Kearny Financial Corp (NASDAQ: KRNY) stock enjoyed a major increase of 15.9% on 11/6/24. The shares closed at $8.25. Moreover, trading volume in this advance was exceptionally high at 280% of normal. The stock has risen 16.7% during the last week and has been strong relative to the market over the last nine months.
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 has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kearny Financial has a good Power Rating of 82 and a very high Appreciation Score of 88, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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