Kearny Financial Corp. (NASDAQ: KRNY) is -24.75% lower on its value in year-to-date trading and has touched a low of $5.28 and a high of $9.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KRNY stock was last observed hovering at around $7.02 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $6.75, the stock is 12.45% and 16.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -3.85% at the moment leaves the stock -0.55% off its SMA200. KRNY registered -11.76% loss for a year compared to 6-month loss of -14.77%.
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The stock witnessed a 21.84% gain in the last 1 month and extending the period to 3 months gives it a 21.84%, and is 5.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.16% over the week and 3.75% over the month.
Kearny Financial Corp. (KRNY) has around 556 employees, a market worth around $434.97M and $321.44M in sales. Current P/E ratio is 27.93 and Fwd P/E is 13.64. Profit margin for the company is 4.80%. Distance from 52-week low is 27.96% and -28.65% from its 52-week high. The company has generated returns on investments over the last 12 months (1.43%).
Kearny Financial Corp. quarterly earnings per share for the current quarter are estimated at $0.09 with sales reaching $33.51M over the same period.The EPS is expected to shrink by -53.17% this year, but quarterly earnings will post -19.20% year-over-year. Quarterly sales are estimated to shrink -16.60% in year-over-year returns.
The shares outstanding are 63.51M, and float is at 56.60M with Short Float at 1.70%.
Kearny Financial Corp. (KRNY) Insider Activity
The most recent transaction is an insider purchase by Wong-Zaza Melvina, the company’s Director. SEC filings show that Wong-Zaza Melvina bought 8,340 shares of the company’s common stock on May 21 ’24 at a price of $5.95 per share for a total of $49623.0. Following the purchase, the insider now owns 14935.0 shares.
Kearny Financial Corp. disclosed in a document filed with the SEC on May 13 ’24 that Pivirotto Charles J (Director) bought a total of 5,160 shares of the company’s common stock. The trade occurred on May 13 ’24 and was made at $5.76 per share for $29739.0. Following the transaction, the insider now directly holds 59573.0 shares of the KRNY stock.
Still, SEC filings show that on Mar 18 ’24, Suchodolski Keith (SEVP and CFO) acquired 2,000 shares at an average price of $5.87 for $11740.0. The insider now directly holds 82,648 shares of Kearny Financial Corp. (KRNY).
