CF Bankshares Inc. (NASDAQ:CFBK – Get Free Report) COO Marianne Mckinney sold 400 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $35.36, for a total transaction of $14,144.00. Following the sale, the chief operating officer owned 14,219 shares of the company’s stock, valued at approximately $502,783.84. This represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
CF Bankshares Stock Up 0.3%
Shares of NASDAQ CFBK traded up $0.11 during midday trading on Monday, hitting $35.29. The stock had a trading volume of 60,384 shares, compared to its average volume of 54,275. The business’s 50 day moving average is $34.46 and its 200-day moving average is $31.00. CF Bankshares Inc. has a 52 week low of $22.10 and a 52 week high of $38.11. The company has a quick ratio of 1.13, a current ratio of 1.14 and a debt-to-equity ratio of 0.59. The company has a market cap of $226.42 million, a P/E ratio of 12.13 and a beta of 0.38.
CF Bankshares (NASDAQ:CFBK – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The savings and loans company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $16.55 million during the quarter, compared to the consensus estimate of $16.30 million. CF Bankshares had a net margin of 15.10% and a return on equity of 10.10%. As a group, analysts predict that CF Bankshares Inc. will post 3.56 EPS for the current year.
CF Bankshares Dividend Announcement
Institutional Trading of CF Bankshares
Several institutional investors and hedge funds have recently added to or reduced their stakes in CFBK. BlackRock Inc. purchased a new position in CF Bankshares in the 2nd quarter worth approximately $12,378,000. Rhino Investment Partners Inc purchased a new position in shares of CF Bankshares in the first quarter worth $3,499,000. Renaissance Technologies LLC boosted its position in shares of CF Bankshares by 9.8% during the first quarter. Renaissance Technologies LLC now owns 94,479 shares of the savings and loans company’s stock worth $2,637,000 after acquiring an additional 8,400 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in CF Bankshares by 48.4% during the first quarter. Dimensional Fund Advisors LP now owns 92,122 shares of the savings and loans company’s stock valued at $2,571,000 after acquiring an additional 30,045 shares in the last quarter. Finally, De Lisle Partners LLP purchased a new stake in CF Bankshares in the 2nd quarter worth $1,350,000. Institutional investors own 41.06% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of CF Bankshares in a research report on Wednesday. Piper Sandler reiterated an “overweight” rating and set a $40.00 target price (up from $36.00) on shares of CF Bankshares in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.00.
Read Our Latest Stock Report on CFBK
About CF Bankshares
CF Bankshares, Inc is a bank holding company headquartered in Wichita, Kansas. Through its primary subsidiary, Community First Bank, Wichita, N.A., the company provides a broad range of financial services to individuals, businesses and agricultural clients. CF Bankshares emphasizes community-oriented banking, combining local market knowledge with a personalized approach to customer relationships.
The company’s offerings include traditional deposit accounts such as checking, savings and money market products, along with a variety of commercial and consumer lending solutions.
Further Reading
- Five stocks we like better than CF Bankshares
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
Receive News & Ratings for CF Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.
