KRNY Should I Buy
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Kearny Financial Corp (KRNY) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available for investment. While the company has shown solid financial growth and analysts have raised price targets, the lack of strong technical signals, neutral trading sentiment, and absence of recent news or catalysts suggest waiting for a more compelling entry point.
The stock's MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 48.289, suggesting no clear trend. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), but the stock is trading near its pivot level of $8.011, with resistance at $8.252 and support at $7.77. Overall, the technical indicators are mixed, with no strong buy signal.
Analysts have raised price targets and maintained positive ratings, citing an expected increase in net interest margin and a conservative balance sheet.
Financial performance in Q2 2026 showed strong YoY growth in revenue (+16.41%), net income (+43.91%), and EPS (+50.00%).
No recent news or event-driven catalysts to drive immediate price movement.
Stock trend analysis suggests a potential decline of -3.79% in the next week and -4.09% in the next month.
No significant hedge fund or insider trading activity.
In Q2 2026, Kearny Financial reported a revenue increase of 16.41% YoY to $42.67M, net income growth of 43.91% YoY to $9.45M, and a 50% YoY increase in EPS to $0.15. The financials indicate strong growth trends.
Analysts have raised price targets recently, with Keefe Bruyette increasing the target to $8.50 and Piper Sandler raising it to $9. Both firms maintain positive ratings, citing expected improvements in net interest margin and a sustainable dividend.
