The price of KRNY is predicted to go up 19.36%, based on the high correlation periods with DAY. The similarity of these two price pattern on the periods is 92.26%.
KRNY
DAY
Up: 19.36%Similarity: 92.26%
KRNY Revenue Forecast
KRNY EPS Forecast
KRNY FAQs
What is bull’s view on KRNY?
KRNY stock is currently trading at $7.51, which is 70% of its tangible book value, making it undervalued compared to peer banks at 97%. Piper Sandler recently upgraded the stock to "Buy" with a price target of $8.50, citing attractive risk/reward after a 24% decline since 2023. Additionally, its 6.04% dividend yield provides income stability, appealing to long-term investors.
What is bear's view on KRNY?
KRNY stock is bearish, trading at $7.51, down 6.5% in pre-market trading. The decline reflects weak Q2 earnings (EPS $0.10, revenue $37.5M) and low growth concerns, with shares trading at 70% of tangible book value. Despite a 6.04% dividend yield, the stock's low valuation signals limited investor confidence.
What is KRNY revenue forecast for next quarter?
The market consensus for KRNY's revenue in the upcoming quarter is projected to be approximately $38.707M USD.
Piper Sandler upgraded Kearny Financial to Overweight from Neutral with a price target of $8.50, down from $9. Since the end of 2023, shares of Kearny have fallen 24%, the analyst tells investors in a research note. The firm says the company is now trading at just 70% of tangible book value, versus peer banks at 97%. It believes the risk/reward in Kearny Financial shares has become attractive again.