Kearny Financial Corp Stock Net Income
| KRNY Stock | USD 5.65 0.14 2.54% |
Kearny Financial Corp fundamentals help investors to digest information that contributes to Kearny Financial's financial success or failures. It also enables traders to predict the movement of Kearny Stock. The fundamental analysis module provides a way to measure Kearny Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kearny Financial stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 46.9 M | 49.3 M | |
| Net Income Applicable To Common Shares | 46.9 M | 49.3 M | |
| Net Income From Continuing Ops | 46.9 M | 31.2 M | |
| Net Income Per Share | 0.57 | 0.60 | |
| Net Income Per E B T | 0.70 | 0.58 |
Kearny | Net Income |
Kearny Financial Corp Company Net Income Analysis
Kearny Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Kearny Financial Net Income | 40.81 M |
Most of Kearny Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kearny Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kearny Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Kearny Financial is extremely important. It helps to project a fair market value of Kearny Stock properly, considering its historical fundamentals such as Net Income. Since Kearny Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kearny Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kearny Financial's interrelated accounts and indicators.
Kearny Net Income Historical Pattern
Today, most investors in Kearny Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kearny Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Kearny Financial net income as a starting point in their analysis.
Kearny Financial Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Kearny Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Kearny Financial Corp reported net income of 40.81 M. This is 96.81% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 92.85% higher than that of the company.
Kearny Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kearny Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kearny Financial could also be used in its relative valuation, which is a method of valuing Kearny Financial by comparing valuation metrics of similar companies.Kearny Financial is currently under evaluation in net income category among related companies.
Kearny Financial Institutional Holders
Institutional Holdings refers to the ownership stake in Kearny Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kearny Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kearny Financial's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 576.4 K | Northern Trust Corp | 2023-12-31 | 542.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 428.9 K | Aqr Capital Management Llc | 2023-12-31 | 376.9 K | American Century Companies Inc | 2023-12-31 | 364.3 K | Bridgeway Capital Management, Llc | 2023-12-31 | 318.3 K | Rhino Investment Partners, Inc. | 2023-12-31 | 284.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 274.7 K | First Trust Advisors L.p. | 2023-12-31 | 210.8 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 6.5 M | Vanguard Group Inc | 2023-12-31 | 5.7 M |
Kearny Fundamentals
| Return On Equity | 0.018 | ||||
| Return On Asset | 0.0019 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 1.99 B | ||||
| Shares Outstanding | 64.44 M | ||||
| Shares Owned By Insiders | 11.70 % | ||||
| Shares Owned By Institutions | 63.39 % | ||||
| Number Of Shares Shorted | 759.48 K | ||||
| Price To Earning | 13.29 X | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 178.62 M | ||||
| Gross Profit | 176.13 M | ||||
| EBITDA | 58.67 M | ||||
| Net Income | 40.81 M | ||||
| Cash And Equivalents | 142.84 M | ||||
| Cash Per Share | 2.17 X | ||||
| Total Debt | 1.51 B | ||||
| Debt To Equity | 2.92 % | ||||
| Book Value Per Share | 13.65 X | ||||
| Cash Flow From Operations | 69.55 M | ||||
| Short Ratio | 1.45 X | ||||
| Earnings Per Share | 0.29 X | ||||
| Price To Earnings To Growth | 15.99 X | ||||
| Target Price | 6.25 | ||||
| Number Of Employees | 556 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 347.96 M | ||||
| Total Asset | 8.06 B | ||||
| Retained Earnings | 457.61 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 2.29 % | ||||
| Net Asset | 8.06 B | ||||
| Last Dividend Paid | 0.44 |
About Kearny Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kearny Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kearny Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kearny Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kearny Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kearny Financial's short interest history, or implied volatility extrapolated from Kearny Financial options trading.
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Complementary Tools for Kearny Stock analysis
When running Kearny Financial's price analysis, check to measure Kearny Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.
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Is Kearny Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kearny Financial. If investors know Kearny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kearny Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.44 | Earnings Share 0.29 | Revenue Per Share 2.267 | Quarterly Revenue Growth (0.14) |
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.