Kearny Financial (KRNY) Dividends

KRNY Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Kearny Financial Corp, the DDM model, as implemented by StockNews, implies a positive return of 52.7% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Kearny Financial Corp are:

• Relative to all dividend yielding stocks in our set, KRNY offers a dividend yield in the top 28.87% of stocks in our set.
• If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of 52.7%, based on the stock's current share price and target price based on a dividend discount model, is greater than 66.15% of the DDM-forecasted return of its its sector peers.
• Out of all stocks in our universe of US-listed dividend-issuing stocks, Kearny Financial Corp bears a discount rate, according to our calculations, lower than 66.15% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
• In terms of who is growing the amount of dividends they return to shareholders, KRNY boasts a higher growth rate in terms of its annual cash distributed to its owners than 94.79% of the dividend issuers in our set.

KRNY Dividends vs. Peers