KRNY - Kearny Financial Corp-MD Stock Price, Fair Value and News

6.03USD+0.07 (+1.17%)Delayed

Market Summary

USD6.03+0.07

Delayed

1.17%

KRNY Stock Price

View Fullscreen

KRNY RSI Chart

KRNY Valuation

Market Cap

388.6M

Price/Earnings (Trailing)

25.19

Price/Sales (Trailing)

1.19

EV/EBITDA

1.81

Price/Free Cashflow

8.03

KRNY Price/Sales (Trailing)

KRNY Profitability

EBT Margin

7.87%

Return on Equity

1.82%

Return on Assets

0.2%

Free Cashflow Yield

12.45%

KRNY Fundamentals

KRNY Revenue

Revenue (TTM)

325.6M

Rev. Growth (Yr)

6.37%

Rev. Growth (Qtr)

-0.65%

KRNY Earnings

Earnings (TTM)

15.4M

Earnings Growth (Yr)

-28.27%

Earnings Growth (Qtr)

153.5%

Breaking Down KRNY Revenue

Last 7 days

5.4%

Last 30 days

9.6%

Last 90 days

-10.7%

Trailing 12 Months

-16.4%

How does KRNY drawdown profile look like?

KRNY Financial Health

KRNY Investor Care

Dividend Yield

7.3%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

2.49%

Diluted EPS (TTM)

0.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	325.6M	0	0	0
2023	272.6M	293.7M	310.5M	320.7M
2022	224.5M	226.3M	233.5M	250.0M
2021	237.8M	237.2M	232.9M	229.1M
2020	235.3M	233.2M	234.8M	237.4M
2019	235.1M	237.3M	239.0M	236.2M
2018	151.1M	171.4M	192.0M	214.0M
2017	134.9M	139.1M	143.9M	147.6M
2016	121.7M	126.9M	130.3M	132.8M
2015	103.1M	106.0M	109.8M	115.7M
2014	92.8M	95.8M	98.2M	100.2M
2013	90.8M	88.3M	88.4M	90.5M
2012	0	98.5M	96.0M	93.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Kearny Financial Corp-MD

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	bilotta anthony v jr	bought	11,699	5.8499	2,000	evp and chief banking officer
Mar 18, 2024	suchodolski keith	bought	11,740	5.87	2,000	sevp and cfo
Mar 14, 2024	joyce patrick m	sold	-21,597	6.17067	-3,500	evp and clo
Feb 14, 2024	wong-zaza melvina	bought	25,514	6.46758	3,945	-
Feb 08, 2024	petermann christopher	bought	61,370	6.13701	10,000	-
Jan 07, 2024	suchodolski keith	sold (taxes)	-47,774	8.68	-5,504	sevp and cfo
Jan 07, 2024	suchodolski keith	acquired	-	-	6,300	sevp and cfo
Jan 07, 2024	demedici thomas	acquired	-	-	5,000	evp and cco
Jan 07, 2024	demedici thomas	sold (taxes)	-24,052	8.68	-2,771	evp and cco
Nov 01, 2023	wong-zaza melvina	bought	11,152	6.97	1,600	-

Which funds bought or sold KRNY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Brevan Howard Capital Management LP	new	-	106,865	106,865	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	new	-	39,400	39,400	0.01%
May 15, 2024	Schonfeld Strategic Advisors LLC	reduced	-10.92	-38,479	68,264	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	67.13	9,322	55,958	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	300	1,374,190	2,106,170	-%
May 15, 2024	OXFORD ASSET MANAGEMENT LLP	new	-	146,420	146,420	0.18%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	71.15	364,955	1,960,210	-%
May 15, 2024	Mariner, LLC	new	-	66,821	66,821	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	reduced	-69.16	-403,012	114,593	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	added	18.23	-250,706	1,407,620	-%

Are Funds Buying or Selling KRNY?

Are funds buying KRNY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KRNY

No. of Funds

Unveiling Kearny Financial Corp-MD's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	10.0%	6,452,596	SC 13G
Feb 13, 2024	renaissance technologies llc	5.10%	3,286,513	SC 13G/A
Feb 13, 2024	vanguard group inc	8.76%	5,656,240	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.0%	4,533,261	SC 13G/A
Feb 06, 2024	kearny financial corp.	7.4%	4,771,694	SC 13G/A
Jan 26, 2024	blackrock inc.	7.9%	5,080,975	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	10.0%	6,747,497	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	0.1%	65,579	SC 13G/A
Feb 13, 2023	renaissance technologies llc	5.33%	3,599,013	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.5%	5,713,352	SC 13G/A

