Capitol Federal Financial (NASDAQ:CFFN – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $8.55 and traded as high as $8.68. Capitol Federal Financial shares last traded at $8.62, with a volume of 1,052,288 shares traded.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. Benchmark started coverage on Capitol Federal Financial in a research report on Wednesday, July 8th. They set a “buy” rating and a $10.00 target price on the stock. Piper Sandler increased their price target on Capitol Federal Financial from $8.50 to $9.50 and gave the company a “neutral” rating in a research note on Monday, August 3rd. New Street Research set a $10.00 price target on Capitol Federal Financial in a report on Thursday, July 9th. Finally, Weiss Ratings lowered Capitol Federal Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.25.
Check Out Our Latest Stock Analysis on CFFN
Capitol Federal Financial Stock Performance
The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 12.49 and a beta of 0.70. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.60. The firm has a 50-day moving average of $8.55 and a 200-day moving average of $7.99.
Capitol Federal Financial (NASDAQ:CFFN – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The savings and loans company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. The company had revenue of $60.86 million during the quarter, compared to analysts’ expectations of $61.12 million. Capitol Federal Financial had a return on equity of 8.39% and a net margin of 19.39%.
Capitol Federal Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 6th will be paid a $0.0850 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, November 6th. Capitol Federal Financial’s dividend payout ratio (DPR) is presently 49.28%.
Institutional Investors Weigh In On Capitol Federal Financial
A number of institutional investors and hedge funds have recently modified their holdings of CFFN. Public Employees Retirement System of Ohio purchased a new stake in Capitol Federal Financial in the second quarter valued at approximately $25,000. Allworth Financial LP purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $37,000. OneDigital Investment Advisors LLC purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $89,000. Sanctuary Advisors LLC purchased a new position in Capitol Federal Financial during the 2nd quarter worth approximately $92,000. Finally, Keating Financial Advisory Services Inc. acquired a new stake in Capitol Federal Financial during the 2nd quarter valued at approximately $94,000. Institutional investors and hedge funds own 88.51% of the company’s stock.
Capitol Federal Financial Company Profile
Capitol Federal Financial, Inc is the holding company for Capitol Federal Savings Bank, a federally chartered savings bank headquartered in Topeka, Kansas. The bank primarily provides residential mortgage lending, including loans for the purchase and refinancing of single-family homes, along with commercial real estate, construction, consumer, and other lending products.
Capitol Federal Savings Bank also offers deposit services such as checking and savings accounts, money market accounts, certificates of deposit, and other transaction and savings products.
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