Kearny Financial (KRNY) Projected to Post Quarterly Earnings on Wednesday

Kearny Financial (NASDAQ:KRNY) is expected to be announcing its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $37,994.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Kearny Financial Price Performance

Shares of KRNY opened at $7.30 on Tuesday. The firm has a market capitalization of $471.43 million, a PE ratio of -5.03 and a beta of 0.82. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.08 and a quick ratio of 1.08. The company’s fifty day moving average price is $7.53 and its 200-day moving average price is $7.13. Kearny Financial has a 1-year low of $5.28 and a 1-year high of $8.59.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. StockNews.com upgraded Kearny Financial from a “sell” rating to a “hold” rating in a research note on Monday, October 28th. Piper Sandler upgraded shares of Kearny Financial from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $9.00 to $8.50 in a research report on Monday, January 6th.

Kearny Financial Company Profile

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. It offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts.