Capitol Federal Financial (NASDAQ:CFFN) Issues Quarterly Earnings Results

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) posted its quarterly earnings results on Wednesday. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02, Zacks reports. The business had revenue of $50.75 million during the quarter, compared to analyst estimates 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

Shares of Capitol Federal Financial stock traded down $0.02 during midday trading on Friday, hitting $6.23. The company had a trading volume of 645,421 shares, compared to its average volume of 674,516. The business's 50 day simple moving average is $5.99 and its two-hundred day simple moving average is $5.80. The stock has a market cap of $827.34 million, a PE ratio of 13.26 and a beta of 0.56. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.27 and a quick ratio of 1.28. Capitol Federal Financial has a 1-year low of $4.90 and a 1-year high of $7.20.

Capitol Federal Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date is Friday, August 1st. Capitol Federal Financial's dividend payout ratio is 85.00%.

Insider Activity

In other Capitol Federal Financial news, EVP Rick C. Jackson purchased 15,000 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were purchased at an average price of $5.69 per share, for a total transaction of $85,350.00. Following the completion of the purchase, the executive vice president directly owned 206,428 shares of the company's stock, valued at approximately $1,174,575.32. This represents a 7.84% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.20% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CFFN. Strs Ohio bought a new stake in Capitol Federal Financial during the 1st quarter worth about $59,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $119,000. Caxton Associates LLP bought a new stake in shares of Capitol Federal Financial during the 1st quarter worth approximately $315,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Capitol Federal Financial by 4.3% during 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 in the last quarter. Finally, Jane Street Group LLC raised its stake in Capitol Federal Financial by 18.4% in the 1st 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 during the period. 88.51% of the stock is owned by 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.