Analysts Set Expectations for KRNY Q4 Earnings

Kearny Financial (NASDAQ:KRNY) – Equities research analysts at Keefe, Bruyette & Woods issued their Q4 2026 earnings estimates for Kearny Financial in a research report issued on Wednesday, July 15th. Keefe, Bruyette & Woods analyst C. O’connell forecasts that the savings and loans company will post earnings of $0.17 per share for the quarter. The consensus estimate for Kearny Financial’s current full-year earnings is $0.61 per share.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Kearny Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Zacks Research raised Kearny Financial to a “hold” rating in a report on Monday, April 27th. Finally, Piper Sandler boosted their price objective on Kearny Financial from $9.50 to $10.50 and gave the company an “overweight” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.50.

Kearny Financial Price Performance

KRNY opened at $9.50 on Thursday. The company has a 50-day moving average of $8.67 and a 200-day moving average of $8.09. The company has a market capitalization of $615.03 million, a P/E ratio of 16.67 and a beta of 0.64. Kearny Financial has a 1-year low of $5.76 and a 1-year high of $9.76. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.03 and a current ratio of 1.03.

Kearny Financial (NASDAQ:KRNY) last posted its quarterly earnings results on Thursday, April 23rd. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. Kearny Financial had a net margin of 10.39% and a return on equity of 4.61%. The firm had revenue of $44.31 million for the quarter, compared to analysts’ expectations of $43.67 million.

Hedge Funds Weigh In On Kearny Financial

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Kearny Financial by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,348,893 shares of the savings and loans company’s stock worth $22,002,000 after purchasing an additional 133,683 shares during the last quarter. AQR Capital Management LLC grew its stake in Kearny Financial by 36.4% during the 4th quarter. AQR Capital Management LLC now owns 2,023,294 shares of the savings and loans company’s stock worth $14,993,000 after buying an additional 539,811 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its stake in Kearny Financial by 488.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,612,987 shares of the savings and loans company’s stock worth $11,952,000 after buying an additional 1,339,062 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Kearny Financial by 6.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,437,222 shares of the savings and loans company’s stock worth $10,851,000 after buying an additional 81,050 shares during the last quarter. Finally, Invesco Ltd. increased its position in Kearny Financial by 2.3% in the second quarter. Invesco Ltd. now owns 1,206,855 shares of the savings and loans company’s stock worth $7,796,000 after buying an additional 27,460 shares during the period. 71.01% of the stock is owned by institutional investors.

Insider Buying and Selling at Kearny Financial

In other Kearny Financial news, Director Melvina Wong-Zaza bought 3,500 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of $8.57 per share, with a total value of $29,995.00. Following the completion of the acquisition, the director owned 33,910 shares of the company’s stock, valued at approximately $290,608.70. This trade represents a 11.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Curtland E. Fields acquired 3,600 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were acquired at an average cost of $8.41 per share, with a total value of $30,276.00. Following the transaction, the director owned 43,200 shares in the company, valued at approximately $363,312. The trade was a 9.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 24,800 shares of company stock valued at $211,196. 7.44% of the stock is owned by insiders.

Kearny Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, May 6th were paid a dividend of $0.11 per share. The ex-dividend date was Wednesday, May 6th. This represents a $0.44 annualized dividend and a yield of 4.6%. Kearny Financial’s payout ratio is presently 77.19%.

Kearny Financial Company Profile

Kearny Financial, Inc was the bank holding company for Kearny Bank, a New Jersey–based community bank offering a full suite of commercial and consumer banking services. Through its subsidiary, the company provided deposit products, lending facilities and electronic banking solutions to individuals, small businesses and middle-market corporations.

The company’s core products included checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, equipment financing, home equity lines of credit and consumer installment loans.