Recent SEC filings of Kearny Financial Corp-MD

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading
Mar 14, 2024	144	Notice of Insider Sale Intent
Feb 15, 2024	4	Insider Trading
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Kearny Financial Corp-MD)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

Kearny Financial Corp-MD News

Latest updates

Kearny Financial Corp-MD Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.7%	82.00	83.00	81.00	80.00	77.00	72.00	64.00	59.00	55.00	56.00	57.00	57.00	59.00	60.00	62.00	57.00	59.00	57.00	60.00	59.00	60.00
EBITDA Margin	-7.9%	0.54*	0.58*	0.70*	0.80*	0.90*	1.04*	1.24*	1.30*	1.35*	1.31*	1.27*	1.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.2%	34.00	36.00	39.00	40.00	42.00	45.00	49.00	51.00	48.00	49.00	50.00	48.00	48.00	46.00	45.00	40.00	38.00	35.00	37.00	37.00	39.00
Income Taxes	-3.6%	2.00	2.00	3.00	3.00	3.00	0.00	5.00	4.00	7.00	7.00	7.00	7.00	6.00	6.00	3.00	5.00	0.00	4.00	4.00	2.00	4.00
Earnings Before Taxes	175.7%	9.00	-12.04	13.00	15.00	13.00	2.00	22.00	16.00	24.00	26.00	27.00	26.00	22.00	23.00	14.00	18.00	9.00	14.00	15.00	11.00	16.00
EBT Margin	-15.1%	0.08*	0.09*	0.14*	0.18*	0.19*	0.25*	0.37*	0.41*	0.46*	0.44*	0.42*	0.36*	-	-	-	-	-	-	-	-	-
Net Income	153.5%	7.00	-13.83	10.00	12.00	10.00	2.00	17.00	11.00	18.00	19.00	20.00	18.00	16.00	17.00	11.00	14.00	9.00	11.00	11.00	9.00	11.00
Net Income Margin	-17.2%	0.05*	0.06*	0.11*	0.14*	0.15*	0.19*	0.28*	0.30*	0.33*	0.32*	0.31*	0.27*	-	-	-	-	-	-	-	-	-
Free Cashflow	156.0%	18.00	7.00	12.00	12.00	21.00	16.00	20.00	23.00	30.00	21.00	5.00	15.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	7,842	7,898	7,975	8,065	8,349	8,289	7,890	7,720	7,390	7,186	7,184	7,284	7,358	7,335	7,310	6,758	6,774	6,610	6,641	6,635	6,659
Cash Equivalents	-3.8%	71.00	74.00	57.00	71.00	195	76.00	96.00	102	62.00	60.00	54.00	68.00	109	130	146	181	59.00	42.00	129	39.00	54.00
Net PPE	-1.9%	45.00	46.00	47.00	48.00	50.00	51.00	53.00	53.00	54.00	54.00	55.00	56.00	60.00	61.00	62.00	57.00	59.00	57.00	57.00	57.00	58.00
Goodwill	0%	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211	211
Liabilities	-0.8%	6,993	7,050	7,125	7,196	7,483	7,417	7,015	6,826	6,435	6,191	6,169	6,241	6,294	6,243	6,186	5,674	5,704	5,516	5,530	5,508	5,501
Shareholder's Equity	0.1%	849	848	850	869	866	873	875	894	955	995	1,014	1,043	1,064	1,092	1,124	1,084	1,070	1,095	1,111	1,127	1,158
Retained Earnings	0.1%	440	440	460	458	453	449	455	445	442	432	421	408	398	388	378	388	381	378	373	367	363
Additional Paid-In Capital	0.0%	493	493	497	503	509	515	520	528	561	587	617	654	691	724	769	723	721	738	758	787	818
Shares Outstanding	0.0%	64.00	64.00	65.00	66.00	67.00	65.00	66.00	69.00	70.00	72.00	75.00	82.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	628	-	-	-	867	-	-	-	816	-	-	-	1,070	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	156.0%	17,567	6,862	12,284	11,648	21,844	15,352	20,705	24,146	30,636	21,105	5,414	17,694	26,903	24,684	6,136	-10,292	4,877	13,791	10,948	-22.00	14,363
Share Based Compensation	-65.1%	447	1,280	1,283	902	1,296	1,313	1,362	1,278	1,342	1,682	2,038	2,026	1,953	1,904	1,859	1,893	2,071	2,174	2,095	2,166	2,230
Cashflow From Investing	-56.8%	41,490	96,058	64,730	157,285	49,535	-418,842	-205,896	-327,380	-233,886	-384	81,699	55,673	-67,244	-47,031	-25,369	171,881	-135,232	-58,539	107,357	16,693	46,201
Cashflow From Financing	28.3%	-61,890	-86,279	-90,310	-292,986	47,529	383,074	179,652	342,470	205,177	-14,339	-100,898	-114,503	19,638	6,223	-15,916	-40,074	148,011	-42,761	-27,935	-31,896	-57,887
Dividend Payments	1.2%	6,891	6,812	7,010	6,976	7,173	7,107	7,243	7,402	7,706	8,229	7,356	7,667	7,188	6,916	6,877	6,397	6,428	6,110	5,186	5,343	5,477
Buy Backs	-100.0%	-	4,773	6,467	6,428	6,692	5,745	8,693	33,553	26,969	30,002	38,996	38,454	34,863	45,704	-	-	17,528	21,672	30,582	32,211	32,388

