Capitol Federal Financial (NASDAQ:CFFN) Sets New 1-Year Low - What's Next?

Capitol Federal Financial, Inc. (NASDAQ:CFFN - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.60 and last traded at $5.67, with a volume of 877817 shares trading hands. The stock had previously closed at $5.74.

Analysts Set New Price Targets

Separately, Piper Sandler lowered their price objective on shares of Capitol Federal Financial from $7.00 to $6.50 and set a "neutral" rating for the company in a research note on Thursday, January 30th.

Capitol Federal Financial Trading Down 0.6 %

The company has a market cap of $757.54 million, a price-to-earnings ratio of 14.63 and a beta of 0.53. The company's fifty day moving average is $5.57 and its two-hundred day moving average is $6.01. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.30 and a current ratio of 1.30.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The savings and loans company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The firm had revenue of $48.79 million for the quarter, compared to the consensus estimate of $47.81 million. Capitol Federal Financial had a net margin of 12.67% and a return on equity of 4.96%. On average, research analysts anticipate that Capitol Federal Financial, Inc. will post 0.46 EPS for the current year.

Capitol Federal Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 2nd will be issued a $0.085 dividend. The ex-dividend date is Friday, May 2nd. This represents a $0.34 dividend on an annualized basis and a yield of 5.96%. Capitol Federal Financial's payout ratio is 85.00%.

Insiders Place Their Bets

In related news, EVP Rick C. Jackson acquired 10,000 shares of the firm's stock in a transaction on Monday, February 24th. The shares were acquired at an average cost of $5.88 per share, with a total value of $58,800.00. Following the completion of the acquisition, the executive vice president now directly owns 191,428 shares in the company, valued at approximately $1,125,596.64. This trade represents a 5.51 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey M. Johnson bought 20,000 shares of the business's stock in a transaction dated Friday, April 25th. The shares were bought at an average cost of $5.56 per share, with a total value of $111,200.00. Following the purchase, the director now directly owns 132,900 shares of the company's stock, valued at approximately $738,924. This represents a 17.71 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 55,000 shares of company stock worth $311,200. 3.20% of the stock is owned by corporate insiders.

Institutional Trading of Capitol Federal Financial

Several large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in Capitol Federal Financial by 131.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,197 shares of the savings and loans company's stock valued at $43,000 after purchasing an additional 4,093 shares in the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of Capitol Federal Financial in the fourth quarter valued at about $53,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Capitol Federal Financial in the fourth quarter worth about $60,000. Robeco Institutional Asset Management B.V. acquired a new position in Capitol Federal Financial during the first quarter worth about $62,000. Finally, Wealthstream Advisors Inc. purchased a new stake in Capitol Federal Financial during the 4th quarter valued at about $63,000. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Capitol Federal Financial Company Profile

Capitol Federal Financial, Inc operates as the holding company for Capitol Federal Savings Bank that provides various retail banking products and services in the United States. The company accepts a range of deposit products, including savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposit.