With 0.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.36 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $6.97 whereas the lowest price it dropped to was $6.795. The 52-week range on KRNY shows that it touched its highest point at $8.66 and its lowest point at $5.28 during that stretch. It currently has a 1-year price target of $8.38. With its current market cap of 448.18 million, KRNY has annualized dividend of $0.44 while the current yield stands at 6.34%. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KRNY was down-trending over the past week, with a drop of -1.98%, but this was down by -13.36% over a month. Three-month performance surged to 7.93% while six-month performance rose 15.28%. The stock lost -19.02% in the past year, while it has lost -1.98% so far this year. A look at the trailing 12-month EPS for KRNY yields -1.45 with Next year EPS estimates of 0.88. For the next quarter, that number is 0.10. This implies an EPS growth rate of 132.37% for this year and 95.56% for next year.
Float and Shares Shorts:
At present, 62.47 million KRNY shares are outstanding with a float of 56.64 million shares on hand for trading. On 2024-12-13, short shares totaled 0.39 million, which was 61.000003 higher than short shares on 1731628800. In addition to Mr. Craig L. Montanaro as the firm’s President, CEO & Director, Mr. Keith Suchodolski serves as its Senior EVP & COO.
Institutional Ownership:
Through their ownership of 0.63439 of KRNY’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KRNY since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With KRNY analysts setting a high price target of 8.5 and a low target of 8.25, the average target price over the next 12 months is 8.375. Based on these targets, KRNY could surge 22.48% to reach the target high and rise by 18.88% to reach the target low. Reaching the average price target will result in a growth of 20.68% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.295 being high and $0.295 being low. For KRNY, this leads to a yearly average estimate of $0.295.
