Kearny Financial Corp. (KRNY) Hits New 52-Week High at $13.75
Shares of Kearny Financial Corp. (NASDAQ:KRNY) reached a new 52-week high on Monday . The company traded as high as $13.75 and last traded at $13.71, with a volume of 156,099 shares trading hands. The stock had previously closed at $13.62.
The firm’s 50 day moving average price is $13.23 and its 200-day moving average price is $12.75. The firm has a market cap of $1.22 billion and a price-to-earnings ratio of 77.06.
Kearny Financial Corp. (NASDAQ:KRNY) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. Equities analysts expect that Kearny Financial Corp. will post $0.21 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Shareholders of record on Wednesday, August 31st will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Monday, August 29th.
In other news, Director John F. Mcgovern purchased 3,300 shares of the business’s stock in a transaction on Thursday, August 11th. The stock was purchased at an average price 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 in the company, valued at approximately $2,589,596.37. The purchase was disclosed in a document filed with the SEC, which can be accessed 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.
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