Kearny Financial (KRNY) Stock Rating Lowered by BidaskClub
Kearny Financial (NASDAQ:KRNY) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Friday.
Shares of KRNY opened at $13.65 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market cap of $1.43 billion, a P/E ratio of 42.27 and a beta of 0.64. Kearny Financial has a 12 month low of $12.75 and a 12 month high of $15.60.
In other Kearny Financial news, Director John F. Mcgovern purchased 11,000 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The stock was bought at an average cost of $13.70 per share, with a total value of $150,700.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Craig Montanaro sold 7,000 shares of the stock in a transaction that occurred on Tuesday, June 12th. The shares were sold at an average price of $14.15, for a total value of $99,050.00. The disclosure for this sale can be found here. Company insiders own 3.78% of the company’s stock.
Kearny Financial Company Profile
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.
Featured Article: Diversification Important in Investing
Receive News & Ratings for Kearny Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kearny Financial and related companies with MarketBeat.com's FREE daily email newsletter.