Woods reiterated a “sell” rating and issued a $14.00 price objective on shares of Kearny Financial in a report on Friday, December 22nd.
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About Kearny Financial
Kearny Bank is principally engaged in the business of attracting deposits from the general public at its 41 locations in New Jersey and using these deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. Loans originated or purchased by the Bank generally include loans collateralized by residential and commercial real estate augmented by secured and unsecured loans to businesses and consumers.
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