Kearny Financial Corp. (NASDAQ:KRNY) has been given an average broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company. Kearny Financial’s rating score has improved by 33.3% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a twelve-month consensus price objective of $14.00 for the company, according to Zacks. Zacks has also assigned Kearny Financial an industry rank of 86 out of 255 based on the ratings given to its competitors.

Separately, BidaskClub cut Kearny Financial from a “sell” rating to a “strong sell” rating in a report on Friday, December 27th.

Shares of NASDAQ:KRNY remained flat at $$13.14 during trading on Monday. The stock had a trading volume of 161,597 shares, compared to its average volume of 243,187. Kearny Financial has a fifty-two week low of $12.02 and a fifty-two week high of $14.40. The company has a current ratio of 1.13, a quick ratio of 1.12 and a debt-to-equity ratio of 1.15. The firm has a market cap of $1.13 billion, a P/E ratio of 27.38 and a beta of 0.41. The firm has a 50 day simple moving average of $13.62 and a 200-day simple moving average of $13.45.

Kearny Financial (NASDAQ:KRNY) last released its quarterly earnings data on Wednesday, October 30th. The savings and loans company reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.04. Kearny Financial had a return on equity of 3.81% and a net margin of 16.72%. The business had revenue of $40.65 million for the quarter. Equities analysts forecast that Kearny Financial will post 0.54 EPS for the current year.

In other news, EVP Timothy A. Swansson sold 2,800 shares of Kearny Financial stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $14.17, for a total transaction of $39,676.00. Insiders own 4.57% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of Montreal Can lifted its stake in Kearny Financial by 2,805.6% in the 2nd quarter. Bank of Montreal Can now owns 7,264 shares of the savings and loans company’s stock valued at $96,000 after acquiring an additional 7,014 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Kearny Financial in the 2nd quarter valued at approximately $151,000. Paloma Partners Management Co lifted its stake in Kearny Financial by 10.4% in the 2nd quarter. Paloma Partners Management Co now owns 28,285 shares of the savings and loans company’s stock valued at $376,000 after acquiring an additional 2,674 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Kearny Financial by 13.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,113 shares of the savings and loans company’s stock valued at $408,000 after acquiring an additional 3,693 shares in the last quarter. Finally, Atria Investments LLC bought a new stake in Kearny Financial in the 2nd quarter valued at approximately $900,000. Hedge funds and other institutional investors own 65.20% of the company’s stock.

About Kearny Financial

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.

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