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Capitol Federal Financial (NASDAQ:CFFN) Shares Cross Above 200-Day Moving Average - Here's What Happened

Capitol Federal Financial logo with Finance background

Key Points

  • Capitol Federal Financial shares recently surpassed their 200-day moving average of $5.82, trading as high as $5.92 before closing at $5.85 with a volume of 508,461 shares.
  • The company reported earnings of $0.14 per share, exceeding analysts' estimates of $0.12, along with revenue of $50.75 million for the quarter.
  • Capitol Federal declared a quarterly dividend of $0.085 per share, offering an annual yield of 5.8%, with a dividend payout ratio of 72.34%.
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Capitol Federal Financial (NASDAQ:CFFN - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.82 and traded as high as $5.92. Capitol Federal Financial shares last traded at $5.85, with a volume of 508,461 shares.

Capitol Federal Financial Trading Down 0.5%

The company has a quick ratio of 1.28, a current ratio of 1.27 and a debt-to-equity ratio of 1.98. The stock's fifty day moving average price is $6.04 and its two-hundred day moving average price is $5.82. The company has a market capitalization of $776.88 million, a PE ratio of 12.45 and a beta of 0.60.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company 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%. Sell-side analysts anticipate that Capitol Federal Financial will post 0.46 earnings per share for the current year.

Capitol Federal Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 1st will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, August 1st. Capitol Federal Financial's dividend payout ratio is presently 72.34%.

Hedge Funds Weigh In On Capitol Federal Financial

A number of institutional investors have recently bought and sold shares of the stock. EMC Capital Management bought a new position in Capitol Federal Financial in the second quarter worth about $112,000. LSV Asset Management raised its stake in Capitol Federal Financial by 65.3% in the second quarter. LSV Asset Management now owns 612,600 shares of the savings and loans company's stock worth $3,737,000 after buying an additional 242,100 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Capitol Federal Financial by 12.8% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 121,125 shares of the savings and loans company's stock worth $739,000 after buying an additional 13,763 shares in the last quarter. Creative Planning raised its stake in Capitol Federal Financial by 20.1% in the second quarter. Creative Planning now owns 93,344 shares of the savings and loans company's stock worth $569,000 after buying an additional 15,649 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Capitol Federal Financial by 40.9% in the second quarter. SG Americas Securities LLC now owns 46,187 shares of the savings and loans company's stock worth $282,000 after buying an additional 13,400 shares in the last quarter. 88.51% of the stock is owned by institutional investors.

About Capitol Federal Financial

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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