Kearny Financial Corp. (KRNY) Sets New 12-Month High at $13.59
Shares of Kearny Financial Corp. (NASDAQ:KRNY) reached a new 52-week high on Monday . The company traded as high as $13.59 and last traded at $13.56, with a volume of 209,655 shares traded. The stock had previously closed at $13.54.
The company has a market capitalization of $1.22 billion and a P/E ratio of 76.95. The firm has a 50 day moving average price of $13.10 and a 200-day moving average price of $12.68.
Kearny Financial Corp. (NASDAQ:KRNY) last released its earnings results on Thursday, August 4th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. Equities analysts predict that Kearny Financial Corp. will post $0.21 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 14th. Shareholders 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 yield of 0.59%.
In related news, Director John F. Mcgovern acquired 3,300 shares of the business’s stock in a transaction dated Thursday, August 11th. The stock was bought at an average price of $13.29 per share, for a total transaction of $43,857.00. Following the transaction, the director now owns 194,853 shares of the company’s stock, valued at $2,589,596.37. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
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.