In other words, the price has increased by $0.00 from its previous closing price. On the day, 529695 shares were traded.
Ratios:
Our goal is to gain a better understanding of KRNY by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 0.27.
On October 28, 2022, Compass Point Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $14 to $11.
Piper Sandler Downgraded its Overweight to Neutral on January 06, 2022, while the target price for the stock was maintained at $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Suchodolski Keith bought 2,000 shares for $5.87 per share. The transaction valued at 11,740 led to the insider holds 82,648 shares of the business.
BILOTTA ANTHONY V JR bought 2,000 shares of KRNY for $11,700 on Mar 18 ’24. The EVP and Chief Banking Officer now owns 79,761 shares after completing the transaction at $5.85 per share. On Mar 14 ’24, another insider, Joyce Patrick M, who serves as the EVP and CLO of the company, sold 3,500 shares for $6.17 each. As a result, the insider received 21,597 and left with 48,331 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRNY now has a Market Capitalization of 392.42M. As of this moment, Kearny’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.60, and their Forward P/E ratio for the next fiscal year is 10.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.45.
Stock Price History:
Over the past 52 weeks, KRNY has reached a high of $9.46, while it has fallen to a 52-week low of $5.78. The 50-Day Moving Average of the stock is 6.43, while the 200-Day Moving Average is calculated to be 7.40.
Shares Statistics:
The stock has traded on average 451.61K shares per day over the past 3-months and 432.21k shares per day over the last 10 days, according to various share statistics. A total of 63.51M shares are outstanding, with a floating share count of 56.64M. Insiders hold about 12.10% of the company’s shares, while institutions hold 64.04% stake in the company. Shares short for KRNY as of Mar 15, 2024 were 1.05M with a Short Ratio of 2.32, compared to 952.18k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.62% and a Short% of Float of 2.11%.
Dividends & Splits
In the trailing 12 months, KRNY’s forward annual dividend rate was 0.44, compared to 0.44 this year. Against a Trailing Annual Dividend Yield of 7.22%, it implies a Forward Annual Dividend Yield of 6.96%. The stock’s 5-year Average Dividend Yield is 3.57. The current Payout Ratio is 69.86% for KRNY, which recently paid a dividend on Feb 21, 2024 with an ex-dividend date of Feb 06, 2024. Stock splits for the company last occurred on May 19, 2015 when the company split stock in a 1:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.08, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.11, with high estimates of $0.14 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.52 and $0.41 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.57, with 2 analysts recommending between $0.7 and $0.44.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for KRNY’s current fiscal year. The highest revenue estimate was $141.61M, while the lowest revenue estimate was $141.61M, resulting in an average revenue estimate of $141.61M. In the same quarter a year ago, actual revenue was $175.87M, down -19.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $143.4M in the next fiscal year. The high estimate is $143.4M and the low estimate is $143.4M. The average revenue growth estimate for next year is up 1.30% from the average revenue estimate for this year.
