Kearny Financial P/E 2024

Kearny Financial P/E

11.5

Kearny Financial Dividend yield

7.86 %

Ticker

KRNY

ISIN

US48716P1084

WKN

A14THF

As of May 31, 2024, Kearny Financial's P/E ratio was 11.5, a 5.7% change from the 10.88 P/E ratio recorded in the previous year.

The Kearny Financial P/E history

Kearny Financial Aktienanalyse

What does Kearny Financial do?

Kearny Financial Corp is a US holding company that was originally founded as Kearny Federal Savings Bank. The bank opened in New Jersey in 1884 and has since been an important part of the local economy and society. In 2005, the bank was renamed Kearny Financial Corp to better reflect the business activities of the holding company. Kearny Financial Corp's business model is based on offering a wide range of financial services to retail customers and small and medium-sized businesses in the United States. This includes deposit products such as savings accounts and CDs, personal and business loans, mortgages and home financing, as well as financial advisory and asset management services. The bank currently operates 41 branches and serves customers in the states of New Jersey, New York, and Pennsylvania. Kearny Financial Corp is divided into three main areas: deposits, loans, and asset management. In the deposits area, the bank offers various accounts, including basic savings accounts, checking accounts, money market accounts, and different types of CDs. These products provide customers with a flexible and secure way to save their money while earning a good return. In the loans area, Kearny Financial Corp offers its customers various options for personal and business loans, including retail, commercial, and real estate financing. The bank specializes in mortgages for residential properties and offers customers a wide range of products, including first and second mortgages, creative financing options, and special programs for first-time homebuyers. The third area of Kearny Financial Corp is asset management. The bank offers its customers a variety of investment options, including mutual funds, annuities, life insurance, and other retirement products. The bank employs specially trained and certified advisors to assist customers in selecting the best investment options. As part of its commitment to society, Kearny Financial Corp is also involved in various philanthropic projects. The bank supports local and regional charities and nonprofit organizations, including schools, hospitals, and other charitable organizations. In 2017, the bank donated over $250,000 to nonprofit organizations through its foundation. Overall, Kearny Financial Corp has experienced stable and solid business growth in recent years. In 2019, the bank's equity exceeded $1 billion, and the company aims to continue growing and solidifying its position as one of the leading banks in the United States in the future. Kearny Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Kearny Financial's P/E Ratio

The Price to Earnings (P/E) Ratio of Kearny Financial is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Kearny Financial's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Kearny Financial is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Kearny Financial’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Kearny Financial Stock

What is the price-to-earnings ratio of Kearny Financial?

The price-earnings ratio of Kearny Financial is currently 11.5.

How has the price-earnings ratio of Kearny Financial changed compared to last year?

The price-to-earnings ratio of Kearny Financial has increased by 5.7% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Kearny Financial high compared to other companies?

Yes, the price-to-earnings ratio of Kearny Financial is high compared to other companies.

How does an increase in the price-earnings ratio of Kearny Financial affect the company?

An increase in the price-earnings ratio of Kearny Financial would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Kearny Financial affect the company?

A decrease in the price-earnings ratio of Kearny Financial would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Kearny Financial?

Some factors that influence the price-earnings ratio of Kearny Financial are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Kearny Financial pay?

Over the past 12 months, Kearny Financial paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 7.86 %. For the coming 12 months, Kearny Financial is expected to pay a dividend of 0.46 USD.

What is the dividend yield of Kearny Financial?

The current dividend yield of Kearny Financial is 7.86 %.

When does Kearny Financial pay dividends?

Kearny Financial pays a quarterly dividend. This is distributed in the months of October, December, March, July.

How secure is the dividend of Kearny Financial?

Kearny Financial paid dividends every year for the past 11 years.

What is the dividend of Kearny Financial?

For the upcoming 12 months, dividends amounting to 0.46 USD are expected. This corresponds to a dividend yield of 8.16 %.

In which sector is Kearny Financial located?

Kearny Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Kearny Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kearny Financial from 5/22/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 5/7/2024.

When did Kearny Financial pay the last dividend?

The last dividend was paid out on 5/22/2024.

What was the dividend of Kearny Financial in the year 2023?

In the year 2023, Kearny Financial distributed 0.44 USD as dividends.

In which currency does Kearny Financial pay out the dividend?

The dividends of Kearny Financial are distributed in USD.

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Andere Kennzahlen von Kearny Financial

Our stock analysis for Kearny Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kearny Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.