Kearny Financial (NASDAQ:KRNY - Get Free Report) posted its quarterly earnings data on Thursday. The savings and loans company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02), Zacks reports. Kearny Financial had a negative net margin of 20.05% and a positive return on equity of 3.27%.
Kearny Financial Stock Performance
KRNY traded down $0.07 on Monday, hitting $6.83. 309,588 shares of the company's stock were exchanged, compared to its average volume of 320,666. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.99. The stock has a fifty day moving average of $7.44 and a two-hundred day moving average of $7.14. Kearny Financial has a twelve month low of $5.28 and a twelve month high of $8.59. The firm has a market cap of $441.08 million, a PE ratio of -6.04 and a beta of 0.81.
Kearny Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 6.44%. The ex-dividend date is Wednesday, February 12th. Kearny Financial's dividend payout ratio (DPR) is presently -38.94%.
Wall Street Analyst Weigh In
KRNY has been the subject of a number of analyst reports. Piper Sandler raised Kearny Financial from a "neutral" rating to an "overweight" rating and reduced their price target for the company from $9.00 to $8.50 in a report on Monday, January 6th. StockNews.com upgraded Kearny Financial from a "sell" rating to a "hold" rating in a research note on Monday, October 28th.
Read Our Latest Stock Report on Kearny Financial
About Kearny Financial
(
Get Free Report)
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.
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