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

KRNY Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Interest Income
Loans	$ 64,035	$ 60,172	$ 190,188	$ 171,103
Taxable investment securities	15,490	15,459	48,511	39,119
Tax-exempt investment securities	85	99	256	603
Other interest-earning assets	2,475	1,441	6,923	3,207
Total Interest Income	82,085	77,171	245,878	214,032
Interest Expense
Deposits	32,320	22,246	90,227	51,937
Borrowings	15,446	12,554	46,333	26,410
Total Interest Expense	47,766	34,800	136,560	78,347
Net Interest Income	34,319	42,371	109,318	135,685
Provision for credit losses	349	451	2,699	2,792
Net Interest Income after Provision for Credit Losses	33,970	41,920	106,619	132,893
Non-Interest Income
Fees and service charges	657	910	2,029	2,407
Loss on sale and call of securities	0	0	(18,135)	(15,227)
Loss on sale of loans	(712)	(2,373)	(393)	(1,844)
Loss on write down of other real estate owned	0	0	(974)	0
Income from bank owned life insurance	3,039	1,581	5,867	7,040
Electronic banking fees and charges	464	457	1,227	1,360
Other income	755	1,071	2,580	5,349
Total Non-Interest Income	4,203	1,646	(7,799)	(915)
Non-Interest Expense
Salaries and employee benefits	16,911	18,005	51,954	58,274
Net occupancy expense of premises	2,863	3,097	8,295	9,174
Equipment and systems	3,823	3,537	11,438	11,066
Advertising and marketing	387	413	916	1,891
Federal deposit insurance premium	1,429	1,546	4,448	3,678
Directors' compensation	360	340	1,146	1,019
Other expense	3,286	3,414	10,403	9,888
Total Non-Interest Expense	29,059	30,352	88,600	94,990
Income before Income Taxes	9,114	13,214	10,220	36,988
Income tax expense	1,717	2,902	6,808	8,190
Net Income	$ 7,397	$ 10,312	$ 3,412	$ 28,798
Net Income per Common Share (EPS)
Basic (in dollars per share)	$ 0.12	$ 0.16	$ 0.06	$ 0.44
Diluted (in dollars per share)	$ 0.12	$ 0.16	$ 0.06	$ 0.44
Weighted Average Number of Common Shares Outstanding
Basic (in shares)	62,205	64,769	62,507	65,181
Diluted (in shares)	62,211	64,783	62,507	65,191

About Kearny Financial Corp-MD

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. Kearny Financial Corp. was founded in 1884 and is headquartered in Fairfield, New Jersey.

CEO	Mr. Craig L. Montanaro
WEBSITE	kearnybank.com
INDUSTRY	Banks Diversified
EMPLOYEES	556

Kearny Financial Corp-MD Frequently Asked Questions

What is the ticker symbol for Kearny Financial Corp-MD? What does KRNY stand for in stocks?

KRNY is the stock ticker symbol of Kearny Financial Corp-MD. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kearny Financial Corp-MD (KRNY)?

As of Thu May 16 2024, market cap of Kearny Financial Corp-MD is 388.56 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KRNY stock?

You can check KRNY's fair value in chart for subscribers.

What is the fair value of KRNY stock?

You can check KRNY's fair value in chart for subscribers. The fair value of Kearny Financial Corp-MD is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kearny Financial Corp-MD is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KRNY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kearny Financial Corp-MD a good stock to buy?

The fair value guage provides a quick view whether KRNY is over valued or under valued. Whether Kearny Financial Corp-MD is cheap or expensive depends on the assumptions which impact Kearny Financial Corp-MD's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KRNY.

What is Kearny Financial Corp-MD's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, KRNY's PE ratio (Price to Earnings) is 25.19 and Price to Sales (PS) ratio is 1.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KRNY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Kearny Financial Corp-MD's stock?

In the past 10 years, Kearny Financial Corp-MD has provided -0.031 (multiply by 100 for percentage) rate of return.