Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) issued its quarterly earnings results on Wednesday, April 29th. The savings and loans company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01), Zacks reports. The business had revenue of $57.73 million during the quarter, compared to analyst estimates of $56.97 million. Capitol Federal Financial had a net margin of 17.80% and a return on equity of 7.46%.
Capitol Federal Financial Stock Performance
Shares of Capitol Federal Financial stock traded up $0.01 during trading hours on Friday, reaching $7.83. The company had a trading volume of 134,140 shares, compared to its average volume of 948,377. Capitol Federal Financial has a one year low of $5.51 and a one year high of $7.97. The business has a fifty day simple moving average of $7.35 and a 200 day simple moving average of $7.00. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.21 and a quick ratio of 1.24. The firm has a market cap of $1.02 billion, a PE ratio of 13.06 and a beta of 0.70.
Capitol Federal Financial Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $0.34 dividend on an annualized basis and a yield of 4.3%. Capitol Federal Financial's payout ratio is presently 56.67%.
Wall Street Analysts Forecast Growth
CFFN has been the topic of several recent research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Capitol Federal Financial in a research report on Friday, March 27th. Keefe, Bruyette & Woods raised their price objective on Capitol Federal Financial from $6.50 to $7.50 and gave the stock a "market perform" rating in a research note on Thursday, January 29th. Finally, Piper Sandler increased their target price on Capitol Federal Financial from $8.00 to $8.50 and gave the stock a "neutral" rating in a report on Monday. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $8.00.
Check Out Our Latest Report on CFFN
Hedge Funds Weigh In On Capitol Federal Financial
Institutional investors and hedge funds have recently made changes to their positions in the business. CreativeOne Wealth LLC lifted its position in Capitol Federal Financial by 11.7% during the fourth quarter. CreativeOne Wealth LLC now owns 15,479 shares of the savings and loans company's stock valued at $105,000 after buying an additional 1,623 shares during the period. LPL Financial LLC increased its holdings in shares of Capitol Federal Financial by 1.9% during the fourth quarter. LPL Financial LLC now owns 123,996 shares of the savings and loans company's stock valued at $844,000 after acquiring an additional 2,345 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Capitol Federal Financial by 23.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 13,884 shares of the savings and loans company's stock worth $88,000 after purchasing an additional 2,664 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Capitol Federal Financial by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,638 shares of the savings and loans company's stock worth $412,000 after purchasing an additional 3,036 shares during the last quarter. Finally, Stifel Financial Corp grew its position in Capitol Federal Financial by 5.3% during the 4th quarter. Stifel Financial Corp now owns 78,727 shares of the savings and loans company's stock valued at $536,000 after purchasing an additional 3,970 shares during the last quarter. Institutional investors own 88.51% of the company's stock.
About Capitol Federal Financial
(
Get Free Report)
Capitol Federal Financial, Inc is a bank holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Capitol Federal Savings Bank, the company provides a range of retail and commercial banking products and services. These offerings include checking and savings accounts, certificates of deposit, home equity lines of credit and other consumer loan products. In addition, Capitol Federal Financial operates an active mortgage origination business, making residential mortgage loans both for its own portfolio and for sale in the secondary market.
Established in 1893, Capitol Federal has grown into one of the nation's largest mutual savings banks, emphasizing long-term customer relationships and conservative credit practices.
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