Within its last year performance, KRNY fell by -24.72%, with highs and lows ranging from $9.46 to $5.78, whereas the simple moving average fell by -17.74% in the last 200 days.
On December 08, 2022, Compass Point Upgraded Kearny Financial Corp. (NASDAQ: KRNY) to Buy. A report published by Compass Point on October 28, 2022, Downgraded its rating to ‘Neutral’ for KRNY. Piper Sandler also Downgraded KRNY shares as ‘Neutral’, setting a target price of $14 on the company’s shares in a report dated January 06, 2022. Piper Sandler January 31, 2020d its ‘Overweight’ rating to ‘Neutral’ for KRNY, as published in its report on January 31, 2020. Keefe Bruyette’s report from April 04, 2019 suggests a price prediction of $12.50 for KRNY shares, giving the stock a ‘Mkt Perform’ rating. Keefe Bruyette also rated the stock as ‘Underperform’.
Analysis of Kearny Financial Corp. (KRNY)
It’s important to note that KRNY shareholders are currently getting $0.44 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 4.14%, showing a positive trend in the upcoming months.
Kearny Financial Corp.’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 2.13% is sufficient for you to turn a profit off your investment.
For any stock, average volume can be an extremely valuable indicator of volatility, and KRNY is registering an average volume of 451.61K. On a monthly basis, the volatility of the stock is set at 3.73%, whereas on a weekly basis, it is put at 3.65%, with a loss of -2.72% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.88, showing growth from the present price of $6.09, which can serve as yet another indication of whether KRNY is worth investing in or should be passed over.
How Do You Analyze Kearny Financial Corp. Shares?
A giant in the Banks – Regional market, Kearny Financial Corp. (KRNY) is based in the USA. When comparing Kearny Financial Corp. shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 21.60, there is a growth in quarterly earnings of -840.00%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 12.10%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 64.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KRNY shares are owned by institutional investors to the tune of 64.04% at present.
