Keefe, Bruyette & Woods Predicts KRNY Q4 Earnings

Kearny Financial (NASDAQ:KRNY) – Analysts at Keefe, Bruyette & Woods issued their Q4 2026 earnings estimates for Kearny Financial in a report released on Wednesday, July 15th. Keefe, Bruyette & Woods analyst C. O’connell anticipates 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.

Several other equities research analysts have also weighed in on KRNY. Weiss Ratings lowered Kearny Financial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Zacks Research upgraded Kearny Financial to a “hold” rating in a report on Monday, April 27th. Finally, Piper Sandler raised their price objective on Kearny Financial from $9.50 to $10.50 and gave the company an “overweight” rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.50.

Kearny Financial Stock Up 1.0%

KRNY stock opened at $9.47 on Thursday. Kearny Financial has a fifty-two week low of $5.76 and a fifty-two week high of $9.66. The company has a market capitalization of $613.09 million, a price-to-earnings ratio of 16.61 and a beta of 0.64. The business’s 50 day moving average price is $8.61 and its two-hundred day moving average price is $8.06. 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 released its quarterly earnings results on Thursday, April 23rd. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.15. Kearny Financial had a net margin of 10.39% and a return on equity of 4.61%. The company had revenue of $44.31 million during the quarter, compared to the consensus estimate of $43.67 million.

Kearny Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, May 6th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, May 6th. Kearny Financial’s payout ratio is currently 77.19%.

Insider Activity at Kearny Financial

In related news, Director Curtland E. Fields acquired 3,600 shares of the stock in a transaction on Thursday, June 18th. The stock was acquired at an average price of $8.41 per share, for a total transaction of $30,276.00. Following the completion of the purchase, the director owned 43,200 shares of the company’s stock, valued at $363,312. This represents a 9.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Melvina Wong-Zaza bought 3,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was bought at an average cost of $8.57 per share, for a total transaction of $29,995.00. Following the completion of the acquisition, the director directly owned 33,910 shares of the company’s stock, valued at approximately $290,608.70. This represents a 11.51% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 24,800 shares of company stock worth $211,196 in the last 90 days. 7.44% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kearny Financial

Several large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in Kearny Financial by 103.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,448 shares of the savings and loans company’s stock valued at $26,000 after purchasing an additional 1,753 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Kearny Financial by 11,688.6% in the second quarter. Osaic Holdings Inc. now owns 4,126 shares of the savings and loans company’s stock worth $27,000 after buying an additional 4,091 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Kearny Financial by 35.6% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 6,118 shares of the savings and loans company’s stock worth $45,000 after buying an additional 1,605 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Kearny Financial by 119.5% in the first quarter. Parallel Advisors LLC now owns 7,248 shares of the savings and loans company’s stock worth $55,000 after buying an additional 3,946 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in shares of Kearny Financial by 59.4% in the fourth quarter. New York State Common Retirement Fund now owns 8,585 shares of the savings and loans company’s stock worth $64,000 after buying an additional 3,200 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

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.