In a report released yesterday, Christopher O’Connell from KBW maintained a Hold rating on Kearny Financial (KRNY – Research Report), with a price target of $6.75. The company’s shares closed yesterday at $5.75.
O’Connell covers the Financial sector, focusing on stocks such as Dime Community Bancshares, Lakeland Bancorp, and The First Of Long Island. According to TipRanks, O’Connell has an average return of 7.4% and a 56.82% success rate on recommended stocks.
Currently, the analyst consensus on Kearny Financial is a Hold with an average price target of $6.75.
The company has a one-year high of $9.31 and a one-year low of $5.44. Currently, Kearny Financial has an average volume of 498.4K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KRNY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Kearny Financial (KRNY) Company Description:
Kearny Financial Corp. operates as a holding company, which engages in the ownership and operation of the bank. Its services comprises of attracting deposits from the general public in New Jersey. It uses deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. The firm offers both personal and business services. Kearny Financial was founded in 1884 and is headquartered in Fairfield, NJ.
