Kearny Financial (KRNY) Earning Somewhat Positive Press Coverage, Study Finds

News coverage about Kearny Financial (NASDAQ:KRNY) has trended somewhat positive on Thursday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. 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 news impact score of 0.07 on Accern’s scale. Accern also gave media headlines about the savings and loans company an impact score of 46.5259834985031 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Kearny Financial (NASDAQ KRNY) opened at $14.60 on Thursday. Kearny Financial has a twelve month low of $13.35 and a twelve month high of $16.10. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1,188.94, a P/E ratio of 63.80 and a beta of 0.56.

Kearny Financial (NASDAQ:KRNY) last issued its quarterly earnings results on Monday, October 30th. The savings and loans company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.02. Kearny Financial had a net margin of 12.31% and a return on equity of 1.79%. The company had revenue of $29.90 million during the quarter.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Tuesday, December 5th. Kearny Financial’s dividend payout ratio (DPR) is presently 52.17%.

In other news, Director Matthew T. Mcclane sold 13,804 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $14.42, for a total transaction of $199,053.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Theodore J. Aanensen sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $14.11, for a total transaction of $28,220.00. The disclosure for this sale can be found here. Corporate insiders own 3.78% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Kearny Financial (NASDAQ:KRNY)

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