How to Buy Kearny Financial Stock
Kearny Financial Corp
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States.
Kearny Financial stock last closed at $5.76, up 1.95% from the previous day, and has decreased 22.16% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.49 percentage points. Kearny Financial stock is currently +9.19% from its 52-week low of $5.28, and -39.11% from its 52-week high of $9.46.
At the moment, there are 64.44M shares of KRNY outstanding. The market value of KRNY is $371.16M. In the past 24 hours, 340,105 KRNY shares were traded.
How to Buy Kearny Financial Stock
Not sure how to invest in Kearny Financial stock? Here's how.
- Choose where to buy Kearny Financial stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Kearny Financial stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Analyze Kearny Financial stock: The Kearny Financial ticker symbol is KRNY. Is Kearny Financial stock a good investment? Should you buy shares of KRNY? How do KRNY's underlying business fundamentals look? Do top analysts think Kearny Financial is a good buy? Why has KRNY's stock price moved recently? (Hint: Our stock research tools can help you evaluate if KRNY is a good stock to buy).
- Make your KRNY purchase: Decide if you will purchase KRNY shares at the current market price or use a limit order to purchase KRNY shares at a particular price.
- Get key alerts regarding your investment in KRNY: Create a watchlist to monitor your new investment in Kearny Financial stock.
Step 1: Choose where to buy Kearny Financial stock
You will need a brokerage account to access the NASDAQ market and buy KRNY stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in KRNY today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the best stock apps, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your new brokerage account.
Step 4: Analyze Kearny Financial stock
After you have selected the best place to buy Kearny Financial stock, it's absolutely critical to analyze their stock before you invest, so you actually understand the risk as well as the upside.
Kearny Financial stock quick numbers
Fundamentals of Kearny Financial
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on KRNY's stock page.
Is KRNY stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KRNY's fair value.
Using relative valuations methods:
- KRNY may be undervalued based on its P/E ratio of 19.86x, relative to Banks - Regional industry P/E ratio of -10.04x
- KRNY could be undervalued based on its P/B ratio of 0.44x, relative to Banks - Regional industry P/B ratio of 1x
You can access additional valuation research on KRNY's stock here.
KRNY Financial Health Overview
Pros:
- KRNY earnings of $29.71M is not sufficient to cover its interest payments.
Cons:
- Total KRNY debt is higher than 5 years ago, relative to shareholder equity.
- KRNY profit margin has gone down from 24.7% to 12.4% in the past year.
- KRNY has a relatively high debt to equity ratio of 8.31.
- KRNY's operating cash flow of $52.64M allows it to safely service it's debt of $1.67B.
KRNY Trading Indicators
Is KRNY Growing Revenue?
Last year, KRNY earnings were $18.34M. Over the last 5 year, KRNY's earnings have increased by -6.23% per year. This was slower than the Banks - Regional industry average of 16.01%.
Last year, KRNY revenue was $148.37M. Over the last five year, KRNY's revenue has grown by -1.04% per year. This was slower than the Banks - Regional industry average of 7.55%.
You can analyze KRNY's earnings and revenue performance here.
What are KRNY executives and large shareholders up to?
In the past year, insiders at KRNY have bought more shares than they have sold.
Anthony V. Bilotta Jr., EVP and Chief Banking Officer of KRNY, was the latest KRNY insider to buy. They bought $11,700.00 worth of KRNY shares on Mar 18, 2024.
Dig into more about who owns KRNY stock here.
Does KRNY stock generate passive income?
Kearny Financial pays a dividend of 7.64%, compared to the Banks - Regional industry's average dividend yield of 3.76%. If you owned $1,000 of KRNY stock, you would have been paid $76.39 last year.
Kearny Financial dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Kearny Financial dividend yield and history here.
What do other investors have to say about KRNY?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your KRNY purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you need additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your investment in KRNY
Now that you own some KRNY shares, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your KRNY stock.
KRNY Feed
How to Buy Stock in Kearny Financial
To reiterate, here are the 6 steps for buying Kearny Financial stock:
- Choose where to buy Kearny Financial stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Kearny Financial stock
- Make your KRNY purchase
- Get key alerts regarding your investment in KRNY
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Kearny Financial, create a watchlist on WallStreetZen today.
More Articles You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.