Kearny Financial (NASDAQ:KRNY) Shares Gap Down – Here’s What Happened

Posted by Brian Himes on Aug 31st, 2026

Kearny Financial (NASDAQ:KRNY – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $9.82, but opened at $9.50. Kearny Financial shares last traded at $9.7350, with a volume of 10,217 shares.

Analyst Ratings Changes

KRNY has been the topic of several research reports. Raymond James Financial started coverage on shares of Kearny Financial in a research note on Wednesday. They issued an “outperform” rating and a $11.00 price target on the stock. Weiss Ratings raised shares of Kearny Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 24th. Finally, Piper Sandler boosted their target price on Kearny Financial from $9.50 to $10.50 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.75.

View Our Latest Stock Analysis on KRNY

Kearny Financial Price Performance

The stock has a market cap of $638.25 million, a PE ratio of 17.25 and a beta of 0.64. The stock’s fifty day moving average is $9.49 and its 200-day moving average is $8.48. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.05 and a quick ratio of 1.05.

Kearny Financial (NASDAQ:KRNY – Get Free Report) last posted its earnings results on Thursday, July 23rd. The savings and loans company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). Kearny Financial had a net margin of 10.45% and a return on equity of 4.90%. The firm had revenue of $45.69 million during the quarter, compared to analyst estimates of $45.61 million. As a group, equities analysts anticipate that Kearny Financial will post 0.79 EPS for the current year.

Kearny Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 4.5%. The ex-dividend date was Wednesday, August 12th. Kearny Financial’s dividend payout ratio is presently 77.19%.

Insiders Place Their Bets

In other Kearny Financial news, Director Melvina Wong-Zaza bought 3,500 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was bought at an average price of $8.57 per share, with a total value of $29,995.00. Following the completion of the purchase, the director directly owned 33,910 shares in the company, valued at $290,608.70. The trade was a 11.51% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Curtland E. Fields purchased 14,700 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was acquired at an average cost of $9.41 per share, for a total transaction of $138,327.00. Following the purchase, the director owned 57,900 shares in the company, valued at approximately $544,839. The trade was a 34.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 44,273 shares of company stock valued at $394,676 over the last quarter. 7.44% of the stock is owned by insiders.

Hedge Funds Weigh In On Kearny Financial

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Kearny Financial during the second quarter worth $84,461,000. Vanguard Group Inc. raised its holdings in shares of Kearny Financial by 4.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,348,893 shares of the savings and loans company’s stock valued at $22,002,000 after buying an additional 133,683 shares during the period. AQR Capital Management LLC lifted its stake in Kearny Financial by 36.4% during the 4th quarter. AQR Capital Management LLC now owns 2,023,294 shares of the savings and loans company’s stock worth $14,993,000 after acquiring an additional 539,811 shares in the last quarter. Adage Capital Partners GP L.L.C. lifted its stake in Kearny Financial by 488.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,612,987 shares of the savings and loans company’s stock worth $11,952,000 after acquiring an additional 1,339,062 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Kearny Financial by 6.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,437,222 shares of the savings and loans company’s stock valued at $10,851,000 after acquiring an additional 81,050 shares during the period. Hedge funds and other institutional investors own 71.01% of the company’s stock.

About Kearny Financial

(Get Free Report)

Kearny Financial, Inc was the bank holding company for Kearny Bank, a New Jersey–based community bank offering a full suite of commercial and consumer banking services. Through its subsidiary, the company provided deposit products, lending facilities and electronic banking solutions to individuals, small businesses and middle-market corporations.

The company’s core products included checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, equipment financing, home equity lines of credit and consumer installment loans.