Media coverage about Kearny Financial (NASDAQ:KRNY) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kearny Financial earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the savings and loans company an impact score of 49.2792019384362 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
KRNY has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “sell” rating and set a $13.50 price objective on shares of Kearny Financial in a research report on Friday, February 2nd. BidaskClub raised Kearny Financial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 31st.
Kearny Financial (NASDAQ KRNY) traded down $0.20 during trading on Wednesday, hitting $13.25. The company had a trading volume of 169,441 shares, compared to its average volume of 334,170. Kearny Financial has a 12 month low of $12.75 and a 12 month high of $15.62. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $1,060.00, a PE ratio of 73.61 and a beta of 0.52.
Kearny Financial (NASDAQ:KRNY) last posted its earnings results on Tuesday, January 30th. The savings and loans company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. Kearny Financial had a return on equity of 1.80% and a net margin of 9.40%. The company had revenue of $30.10 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 7th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend is Tuesday, March 6th. Kearny Financial’s dividend payout ratio is 66.67%.
In other Kearny Financial news, Director Theodore J. Aanensen sold 3,500 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $14.49, for a total value of $50,715.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders sold 6,000 shares of company stock worth $87,280. 3.78% of the stock is owned by corporate insiders.
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About Kearny Financial
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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