Kearny Financial Corp. (KRNY) Reaches New 12-Month High at $13.75
Kearny Financial Corp. (NASDAQ:KRNY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.75 and last traded at $13.71, with a volume of 156,099 shares changing hands. The stock had previously closed at $13.62.
The stock’s 50-day moving average is $13.19 and its 200 day moving average is $12.71. The company has a market cap of $1.22 billion and a PE ratio of 77.34.
Kearny Financial Corp. (NASDAQ:KRNY) last announced its earnings results on Thursday, August 4th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. On average, equities analysts expect that Kearny Financial Corp. will post $0.21 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 14th. Stockholders of record on Wednesday, August 31st will be paid a dividend of $0.02 per share. The ex-dividend date is Monday, August 29th. This represents a $0.08 annualized dividend and a dividend yield of 0.59%.
In other Kearny Financial Corp. news, Director John F. Mcgovern bought 3,300 shares of the stock in a transaction dated Thursday, August 11th. The stock was bought at an average cost of $13.29 per share, for a total transaction of $43,857.00. Following the completion of the purchase, the director now directly owns 194,853 shares of the company’s stock, valued at $2,589,596.37. The acquisition was disclosed in a legal filing with the SEC, which is accessible 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.