Capitol Federal Financial (NASDAQ:CFFN) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Capitol Federal Financial's shares have risen above their two hundred day moving average of $5.93, peaking at $6.33 during trading.
• The company recently reported earnings per share (EPS) of $0.14 for the last quarter, exceeding estimates, with a total revenue of $50.75 million.
• Capitol Federal Financial has declared a quarterly dividend of $0.085 per share, resulting in an annualized yield of 5.4% with a dividend payout ratio of 72.34%.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.93 and traded as high as $6.33. Capitol Federal Financial shares last traded at $6.26, with a volume of 411,630 shares changing hands.

Capitol Federal Financial Stock Performance

The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $831.45 million, a price-to-earnings ratio of 13.32 and a beta of 0.64. The stock has a 50-day simple moving average of $6.25 and a 200-day simple moving average of $5.93.

Capitol Federal Financial (NASDAQ:CFFN - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $50.75 million for the quarter, compared to analyst estimates of $50.51 million. Capitol Federal Financial had a return on equity of 5.92% and a net margin of 14.87%. On average, analysts anticipate that Capitol Federal Financial will post 0.46 earnings per share for the current year.

Capitol Federal Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 1st were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Friday, August 1st. Capitol Federal Financial's dividend payout ratio is currently 72.34%.

Institutional Investors Weigh In On Capitol Federal Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new stake in shares of Capitol Federal Financial during the 1st quarter valued at approximately $26,000. Osaic Holdings Inc. increased its position in Capitol Federal Financial by 474.6% in the second quarter. Osaic Holdings Inc. now owns 5,763 shares of the savings and loans company's stock worth $35,000 after buying an additional 4,760 shares during the period. Hantz Financial Services Inc. increased its position in Capitol Federal Financial by 450.4% in the second quarter. Hantz Financial Services Inc. now owns 7,403 shares of the savings and loans company's stock worth $45,000 after buying an additional 6,058 shares during the period. EverSource Wealth Advisors LLC increased its position in Capitol Federal Financial by 180.5% in the second quarter. EverSource Wealth Advisors LLC now owns 8,501 shares of the savings and loans company's stock worth $52,000 after buying an additional 5,470 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new stake in Capitol Federal Financial in the second quarter worth $64,000. 88.51% of the stock is owned by institutional investors and hedge funds.

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.

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.