Kearny Financial Corp. (KRNY)
Stock Price:
$9.37 USD
0.09 (0.97%)
Updated Oct 23, 2020 3:59 PM EDT - Market closed
Key Info
| Market Cap |
838.77M |
| Revenue (ttm) |
164.88M |
| Net Income (ttm) |
44.97M |
| Shares Out |
89.52M |
| EPS (ttm) |
0.55 |
| PE Ratio |
17.04 |
| Forward PE |
15.75 |
| Dividend |
$0.32 |
| Dividend Yield |
3.42% |
Stock Quote
| Trading Day |
Oct 23, 2020 |
| Last Price |
$9.37 |
| Previous Close |
$9.28 |
| Change ($) |
0.09 |
| Change (%) |
0.97% |
| Day's Open |
9.31 |
| Day's Range |
9.22 - 9.49 |
| Day's Volume |
279,330 |
| 52-Week Range |
6.91 - 14.40 |
More Stats
| Market Cap |
838.77M |
| Enterprise Value |
1.83B |
| Earnings Date (est) |
Oct 29, 2020 |
| Ex-Dividend Date |
Sep 1, 2020 |
| Shares Outstanding |
89.52M |
| Float |
81.52M |
| EPS (basic) |
0.55 |
| EPS (diluted) |
0.55 |
| FCF / Share |
0.17 |
| Dividend |
$0.32 |
| Dividend Yield |
3.42% |
| Earnings Yield |
5.87% |
| FCF Yield |
1.70% |
| Payout Ratio |
52.70% |
| Shares Short |
709,181 |
| Short Ratio |
1.90 |
| Short % of Float |
0.87% |
| Beta |
0.70 |
| PE Ratio |
17.04 |
| Forward PE |
15.75 |
| P/FCF Ratio |
58.84 |
| PS Ratio |
5.09 |
| PB Ratio |
0.66 |
| Revenue |
164.88M |
| Operating Income |
59.41M |
| Net Income |
44.97M |
| Free Cash Flow |
14.26M |
| Net Cash |
-992.20M |
| Net Cash / Share |
-11.08 |
| Gross Margin |
100.00% |
| Operating Margin |
36.03% |
| Profit Margin |
27.30% |
| FCF Margin |
8.65% |
| ROA |
0.67% |
| ROE |
4.07% |
| ROIC |
0.70% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (3)
| Buy |
2 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$10.00*
(6.72% upside)
Low
9.00
Current: $9.37
High
11.50
Target: 10.00
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Revenue | 165 | 165 | 132 | 109 | 95.02 | 82.44 | 78.56 | 78.18 | 66.58 | 68.38 |
| Revenue Growth | -0.26% | 25.38% | 21.47% | 14.23% | 15.26% | 4.94% | 0.49% | 17.43% | -2.64% | - |
| Gross Profit | 165 | 165 | 132 | 109 | 95.02 | 82.44 | 78.56 | 78.18 | 66.58 | 68.38 |
| Operating Income | 59.41 | 56.07 | 34.00 | 27.42 | 22.61 | 4.36 | 14.41 | 17.44 | 7.85 | 12.14 |
| Net Income | 44.97 | 42.14 | 19.60 | 18.60 | 15.82 | 5.63 | 10.19 | 6.51 | 5.08 | 7.85 |
| Shares Outstanding | 82.41 | 91.05 | 82.59 | 84.59 | 89.59 | 91.72 | 90.83 | 91.32 | 91.76 | 92.62 |
| Earnings Per Share | 0.55 | 0.46 | 0.24 | 0.22 | 0.18 | 0.06 | 0.11 | 0.07 | 0.06 | 0.09 |
| EPS Growth | 19.57% | 91.67% | 9.09% | 22.22% | 200% | -45.45% | 57.14% | 20.69% | -33.33% | - |
| Dividend Per Share | 0.29 | 0.37 | 0.25 | 0.10 | 0.08 | - | - | - | 0.11 | 0.15 |
| Dividend Growth | -21.62% | 48% | 150% | 25% | - | - | - | - | -24.83% | - |
| Operating Cash Flow | 19.82 | 39.92 | 45.10 | 38.53 | 39.18 | 20.50 | 26.01 | 29.92 | 37.36 | 28.79 |
| Capital Expenditures | -5.57 | -6.03 | -8.27 | -4.04 | -2.18 | -2.00 | -3.56 | -0.82 | -1.79 | -1.63 |
| Free Cash Flow | 14.26 | 33.89 | 36.83 | 34.50 | 37.00 | 18.50 | 22.45 | 29.10 | 35.56 | 27.16 |
| Cash & Equivalents | 181 | 38.94 | 129 | 78.24 | 199 | 340 | 135 | 127 | 156 | 223 |
| Total Debt | 1,173 | 1,322 | 1,199 | 806 | 614 | 571 | 512 | 288 | 250 | 248 |
| Net Cash / Debt | -992 | -1,283 | -1,070 | -728 | -415 | -231 | -377 | -161 | -94.19 | -25.06 |
| Assets | 6,758 | 6,635 | 6,580 | 4,818 | 4,500 | 4,237 | 3,510 | 3,145 | 2,937 | 2,904 |
| Liabilities | 5,674 | 5,508 | 5,311 | 3,761 | 3,352 | 3,070 | 3,015 | 2,678 | 2,445 | 2,416 |
| Book Value | 1,084 | 1,127 | 1,269 | 1,057 | 1,148 | 1,167 | 495 | 468 | 492 | 488 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Kearny Financial Corp. |
| Country |
United States |
| Employees |
494 |
| CEO |
Craig L. Montanaro |
Stock Information
| Ticker Symbol |
KRNY |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Banks—Regional |
| Unique Identifier |
NASDAQ: KRNY |
| IPO Date |
February 24, 2005 |
Description
Kearny Financial operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family first mortgage loans, and home equity loans and lines of credit; loans to individuals for the construction of one- to four-family residences, or for various renovations or improvements to an existing dwelling; account loans, overdraft lines of credit, and personal loans; and loans secured by savings accounts and certificates of deposit on deposit. In addition, the company engages in investment activities. As of August 19, 2020, it operated a total of 51 retail branch offices located throughout northern and central New Jersey, and Brooklyn and Staten Island, New York. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.