Kearny Financial Corp. (KRNY) Sets New 12-Month High at $13.59
Kearny Financial Corp. (NASDAQ:KRNY) shares hit a new 52-week high during trading on Monday . The company traded as high as $13.59 and last traded at $13.56, with a volume of 209,655 shares trading hands. The stock had previously closed at $13.54.
The company has a market cap of $1.21 billion and a PE ratio of 76.72. The company’s 50-day moving average price is $13.06 and its 200 day moving average price is $12.64.
Kearny Financial Corp. (NASDAQ:KRNY) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.05. On average, analysts anticipate that Kearny Financial Corp. will post $0.21 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Wednesday, August 31st will be given a $0.02 dividend. The ex-dividend date of this dividend is Monday, August 29th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.59%.
In other news, Director John F. Mcgovern purchased 3,300 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The shares were acquired at an average cost of $13.29 per share, for a total transaction of $43,857.00. Following the transaction, the director now directly owns 194,853 shares of the company’s stock, valued at approximately $2,589,596.37. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
An institutional investor recently raised its position in Kearny Financial Corp. stock. First Trust Advisors LP boosted its position in shares of Kearny Financial Corp. (NASDAQ:KRNY) by 93.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,462 shares of the company’s stock after buying an additional 54,851 shares during the period. First Trust Advisors LP owned 0.13% of Kearny Financial Corp. worth $1,438,000 as of its most recent filing with the SEC.
Kearny Bank is principally engaged in the business of attracting deposits from the general public at its 41 locations in New Jersey and using these deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. Loans originated or purchased by the Bank generally include loans collateralized by residential and commercial real estate augmented by secured and unsecured loans to businesses and consumers.
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