Capitol Federal Financial (NASDAQ:CFFN) Releases Earnings Results, Beats Estimates By $0.02 EPS

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) posted its earnings results on Wednesday. The savings and loans company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02, Zacks reports. The business had revenue of $50.75 million for the quarter, compared to the consensus estimate of $50.51 million. Capitol Federal Financial had a net margin of 14.87% and a return on equity of 5.92%.

Capitol Federal Financial Stock Performance

NASDAQ:CFFN traded down $0.02 during trading hours on Friday, hitting $6.23. 645,421 shares of the company were exchanged, compared to its average volume of 674,516. The stock has a market capitalization of $827.35 million, a price-to-earnings ratio of 13.26 and a beta of 0.56. Capitol Federal Financial has a 52-week low of $4.90 and a 52-week high of $7.20. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.27 and a quick ratio of 1.28. The company's 50 day moving average price is $5.99 and its 200-day moving average price is $5.80.

Capitol Federal Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 5.46%. The ex-dividend date is Friday, August 1st. Capitol Federal Financial's dividend payout ratio is presently 72.34%.

Insiders Place Their Bets

In other Capitol Federal Financial news, EVP Rick C. Jackson acquired 15,000 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were acquired at an average cost of $5.69 per share, with a total value of $85,350.00. Following the acquisition, the executive vice president directly owned 206,428 shares of the company's stock, valued at approximately $1,174,575.32. The trade was a 7.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.20% of the company's stock.

Institutional Trading of Capitol Federal Financial

Several large investors have recently made changes to their positions in CFFN. Strs Ohio acquired a new position in Capitol Federal Financial during the first quarter worth $59,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Capitol Federal Financial in the first quarter valued at approximately $119,000. Caxton Associates LLP purchased a new position in shares of Capitol Federal Financial in the first quarter valued at approximately $315,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Capitol Federal Financial by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,638 shares of the savings and loans company's stock valued at $412,000 after acquiring an additional 3,036 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Capitol Federal Financial by 18.4% in the first quarter. Jane Street Group LLC now owns 209,504 shares of the savings and loans company's stock valued at $1,173,000 after acquiring an additional 32,523 shares in the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

About Capitol Federal Financial

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.