Alert: Negative Investment/Fundamental Signals (8/6/24)-Kearny Financial Corp (NASDAQ: KRNY)

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Kearny Financial Corp (NASDAQ: KRNY). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.

Important negative changes in Kearny Financial Corp (NASDAQ: KRNY) fundamentals have recently occurred: the consensus estimate for June, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, KRNY is expected to continue to be Value Creation neutral.

Kearny Financial is currently unrated.

Recent Price Action

Kearny Financial Corp (NASDAQ: KRNY) stock declined by -2.5% on 8/6/24. The shares closed at $6.30. However, below average trading volume at 69% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -9.6% during the last week.

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